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Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.




This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?

Excellent survey and a great discussion to ponder. However, we know that Bitcoin is the direct influencer of the entire market because when it's high Ethereum, Binance, Solana, Avalanche, Polygon and Fantom, that is, the main ones in the NFT segment, it increases according to the Bitcoin Hype. In my opinion, the NFT market is embryonic and has not yet shown its potential and variations.

It's too early to define the failure of this segment.

NFTs hype are distracted by the market condition, but many are still coming that are willing to buy NFTs, its not that hyped anymore but there still a demand. If the NFTs project fails to attract new investors, then this might be the start of being over with NFTs. If you have some, better to continue monitoring so you can sell in time.

Maybe temporarily over and this could be depending on the market condition that's being affected by the war.

But if it's already over, I guess everyone is turning their eyes now on the web 3. That's the next trend that we're seeing already and before it gets on hype, probably most of them are now going there and turning themselves in before everybody gets in.

Or maybe it just coincide that the market is experiencing or at least entering the bullish phase this year?

And with that, everything a long the way will be wipe out, including the latest craze of NFT. We've seen this in 2018 wherein the majority of the hype project has died down, including ICO's, Ethereum slumping to 2 digits etc. Or it could be that investors is tired, NFT market is saturated already and they are waiting for the next hype in cryptoverse.

I don't think the hype is over. But I think it would continue but this time, at a slower and steady rate than before. And as mainstream adoption continues, it would pump

We’ve seen many insane NFTs that sold for millions and that hype is still here, it may not be that active because of the market condition but for sure when we enter into another bull trend, they will follow it and do the same thing again. This is not over yet, NFTs will stay and most probably will also enter into a pump and dump trend but it will not die anymore, we are into digital already and that’s a good start.

The use case of NFTs are varies from art work to gaming, etc. I think most people in the crypto space are getting familiar with the term 'NFT' as well as understanding the areas it can be used. The hype as per the term 'NFT' is going down, but on the other hand the use case is gaining momentum especially in the gaming industry. I will say NFT is consolidating as people begin the explore its possibilities. I will consider the hype as one of the stages to usher in NFT innovation. IMO, NFT industry have a lot of potentials in art and the gaming industry.

NFT arts is still in its hype phase when you see some ordinary looking images sell for millions of dollars. Have you read about the women with long necks drawn by a 13-year old? She became a multi-millionaire because of that.

That viral video of Aftican men dancing while carrying a coffin on their shoulders was also sold for a million dollar.

when it ends, I say it's still not but it's just subsided. because almost all the new projects that are currently in it are based on NFT. even the artists in my country are now starting to dive into the world of NFT. and the general public who are even more familiar with the word NFT than the token itself to buy NFT. but maybe it's just my opinion when you look at the conditions in my country. but I don't know in other countries.
but when viewed from a google search word it has subsided but there are still many but not as much as at the peak of the hype.

The NFT hype that I see is saturated, maybe it's not over but they have to look for fresh ideas for their NFT, because basically the NFT hype requires an innovative and creative concept so that people want to buy and keep it.
According to the data you show, it seems that only the Opensea market has decreased sales because it is getting saturated, but some markets are still running stable, Some projects are still developing their NFT, but not all of them are sold on Opensea because now we have an NFT market apart from that.

Market Saturation is indeed the problem since the number of NFT project is not moderated. The chances of new investor to become interested on NFT investment is very low right now considering how unprofitable all the existing NFT available in the market. There's a lot of NFT project that has same idea which is a sign that the Market is already stagnant and no improvement since there's no improvement on the technology. I believe that NFT hype is slowly dying but not over.

it was time for the demand for nft to decline. I don't understand why people invest in NFT, in what way and for what purpose. Most people didn't pay 3 5 dollars like that. There were those who bought NFT for thousands of dollars. I really feel sad when this money is given to them. I hope the nft industry goes away from cryptocurrency. It was starting to get really messy.

If we do comparisons of NFt trading with previous years than offcourse voulme is now low then before but at the same time some NFTs are sold for very high price. Some NFTs are bought by owners itself from other wallet just to make Hype and some are real. Those NFt project which has strong Use case and profitable in future is only I think will remain for long time like Moonsuma,StepN and many other projects.

The volume is dropping a lot due to the market trend. Im not seeing any other thing that was triggering the volume to go down. Remember that if NFT was illiquid unlike that token or coin which are liquid. People are prefer to saving their assets instead of trade it for the NFT which was illiquid asset.
I have been trying to check several NFT on opensea and the price floor still remain the same but only less activities that happened with it. So, once market will be entering into the bullish trend again and the activity of NFT trading will be increasing as well.
In my opinion that if NFT hype is not yet over. This time there are also NFT combined with PTE, metaverse and Web 3 just like stepn. The hype can come anytime but taking a conclusion for the hype for NFT already ended is not right at this moment

Aggreed btc is always become the main reason  ;D

But i do believe NFT is not over yet because the hype of metaverse project still hot till date and you guys know that metaverse and play to earn game is cant be separated

The hype will definitely end because if it lasts long then it's not hype. The volume decrease on opensea maybe because the investors are more selective in choosing which NFT's they choose to own because investors have started to realize so many NFT's that appear don't have any features that can increase their value in the future like what happened in trend before like ICO's that many appeared but had no future at all

Most recent hype started was metaverse, and somehow it mixes well with NFTs in some cases, so i think they aren't over yet. There is still something else to milk from NFT hype by speculators and it won't be finished until we hear about a new trend appearing in crypto environment (so far it hasn't happened). What will define the increasement of the search for NFTs and market volume is a consistent bullish season that we don't know exactly when it's going to begin for real. Meanwhile, we will continue seeing the market very stagnant or depreciative, consequently affecting NFTs negatively, although it doesn't mean the hype ceased.

Not really, every crypto project hypes will fade away once a bearish market is alive I think thats the case here, the most talked-about crypto projects are still NFT and Metaverse so they still have some shots left, I'm considering investing in a NFT project I just can't figure out which.

I don't actually follow NFT that much and I think there are a lot of people who make a profit from NFT,
expensive or not NFT of course depends on the value of the art and maybe only someone who knows who collects art,
apart from that we will see if this industry will continue to survive in crypto or will it move away

That's true the craze of NFTs between crypto community is getting less from the last couple of months because these days mostly people are preferring to invest their money in coins like Bitcoin, Ethereum and BNB etc. because in terms of utility these coins have much potentials compare to NFTs although I don't think the trend of NFTs will be over because there is a specific group of people in crypto industry who likes and encourage NFT projects.

i dont think so, maybe crypto investors attention to NFT project decline but it due market condition. trading  NFT card especially have no utility i game for meanwhile shifted to to major coins or stable coins like usdt or busd. but for nft gaming , i am believe its demand still moreover alot nft gaming price decline and be good opportunity to buy them and used in game to earn gaming token.

When people are better aware, they'll be able to choose what's appropriate and pose less of a risk, which is part of the reason hype trends will become stronger over time. As we are seeing the popularity and interest of large corporations entering the field, the earlier stages are understandable as an experiment.

We've seen a huge drop in NFT as metaverses projects come to rise stronger. The growth of Metaverse has a huge impact on the NFT's market trend. We usually could assume this was a sign of the end of hype. But I think this was not enough to draw a conclusion that these projects become devaluated in the market, however, if the declining sentiment continues for a while, that will be the time we can finally judge what they looked like in the days coming.

Let's see how they perform this 2nd quarter if their popularity and demand haven't changed or there is a huge drop occurs.

Yeah right, the NFT market is still kicking especially the NFT games where they developed some kind of MMORPG style games to adopt the current hype of the gaming industry as well. A few days ago I saw a game that they offer free to play but the items you gather and farm inside of it have some real value. Now they need is to make it popular and keep updating it for the players to enjoy the game, not just some random click games where you can earn money and disappear after they get all they want from their players.

I'm not sure if the NFT trend is over because if we look at the current market conditions where the price of BTC has also decreased, maybe this makes NFT look like it's in a state of waiting. Those NFT projects may still be running but will not provide updates pending the following market situation. But if the NFT trend ends soon, we will see a new trend coming up, and maybe it will still relate to NFT and Metaverse.

I do not think so. it's just data from opensea, but try to combine the volumes of all currently existing NFT marketplaces from different networks. I'm sure the results will be different. trading volume on opensea is decreasing, one of which is because many NFT marketplaces have been released and even large exchanges like binance also have NFT trading services. so the trading volume is eventually split, the impact for opensea is that their volume is decreasing. that's why I'm sure the NFT hype is still there, because NFT is a growing industry. This industry has an interconnected ecosystem.

Statistics determine the behavior of NFT trading declining both from the volume of Opensea and the interaction from searches on Google, we know that each hype will end in a certain duration depending on the interest of the community, but I am not sure that the NFT hype will end so quickly and can recover in the next few months .

I would say that one of indicators that NFT trend is ending are transaction fees. Ethereum fees has been relatively low for quite a time, I can say even months. Fees reduction indicated users interest decrease in swapping, now it is decreasing as fewer people create, mint, transfer, traded NFTs.

The other great indicators are bounties and ANN topics. During DEX trend, we had tens of new topics every week. With NFT trend, everyone wanted to release their own NFT marketplace and NFT. Now everyone are P2E or metaverse oriented. I would say that at summer, it would be a rarity to find a NFT related topic on first pages here.

the hype is over. nft is no longer profitable. Many are selling at a loss rather than making a profit. only the NFT creators make a profit, the first, second and so on are selling below the price when they bought them. that is why NFT trading volume is slowly decreasing. another reason is because there are already many nft markets now, different from the years before when opensea monopolized the nft marketplace. and people are also getting tired of collecting nft, they know that the future of nft is not very good and not for long term investment.

Figures maybe slowing down but I do not think NFT is dying. It is just the start. Too many NFT games failed to establish a solid economy including Axie Infinity. But there will be more developments as developers will learn a lot from these early NFT failures. Even right now, there are still so many NFT games coming up and I am confident that some of them comes up with better economy structures that is long lasting and sustaining. Even Axie Infinity dubbed as the bitcoin of NFT can also bounce back strong considering they have billion/s of dollars in their pocket to further enhance the game.

I've heard a lot of hype about NFT before, but honestly, looking at the value and meaning, I just laugh at things like that. Now that more people are aware of this field, they will not waste money on useless products, which shows that it is getting better and better, but the claim of hype has come to an end. Not exactly because there are still new entrants and they are still stuck with the hyped trends.

When something new comes the old one tends to be forgotten. New altcoins, Metaverse, unstoppable creation of meme coins, Web3.
IMO, the hype is still there but due to the different kinds of cryptocurrencies/projects that are being offered, it stretches the money and lowers the amount being input into the old hype.
I have NFT's stashed but they are basically useless, that fact should also be considered when buying this type of investment. It's not like the painting of known personalities that grow in value for years, some bought NFT might be worthless in the long run.

NFTs will never be over, Hype and Fomo will continue to run, moreover NFT and Metaverse are part of one body and one utility,
2022 is still early to talk about when this technology is finished, this is just the beginning mate!,
we will see amazing Fomo and Hype it's going to be awesome, don't miss out on buying NFT or Metaverse coins this year

NFTs becomes so stagnant this year to be honest especially those trending projects because of some sort of situation what they are facing after making so much hype in the space, wherein, that lead them to such situation and reason many people are scared to ride in until now because of some doubts.

