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Hey, I dunno anything about it, earlier I've holded some tokens and received satoshi for holding. For example it was GMT project, now they released NFT Greedy Machines, could you share your thoughts about it?
Information looks kinda good, you can receive satoshi just for holding, or you can play NFT game and receive more

Is somebody holding it?

Question is, do you know where the satoshi you keep receiving comes from?

If the business model is not clear and unsustainable, then there is a very high chance you are wasting time holding the NFT in the long run. You may not get back what you may have put in.

Another reason I hate about NFTs is that selling them is not easy. You have to get someone interested in buying it at the given price in order o be able to sell it.

I believe the only way this business format can work in a sustainable way is if they are running a cloud mining system. What means rewards investors receive by holding the NFTs will decrease within time until reaching to zero, as it has been already seen before with several platforms of this kind.

On the other hand, if rewards don't decrease within time, like in every BTC mining businesses, there are serious chances it can be a ponzi scheme.

First of all.

Do you know more about these one? to be honest a benefit like this (Receive some stake, coin and other) by holding some asset/item is already common. One things you should know.
1. How much ROI% back time ?
2. The risk you're gonna to take from holding the item?

You can easily get some stake from the item, but how about the lost you can get from the item from movement price? most of the time the ROI always need more than 1 years and before you get ROI. The asset already go to 0.

To understand whether you need to sell or keep a token or an NFT, you need to evaluate the future prospects of the project. Who supports him? How do exchanges and heads of the crypto community relate to it? In my opinion, the project of GMT looks good. The site has localization into different languages, and this is not bad. I rarely see this in such projects.

BTC mining.  :o
This is actually not different from cloud mining which failed for a very long time. They are not even supported anymore by the mass since their reputation had been stained. There might be some good ones, but they are too rare to find.
The Greedy machines have the same service as I checked it. They may have combined it with NFT but it will always be the same ending. I wish you can try to imagine things because NFT's are mostly lively because of pyramid schemes.
One buys the product and it will be distributed to the other but it should be continuous or it won't work at all. Keep in mind that there's no such thing as free satoshis unless we go back 1 and a half decades ago when faucets are done.

NFTs are suffering from an oversupply problem. The barrier of entry to release an NFT project is way too low, resulting in scams and abandoned projects. This is why functionality is important. When thinking about buying an NFT (or any crypto in general) ask yourself why you need it. What added functionality does it bring to your life? If the answer is none, it’s probably a worthless NFT or shitcoin. Don’t buy things you can’t or don’t need to use for anything. This will save you from losing lots of money.

Lol it has no different with cloud mining. You buy power and you get some satoshis but GMT was changing it into the NFT. You buy NFT and you get satoshis. What a scam.
Why don't you buy mining rig instead of wasting your money buying garbage NFT that can be useless anytime.

I know it but i never interested to buy it. It looks scammy for me. GMT acts like a new cloud mining provider in NFT form.

buying NFT is like buying a lottery ticket. your chance of making money is about the same.
unless you are the insider or original seller or the artist--those are the only people making a killing from it. most everyone else end up as bagholders.

what is even the value of any NFT when anyone can download the exact same copy of it for free on the internet?
an assets value comes from its scarcity but with NFTs there is no scarcity when anyone can just make a hundred billion copies of it any time they want. its a joke.

but if you are dumb enough to fall for this scam then the joke is on you.

Now it's NFT but in the past there are a lot of projects that is hype, and for me one formula is that you get in early, you might enjoy and get some profits in the future. Just like the hype in P2E before, lots of money to make in bull run until it gets saturated.

So it's just the question on when is the NFT market get saturated and if there is a new hype coming in to displace it.

I'm not totally sold with this NFT craze to be honest.

I don't see too much significance with NFTs so I'm not really interested. But if it gives me the opportunity to earn, I would get into it. Why not, right? I tried NFT-related games in the past. And it's not because they're fun to play but because you could get NFT items you could sell. I didn't last long though.

If you have received NFTs, research more about it. Does it have potential? Is there demand? Can you sell it? But never spend too much on NFTs. They're everywhere and they could be done by everybody. And they're not really special.

