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Topic: Your opinion, NFT last long or not ? (Read 2427 times)

brand new
Activity: 0
Merit: 0
June 27, 2022, 04:46:36 PM
Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

https://www.bbc.com/news/technology-56371912.amp

Yep, I think some NFT projects will be successful and profitable. But most of the projects are garbage. I am following one p2e game, it is called "reptile chronicles". They have such good content for their members. And they are making an insane game.
hero member
Activity: 616
Merit: 749
November 10, 2022, 04:52:19 AM
NFTs are mostly scams projects presently because there's high number of fake moderators on the discord app. Before investing in NFT, we must have a clear view of what the NFT projects is all about, the road map of it and basically take our time to fish out their targets

Or don't invest in any of them because NFT rely on the bullishness of the market to succeed which means in a bear market like this that there isn't enough money to throw around, people would be more calculative on how or  where they invest their money at such, all this secondary market like NFT, collections, lands etc won't have much support and their trading volume will be dropping faster than the actual cryptocurency market.
In bear market like this, our focus should be accumulating BlueChip projects like them Bitcoin, Ethereum, BNB etc. That should be our focus because this project are likely to survive all the red market but the NFT, lands etc can just vanish as they lose trading volume
newbie
Activity: 42
Merit: 0
November 10, 2022, 03:27:34 AM
I think the popularity of NFTs will always be there. However, many projects will go unnoticed after a month or two of popularity, and may not die, but only need a chance.
full member
Activity: 840
Merit: 137
November 09, 2022, 12:58:41 AM
No, they don't last long, just promising fake utilities.
Some people had already changed their views toward the NFT project after the big shot last year. It was likely an unforgettable moment that even happen to them and I was not sure if there is like that to happen again. I say this because it was to know that NFTs are another set of worthless projects. Might some have a good market value, I won't say 90 or 95%, as it is possibly close to 100% worthless projects.
Not really a good choice when investing in crypto...

NFTs are mostly scams projects presently because there's high number of fake moderators on the discord app. Before investing in NFT, we must have a clear view of what the NFT projects is all about, the road map of it and basically take our time to fish out their targets. Because most projects, the moment they're satisfied with their selfish interest, they close down the project and not minding the results bthe investors get. Although there's still good projects one can invest and have good returns but they're scarce and only takes lengthy time before those legit ones are found.
newbie
Activity: 28
Merit: 0
November 08, 2022, 02:59:31 AM
No, they don't last long, just promising fake utilities.
Some people had already changed their views toward the NFT project after the big shot last year. It was likely an unforgettable moment that even happen to them and I was not sure if there is like that to happen again. I say this because it was to know that NFTs are another set of worthless projects. Might some have a good market value, I won't say 90 or 95%, as it is possibly close to 100% worthless projects.
Not really a good choice when investing in crypto...
newbie
Activity: 56
Merit: 0
June 27, 2022, 07:47:57 PM
Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

https://www.bbc.com/news/technology-56371912.amp
after CR7 partnership with binance it will be for long, this hype is more than usual
sr. member
Activity: 1524
Merit: 270
June 26, 2022, 04:25:36 PM
Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

https://www.bbc.com/news/technology-56371912.amp

The high market capitalization of NFT indicates that many successful NFT projects are currently available. Not only Axie Infinity, there are many other projects that are of concern to investors. I think about 10% of NFT's assets are in Axie Infinity, while the rest is spread over other projects. NFT trading volume was $12,199,061,402, while Axie Infinity's volume was $1,386,681,258.
member
Activity: 181
Merit: 10
June 26, 2022, 03:57:57 PM
NFTs are definitely not something you should be considered as long term investments. It will not last long and the cycle life of NFT is very short. This applied to the majority of new NFTs in the market right now.
sr. member
Activity: 702
Merit: 251
June 26, 2022, 11:38:33 AM
Axie Infinity success, Will the others be successful too?
If they can create and maintain good projects like Axie Infinity then they can be successful too. But if they can't then they have to get the favor of the crowd to become successful.
They should solve problems and create new ways to monetize what people like doing such as gaming. Not all NFTs are going to be as successful as Axie and other successful NFTs.