So for me this isn't surprising.. And surely most of them will become alive again when they burn and minting because surely investors will take that opportunity as well since such event can help to have a good improvement in the project.

I think the NFT hype isn't as strong as it used to be but it is still there but because investors  already learning about the many failures of NFT projects in terms of value preservation, many of them are hesitant to invest more into this category.  I wouldn't say the hype is over but I can say the majority of the excitement quite died down.

Maybe the hype is fading now that we no longer have a lot of crap with crazy values. By 2022, the interest of many other industries in NFT has also increased significantly. I would really expect more large conglomerates to enter the NFT market, not less experienced teams creating new products. low quality products published on the market.

When ICO has been the hype, there are many projects coming still even though the hype is over.
When DeFi has been the hype, even though the hype is over there are still DeFi projects that are still being created.

I think it is the same with NFT's. The hype might be over but still there are some NFT projects or games or arts that will be created out of nowhere. The hype is over and those projects that are still intact right now are the ones that will be there in the future. Maybe I agree with some as well that the market condition affects NFT as well because investors will think twice if they will invest or not. The hype might be over but NFT's will always be there and many will be created in the future still.

Nfts have a separate market. There are not like a typical cryptos which market is very volatile but in nft the seller are mainly the one's that creates its own price. I think it also works like a bidding, those who has the highest offer will get the nft.

There are actually nft with almost no utility but still valuable because they are backed by rich individuals. Owners of those nft can just resell their nft to a much higher price but it's still better to invest on the nft with utilities because you can use them for any other things like in gaming, which is pretty cool. Nft hypes are still there but I think they are not lively as before. It's a good thing I believe? this could mean that people are now shifting from the classic cryptos.

This trend is over i think. Crypto need other trend to attract more investors

The stagnancy wasn't just in the NFT world though, it was in everywhere and that mainly caused the situation which I can totally understand. Imagine a situation where everyone would be making insane returns from the NFT world when the bitcoin price was stable, how would that look? That would be pretty unlikely wouldn't it? That is why I understand the situation and that is why I think that NFT prices staying put is not that weird, or even going down.

The bull period we had recently when the price moved from 38k levels to 48k levels was actually quite good for NFT as well, even though I dislike the way it is used, I get it and that is why I am sure that people hyped that as well.

And why the failure? I was talking about the end of the hype, not failure. I'm not saying that NFT is a failure, but it was heavily littered with spam when everyone wanted to make easy money from the industry. Remember DeFi hype. In the beginning there also were a lot of meaningless tokens which only had the goal to make money from the HYIP. Now that the hype has passed, there are projects that have some real product instead of empty promises.

I think something similar will happen with NFT and only quality products will appear in this industry now.

slowly they are now starting to fade but indeed this is based on the current market decline which indirectly makes NFT also experience a slight decline in hype and this makes them dim.
But maybe there is a glimmer of hope there depending on how they are going to be, whether there are big investors who will bring them back up or not because if they don't, I think they will be forgotten more and more and it's just a matter of time.

Yes there's the case of buying own NFTs and I think that's more rampant in the early earlier days of NFTs as they try to attract people into this market. It's an unethical way of matketing but it did the job somehow. I believe what we're seeing right now are mostly actual purchases and so the hype remains. We're only talking about arts here and there are more in the NFT gaming.

Every platform network have NFT's market place right now and I don't this with hype because still worth and have values with several NFT's, now days have popular with MOBOX NFT's listed on Binance exchange marketplace and I saw several my friend sold NFT's with fantastic value until $300 each NFT's. Still do not know when NFT's hype over because have several network actually with Solana NFT's values most expensive although some time have bad reputation with cheapest price. But looks NFT's still popular and worth but not getting trough purchase just check when have an airdrop distribution task to get NFT's.

Maybe it's just the art of NFT hype that has started to be abandoned by humans, but in other positions such as the NFT game system, it is still popular and hype so people don't have to be afraid to buy NFT.
So far, the NFT hype is still alive because there are game systems that are still popular and are still widely used by people, so the NFT hype is increasing.
More and less that's what I know.

NFT hype is not fading away. I personally thought that before now NFT hype will be over. I am surprised it is not ended yet, instead it is gaining more popularity, especially in the gaming system. NFT is part of cryptocurrency that coincided with the world of art, so I don't think it will fade easily.
What has happened in the market of NFT is that low quality projects are gradually reducing.

Many popular projects still support the survival of the NFT hype because they offer a marketplace for art lovers around the world with high trading volume, so the NFT trend will not fade even though now NFT is starting to decline due to many scam projects packaged in NFT.

Every time the market goes up, news comes out driving people's behavior. Existing or existing trends are accompanied by hype, big or small. :) NFT is still a concept that not everyone understands, even me personally. Aside from trading NFT tokens earned on a few platforms, I still have not found a specific and easy application.

Move to earn with NFT is new trending??

I think just like other great mover in the beginning this comes to an end again, and this proves me one thing that it is always Bitcoin is what can consistently increase year after year and not these kind of starter.

Imagine after gaining tons of support in investments in most of NFT projects ? now it seems like the support is finally over and the market of NFT is crashing day after day?

so I believe that it is, the NFT is over now .

Or the opposite could happen where mass selling of NFT on lower prices will happen this coming weeks. Maybe people see that NFT's aren't good investments after all. I would rather convert those to Bitcoin as soon as possible if things go vague.

NFT is not as hyped as it is now. There are times when people will buy the same NFT in bulk and resell it at a higher price for a profit. However, now that the market is even developed, some "cheap" NFTs are missing. That's why there seems to be a decrease in the number of searches on Google and the volume of trading on OpenSea and especially regarding the ethereum gas fee, when traffic is high the gas fee can be very expensive if choice NFT Ethereum.

Very insightful analysis! Due to the excess supply of NFTs in the recent times due to the hype in the market, the collectors and investor's demand for valuable and precious artworks has increased. In the short term, it may look that the market is going down but there can also be a possibility that now the community is focusing on quality over quantity which will really be fruitful for the development of metaverse in the future.

The main wave of useless NFT pictures passes and only famous projects or NFT projects with backgrounds, like your example with dancing coffins, remain. Such NFTs will continue to appear, I do not claim that there will be no more events in the NFT field and there will not be large and expensive lots. There will be, undoubtedly. But it can hardly be called a hype. A hype is when a huge number of unique addresses rotate in the industry, when trading volumes grow, and when the minting of new tokens breaks all records. But the end of a HYIP does not mean that there should be no major releases in the market now.

There is a problem with NFTs because they are unregulated at all.
If they manage to regulate them before there is hype on something similar, they will definitely be a very useful technology in many industries.
Unfortunately, there is a risk that it was only a temporary hype of investors, influencers and celebrities, and in a moment something more popular will appear and everyone will forget about the NFT.
In my opinion, the potential is very large, but it all depends on the development of new technologies and speed of regulations.

It has been proven before that people use NFT collections in a way where they buy it themselves after releasing them, to make it look like it is hyped and then they end up getting a lot more for the remainder of it. Like for example they create 10k o some collection, and then buy 9k of them or over 200+ dollars, which makes the other 1k look like they worth at least 200 bucks as well and that in return causes people to spend 200k on that 1k just because they saw 9 thousand of them bought at 200+ dollars as well.

This is a simple trick and many people fall for it. These days rarely any -NFT project gets enough attention from people, mainly do not get any interest unless it is attached to some other already established one.

Here's more on the subject of the end of the NFT hype. Nassim Taleb tweets that the NFT bubble will burst as a consequence of the Fed's rate hike.
https://twitter.com/nntaleb/status/1515343870787309579

As an example, he cites the sharp depreciation of the NFT token with the first Jack Dorsey tweet. A year ago that token was worth $2.9 million, and now it's going for 10 ETH at auction. That's about $30,000.
https://twitter.com/sinaEstavi/status/1515631008904880129

Not surprisingly, as the market enters a bearish phase, various questionable tokens start to lose dramatically in value, especially those with a rather tentative value. At NFT, value is not tied to capitalization, but solely to supply and demand. In times of economic slowdown, such assets don't find good demand due to the exorbitant inflated price caused by the hype of cryptocurrency and NFT in particular.

I believe that such a price deflation awaits all hyped NFTs, and most of the unknown NFTs will die altogether.

I don't think that the NFT hype has died. It is just the beginning for NFT. But I admit that some of the NFT-based games are boring and garbage. Despite this, I am believing that will appear a fascinating game. I recently saw a post on Instagram about the project "reptile chronicles". Have you heard about this project? I am participating in their Discord server, the community of this project is friendly and nice. I decided to keep watching them. I hope that this game will not disappoint me.

Well, according to the usual predictions when hype occurs in cryptocurrency it will not last long and of course there will be a saturation point, where when the bitcoin price collapses it will make everything change instantly, market conditions have a more important influence on bitcoin prices. At least NFT can still have hope when developers provide good news that can trigger investors to buy their NFT.

The Hype is probably dying down, but there will be survivors, like the Pokemon of Blockchain, it started with CryptoKitties, and eventually there will be full blown games developed on Blockchain as with PGL but with much more genres, and that will drive like WAX Platform sales, and there will likely be Developer Hubs where games are made all day, and parts are Sold to put it together like a 3D Design Market. I think Game characters are called Sprites, this will be developed more, and things like Houses, Cars, Jewelry, Museum and Auction Pieces, with NFT Certificates and Previews, for Buyers to look at before purchase, and for them to show their Wares safely in NFT form.

Bitcoin dump
Market sentiment
New trend that was coming from the play to earn

There are more reasons why NFT hype is over but again this is still too far to be true. In my opinion that if you need to analyze how the crypto market is going on right now. The hype is starting to decline when the bearish market already started when bitcoin dumped from the 60k to the 30k due to the war fear that started last year. This will still going on until everything will go back to the before the war news came.

I believe, yes, the  NFT hype is fading simply because investors already know how it works. It's only worth investing in the beginning and most NFT projects in the past didn't survive. People find it too risky now to choose NFT over well-established coins. It would be  better to risk on well-trusted coins than on projects without any concrete plan.

NFT's experienced bear market before and it seems that the crypto market situation greatly affects the NFT market. Many are taking profit and getting some momentum on entering the market again when they feel it is recovering. Also NFT projects with weak foundations are being abandoned at this time, I just noticed it.

     The thing that may be causing this slight decline in terms of interests about NFTs is the current market conditions which is bad and got worse many days after you created this thread. Another factor maybe unawareness of other NFT markets other than opensea which offers a wide variety of good NFTs as well and has much cheaper prices and fees due to the low fees that are required for every transaction. Still though, my twitter notifs still continue to explode due to NFT related tweets and retweets. I guess the drop on interest isn't really that drastic.

no idea if the hype is dying down but i have a friend who does digital art and she is selling shit ton of nft art every month.

last year her profit was about 8 lakhs inr which is equivalent to 10385 usd and this year she says she's easily going to double that amount.

i for one have don't really understand what they are or what their use is or why people are so keen on buying them and i have no intentions of finding out.

my opinion is that now start hype p2e nft, not long ago I saw one project on the forum (if you are interested in the name of the project its reptile chronicles), I join their discord, and there was some kind of role play, I haven’t seen such an active number of people in nft discords for a long time, so I think that the hype is not quite over, but rather goes to another level, because of the game i think hype will be longer, so im looking on this more like on long term investments

I would guess that mocking is a part of it as well. People who invest into NFT do not get the point of it, and see it as just an investment and that’s a whole another world, and a big majority of the crypto world as well.

