Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: figthing on October 21, 2021, 01:14:05 PM



Title: Which is more suitable for investors, Eefi or NTF?
Post by: figthing on October 21, 2021, 01:14:05 PM
Due to the non-interchangeable characteristics, the circulation of NFT tokens is extremely poor, but with the development of the Defi concept, another new gameplay possibility of NFT tokens has been born: "Defi+NFT". The core value of the combination of DeFi and NFT is whether to use NFT to generate more assets, especially in the use of DeFi, whether it is games, mortgages, loans, and pawns, it is very suitable for NFT assets. DeFi + NFT = decentralized finance + non-homogeneous currency, is to transplant the method of liquid mining to the NFT field, is it the best partner?


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: Ucy on October 21, 2021, 03:02:03 PM
Guess what you mean up there is DeFi instead of Eefi.  I think non-fungible doesn't necessarily mean non-interchangeable. It should be possible to use them interchangeably on some specifical NFT ecosystem because it's probably a special asset class that may not be well suited for the current defi systems. You could still have unique space for NFTs on DEFI


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: masterrex on October 21, 2021, 03:27:35 PM
IMHO, based on your OP title you are asking which is more suitable for investors, Is it Defi or NFT? my answer is both, You know why because Defi and NFT have shown profitability results that's why it's a good form of investment and it is suitable for investors. let's get real, we are here in the crypto industry to earn money from our investment. Anyway regarding your suggestion about the hybrid concept of Defi+NFT I think it's possible because crypto people are very creative and full of innovation thats why let us wait for that concept to become reality soon.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: figthing on October 22, 2021, 09:34:15 AM
IMHO, based on your OP title you are asking which is more suitable for investors, Is it Defi or NFT? my answer is both, You know why because Defi and NFT have shown profitability results that's why it's a good form of investment and it is suitable for investors. let's get real, we are here in the crypto industry to earn money from our investment. Anyway regarding your suggestion about the hybrid concept of Defi+NFT I think it's possible because crypto people are very creative and full of innovation thats why let us wait for that concept to become reality soon.
My title only means that I have just come here and nothing more, but it does not mean that I have just entered the currency circle


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: avikz on October 22, 2021, 10:12:56 AM
Due to the non-interchangeable characteristics, the circulation of NFT tokens is extremely poor, but with the development of the Defi concept, another new gameplay possibility of NFT tokens has been born: "Defi+NFT". The core value of the combination of DeFi and NFT is whether to use NFT to generate more assets, especially in the use of DeFi, whether it is games, mortgages, loans, and pawns, it is very suitable for NFT assets. DeFi + NFT = decentralized finance + non-homogeneous currency, is to transplant the method of liquid mining to the NFT field, is it the best partner?

Can you explain a use case? NFT is specifically created in a way where the circulation remains limited and on demand. But I am seriously wondering what kind of partnership defi and NFT can do and what benefit it can bring to the metaverse! Defi looks after the real world financial tools and replicate them in crypto space while NFT provides you with a fake sense of ownership to some asset that doesn't exist. How come they can act together!!


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: bhadz on October 22, 2021, 10:49:03 AM
I'm not yet sure about combining NFT and DeFi. But I'm sure that because many people are into NFT because they're earning on it and using it to leverage their money to source out and generate income. The same with DeFi but I think in chosen NFT games, they're more viable and easy to adopt than DeFis.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: Refrumatrix on October 22, 2021, 02:02:36 PM
NFT is what I called a real definition of use case, something that can actually brings more adoption for the project, it works since we are all game lovers but making money out of them even makes more sense than ever now who wouldn't want to play game since you can make money off them? Haha real use case indeed so please don't compare with DeFI


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: budi691 on October 22, 2021, 03:07:43 PM
The current popularity of NFT games cannot be denied, this can be an attraction for investors, as well as Defi, but the popularity of NFT Games can be more profitable for investors, so it is not surprising why there are currently so many NFT Game projects. and they are very attractive.
and this will be good and profitable for investment.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: shinratensei_ on October 23, 2021, 01:07:24 AM
DeFi + NFT = decentralized finance + non-homogeneous currency, is to transplant the method of liquid mining to the NFT field, is it the best partner?
is not it there are lots of NFT that have been working with defi? If you meant about a loan feature will be combined by NFT to make a new gameplay and is not it going out from the main purpose of NFT itself? i meant it's not all of NFT assets were having value. NFT must have value to be integrated with defi. Some defi platforms have been introducing their own NFT but i think that it's not it better if any platform their own specialization in any field that they are working on it right now? It's not the best partner. Basically, NFT can be integrated into the defi if NFT and DEFI developers can work together to create a partnership.
Some NFT platforms have been starting to do this. We will see the result soon. NFT token needs to have utility before it can be valued just like to be in game currency or something else but this can be got further development.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: susuberuang on October 23, 2021, 06:19:10 AM
My title only means that I have just come here and nothing more, but it does not mean that I have just entered the currency circle
You only need to learn everything that you don't know at this point, because anyone can be here without making a mistake, because it is the right of everyone who wants to learn and make money through their respective skills.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: RussianEnglishTranslation on October 23, 2021, 07:19:27 AM
Due to the non-interchangeable characteristics, the circulation of NFT tokens is extremely poor, but with the development of the Defi concept, another new gameplay possibility of NFT tokens has been born: "Defi+NFT". The core value of the combination of DeFi and NFT is whether to use NFT to generate more assets, especially in the use of DeFi, whether it is games, mortgages, loans, and pawns, it is very suitable for NFT assets. DeFi + NFT = decentralized finance + non-homogeneous currency, is to transplant the method of liquid mining to the NFT field, is it the best partner?
There is no guarantee that if you buy or create an NFT that anyone will buy it. If you farm on a platform like Ref Finance or Pancakeswap you can earn farming rewards 24/7. You could make more money with NFTs but there is no guaranteed income.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: tarable on October 23, 2021, 08:11:04 AM
There is no guarantee that if you buy or create an NFT that anyone will buy it. If you farm on a platform like Ref Finance or Pancakeswap you can earn farming rewards 24/7. You could make more money with NFTs but there is no guaranteed income.
That's very true, because every new product or new token from NFT will not immediately get a good response from everyone or the same people who already like NFT, so the number of enthusiasts and buyers will be different, and the solution you offer I think is still very much better than having to create a new token in NFT.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: cryptoaddictchie on October 23, 2021, 08:17:57 AM
Actually many have been doing this now especially those high profile games nft. I remember how yield guild games making their investors received an airdrop. Its also a part of their rewarding bonuses. I didn't have any of it but I just saw an announcement of nft airdrop consist of their utility tokens unlocked with certain timeframe.

