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Topic: Why people buying NFT (Read 912 times)

full member
Activity: 574
Merit: 125
September 04, 2021, 06:30:24 PM
You are confused about some people who are willing to pay huge amounts of money for just an NFT artwork, this is also the same thing in our real life, there are so many people who do auctions for an artwork, its their hobby and sometimes their collection to own a limited edition artwork, this is also same thing with NFT artwork and besides they can also sell it if they want so there's no wrong for owning NFT artwork.

I am also playing the games that you have mention and I am playing those NFT games because I am also earning from it, there is no plan for collecting just because I want, it is because I am earning and will benefit from it when P2E comes out.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
September 04, 2021, 05:50:52 PM
I just wonder why people buying NFT artworks like cryptopunks. I am not against NFT and I love it. I actually own some NFT games accounts like CB, Axie, Dpets because I am earning from it.. But for NFT artworks can you tell me what is the benefits. And why some of the people buying it?

because they have an artistic soul and maybe you don't, so you feel that buying artworks (NFT) is just a waste of money and has no benefit, but for them if artworks (NFT) has value and of course price is not a problem, therefore they dare to buy artworks (NFT) that they want at a high price, so that's the reason why people buy artworks (NFT).
full member
Activity: 644
Merit: 105
September 04, 2021, 06:19:10 PM
Its just like another fancy thing, its for prestige and hobby. Also if you lucky enough, you could sell the artwork for the higher price to earn profit from it.
And everyone who is able to create a new game that can attract everyone's interest, he can also sell it at a very high price because I have also seen that buying special game characters whose editions are very limited will also be very expensive, because game lovers will always offer prices highest on that game character.

Yes, For the rare thing like that its a common sense too sell it on higher price, we already see it on many traditional games before, so it would happen too on blockchain games.
sr. member
Activity: 811
Merit: 250
September 04, 2021, 06:02:04 PM
Its just like another fancy thing, its for prestige and hobby. Also if you lucky enough, you could sell the artwork for the higher price to earn profit from it.
And everyone who is able to create a new game that can attract everyone's interest, he can also sell it at a very high price because I have also seen that buying special game characters whose editions are very limited will also be very expensive, because game lovers will always offer prices highest on that game character.
legendary
Activity: 2282
Merit: 1023
September 04, 2021, 05:57:42 PM
Personally, I think NFTs are a cool use case for a blockchain. Once games step up to the plate and start implementing NFTs as characters and establishing standards for the industry, many people will change their tune. I think it will continue to mint millionaires and I’m glad to see that artists are finally getting paid. They deserve it.

Disclaimer: I own nearly 100 NFTs.
Damn that is a huge collection, will we be able to see your collection and what are the things you collected till now, just curious to know. The game setup will attract new users to the cryptocurrency market, even the current NFT craze we are seeing new users who even used cryptocurrency is entering the market to collect these art and it is a good exposure for the entire market and if the transaction fees goes down, then it would be great.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
September 04, 2021, 05:16:42 PM
Personally, I think NFTs are a cool use case for a blockchain. Once games step up to the plate and start implementing NFTs as characters and establishing standards for the industry, many people will change their tune. I think it will continue to mint millionaires and I’m glad to see that artists are finally getting paid. They deserve it.

Disclaimer: I own nearly 100 NFTs.
jr. member
Activity: 1078
Merit: 2
I WANTED EVERYONE TO BE HAPPY IN LIFE
September 04, 2021, 03:47:23 PM
Trend Benefits Everyone Big influencer is doing buying and selling  of NFT's these make the value of NFT's huge , At most people is buying anything when they find that particular thing had some Value and Usecases , Also with NFTs they are used in the gaming platform which is the biggest reason people are buying the NFT because they wanted to play the game most platform only allow you to play their game when you had atleast one nft . That's some reason i find people are buying NFT's
member
Activity: 658
Merit: 10
Rangers Protocol
September 04, 2021, 11:37:27 AM
Once the person buy one piece of NFT, he/she has something big expectation that may fullfil in due time. If they bought expensive one, for sure they know something we didn't know or maybe they are so much fan to that NFT artworks. I also have pets in dpet but I don't want to buy NFT just for collection. Maybe because I am not a collector or a fan.
hero member
Activity: 2128
Merit: 520
September 04, 2021, 11:32:05 AM
Of course, when people see the hype, they buy something and want to invest. But lately some pretty ridiculous things are being sold under the name NFT and I think it's a little scary. When there is too much interest in something it means it is coming to an end, we are probably slowly approaching the end. I think investors should start paying a little more attention and buy useful things Smiley

Fear of losing their opportunities as even they really did not perform any investigations and research, they will proceed and invest

With the hot projects, believing that the hypes will continue and eventually they will gain decent compensation.