I would definitely consider buying an NFT if there is an important artist that painted something, either by hand or digitally and if I want to own a piece of art by that artist then I would be willing to buy it not because I love NFT or anything, but because I would like to own an art by that famous artist. However, if you create 10k different versions of the same ape, then I am sorry but that has no artistic value and that caused it to go down, because NFT's from famous people and artists are still up and valuable but all those shitty ape things will of course go down and lose hype.

You're right about the difference between the trash NFT, which exists only to make money from you, and the real NFT, made by famous and well-known artists in a limited number. But not every well-known artist truly follows that standard, they could do NFT under 'a limited number' to create artificial scarcity to trick you into thinking it was worth it. The hype around NFTs is about everyone thought they could dump their NFTs to the next one with a higher price, a net gain from their initial investment on the things. The 'line keep going up' mentality.

It's better to hunt for we'll established coins instead of looking for NFTs right now, the liquidity of NFTs is dropping and buyers are in a fear state, things will look more ugly once BTC keeps drowning even more and more, I believe this is just be beginning of the so-called bear market.

The NFT hype is long over. I think it won't be long before punk or monkey owners realise they have been cheated, as was the case with ICO in 2017 or IDO in 2019. Every year there is a new hype. Right now it was DeFi and NFT which will eventually lose value. After that, people will use the new casino. and the main thing in this story is that no one learns anything.

Yes, friend, it's a vicious circle. For me, this whole hype around NFT was generally surprising. But, people will always look for some easy ways to make money.

I think NFT is still early to be said to end, indeed many altcoins and NFTs are currently experiencing dumps,
and all because of the price of Bitcoin which is also a dump, Bitcoin Dump --> Altcoin dump,
that's the cycle, and don't worry about NFT, I'm sure NFT isn't over yet

I think that NFT its our future reality, I was at exhibition of NFT on Amsterdam, it is modern ART, a lot of people interested of it!

In my opinion, the hype seems like decreasing compared with several months ago. I remember when there was a very booming and hype NFT in my country, that's Gozali NFT, everywhere, we can find the discussion and also talking aboutNFT. Moreover, people who don't know about NFT and crypto also talk about NFT.
We can also find many threads and discussions about NFT in this forum and also in some other platforms. But right now, the discussion seems like decreasing.

I guess it’s just the effect of the bearish market that has greatly impact most of the people’s investment portfolio after all, we are already down more than 50% so I guess most of NFT related activities are being halted so that they gonna waits the market to get better first.

although the recent news in regard of NFT being considered in instagram and twitter platform could definitely keeps away the word “over” from NFT’s trend, in the future maybe once the bullish market has finally come over again we gonna see more increased volume activities of NFT and maybe that gonna be a significant increase, the current circumstance is just too hard to deal with hustle like NFT and the likes.

If for high quality nft it will not fade like gozali's NFT, many NFTs now have useful uses even though at high prices there are still enthusiasts to have them, I believe nft will continue to get hype if it has high quality qualifications.

The hype will always be!!
Want to invest in NFTs but still don't know which one to buy? There are many different types of NFTs on Eizper Chain. By getting Eizper Chain NFT, you can get more in-game benefits!  Isn't that great?

Thanks but I will pass on the pixel art and random marijuana-induced pipe dream drawings that some weedlovers have been making hoping to get enough cash to reload their dump of weed.

The hype indeed has slowed down, this is seen from the social media and the news outlets that were full of NFT based news at one time in the last few months and to a total silence currently on the mainstream ones.

There might gradual upstrokes in the chart that OP has sent, with niche users trying to get mainstream attention. Currently NFT is a niche trend and being used to milk out residual "milk" ;D from stubborn investors who think this is going to be big.

today NFT project shifted to move to earn concept , which only by walking we will got token . alot people interested with concept ,maybe alot people outside crypto community will try this games. maybe if bitcoin still hold and not hardcrash like current condition , maybe project that build this move to earn will lead market bullish movement. but today most of altcoin drop more than 50%. it is very sad but we could not avoid it

This trend will continue to develop rapidly however I think the end of the NFT hype is near but in the long run and not everything will work out there will be at least one or two high-quality and successful projects built on this technology which certainly brings confidence to the market.

Well people here in my country racking up their SLP are kind of not hyped right now considering that we are also in the bearish market right now. It has indeed slow down, but who knows if the hype would continue.
It is still a "trend" considering that there is still yet another crypto terminology to be hyped soon surely.
We'll know for sure if the hype is going to continue after Bitcoin recovers.

The hype exactly is not over. It is beginning for NFT. Dudes, I am taking part in some NFT projects, so I want to know your opinions about one new NFT-based game. I think it has great potential and on their Discord server so mush activities for the community. What do you think about this? I will be waiting for all your thoughts about it.

With the current market condition, we can never expect such hype anymore, maybe soon after this bear.
But what I see these NFT projects including SLP, their trend is getting worse, prices went declining even before the bear trend. That I would say their trend is likely over and metaverses taking over it however, it was still believed that some of them have the potential than these metaverses projects which we could think they will still survive despite the difficult situation we may face.

I don't mind spending hundreds or even thousands of dollars for an nft that have a good use case than those expensive nft's that are only good for flipping. I think what drives those nft's are just pure hype but if a poor quality nft can get hyped, how much more the high quality nft's? Although the hype for the overall nft's have now decreased dramatically. I think people start to realize that the classical cryptos are still the best. There are still some that invest on nft's but they don't prioritize it anymore.

Really? Lol. I think it's clear that those people don't want to get left behind on what is the current trend but now that the hype of nft is slowly diminishing, I am curious if where are those people now?

The hype is not over, it is just beginning for NFT. I am involved in some interesting NFT projects and I am sure that they will succeed in nearly future. If you want to take part in one NFT project, I recommend you take a look at the new Blockchain-based NFT Game with unique lore and amazing arts. Also, they have a really beautiful website: https://rchronicles.org.

And what makes you think that if you participate in several promising projects, it means that the hype is not over. The end of a hype does not mean that new NFT projects will no longer appear. A hype implies some wave of projects that appear because of a trend. DeFi hype, for example, ended 2 years ago, but projects appear until now and will continue to appear. Only now these projects are more sensible and of higher quality than what appeared in the period of hype when the market was flooded with a huge number of scams, projects, duds and copycats. The same thing is happening with NFT.

In my opinion the hype is not over. So I want to invest in some interesting NFT projects, especially I want to take part in p2e games. I recently saw a tweets aboun one interesting NFT project "reptile chronicles". Their cinematics in YT are so cool. Have you heard about that? I want to hear you opinions about this game.

any project that are move to earn concept are just temporary trend more or less the same like meme coin because frankly there is no real sustaining economic model behind any altcoin that are using concept of move to earn.
it's kinda different with NFT arts and games in general that could be having various economic model.
I mean no one in this planet are willing to pay anyone just to walk for long term, maybe there is for short term just to increase the trend but for long term, I could hardly see anyone gonna invest into these kind of altcoins.

Maybe or maybe not. People could had fully left the NFT space just after the hype was over and just move on and go back to their usual daily stuffs. If I was like a player of many NFT games and this hype just died out, I would just quit it and never come back again.
The Axie hype in here just seemingly died out or that would just be around my social circle as I never heard anyone mentioning SLPs since a couple of months ago.

in my opinion hype isn't over its only will grow, p2e is getting more popular, its gonna be a new era, projects giving so many features that hype growing every day, like one project reptile chronicles, they give 1% of all market sales for a legendary nft

You mix such notions as hype and the development of the NFT industry itself, these are different things and they have different goals. A hype lasts for a short period of time, during it a huge number of projects appear, with and without a product, everything grows. Even something that doesn't have anything special grows because people buy everything in a hype. Anything that has the word NFT in it. And the development of the industry means a further emergence of projects, increasing prices, adoption, etc., but all projects will be released, having some kind of product, not just a pacifier, which was taken down to make a quick profit.

So, what you listed - this is not a hype, it's a natural evolution of technology, and the hype has passed. Also, a hype and popularity are not synonymous.

In my opinion, it is beginning for NFT, especially if we say about NFT Gaming. I am involved in one interesting NFT project "reptile chronicles". Their content is amazing, friends. I watched their cinematicks and it reminds me a good old fantasy games. Have you heard about this project? What do you think about that?

NFT doesnt only circles around on games that is currently on the market which come to think that it had been started to those pictures that flooded out in the market and later on these games

had surfaced out which is also part of this NFT game.It isnt really that over yet because we've seen that there are still lots who had been marketing their own nft's which i could

say that it is already that saturated and it would really be coming into a time where this would really be going like with ICO.

Actually, NFT is still ongoing and popular in certain cases. However, yes the hype is not as high as several months ago when the NFT was very booming and many hype NFTs are emerging to the world. AT that time, many parties seem like going to make their NFT and promote it on the NFT platforms, many people (also new investors that don't know about crypto) also bought NFT because of the Hype. But right now, the talks about NFT seem decreasing, doesn't it?

Not only metaverse a lot new type of projects coming on the market, btw nft p2es hype is only growing, some of new projects will pump for sure

Where do you guys go to look into NFT-related stuff?

we no longer see many communities talking about good NFT assets to buy. maybe all closed because of the Luna incident. it puts the whole community into focus with the asset. NFT will probably be a little dimmer again.

Still in trend, now there is more emphasis on different sports applications, now they talk a lot about steps and sneakers, in essence, everything is the same.In a few months there will be a new trend no longer with running and walking, but with bicycles, for example. NFT will be on trend for a long time, this is a convenient tool.

may be yes for now . the reason is beacuse the bitcoin has drop thats why all coins projects nft etc is down . but may be later if the bitcoin is bull trend again or uptrend . mybe nft will be profitable again.

For now I think NFT is still in development stage.  As we already know that NFT just started to be popular in early 2021 and that's also because of the trending of some projects on NFT.  I think NFT is currently trying to transform into something more useful in the future.  I mean nowadays most NFTs just follow the hype or trend.  Most of today's NFT is something I don't think is useful for much.  And of course that is my personal opinion..

I think that end of the hype is not so close, you are right that mostly there will be only few projects that leads the market but still so many new m2e, p2e that is not minted yet

It is not yet over, it may show that many projects now shows their own NFT version but didn't succeed, the hype is not yet over it is just that it is slow down now because of the market situation right now. Every year there will be new thing about crypto, nft and metaverse are not yet over, after this dip maybe the craze will start again.

Maybe i think very soon it will come to an end as the ico hype ended in 2017 last where a lot of investors lost their money. Moreover, there was a sudden emergence of ieo which could not keep the hype in the market for long because almost all the exchange platforms they operated ieo which resulted in a lot of scam schemes. So consistently it will come out of the crypto market very soon and after getting crypto green market then we will received another one for token sales.