Do not get deceived, scammers do not know what else to do to try to get investors back to the NFT market, after all it was perfect for them as they could release whatever they wanted and get a fortune for no effort employed by themselves, also you need to think more critically, according to your post just by holding some NFTs you can receive some satoshis, but where is that money coming from? If it comes from the money of new investors as I suspect then such a model is bound to crash and leave you holding useless NFTs.

First of all how far do you know about NFT?

If you don't know much. Just don't buy, keep for long time. Because NFT price are not predictable. I got few NFT thats worth 1-10 BNB from giveaways and airdrops. I just sold them all in next minute when I got them.

Only NFT that I hold is Hooked party pass nft. Because holding that NFT give me 20 Hook per every month.  ;D

So my advice is don't buy NFTs that thinking this will go up future. Because trust me it won't happen unless you are lucky.

BTC mining companies issue tokens so that their holders can easily get involved in BTC mining and now also issue NFTs and the holders will get interest in the form of Satoshis https://beincrypto.com/gmt-token-launches-new-the-greedy-machines-nft-collection/
I just see that it is only a matter of time until this company has liquidity problems and ends in bankruptcy so many will experience loss due to this system.

holding tokens to acquire other tokens or tradable NFTs. Have you calculated the risks and profit opportunities you get?
holding tokens is very risky. even for the long term. although it will earn you some coins that you can sell. but is it chasing the capital you use?
I have to be honest, I would never be interested in a program like that. especially if you have to lock up assets on the platform, that's a bigger risk.

I have never heard of that project name before, but I suggest you not play in NFT just yet because NFT is currently in a downward trend. But after I did a quick search, I thought it was like a cloud mining project but with a new model different from the previous cloud mining program. I have no idea whether this is good or will be a scam, and you should be careful if you want to invest in the project. I suggest choosing other projects that have more potential to provide benefits in the future.

https://bitcointalk.org/index.php?topic=5436956 (https://bitcointalk.org/index.php?topic=5436956)
Here. It's also about Greedy machines so saves you the trouble of what people think about it since I reckon generally most would have the same opinion about it. For anyone else curious about what the NFT is about, iirc it was about cloud mining via NFT, nothing game-changing or big imo.

I don't hold and that feature isn't new so that you'll be attracted to buy more of their NFT because that's really the attraction that they've got for that NFT.
But you need to source out more information on how that project earns and manages to give that dividend type of profit for their holders. Because if there's no other way getting profit that's being distributed then it's mostly just coming from the new investors then start to think about it.

In this case i simply said that if we talk about nft so nft is very interesting thing in this time many people want interest in nft but according to my experience is that if a project are real and you buy are you claim nft through airdrop so definitely they will profitable in future in past many people got a huge profit through nft like APT etc .

This project?
https://www.stepn.com/
If you buy NFT tokens, then you should carefully study the white paper of the project and communicate with the participants in the discord. I've seen a lot of NFT tokens drop in price a lot. Therefore, I prefer to invest in stronger ecosystem projects. But if you want to have fun and spend a few hundred dollars to buy obscure NFTs, then most likely you will end up with worthless NFT tokens.

If you like NFT projects, then start by exploring the most popular ones.
https://www.cryptoslam.io/

Let's say you want something like, which can transfer to another person, then you can use normal nonfungible tokens. Otherwise, you can use the soul-bound tokens.  That will be the real utility of the NFTs.  The real use case is soul-bound tokens. Which can not transfer to another person.

When it comes to the implementation, you have to get the below details from the client.

Required details from the client:

1. Title
2. Description
3. blockchain name
4. Percentages of rarity
5. Number of layers
6. How many numbers of NFTs

In addition to that, you need to learn about minting and gas.  In Crypto, every transaction is stored in the public ledger. So the minting means you are creating a NFT for the first time. It is about how it becomes a part of the blockchain.

Minting Process :

1. Create a new block
2. validate the data
3. That data will record in the blockchain


Also, NFT has a number of real use cases including gaming, finance, art, music, real-world asset, and collectibles

You have made good mention and highlighted very good steps for a new nft project owner. In addition, i will add my thoughts. NFTs are very good investment option if you have the time to participate in swing trades, my focuses are usually around Solana, Ethereum and polygon network. To swing effectively, you must buy early (especially at launch) and be positioned to sell back to the market when its on a high trend.