Your opinion, NFT last long or not ? - page 15.

Findingnemo

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Bitcoin = Financial freedom

Quote from: Coin BTC on October 11, 2021, 01:12:00 AM

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 hype isn't over yet but I don't see great future for NFT in long term because most of the projects comes with new ideas vent in vain in no time that is why if you are looking for long term assets then wait for the deeper analysis so you can eliminate the risk of losing your capital.

Gayong88

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The idea is that if you believe in crypto fundamentals, focus on the long run, and I've found that crypto pricing in online games tends to follow AXS. So, in my opinion, the first indicator of a sector starting to flourish is the appearance of tiny coins in the sector. For the time being, simply concentrate on playing crypto momentum.

sheenshane

legendary

Activity: 2492

Merit: 1232

IMO, the same on IEO, CEO, and then Defi projects, and now, NFT was a very trend. It might soon it will disappear but not now.
I have doubt on this that NFT will long last until the game were there and people can still able to earn while playing. But if their developer didn't have any progress there's a possibility it will collapse, it's quite hard to predict what's in the future, let's wait for what will happen next and if you believe they're worth it to invest, just go on.

The combination of Defi and NFT are perfectly good for investment and I think they're good to keep and without knowing when it will be long las.

ivankoh

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Sugars.zone | DatingFi - Earn for Posting

Quote from: Coin BTC on October 11, 2021, 01:12:00 AM

Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

To be fair, NFT has abstraction and exaggeration but also many meanings and possible solutions to solve the outer corners such as mediating issues of art, property rights,... I think in the creative space of NFT will be widely applied in the future to most fields. Axie has created a real revolution for NFT games, many of the next prominent projects such as YGG, PYR, Alice, SAND,... are all showing uniform growth in user base. I think in this space NFT can still claim its position in the future and I hope a difference from Meme coin

adiebitsler

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Quote from: Coin BTC on October 11, 2021, 01:12:00 AM

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

If there is evidence from the NFT where there is a very successful coin, then others will also follow the trail even if not at the same time or at the same time, but I am still not sure that all coins on the NFT platform can be immediately exchanged inside exchange.

layoutph

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The market for NFT arts may collapse soon, but for NFT games i see it to become more profitable in the next few years. Many existing games might add play2earn features in their games. If this happened, crypto will become more famous.

Quote from: Coin BTC on October 11, 2021, 01:12:00 AM

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

Cixboy61

full member

Activity: 238

Merit: 105

It depends on the artist and the rare of the it. I think some of them really don't worth that prices but some of special ones would will be earn much more money in future.

_IRMAN

copper member

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Quote from: Coin BTC on October 11, 2021, 01:12:00 AM

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

Projects like Axie would be successful if the hype persisted, but this hype won't last forever. But NFT will be around forever, because NFT is a revolution from traditional collectibles.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

For me, NFT will stay too. It's just the same as how Decentralized Finance (DeFi) started, a lot of people ignored them at the beginning but look at now, especially the DeFi, look how it evolves over the time and I believe it is also one of the reason why market cap of cryptocurrency is increasing, DeFi on cryptocurrency is big slap on Traditional Finance (TradFi). I can say, both are early, NFT and DeFi.

Vatimins

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Blue0x.com

Just like any other coin or project out there, what it all boils down to is the quality of the people behind the NFT/GAME (it's developing team). The reason why I say so is because in all the years that I have been staying in this industry, I have witnessed great projects with great concepts fail because of bad/inexperienced developers, whereas with great/experienced developers even the projects less valuable concepts/usecases are taken into great heights.

But basing on the trend and demand though, NFT alone will surely stay for good since not only games are using NFTs. I believe that NFTs will be playing a vital role in hastening the mass adoption of crypto currency in our world today and in the future. And the competition will only get harder from here on out specially on gaming since axie has already set such standards. But then again, as what I have said, developing teams will be the ones making the difference, even axie can be overtaken.

bonjouros

jr. member

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This is my personal opinion, if they managed to make the game more interesting or up to date it will last long however that's not the only threat we should consider the number of players as well as new improved NFT and other future projects that's why we should not rely on NFT or make it a long term investment but right now I think it's worth it to invest on some of the NFT games since they're seems to be popular until now.

Roman_Picisan

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Quote from: Coin BTC on October 11, 2021, 01:12:00 AM

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

not only axie infinity, sand has also experienced success even though the value has not reached axie, many of the NFTs will last a long time, now there are many more games that produce NFT coins that have sprung up this will make them skyrocket to the top, the platform has given up NFT and even other works of art there also has more value than axie.

Luffygroove

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Ton Together | Save Smart & Win Big

Axie Infinity is an example that NFTs could be blowing up. Now, the question is, can some projects who basically have the same approach like Axie Infinity get the same success too?. The answer is yes, they can. The crypto sphere is so wide, there is a tendency for some projects to copycat the previous successful one and want to have the same success. Yet, people still buy. However, if another project who probably similar to Axie Infinity but has its own recipe and more value, then it would be booming. Any similar project yet has its own uniqueness will be more prominent. Look at Dogecoin and Shiba Inu.

Synerggy

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Futiracoin.com

Axie infinity isn't the only NFT project that became successful, there are many gaming NFT projects that are growing every hour every day now e.g Cryptokitties, Vulcan forged and others still I don't see any reason why these projects won't be here for a longer time

aprilnot

full member

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The popularity of NFT will probably last a long time, because this technology is very profitable. many people who are not acquainted with crypto are starting to find out about NFT. and this made the hype stronger day by day. some of my friends even bought NFT even though they didn't really understand crypto, when I explained about NFT to them, they were surprised because crypto is very broad. this proves that even ordinary people are interested in this technology, so that's why I'm sure the NFT hype will last a long time.

joniboini

legendary

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I think it also depends on how you define "last long". If one or two project survive but the rest got wrecked by regulation, hacks, etc, do you consider it as lasting long enough or you think it failed? IMO it will be like ICO/IEO and the others. To be honest, it's not really new. Just recently got the hype, like how IEO did. In the end IEO still exist but people are not that crazy anymore. I expect the same thing will happen to NFT, and I doubt it will be the last thing to happen in this space.

WalkerIVIV

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Cryptocasino.com

Quote from: Coin BTC on October 11, 2021, 01:12:00 AM

Will the others be successful too?

Why not? Did you see the smartcontract market? Ethereum has become the first successful smartcontract platform in the market and then did you see the new platforms that's getting the same thing like ethereum? if you did and then the new project of NFT may become the next AXS as well. AXS was the first successful play to earn gaming but there will be more and more gaming platform will be competing with AXS in the future. Other project will also be successful but this will depend on how good the play to earn mechanism that created by the developers. I have heard some interesting new play to earn game like vulcan verse, wild wilder and many more.

blockman

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Vave.com - Crypto Casino

Quote from: Coin BTC on October 11, 2021, 01:12:00 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.

Coin BTC

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Trident Protocol | Simple «buy-hold-earn» system!

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Topic: Your opinion, NFT last long or not ? - page 15. (Read 2480 times)