A good discussion topic needs to be talked about. The NFT industry has matured a lot in a short time, but there were many worthless jobs among them, so I can say that it was good for the hype to drop in order to eliminate them. I still think wealthy investors are interested in good business. The analyzes in the charts you shared are very good, more or less something has occurred in my mind about the situation.

The hype is definitely not over. Guys, I think that I have found one interesting Blockchain-based NFT game "reptile chronicles" with deep lore, which gives an option to continue this project for a long time. Also, thy have such good features as 1% of all sales for a legendary card. What do you think about this p2e game?

I have seen many artists - who are selling their ugly masters piece for the NFT.
I am not sure what the buyer are going to do with those ugly masterpieces- will they. keep explaining the people what they liked about that ugly master piece.

I do think that the first big hype wave for NFT's is slowly but surely running out at the moment and i think we will see the trading volume of NFT's continue to go down over the next couple of weeks and months, but i also think that this is completely normal and not a reason to worry at all. The crypto market is still all about hype and trends and this is of course also true for NFT's. Once the first NFT projects came out and were a huge success and made a lot of people rich a lot of other people saw that and also tried to hop on the NFT hype train in order to also make some quick profit. Of course those second generation NFT projects were mostly just copycats that were put together in a haste with very little effort. Those copycat projects are the reason why the hype is going down sooner or later.

The hype is not over because I am sure that we will see a lot of interesting NFT projects soon. I am following one blockchain-based NFT game "reptile chronicles", their arts are so sick. Every detail of the art is amazing, I am so waiting for mint. Have you heard about this project?

We can't tell if its still midway or in the near end of its trend because as we can see that it do becomes saturated as the time goes by on where interest becomes lesser and lesser as day passes.
Im not saying that its totally shit but cant really be denied that it had been used once again by those scammers to take advantage into those noobs who do just jump into the trend without
even realizing or tending to make out some research on which one would be worth and which one is trash but basing on experience and observation where
almost everything doesnt really have significance on their existence excluded for those who do have actually utility of course.

NFTs haven't started yet.
I believe the NFT market will be bigger than the classical token market.
Instagram will soon support NFTs. And a second wave of hype for NFTs will begin.

Is there any authentic source that instagram will start accepting it.
The hype of NFT is a lot on twitter. Artists and photographers are going crazy for NFTs - I have been to a lot of spaces on Twitter to learn about the projects but I think I need to do a little more research to find out what to do and how to do.

Yes, there is a real source. You can read it on the official website of Instagram.

https://about.instagram.com/blog/announcements/instagram-digital-collectibles

The Instagram user base is full of people who love to show off.
Instagram will be much more effective than Twitter.

I still recommend you to take a look at this NFT project "reptile chronicles". They are making really good content for the community. The project is doing a strong story and lore-based game. It's the whole Skyrim and lord of the rings vibe. I will wait for your opinion about this project.

Exactly. NFTs are just starting to blossom. I wouldn't say the hype is over, simply because there are prominent companies beginning to launch NFT marketplaces of their own (eg: Coinbase and Instagram). It's going to take a while before the hype slowly fades away into oblivion. Whenever the new trend will succeed or become a huge failure, will greatly depend on government regulations.

Some countries have noticed NFTs' rising popularity, leading them to devise new laws that would help regulate the industry. If regulations are too fierce, NFTs' growth will simply diminish at a fast pace. No one knows what will happen in the future, so we should be prepared for the worst. Just my thoughts ;D

NFTs are one of the biggest projects in the space, although it's overhype for now, but it will explore in the nearest future. The best thing is to take your time and understand how it operates. The metaverse blockchain is definitely behind NFts and even Mark Zuckerberg applaud the project and it's all about virtual reality. The next thing is for users to create their avaters which they would use in the virtual space and if you don't have one, you create or purchase one.

Im more than sure that nft projects will pump this year, a lot of new good projects, in majority p2e, because usual once start to be kinda boring, even I find one interesting project, but I can't say that I was interested in nfts before, but this project got me, the arts and novel is great and its all in the style of WoW, (the project is reptile chronicles, if you interested), so yeah in my opinion projects like this will get the nft market till the end of the year

Well, i would say that hype is not totally over but there is slight decline in demand for sure these days. And the reason for that could be the crypto market distraction.

I think the NFT revolution is just getting started and we haven’t even begun to see all the interesting ways NFTs can add value. The reality is many of us are highly invested into our digital world. Owning NFTs also has huge benefits in the material world.

If you buy an NFT you can potentially sell it and make a lot of money. There are NFTs for everything and the opportunities are endless. I understand some people don’t get it but when the internet came out people didn’t understand that either.

Fully agree, the nft market is only starting to grow so many ways to develop, even p2e still doesn't show the whole potential, I'm sure that it will as with crypto, no one believes it but whats happening now, everyone knows about that and want to buy some

I don't think the NFT hype is over, it just corrected because the greater market corrected. Another issue is that ETH gas fees are just too high to trade NFTs profitably. Many people are moving to other chains like SOL, HBAR, and ICP to trade and collect NFT art.

yeah, and some new projects are insane, like "reptile chronicles", their features and arts with novel is awesome

Maybe the NFT hype still persists to this day but the interaction for NFT trading has decreased even though the impact of the market correction continues to suppress the decline in NFT trading, I am no longer interested in investing in NFT and have switched to investing in top altcoins because it will be profitable if the market can recover at the end next year.

Gm guys.

I think I may have found a real gem in the making, a very interesting project called ROTTS.

They're still in the pre-launch phase, and there's a lot to like about what they bring to the DeFi crypto space.

They have:

— A cool collection of unique NFTs,
— A simple yet ingenious staking system (passive income),
— A dedicated international team,
— A low-tax deflationary currency called $ROTTS.

The team has made it clear that, unlike many other projects that aim to deliver 100 different utilities on day one and deliver none of them well, they will initially work on a single utility: the payment platform ROTTS.me, a payment platform similar to PayPal, but in DeFi.

Imagine a portal you can use on your phone or desktop to send or receive ROTTS, ETH or any other ERC20 tokens, without tax or gas fees, and without revealing your wallet address. I know, the potential is mind-boggling.

And, actually, it's pretty simple. Each individual will have a profile or account linked to their wallet. A database will be automatically updated with each transaction, so that each user's holdings are accurately reflected in real time.

You will only be able to see your own assets, not those of other users.

No more embarrassment of being a little fish in a whale's world. No more anxiety for developers, influencers, designers, artists or any other crypto-currency contributor when they have to show their entire wallet to someone, just to receive the payment they earned in a fair and equitable way. No more stressing about setting up another wallet, just to avoid someone seeing what you previously bought, or what your crypto is worth.

It combines the best aspects of crypto and DeFi with the best aspects of traditional banking, and it could very well be the beginning of real and lasting utility in the DeFi space.

The NFT pricing structure is cleverly tiered, with a clear incentive for early buyers.

— The first 1,500 will be 0.05 ETH,
— The next 3,500 will be 0.07 ETH,
— The last 5,000 will be at 0.09 ETH.

What are NFTs for? To obtain passive income in $ROTTS tokens through staking. 49% of the total supply is dedicated to staking. Every day, 700 million ROTTS are distributed, to be shared between stakers.

The ROTTS token will only be launched when 1,500 NFTs have been sold, and it will be launched with a very high liquidity, locked in for years. So what happens if they don't sell 1,500 NFT?

This is a unique case, as the ROTTS team is promising a 90% refund to all early buyers if the 1,500 NFTs are not sold. They will only use the 10% of NFT sales revenue for marketing and other pre-launch expenses, so they will have a huge pool of ETH intact if/when they reach the milestone of 1,500 NFTs sold.

I honestly think this is a project worth doing some serious research on, the website looks great and is very informative, and the white paper is a great read, breaking down the project into easy to digest chunks.

If you haven't discovered them yet, I highly recommend spending even 5-10 minutes on their website and white paper.

Links:

— Website (https://www.rotts.io)
— Whitepaper (https://docs.rotts.io)
— Twitter (https://www.twitter.com/rottstoken)
— Telegram (https://www.t.me/rottstoken)

I'm glad I found it before the herd arrived.

As always, DYOR!

Are you sure it is authentic?
How much of the total investment is needed to by the NFTs. I am interested but than again there are very clear chance that I might get scammed.
Please comment on it. Thanks~

They can still be quite something to be reckoned with but in this case why now they seem to be fading away is because their hype is so booming and almost every day a topic of conversation that when things like this happen it's as if they are extinct but this is still going on and I still feel that the NFT Hype will still continue because considering that there are still many people who contribute to it

Yes the project is more than legitimate. Take a look at the website with the documentation. See what happened to them, come to TG and talk to the community. They are anything but scammers. I think what the team has been through is remarkable and they will now start again.


it is about the post 127 and to mm2543363580
somehow I can not answer the question directly.

Hello - powermax - thank you for the clarification. Have you joined them?
How is it going? Seem like NFt is taking the market like strom and than again - NFT and creativity goes side by side -so it is going to take a big chunk of the market.

Yeah sure I joined them. Look, they launched their token a few months ago. They were successful and then the lawyers from the famous Rothschild banking family came and threatened them with a lawsuit if they didn't stop immediately. The problem was that they chose a name too similar to this elite.
Now after 8 months the team continues with a new project. All investors will get their original tokens back via a recovery contract. The team was forced to redo everything. Now they come out with a great NFT collection. If 1500 NFT are sold then they will launch their token with a great liquidity on Uniswap. The purchased NFT can be put into a staking contract from the beginning to generate passive income in the form of Rotts tokens. But they also have a lot of other things in the pipeline. Just take a look at the experienced story. You have everything super documented. Join the Telegram group and see for yourself.
https://docs.rotts.io/getting-started/the-rothschilds-and-us
or here a community member has made a video:
https://youtu.be/ZKVtVz56KdI

What is noticed here is lost and mixed here in nft for the development of the industry but here are different things but here it is noticed that it is fixed to get high but here it is displayed in huge number of time but it increases the product and everything without it even here  There is nothing special about the fact that there is talk of buying any of these things due to the increase and all the projects here due to the increase in prices in the industry development projects.

it is definitely not over. Also, I think the NFT Gaming has a great potential in near future. I am following one blockchain-based NFT game "reptile chronicles". In my opinion, this project will be a profitable and successful. They are making a really good game with deep and unique lore about three clans of reptiles. What do you think about it?

A trend in the market goes on for a few days and then new trends come, causing everyone to focus on the new and the old loses its hype. The market is moving in this system. The current state of the market is much less likely to be a new trend, and even if it does, it will be something different. Why do you think your shared project will do so much? What aspects of a project do you think can give you an idea of ​​the future potential of that project?

there are always projects which stay for a long time, so we will see which of them will stay on market for long this year

I don't think the NFT trend will continue for long. It was rightly said above that the hype changes regularly when new trends emerge. First it was ICOs, then IEOs, IDOs, then it transformed into launchpads. Exactly the same fate will be for defi, gamefi or stepn. The pioneers make money, the rest lose money in the hope that things will recover.