I think NFT, Web 3.0 will create a good position in the market. Since NFT, Web 3.0 is a new idea, it will take time for these to gain popularity. For this, we have to work in a regular team through skilled manpower. Only then will success come quickly.
full member
Activity: 1386
Merit: 101
ComboLabs
June 26, 2022, 11:03:26 AM
It not only Being popular in crypto currency sector but also being popular in every sector. From players to all famous person creating and collecting their NFT. So i think it’s future bright.
Well I'm not sure about that. NFT to me doesn't seem like that good enough to stay and hold their ground for a long time. It will just fade away just the way it came into the market with that much hype.
I refuse your opinion about NFT will fade away, NFT is a technology and part of Blockchain, of course we are still new to this,
but we know Blockchain, because Blockchain is a new technology of course NFT will also have an impact in the future,
so why say NFT is a HYPE?, for me NFT is technology
member
Activity: 1232
Merit: 12
June 26, 2022, 10:04:56 AM
When the NFT boom in 2021 then hundreds or even thousands of NFT projects appeared, of course making the competition very tight, whether it can survive for the long term or not is certainly difficult to guess, but I'm sure as long as cryptocurrencies are present then NFT will survive.
sr. member
Activity: 1890
Merit: 256
Vave.com - Crypto Casino
June 26, 2022, 09:45:03 AM
Seeing the rudimentary concept of NFT I think NFT still has a long time to grow. We still see many loopholes of NFT where they lost a lot of NFT due to hacking. This is evident, the possibility in the future NFT can develop better in line with cryptocurrencies. The signs of NFT wanting to disappear from the trend are also not visible. Despite following the crypto trend, NFT continues to grow every time.
sr. member
Activity: 1008
Merit: 366
June 26, 2022, 06:13:08 AM
It not only Being popular in crypto currency sector but also being popular in every sector. From players to all famous person creating and collecting their NFT. So i think it’s future bright.
Well I'm not sure about that. NFT to me doesn't seem like that good enough to stay and hold their ground for a long time. It will just fade away just the way it came into the market with that much hype.
sr. member
Activity: 1008
Merit: 366
June 26, 2022, 06:10:11 AM
Everything depends on their approach on the projects. Create enough trust and make people get to know the project well with its use cases, then sure. Also, in the current market you need to stand out than the rest of the project which is already doing good. In order to compete in this, you need a unique concept to go with it. Otherwise, the best is already in the business.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
June 26, 2022, 05:52:06 AM
Axie Infinity has succeeded in starting the hype of the NFT game. But it's a shame that nothing can really rival Axie Infinity in its popularity in the NFT gaming world. I think the P2E concept can be imitated but the hype can only be cut off from the huge support of the community and the path of the project itself. If they just run without being enthusiastic about developing their game, they can't compete in the NFT world of P2E gaming.
jr. member
Activity: 40
Merit: 7
June 26, 2022, 05:43:55 AM
Non-fungible tokens, (NFT) are the most buzzed terms of the year 2021 popularly known as NFTs.
The NFT's term left behind popular cryptocurrencies such as Elon Mask coin, and Ethereum to create hype in technology with a large use cases.
In my opinion, NFT can last as long for the following reason.

◉ Metaverse
NFTs play an important role in the concept of a metaverse ecosystem, it's allowed people to buy virtual 3D iteam/deeds in real estate form
like a piece of Art in digital form.

◉ Web3.0
Web3.0 is the next evolution of the world known as the 3rd generation internet.
Web3.0 is a bit similar to metaverse in which browsers could securely essentially run web applications with 3D graphics

◉ Cristiano Ronaldo collaborated with "CZ" Binance for the NFT marketplace
Cristiano Ronaldo are collaborating with Binance to release NFT's series for exclusive sale on Binance NFT's MarketPlace.
 It is good for NFT's market because CR7 is known as the most popular Football Soccer player and has millions of followers following him. This thought of "CZ" is good for NFT to be aware of world people. Football Soccer has the most fans around the world counting is 3.5billions fans
so they will be also interested to buy CR7 NFT's collection I am sure it's will create much more hype in NFT's MarketPlace.
newbie
Activity: 41
Merit: 0
June 26, 2022, 03:08:30 AM
Yes i think NFT will last long. Non-fungible token (NFTs) popularity increasing day by day. NFT being popular For unique character of block chain. It not only Being popular in crypto currency sector but also being popular in every sector. From players to all famous person creating and collecting their NFT. So i think it’s future bright.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
June 26, 2022, 01:16:19 AM
Currently the NFTs can last as long as the developers want to see it, for me now there is a new hope about the NFTs since the metaverses are coming and this is one of the things that many are waiting to invest, there are many people and companies very large companies that have bought land in the metaverse and this has revived everything related to NFTs, it may be the last thing they can do to regain investor confidence, which I see as quite difficult but it is very possible. In the same way, pay attention to everything that has to do with new projects to see if they are associated with it, as far as I am concerned, I am somewhat distrustful.
hero member
Activity: 1792
Merit: 507
June 17, 2022, 07:58:31 AM
I have always maintained that NFTs are fads that would fade away. Having said that, I think they have a role to play in the digital arts genre, just like physical arts like Picassos etc have value, why shouldn't NFTs have any? It's a matter of choice
Many artists are promoting NFTs differently. There is so much good about NFT that I don't see NFTs fading real soon.
The NFT have bring future - I still am learning how to sell my art on twitter for this I join so many spaces.
jr. member
Activity: 840
Merit: 4
June 15, 2022, 10:47:50 AM
I have always maintained that NFTs are fads that would fade away. Having said that, I think they have a role to play in the digital arts genre, just like physical arts like Picassos etc have value, why shouldn't NFTs have any? It's a matter of choice
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