DeFi project such as time and spell also making waves as they show tremendous hype with their collateral and lending application. What more if they used nft right?


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: dhemasm on October 23, 2021, 08:35:02 AM
Due to the non-interchangeable characteristics, the circulation of NFT tokens is extremely poor, but with the development of the Defi concept, another new gameplay possibility of NFT tokens has been born: "Defi+NFT". The core value of the combination of DeFi and NFT is whether to use NFT to generate more assets, especially in the use of DeFi, whether it is games, mortgages, loans, and pawns, it is very suitable for NFT assets. DeFi + NFT = decentralized finance + non-homogeneous currency, is to transplant the method of liquid mining to the NFT field, is it the best partner?
For now i think it's the best pair we have, DeFi + NFT bringing as un new Non-interchangeable and Decentralized Finance concept and it's still on early phase as where it was more focused to gaming now but on the future i suppose there will be another innovative concept especially like Represanting some cerfitificate or something like that.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: Azar138 on October 23, 2021, 04:20:12 PM
Due to the non-interchangeable characteristics, the circulation of NFT tokens is extremely poor, but with the development of the Defi concept, another new gameplay possibility of NFT tokens has been born: "Defi+NFT". The core value of the combination of DeFi and NFT is whether to use NFT to generate more assets, especially in the use of DeFi, whether it is games, mortgages, loans, and pawns, it is very suitable for NFT assets. DeFi + NFT = decentralized finance + non-homogeneous currency, is to transplant the method of liquid mining to the NFT field, is it the best partner?
I see that NFT is a real hype now, so investors are willingly to invest in projects connected with them. Personally I consider this mixture of defi and nfts very interesting and promising as they give more opportunities for investors to earn  and there is more motivation to buy NFTs if you can participate in liquid mining then. Now I am actively investing in different NFT multifunctional projects.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: SolanaActive28546 on November 12, 2021, 07:46:51 AM
I'm not however beyond any doubt around combining NFT and DeFi. But I'm beyond any doubt that since numerous individuals are into NFT since they're winning on it and utilizing it to use their cash to source out and create salary. The same with DeFi but I think in chosen NFT diversions, they're more practical and simple to embrace than DeFis.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: TheUltraElite on November 12, 2021, 09:20:58 AM
-snip-
DeFi and NFT are still in baby steps and with major inorganic price pumping based on hype, they are risky assets to get into. DeFi seems like a solution to many problems but be careful what you are treading into. When ICOs first came, everyone was crazy to launch their own project in the form of ICOs and people started to think that it was the next bubble, it was but very short indeed, last only a couple of years.

NFT art projects may have some value but again it is very easy to push up the price of things due to speculation and the resell value is the only thing that becomes important then. For investors, short term if good for them, then these hype based projects are ideal.

For the more diligent and less risk taking investors, good old bitcoin is still there.


Title: Re: Which is more suitable for investors, Eefi or NTF?
Post by: RussianEnglishTranslation on November 12, 2021, 09:49:07 AM
Due to the non-interchangeable characteristics, the circulation of NFT tokens is extremely poor, but with the development of the Defi concept, another new gameplay possibility of NFT tokens has been born: "Defi+NFT". The core value of the combination of DeFi and NFT is whether to use NFT to generate more assets, especially in the use of DeFi, whether it is games, mortgages, loans, and pawns, it is very suitable for NFT assets. DeFi + NFT = decentralized finance + non-homogeneous currency, is to transplant the method of liquid mining to the NFT field, is it the best partner?
Eventually we will see tokenized NFTs that can be used for trading on AMMs like Ref Finance or used for loan collateral on platforms like AAVE. In the future your home will be an NFT and you can trade it or put it up for a loan to buy another house or a car.