Yes, that seems to be the case because there is no hype that lasts and will be replaced when new trends emerge,
that's more or less the cycle and if we talk about NFT sooner or later it will end if there really isn't an update,
The most important thing is that we will see what will happen in the future

But that does not mean that NFT will disappear as a phenomenon. It is a useful tool for many people, for example musicians or artists who want to have copyright for their works. All I was saying was that the hype will disappear, and with it, the value will very much decrease. Again along the lines of how it was with the ICO.

The projects that are in the market for a long time are mostly dealing with solid products, which are designed to solve different problems. Projects that quickly create hype and start a new trend in the market, resulting in a lot of similar projects coming up and at some point that trend ends. There is no calculation of how many trends are coming in these few days. But at the end of the day, the hype of those projects could not hold and now it is being dumped. So you should focus more on solid projects, short term hype may give you quick profit but in the end those projects will fail to hold their hype.

If you earn money even through short term project and you are happy with them. Just get the money and invest in long term projects.
The inflation is so high that you need to earn so much money to keep yourself with the pace of the world.

The hype is definitely not over. I am following the NFT project "reptile chronicles" and it is so damn good one with high potential, and it can make you a good profit in long term.

yeah, and as I remember they did some aristocrat role in discord which gives you airdrop

It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added. 

I think it wont "boom" again. Trend is over. Every one has already understood that there is nothing behind this digital art and value of such "masterpieces" dont grow by itself. As a proof - try to remember when was the last time you have heard a celebrity or someone popular has bough NFT? What were recent the biggest news you have heard or read about NFT? When the last time you saw a $ million deal with NFT ?

You are talking about the NFT's that are images, and you are right there is a good case that it won't boom again. However, NFT is not only the images that we have seen, all those cryptopunks and apes and all that are futile and useless. The real deal would come when projects start to utilize NFT even more, when you do that the fact that it will go on will stand.

Like there are literally musicians that sell the rights to their songs, so you could earn from their royalty, not a lot but the feeling is enough. As long as the utility of NFT stands, there will be some projects that will have a different approach which will make it popular again one day.

We can't say its over yet but sometimes is not good putting more efforts on over hypes project over especially NFTs, Metaverse, Web3. secondly couple with the market sentiments everyone is quietly on a low pressure watching and monitoring the market before entering trade. What i noticed is that it would mostly affects those who took NFTs as an investments.

NFTs won't work during this market situation because it will be hard for them to survive and resist it especially now that there's no occurrence of any hype. I also find it risky to invest in hyped NFT projects because based on my experience, they don't last long and only early investors would gain a good profit. I think the NFT era will strike again when the market recovers.

Well, I think that one way that it can grow again is within the metaverses, that I really have no idea if projects that are reliable based on NFT are already being developed, for me it is important to know, because I know that everyone's heel the projects in 2021 and for which all the projects turned into a pyramid scheme was for the simple reason that the internal economy did not work, if they let people in everything would go down, and this is something that is very notable and to the Most investors at that time came out very badly, I think it will be very difficult to regain that confidence, unless it is developed by a casino.

I think the general problem of the whole market is that the market is going down, which leads to the previous exaggerated trends that are difficult to sustain in this market. But the projects related to this field only seek to publish the product as soon as possible to the market. They do not care much about the solutions that are practical. They only bring about a negative environment. Perhaps similar to the previous hype trends, many projects related to this field will be eliminated from the market.

The hype is over from a market sentiment point of view, but we have to remember that NFT is not the end but only a hype,
which is also natural, and for sure Hype will come back again, now there are NFT markets like Opensea, and of course Binance,
so don't worry about NFT ending, NFT is just the beginning

NFT still have alot thing to developt so will not depend on hype only , all us know if any project depend on hype it will not last for long time. especially about NFT gaming , alot space to developt for usage in play to earn games so demand could maintain and everything back to normal.

I think the trend is still there since many company are still creating NFT for their promotional projects but sadly I think the NFT hype is over.  Worst, many investors including me developed a biased hate towards independent developer that creates NFT stuff then ask for crowdfund.

 FTs are just a fad camt really see what the current iterations of these "projects" are even needed for.  I don't think nfts are useless but in theor current form I see no need for them.

This is not a matter of declining interest in NFTs, but rather that investment has become widespread in several other NFTs, so the volume on an exchange will decrease. NFT can be traded on various exchanges, so Opensea volume is reduced. Apart from that, the condition of the exchange is getting worse and the crypto charts are turning towards the red, so investors are withdrawing their balances from the exchange again and investing in real assets.

Oh it will definitely "boom" again. I just doubt it will have the same "boom" as the first time, now that most people know how worthless NFTs actually are. Why would anyone pay for something that they supposedly own, yet copyright laws do not back it up? I think most people who bought NFTs were just hoping to sell it for a higher price to some poor fool who had no idea what they were doing but had a lot of money.

Newbies will continue to be duped by the NFT craze, hopefully it will die out soon.

The NFT market is one of the most speculative and there are fewer and fewer investors willing to take risks because of the bearish trend in all markets. I think that the NFT market is currently blown away and the next bubble will inflate only after the recovery of the crypto market. Personally, it seems to me that it is better to buy a token from the top 50 than to buy an NFT picture with a dubious future.

NFTs won't disappear just because there's so much money invested in them. Of course, 90% of NFTs are just garbage. But there are some good ones that are quite worth the investment. I'm pretty sure regulators will weigh in once NFTs become extremely popular. With legislation, the whole space will bring confidence to serious investors looking to obtain a good return of investment.

There are some prominent companies in the game, so it should only be a matter of time before NFTs gain traction once more. I'd say the hype is temporarily over because of the bear market. Just wait until prices go back up again to see people getting interested into NFTs again. Who knows what real use cases this new trend will bring to us in the next 10 years? Just my opinion :)

In as much as I don't dig NFTs, I dont think the hype is over, even though sale volumes isn't as much as it used to be. There was even a lull in sales over at Opensea and Rarible before the bearish times caught up. I think it would still pump later when some aspect of it gets better, or more utilities pop up
Currently there is NFT ticketing which was utilized by Binance some days ago

Maybe it won't explode as strongly, but that's not the end of NFT, there will still be a small corner of NFT in the market. binance recently partnered with Cristiano Ronaldo and they plan to launch the NFT collection. Binance has not given up on NFTs yet, they are still working hard on investing and building them. I don't think NFT will die anytime soon like other trends.
https://www.binance.com/en/support/announcement/c91e9b1c1492456f9909e16f2ff3427e

I think the the trend is still there since many company are still creating NFT for their promotional projects but sadly I think the NFT hype is over.

Yes, indeed, while the market does not show its best side, and therefore the hype has subsided. But I think soon everything will resume and there will be even more interest among people. At the moment, there are promising game projects with NFT and they find their fans.

the NFT hype has died down. but I see the consistency of NFT is maintained. Recently more and more artists and artists have entered the NFT world more and more. and NFT for games has become increasingly popular and has become commonplace among gamers. so I think NFT will stay consistent with the current situation and will be more widely used from now onwards. but I don't see NFT as an investment. NFT is only good for collectibles and hobbies.

I also have the same belief as you. I think the blockchain technology at NFT gives great hope for digitizing various digital works. Even though it is now over supply, NFT will still be an option worth considering for buying and selling digital files. Its integration with cryptocurrencies and supporting technologies that are more accommodating and accessible to the public will probably determine the future of NFT in the future.

Don't worry, NFT hype isn't over yet, it's just that NFT is still very low in demand,
because there are so many NFTs in freefall up to -90%, of course this is what makes traders or investors afraid to buy them now,
because the market is very bearish, I myself am still monitoring NFT from Ape at a cheap price

The hype for nft might be over but there are still lots of nft that are doing very well in the market, most especially those tops eth nft projects, the likes of Solana NFT projects are not really pumping as usual due to the low hype and the sharp decline in Solana coin price, but on a good note the hype is not really over yet, just that the bear season of cryptocurrency market entirely makes it look so

The NFT hype is way over, like spoiled milk. Investors start to smart up and realize all the NFT trade is hard to confirm if it was legit. No transparent information about the buyers, the price for NFTs can be easily manipulated or changed hands among their circle for pushing some agenda (tax evasion, shill an artist, free press,...).

I was always surprised when they wrote in the news that they sold an nft with a trash can for several thousand dollars, and there are a lot of such pictures, now there is no such increased demand for NFT, the era has passed...perhaps because of the bull market.

I think NFT hype is not over yet, the market is still bearish and many token is affected by this bearish season, and i think if btc recover the hype of the nft tokens will surely back. So lets just wait and have more patience because in crypto holders always get a big profit.

NFTs were never meant to be hyped and that is not the purpose why it's created The only reason why NFT was hyped last year was because of those arts and collectibles that are being sold at a ridiculuous price. Many people thought that it is a get rich quick scheme until bear season happened.

it doesn't matter if that hype will return or not. What I believe is that it will grow more in the future once more companies adopt to the web3 technology. Like in game industry, some popular game copanies are slowly transistioning to web3 technology that they are adding some blockchain aspects to their game where gamers can benefit from playing.

You've said it yourself. The NFT hype is far from over. But I'd have to admit demand is very low especially during this long-lasting bear market. Several companies (eg: Disney, Coca-Cola, Pringles, etc.) have joined the NFT craze, so it should only be a matter of time before mainstream adoption skyrockets like crazy. While most NFTs are pure garbage, there are some that are quite worth the investment. You'd just have to do your own research in order to pick the good NFTs from the bad ones. There's a lot of money invested into this emerging industry, so it's unlikely it'll disappear soon. Just my opinion :)

Have you looked around the market for any coins or projects that are being hyped? It's no surprise that the NFT is down and there's no hype as we're in the midst of a cold crypto winter. There is no evidence to confirm that the hype is over, we should wait a little longer when the bear season is over and will NFT come back? The hype will only come during the bull season.

Don't be frustrated in the bearish market, because this is normal, because the bearish market keeps the market healthy,
yes, maybe we can call it a correction,
and if many traders and investors say that NFT is over, then the answer is no, because it is.
This is the effect of a bear market, look, not only NFT coins are down, but all altcoins are down

NFT as we know it, especially the majority of the gaming ones turned out to be scams. I am not calling out all the NFTs projects scams but stylishly what I'm saying is the fact that 90% of all the p2e that has ever come into existence came back to be a total scam and anyone investing on p2e is taking a high risk.

I already posted this on WO a few days ago. Let me post it again here.

Here is the interesting update of NFT Market!

Source: Facebook Private Group (http://)

https://i.postimg.cc/nLKGzR0S/298942103-10158326083476780-5413814066954273950-n.jpg https://i.postimg.cc/76xMT3RH/299132658-10158326083501780-1685020095113530039-n.jpg

In your mind every project enter in market for the gain of money, some NFTs are bought by owners form other wallets to build hype the market trend reduces volume I can't find anything else that lowers the volume unlike a token or coin nft is illiquid people choose to save their assets rather than trade for illiquid nft i've checked multipe nft on many platforms and the price floor remains the same with fewer actions once the market turns bullish nft trading will increase this loss of interest may only last for a short time as businesses and institutions start to use nfts.