An ordinary human nature who are lazy not deal with DYOR and cry out loud when they missed the ride and lose their money.
full member
Activity: 1036
Merit: 100
September 04, 2021, 11:10:10 AM
I think there are many new members who are familiar with digital currency and make NFt their favorite coin, I am one of the NFT lovers, I see nft has a very promising future prospect, this is because digital art is converted into crypto, and its uses are clear seen. for that reason I made Nft my favorite Token 2021
jr. member
Activity: 125
Merit: 5
September 04, 2021, 07:59:54 AM
For games, it's because they can play to earn instead of pay to win type of games.

For arts, it's more like a collection, because Art can make you feel something. Most of them felt so many things while looking at art—longing, lust, empathy, anger, disgust, desire, connection. Thus, desiring to make it their own would be their #1 goal. + considering it as an investment.

NFT community is really getting bigger, some projects are creating like social media dedicated for NFT that might be the next Instagram or Twitter.
legendary
Activity: 2772
Merit: 1557
September 04, 2021, 06:42:34 AM
Of course, when people see the hype, they buy something and want to invest. But lately some pretty ridiculous things are being sold under the name NFT and I think it's a little scary. When there is too much interest in something it means it is coming to an end, we are probably slowly approaching the end. I think investors should start paying a little more attention and buy useful things Smiley
copper member
Activity: 770
Merit: 1
September 04, 2021, 05:43:32 AM
Every projects which comes that has done well in past and with new technology then people definitely going to show interest in that. Some nft, s has done superb performance in their timeline this might be another reason. In crypto whenever a new thinking will come then investots will always going to fill bag for real benefits in future just like NFT
full member
Activity: 504
Merit: 101
September 04, 2021, 05:35:38 AM
I just wonder why people buying NFT artworks like cryptopunks. I am not against NFT and I love it. I actually own some NFT games accounts like CB, Axie, Dpets because I am earning from it.. But for NFT artworks can you tell me what is the benefits. And why some of the people buying it?
Well I think that aside from the hype and earning in some NFT games people who buy NFT artworks are just like crypto hodlers they tend to hold this artworks and wait for the right timing to sell it to get a good amount of profit.
member
Activity: 291
Merit: 13
September 04, 2021, 04:31:10 AM
People buy because of the hype, I think it because it gives people entertainment while gaining profit, not all people bored easily in the traditional
trading, NFT provides entertainment is all, well it's not bad as long as you gain from it.
full member
Activity: 616
Merit: 100
September 04, 2021, 02:16:23 AM
One of the reasons why they buy NFT is a believe in easy money. People are obsesses with stories when people sold NFT for thousands of dollars, after buying them for couple of dollars. They believe they can repeat that story of success. But the problem with NFT is that it is easy to buy it, but it is hard to find a buyer.
basically the NFT hype has succeeded in attracting people's attention. with the concept of NFT which produces something new, it seems that NFT is being talked about at this time. for the problem of selling it is not difficult, many people provide NFT buying and selling services and we can find that in forums or social media groups.
full member
Activity: 644
Merit: 105
September 03, 2021, 06:05:16 PM
I just wonder why people buying NFT artworks like cryptopunks. I am not against NFT and I love it. I actually own some NFT games accounts like CB, Axie, Dpets because I am earning from it.. But for NFT artworks can you tell me what is the benefits. And why some of the people buying it?

Its just like another fancy thing, its for prestige and hobby. Also if you lucky enough, you could sell the artwork for the higher price to earn profit from it.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
September 03, 2021, 05:25:31 PM
Yeah, those people that are too hyped with NFTs. They have to deal with it carefully, there really are legitimate NFTs, the work of arts but it's also becoming the target of scammers.
Since there are a lot of people being interested on it, it cannot escape the attention from the scammers that might also make their NFTs.
That's right, there are people who have expensive NFTs and then there are bad people who make and imitate their NFTs. What do you think will happen , can the owner of the first NFT guide him ? 
NFT is a work of art, and only people who have a high love of art are willing to buy NFT at a high price.
Why would a legit NFT maker will guide a thief and someone who copies their ideas? I don't think any means that happens to someone he'll do that out of generosity.
What makes you think that he's going to do that?
member
Activity: 350
Merit: 10
September 03, 2021, 05:18:17 PM
Yeah, those people that are too hyped with NFTs. They have to deal with it carefully, there really are legitimate NFTs, the work of arts but it's also becoming the target of scammers.
Since there are a lot of people being interested on it, it cannot escape the attention from the scammers that might also make their NFTs.
That's right, there are people who have expensive NFTs and then there are bad people who make and imitate their NFTs. What do you think will happen , can the owner of the first NFT guide him ? 
NFT is a work of art, and only people who have a high love of art are willing to buy NFT at a high price.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
September 03, 2021, 04:55:29 PM
Hey Visa bought a punk so basically I think it act as a souvenir of some kind to some people plus the fact that only you gets to have that nft and nobody else makes it worthy for rich people I think...just be very careful dealing with nfts
Yeah, those people that are too hyped with NFTs. They have to deal with it carefully, there really are legitimate NFTs, the work of arts but it's also becoming the target of scammers.
Since there are a lot of people being interested on it, it cannot escape the attention from the scammers that might also make their NFTs.
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