For some time now, I have been having a collection of different NFTs, not stopping though. I can't imagine what will be worth each one in years to come. Any lover of artwork in crypto would always love to have an NFT. Every NFT has its unique concept of drawing, just come up with yours(idea) and get it market on opensea

About the hype of NFTs, I don't see it ending soon NFTs because hundreds are being sold and drawn each passing day.

I don't believe that NFT hype is coming to an end yet, it's just getting started and bigger companies are seeing NFT as attractive way to expand, Nike and many shoes companies just joined NFT so it's just the beginning for me, the problem with NFT is the lack of usability. Most of them NFTs makes no sense.

Many projects with new ideas and aspirations have appeared on the market. This brings us to the key question is our favorite NFT already hype or a flop? And is it time for a new, more meaningful and exciting venture?

There are a myriad of ways that NFT investors can choose from today. There are some projects that have been mentioned above there may still be others that look very natural from my point of view. We Can Wait and We Will Wait, but not too long, in this life you have to act.

it's still possible that certain NFTs don't seem to work well and it seems too unreasonable, but there are still others that haven't been worked on properly. So I think you are right, my friend, that the NFT sensation will not end soon, in fact there are still many popping up who are introducing themselves, are just running and it seems that there is already a separate segment that is waiting for it. so stay confident that NFT will continue to grow and will have a very potential market in the future.

The hype is too fast for NFT so many people just follow the trend and don't realize it goes by so fast, when the market is still bearish everyone panics and tries to forget it,
but the problem is that Investors are getting smarter and realizing that all NFT trades are difficult to ascertain if they are legit. There is no transparent information about buyers, NFT prices can be easily manipulated or change hands,
so it will be hard to come back

Still a lot of artist continuously creating NFT.  So, I think the NFT hype is not over yet. It is just temporary because of market condition that's why the demand for it suddenly decreasing. Also NFT's are lack of usecase and only those people who love arts and understand it will patronize such NFT arts.

maybe yes beacuse of the bear market? but there are some nft is still profitable ithink ? but mosetly is nft is over ithink it will be profitable soon if the market will be bull run again . we need patience again before the nft will be profitable again

NFt hype down so much now but still some NFt has high price in market. Solona and Ethereum NFt are best so far while other Blockchain still working on that. Coinmarketcap also start issuing NFt for collected diamond. I think we may see big hype in future if it's used for Ticket and autograph etc.

I agree with this. Nft's are different from a meme coin which is a real one that is hyped because meme coins are all the same, they don't have any special use case but nft's has an art, music, games and so much more. If we think about it, arts in real life are also expensive so why not arts in nft's? But of course, we are only talking about those legit arts and not those png/jpeg pictures that looks like they are only grabbed on the internet.

What we are paying here is the effort of the artist. If you want the technology to grow more then you should choose for the hype to come back as this helps attract people to get involved on it but those who are ignorant and are anti nft's will choose for the hype to not come back.

I am not really sure about NFT arts and collections. But NFTs to be used in the gaming industry will continue and it will be the future either play to earn or not. Play-to-earn games with their NFTs are already showing some success although there is still a need for further studies in order to have longevity. Axie Infinity for example should have a fully decentralized blockchain and stop creating more coins when in reality their reward coins are already in an oversupply situation. Developers will play very crucial roles as greedy ones will only destroy their economy. Once destroyed it will be very hard to bounce back as players and investors will avoid it already and will look for new ones.   

the nft market in my opinion is more alive and well than ever even if perhaps the trading volumes on opensea have decreased the nft remain an inexhaustible source of income you only need to know how to choose the right ones and know how to wait

What affected nft hype is currently the dump in cryptocurrency market and I don’t think the hype can come back, I know a friend that minted 1 NFT at 1.5 sol, sol was around $100 after minting the nft pumped to 3 sol per nft  but sol price dumped to $43 which is bad because the amount he bought sol is down by half. Currently if a nft is minted it those not pump they way it use to pump when the market was still good.

Yes NFT hype is over.  You can see it at the history of NFT trades on CMC.  Besides you can also see that less and less is getting attractive to NFT, and many had been burned and is already disgusted of it.

No it isn't the bear market or dump that affected NFT.  NFT are overpriced stuff and some of them maybe a washed trade.  Meaning someone who is know to that person is buying his NFT at a very high price to make an intense HYPE and news about it  If you look at the previously sold NFT at million dollar price, as a person with fund, would you buy it at that price too?  I bet no.

Aside from that the integration of NFT to a Ponzi like game structure  under the guise of P2E do a lot of damage to NFT market.

Not only famous artists are constantly creating NFT but also big companies are starting to enter this NFT field, so saying the hype of NFT is over is incorrect. In a bear market like the present, neither NFT nor topcoins can avoid dumping, so we cannot rush to conclude whether the NFT is over. I believe NFT will continue to be used and its hype will return soon when the bull market comes, maybe it won't be overblown but there will still be a lot of NFT projects going on and developing.

I think that these companies had planned this NFT integration when NFT hype is at its peak.  and released it just now.  I do not think that NFT hype is as strong as before, I think it is already gone now.  NfT will continue yes, but I do not think that it will regain its hype just like before.  The company is just doing this NFT stuff just to follow the trend.

hyper NFT has indeed subsided. but today I see a lot of adoption of NFT in all fields. even in every new altcoin project there is always an NFT project in it. so NFT has now entered into all industrial fields as well. and this is a positive thing. but again I emphasize. that NFT is more suitable for collections and hobbies. and is not recommended as a place of investment.
in january there may be many investors who are interested in NFT so that the monthly volume of NFT has increased tremendously. even NFT is at its peak. but after that interest in NFT decreased steadily. and even from the data taken in May we can see in the image below. that the monthly volume of NFT has decreased by almost 75%. but of course this is because of the global economic crisis situation. and this decline occurred not only in NFT but in various other sectors including Crypto and stocks.
https://s32659.pcdn.co/wp-content/uploads/2022/05/image-97-850x411.png
Sourch:
www.theblockcrypto.com (https://www.theblockcrypto.com/data/nft-non-fungible-tokens/marketplaces/nft-marketplace-monthly-volume)

and if you look at people's interest in NFT, you also see a lot of decline. we can see this from the data from the NFT search keywords on google. Even if the decline is seen from January to May, it can be said that the decline has reached 74% as shown in the image below.
https://s32659.pcdn.co/wp-content/uploads/2022/05/image-96-850x272.png
Sourch :  Google Trends (https://trends.google.com/trends/explore?q=%2Fg%2F11g0g4sbp3)

I think generally people lose their interest because of first, the market condition that is generally down. So, actually, it's not only NFT but people lose interest in crypto in general. Second. because of the hype, so many people spamming the NFT market, OpenSea for example, with "useless" artworks which don't have any further utilities except decoration and a form of appreciation to the artists. However, big investors are still hoping apparently, that NFT will have real utilities in certain aspects of life like games, retail industries, etc so I also still have hope regarding the NFTS industry growth when the market condition restored

I totally agree with you, it seems like none of the tokens are doing well during the bear season so it's normal for NFT to have no hype during this time. Corporations, the company is still investing in NFT so it can't be said to be dead, things are still unclear, let's wait until the bear season is over to see who will stay and who will leave.

Last year we recognize hype in the NFT market as the market was bullish at that time. There was a positive perception of NFTs in various place but when the market turned bearish the hype get down. But it will rise again soon. Although some scam projects with NFT spread negative impact, many believe that NFT will occupy a big place in the next phase of technology.

The hype was overwhelming at the start of the year. NFT market value is growing very fast. but as we see today. all also gradually began to fuse.
more creators and fewer fans. but it is possible that in the future there will be another explosion in the NFT market. we can probably judge now that it's all over. but when a large community or company enters the NFT market, it can be a pump for the NFT market again.

Don't let all the prices of NFT projects go down, let us be pessimistic that NFT will not recover again. Even now, the price of top coins has
dropped drastically, so it's only natural that the price of NFT projects will drop too. But it's too early to conclude that NFT will end,
I think NFT and Metaverse are new trends in the crypto world that are hype in 2021. Then because in 2022 there is a bear market,
hence making all NFT projects price drop very deep. However, it must be admitted that the risk of investing in NFT is indeed quite high,
although NFT is a new trend, it does not mean it is safe to buy. When compared to top coins, I recommend investing in top coins now.
So if we really want to buy NFT when the price is cheap, make sure we do some research and analysis first, so that we do not choose
the wrong projects for investment. I still believe NFT projects will hype again when the bull market comes, Therefore, if we want to buy NFT,
we can buy it at the current price and choose a potential NFT by doing research and analysis.

My view regarding everyone's declining interest in NFT is that the economic situation and conditions are deteriorating. So that many NFT collectors sell their NFT collections.

and the decrease in volume was caused by following the current market flow. namely throughout the cryptocurrency field itself there has been a lot of decline since January. so it's natural that NFT was dragged along too. the hype is over but the NFT world seems to be getting more positive. so the next hype will surely come when all markets recover.

Sometimes the NFT market comes back to life when looking at specific blockchains. I often see, for example, a surge in trading volumes on Avalance or Solana. But it's still a long way from last year's billion-dollar trading volumes. The interest in such assets has clearly decreased now, because in a bear market, most people are trying to withdraw liquidity, not the other way around. Occasionally, there are some small plunges that inflate token prices by 10-20 times, but they are very rare. In general, if you compare with the past activity in this area, I would even say that the hype around NFT at the moment has finally died down.

I don't think the hype is over. I believe the bad market situation is equally affecting NFTs as well.
Having said that, I also think people are beginning to lose interest in it. I for one do not really understand why I should be buying a picture for an outrageous price, couple with the fact that some person have a lot of NFT they have minted and yet, they can sell.

So, this is also making the hype die down Abit.

pfp hype is over - utility, real art and A.I. is moving into NFT space.

for now the nft's is hype over because of the down market but ithink soon it will hype again if the market will like bull again. lets wait what is the n2xt hype after the bear market and bullrun is come

NFT is 100% hype, that's my opinion about that, well, I will further explain why, at 1st why hell this piece of graphic materials has a value where anyone who has the ability to use some graphic software to design some creep images or whatever they want, then suddenly using some blockchain technic then viola! The graphic content has value.. I do remember when it was started, we all know that some rich people bought some of the digital images worth millions of dollars, but I don't if it is real or part of their agenda to catch the attention of the crypto community, and suddenly the NFT matter boom and so many developers ride on that waves, even games use that trend and create some games that no one will know if what's really happen when they play it because you can only saw the result if you are win or lose and that is the day when NFT began,, But today people are now awake, and I see it as an eye opener to everyone, For me, the real crypto has something to offer not the digital content.

Actually nft's hype isn't over yet or slowed down, just trading volume is dumped because of recent incident with benddao - nft staking lending platofrm. However we likely overcome another big incident which could create huge dump in market like 3AC or Celsius incident. TBH, many new nft projects is having great sale in current time and just need to dyor before jumping into those as scammers will increase in the bear market.

It's over, most of the new NFTs out there are exploded in first few days or even weeks if lucky. But after that they are falling over to the ground and losing the price compared to the mint price which is pretty understandable.

Most of the people either the collectors and creators of the NFTs out there, they don't even know what is NFT or even crypto works in the first place and jump into it without learning it. Hence why it's falling over, NFTs are the easiest thing for norm to jump into especially most of the influencers are hyping over this stuff.

I think the increasing interest in Nft and being popular like a while ago is very influential from the work it produces, if the work can attract investors then I think for now and in the future it will continue to be popular and become a token that is taken into account in the market. I think the Hype for Nft isn't over yet, it's just that the market conditions are not normal. I think like that

What makes you believe that if you work on multiple exciting projects, the buzz is still alive? New NFT ventures can still launch after a hype cycle has passed. A hype suggests an influx of projects that follow a trend. For instance, the DeFi craze ceased two years ago, yet projects have appeared and will continue to exist. Only now are these projects more sensible and superior to those that first surfaced during the hype, when the market was overrun with a profusion of frauds, duds, and knockoffs. With NFT, the same thing is taking place.

I think NFT is a questionable area... You know that in real life some artworks find buyers at exorbitant prices. We all know that such events are actually a dirty money exchange. NFTs have a similar problem... But no matter what, NFTs will continue to be used in GameFI systems, land registry and cadastral planning, supply chain and logistics services, and other products for which we can specify ownership. I think NFTs will one day provide very important services in real-life usage areas. We will not give up using trains just because they made weapons out of iron. :)

Also, if you want to check out more statistics about NFTs, you can visit https://www.theblock.co/data/nft-non-fungible-tokens/nft-overview

Some links about this matter
https://www.digitalmusicnews.com/2022/09/06/opensea-nft-marketplace-trade-volume-september-2022/?fbclid=IwAR1b0uyTRMkroT5TuYHoH71OkbNgc0pKmJ0knjSlHgH7erfIOGFRsOUSd5I

NFT Marketplace OpenSea Is In Trouble – Trade Volume Down 99% Since May 1 Peak

We can say indeed the hype is over + Bear market condition then 99% isnt surprising.
Wondering on what would be the next trend next to nft? Guess what?

Let's give credit where credit is due, no matter how diligent the community is, there wouldn't be so many custom locations models if Dreem hadn't put so much work into the editor.

The bear market has decreased demand for NFTs, but that doesn't mean the hype is over. Last time I've read, companies like Coca-Cola and Disney started publishing NFTs of their own on the Polygon (MATIC) chain. This tell us there's still interest in the NFT space among investors, companies, individuals, and traders alike. With how quickly prices have fallen, NFTs that were once expensive in Fiat terms are now being sold at a bargain.

ETH has low gas fees right now, so why not go ahead and buy your favorite NFTs before everything goes back up again? A lot of money is still being poured into NFTs, so it's unlikely they'll disappear anytime soon. Just my thoughts ;D

Don't know how DREEM did it, but even in the beta there are a huge bunch of people there. I literally just created my virtual space and a couple of dudes joined in right away. I didn't even think I'd get so much fun out of it.

I am also among those who still believe that NFT will return to hype again, because it seems that the demand for NFT it is still quite high.
There are still many people who believe in Metaverse and NFT is still not over, if a bull market comes, NFT will likely hype again. Instead of
taking the risk of investing in meme coins, I prefer to invest in NFT. Because I believe NFT will still be a trend for the next few years.
Although my main focus is still investing in top coins, but I set aside about 15% of my capital for investment in NFT. I believe NFT will give me
a satisfactory profit, because as you said several companies in the technology sector invest in NFT. So that makes me even more optimistic that
NFT will get back into the hype again, but really no one knows when that will happen. So we really have to be patient holding NFT until
the market recovers and the bull market comes.

When it comes to nft, I prefer those nfts that can do some good and have fundamentals underneath them.
I can recommend Amulet Protocol, it is a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana.
Amulet NFTs for great perks like Staking Bonus, Higher Token Sale Cap, Airdrop Bonus, Vesting Bonus and most importantly, policy discounts up to 15%!
Such NFTs will be very much in demand, because they are not just beautiful pictures, and an asset that brings and saves money.

Maybe the NFT hype isn't over yet but it's hard to be sure of that, because anything related to NFT has fallen in price and volume, many NFT investors have already suffered high losses due to the influence of the hype, but even if the NFT hype returns but won't get support from the crypto community because high risk of loss and it is better to choose to invest in top coins.

totally agree with you. but a hype does always end like this. the fact is that many people buy nft art that they don't know and are not interested in. but they buy only hoping to make a profit. in the end they are a lot of losers and leave the NFT market. and the hype is over. but the hype can come back when the bullrun returns. but I'm only interested in Game-based NFT. like Buying a Hero (nft) in a game has its uses and we as players need it. so NFT is very suitable in the gaming industry.

NFTs are extremely down bad more down bad than me right now if you can believe that obviously I'm just kidding guys but many nft collections have seen over a 90-plus correction to the downside so people are going crazy and a lot of people are down in their crypto and nfts portfolio which makes a lot of sense so an important thing to note is that the nft market is much more different now than it was just a couple of months ago many people were making thousands and thousands of dollars on monkey pictures and it was crazy you could close your eyes and gamble on nfts and you'd probably come out with a profit however now that just isn't the case people are having a much harder time making money in the current market simply because not a lot of people are buying nfts right

   It's been a few months since NFT became a hot topic in the world of the metaverse here in the cryptocurrency industry. What has made its

noise recently can now be said that it is no longer so noisy and talked about on the social media platform? Although there are still some people

working on projects related to NFT it's not as hotly debated anymore, based on my research here in the crypto world. That's why we can see in

the illustration graph that his ratings have fallen almost to the market.

You can simply check recent OpenSea sales volume to know exactly how wrong you are about NFTs being "dead" or "stagnant." Daily volume for the top 10 NFT collections:

https://i.imgur.com/lRXyiql.png

Yes, a lot of it is b.s. that will fade in value, and a lot of other NFTs are illiquid, but the market is still very much there. Its not going away, ever. This isn't like DeFi or the shitcoin of the month. It's like cryptocurrency for everything else besides currency.

NFT will never be over. Its market may drop in times like this bearish season but it won't last long. There are more metaverse projects starting to develop and in the next few years, this will become the next big thing in crypto. From Bitcoin to Bitcoin+altcoins then comes Bitcoin+altcoins+NFTs and then the next will be with metaverse. NFTs will become a huge part of these metaverses.

I am looking at some of the next good projects with potential and many of them are connected to NFTs and metaverse. Lifeform, for example, the creator of HALO NFTs worked with Binance Labs and will launch its product for public minting of NFTs that are applicable to the metaverse.

You know, unlike other p2e projects, WeSleep seems much closer to the masses. I mean, here to earn you don't need to spend hours grinding useless things. Just sleep like you always do and get crypto for it.

I don't think the hype for nft is over, but looking at the current market conditions, nft doesn't go up like they started, but the sales volume is still fine.

I don't think the NFT hype is over, it's just a temporary drop, although sales in the NFT market have been down consecutively for the past few months probably due to the influence of the downturn in the market.
Currently, NFT is still being looked at by creative economy players to protect their products and turn them into digital assets.
And now, there are also many people who are interested in NFT games, many game developers are still competing to develop games with the NFT system.

That actually makes sense, I honestly think it's over because the ones that I hold have not that much value anymore. There's a price and little value but unlike during the hype of it, they're like from hundreds to thousands and now it's like one single digit of its price.
The sales are still good but it's way too low from the hype that it has before and basically that makes everyone who's disappointed about it to say that it's already over. The next trend might come soon and it will be surpassing the trend that the NFTs have made.
I doubt it that the NFTs could be back to its former hype because that's usually what comes around to the crypto market. When it ends, another one rises and emerges.

Even though NFT market is full of hype,. We all know that everything about the crypto market is majorly hype and the ability of the team to support the project with funds that will make interested investors to jump on the project and invest to keep the momentum high. Although NFT market is just growing and we need to understand that the market will surely get to a level where more investors will jump into it because everyone is looking for how to double their capital so that more profits will increase there worth. I expect the NFT market to keep growing even when making still think it's based on hype.

NFTs are still a thing, even though crypto market prices have been "dipping" like crazy. I'd say demand for NFTs has declined. But the hype is far from over. Major companies are getting into the game, so it would be best to buy and "hodl" prominent NFTs to increase your chances of becoming rich in the future. You're going to have to do your own research to determine which NFTs are suitable for your investment, though.

I believe in-game items and digital real estate will be the ones that will gain the most value over time. The Metaverse is just the tip of the iceberg as the best is yet to come. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion :)

Yes. People realised buying JPG images doesn’t really fetch any value for them. People are more concerned about utility of a NFT project. If utility is not present, people won't buy. Utility matters

NFT is not ending but is on pause, I believe the price of NFT will rise again in the next bullish season,
because it is currently bearish season, so it is natural for NFT coins or NFTs to fall, because indeed this is the effect of the bearish season itself.

I can only give you a hint by using the name of the project - NeonLink. Then try to figure it out yourself. I am sure that you have not been banned from Google and you will succeed.

In my own humble opinion I believe the NFT was over hype in the first place. It came and boom one would have been thinking the boom of it is going to last for a while. There are some factors that I think affected the NFT crypto market. Just few days ago, I read about a particular celebrity in the united state who NFT bored Ape for $1.3 million and just 18 months after. The price of the Bored Ape has reduced to $53,000, loosing about $1.2 million. That was a huge loss and a great decline.

Almost every day news about losses in NFT space are popping out. And that's the funniest shit I've seen in a while. Just when it became hype I knew sooner or later it will happen.

I'd tell you the vast majority of NFTs are pure speculation. Only a small portion of them are useful. We still have foolish investors who buy NFTs based on pictures easily found across the web. This tell us the industry is not mature enough in the mainstream world. Over time, everyone will realize it's not worth buying something that doesn't add any real value/utility to the world.

I think what will ultimately survive is in-game items. In other words, NFTs that serve as digital items on a game. Digital art may also thrive, but that depends if the art itself has some sort of originality. If it's something that was already circulating across the Internet, it won't be going anywhere soon. I'd proceed with caution, especially when the hype isn't over yet. As long as you don't spend more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts ;D

Nope, this is just the beginning, but this is the end of these useless JPEGs they called NFTs, in the coming year I expect us to see the true direction that NFTs will take, the interest is there, and the market is huge but not in the present form we have it. I saw some of the recent hypes JPEGs in the past and I asked myself after losing more than 80% of their value, real NFTs can't be in this form. The brains are there to make it work, but greed is also another thing that is killing innovations in the space some of these developers are rich and greedy, they stopped working on improving their platform and adding value to these NFTs also most of these projects are just copy and paste

I do not see that NFT hype is over. During the NFT hype NFT was most lost for speculations. People only bought NFT to see them for bigger price and make money on speculation. But the market falled and the price of NFT falled too. To have any stable price or grow in price NFT must be useful. It must be able to use not only in speculations.

Not all people win in speculations. Most people lose their money at all. And it is necessary to remember it.

It's not all. but many are already a bit hesitant to invest in this NFT world. one of them, if you look at the price of Justin Bieber's Bored Ape NFT, which used to be just right with the hype, he bought the NFT for $ 1.3 million in January 2022 and now its value is only $ 59,090, a drastic drop in price.

Couldn't agree more with you, mate. This is just the beginning of a long journey for the NFTs space. I'm glad things are improving, as we get past plain-old pictures (JPEGs) disguised as the next big thing in the crypto/Blockchain space. There re far more to NFTs "than meets the eye". With Bitcoin Ordinals, Bitcoin Stamps, and even Soulbound Tokens (a type of NFT), things will only get better in the long run.

All we need is quality content creators that are willing to make NFTs desirable and useful for the masses. Some renowned companies have already joined the game. One thing for sure is that both Ethereum (ETH) and Polygon (MATIC) are the leading platforms for NFTs. It should only be a matter of time before they "explode" in price. The question is: Are you buying and holding NFTs? Just my two sats. ;)

I have different vision. I think that NFT hype is over. Like every hype in crypto industry - it lasts for a year, maybe a bit longer maximum. Why do you think that hype isnt over? I see no loud articles in media about NFT, I see no scandals or scams connected with NFTs. People tried to restart NFT hype, when we had news that NFT now are on Bitcoin blockchain. This fact indeed worried a lot of people, as it made blockchain transactions cost more, but right now, one or two month has already passed and only few people remember about it.

The problem of NFTs was that it is easy to buy it, but it is hard to find a buyer. Now people have bought NFTs, and dont know how to sell it. They froze their money and have to wait and observe how values of their NFT go down (and yes, NFT prices went down heavily) or how inflation slowly kills their investment.

The cryptocurrency market is really down in price and Bitcoin is the father of all alt-coins, like wise Non Fungible Token's (NFTs), The hype in the cryptocurrency market has reduced and many people that not understand cryptocurrency business has lost money as panic selling, come to NFTs hype is over for now, while waiting for Bull Run, all cryptocurrency market we boom. and NFTs will be hype as before and is good time to invest more that has a strong communities and future potential.

I guess people are beginning to get tired of the hype around NFTs. For the records, I was never a fan of NFT and have never minted any NFT. I don't see any future in it and that's my opinion, not speaking for everyone.

I am sure people have stopped believing in it.

Hype is over but only it settled down, not yet dead though because there are still active NFT projects out there and few enthusiast remains in the market. Everything has it's own cycle and the over hype of NFTs was back on 2021 but sad to say prices were going down due to bad and bear market as well. It might have chance to hype it back but no one really knows when it will be.

But do you see the hype coming back with the bullmarket? BAYC floor price is resting in a good support imho if someone believes that you can do TA on that.

Lack of liquidity is problematic for someone like me who likes to exit fast if necessary. But it isn't issue for actual collectors. When collectors IRL store actual physical stuff, they are not planning to flip it instantly, they wait for the right moment and right buyer. And they even have to store their goods physically, sometimes for years until right buyer comes along. So i see something like reddit NTF collectables as an actual investment.

I don't own any nfts at the moment but i've been looking for some good ones to get into. Prices start to get where i want them to.

Chance to hype it back? I dont think so, after it was exposed that these NFTs especially the digital artwork doesn't really have that much value like the whales and celebrities were hyping up before. Remember the bored ape NFTs, those were some overhyped stuff sold by hundreds or even millions of dollars for some of the other NFT artworks during the introduction of the NFTs in the market.
Again, I don't see it coming back up. But I do agree there are still NFT based projects that are still in business today.

I feel like we are about to enter real bull market, but I dont see that NFTs gonna have a significant place in that play. I expect that cryptocurrency market is going to be hit by another hype thing. We already got NTS, memes, metaverse, AI and etc. Something new gonna appear and cast shadow on everything that we had in the past. I always associate NFT with bored apes. They are still expensive, but not as expensive as they were in the beginning. With art, things should happen opposite, arts value must grow with time, but with apes, their value either stagnate or go down.

Till now, I'm not understand where the value of them  :D
Well, same as other people predictions, NFTs may not going to be as hyped as before, even for NFTs that doesn't have a utility might just be abandoned. I think NFTs can have long-term value are game NFTs and NFTs that have strong artistic value, not just memes. Even games still need players, if the game fails and it's too easy to generate a new NFT, then I think it will also be easy to abandoned by their players for example MyDefiPet and Axie which are no longer popular.

I don't like NFTs because of the mountain of spam. And to this day I still can't find the essence of the NFTs themselves. As to what makes these NFTs valuable other than just because they offer exclusivity like the Apes project a while back.

I also see that the NFTs hype is coming to an end. People are starting to question what's the point of them buying an NFT? Honestly I used to see NFTs as a place where the super rich spend their money.

Justin Bieber spent more than $1.3 million on NFTs last year. Currently, the value of that NFTs is around $59,000. It says all.

The people who will make real profits are the ones who bought them at a low price before they became popular and sold them when the prices were high. Now NFTs become a joke to me, and it makes sense why their value is crashing. Junk items.

It is not a fact that someone was able to get very rich buying and selling the most expensive nft. Maybe it was fake buying and selling from themselves or lies on the sites where the collections were sold. Either way the hype has faded and nft's are no longer worth as much as they once were.

This is actually the history of crypto currency that hype in different categories comes in market at different times and investors enjoy it more at first and later they look for something new. If good projects run NFT then surely investors will accept it but if scams spread then NFT will not survive for long.

The hype surrounding NFTs has subsided to some extent compared to the peak of its popularity. However, NFTs continue to be a significant and evolving aspect of the digital asset space. While the initial frenzy may have calmed down, NFTs are still being actively traded and utilized in various industries, including art, collectibles, gaming, and more.

NFTs have no real utility other than being purely-speculative assets. Only a small fraction are actually useful. It's hard to turn a profit with your NFT, especially when people quickly move on to the next big thing in crypto. I see NFTs as a passing trend meant to enrich those who get early into the game. Whales and NFT creators are the lucky ones, while the rest are left behind in the dust. The hype will revive itself once BTC turns bullish for an extended period of time.

I'm yet to see whenever existing NFTs will become a big hit by the time this happens. I wouldn't suggest you go all in NFTs to help avoid huge losses in the long run. Who knows what will be the next thing to take the crypto world by storm? Just my thoughts ;D

There's some truth to this -- most (probably 99.9%) of all NFTs will trend to zero. However, there's a few brands and types of NFTs that appeal to genuine collectors (not just speculators or flippers). They are people who view these NFTs as collectibles, stuff they want to own for a long time.

Now the vast majority of NFTs don't fit this category, but a lot of the ones that do are valued for being part of NFT history (https://bitcointalk.org/index.php?topic=5406123.0). They were made at a time before it was fashionable to do so, out of pure artistry or experimentation, and a lot of early NFT creators had no idea whether or not there would every be any profitability involved in their endeavor. Nowadays a lot of NFTs are pure cashgrabs and yes, those are the ones that will go to zero first, because they have zero appeal to actual collectors.

NFTs have value based on ownership and origin, even if they are based on assumption. They made checking, finding, and proving digital differences easier. Speculation drives markets, not just NFTs. Bitcoin and altcoins are mostly dependent on guessing. Not going "all in" applies to all purchases, not only NFTs. NFTs may lead to more blockchain application in art, music, and real estate. NFTs may become more than a fad, however the future is uncertain

Recently there was a micro hype on NFT on the Bitcoin network, but the scale of money flowing into this hype is of course extremely modest compared to what was happening in 2021 in ETH or 2022 in Solana.


Without any adoption and utilitarian qualities, NFT will long be associated by the crypto community with scam and shitcoins that you should stay away from.

It seems that NFT is not as bright as it appeared at first, but now many people are starting to not believe it or start to leave because of the uncertainty of almost all NFT projects, in my opinion. But on the other hand, you are right that there is still speculation to continue buying and hoping for surprises. But it must be admitted that not as much as the start is it a sign that a project like this is no longer attractive and will not provide sufficient profit even in the long term.There will always be an awakening, and there will also be a gloomy period, which may be a sign that it will disappear. Everything is returned to the market, whether it is still attractive to investors.

     -   I think he's not that loud now, NFT was loud when the play to earn games were trending, when the axie exploded. The cryptocurrency market is back to normal. Although there is still NFT and never gone.

Maybe it depends on whether a famous person will promote NFT again in the crypto space. Its noise can probably be revived, but if not, the hype is over.

I might not say that the hype has died down, because the market conditions aren't favorable. We should wait for a bull run before drawing any conclusions about whether there's demand in the NFT market. If I express my opinion, I'll simply state that NFTs have never appealed to me I lack confidence in NFTs and see no benefit in holding onto them. Nevertheless, many people are actively buying and selling them. Similar to the way numerous low-value cryptocurrencies are launched, the situation with NFTs is no different; there's no guarantee of stability or value increase by holding onto them. It's better to invest in Bitcoin or Ethereum at least we know they tend to rebound positively during a bull run, which isn't the case with NFTs.

Not yet over but more likely just staying around quietly because there are still NFTs been bought and sold in the market that's why it's not yet over. The market sentiments we have dictates the trend and hype of every projects, NFTs are not exempted of that. Nonetheless, NFTs will surely began to make a hype once we are entering the bull market seasons next year or two.

There are 10 million holders of Reddit NFTs alone, and many of them own several nfts so they can combine them in their avatars. I already sold mine as i got several paid and free versions. So the volume of trading might be down but i am thinking this reminds me of dogecoin bear of 2015 when everyone thought it was over. When in fact we had seen nothing yet. Not only dogecoin made millionaires, but there were bunch of other meme tokens coming.

And some current nfts usecases actually have a good reason to exist. Like reddit nfts for example. Yeah, they are purely for fun, and decoration, but that's what's life is about.

One would hope NFTs become more useful than speculative in the long run. With upcoming scalability upgrades on ETH, I'm certain the industry will mature at a very fast pace. Big names like Pringles, Coca-Cola, and even Mattel are getting into the NFT craze. These companies mean business. We may see a future where physical art, collectibles, and even certications/achievements/diplomas will all transition to the Blockchain. You combine NFTs and SBTs (Soulbound tokens) and the possibilities are endless. This will truly enable a digital era in the long term.

I'd say the NFT hype isn't over yet, but it's starting to fade away at a slow and steady pace. If you're smart, you'd take advantage of cheap market prices to snag prominent NFTs before they "explode". Who knows if we'll see more people getting rich out of NFTs over time? Just my thoughts ;D

@Abiky. I very much agree. NFT's hype presently might be over, however, similar to altcoins, tokenization and DeFi, it is clearly not over for NFTs.

I speculate if gaming companies can find where they can collect much of their profit, NFTs in gaming might make a big recovery. However, only the new projects might takeover. The old play to earn games like Axie Infinity might not return to the 2021 all time highs we have witnessed.



Many traditional or “Web2” video game studios around the world are developing new games that leverage blockchain networks, cryptocurrency, and NFTs. Some of the game industry’s largest studios globally are exploring blockchain games, with appetites spanning across genres and platforms—from PC shooters to mobile games and multiplayer metaverse worlds.

And a majority of the game publishers on this list are headquartered in Asia, with just a few Western firms in the mix—a dominance that echoes DappRadar’s prediction that Asia could rule the Web3 gaming space.

Source https://decrypt.co/142527/from-square-enix-to-ubisoft-the-biggest-publishers-building-nft-games

I think it's just the start, people got a taste of what NFTs were with the first generation centered around art but now we may start to see a new generation of NFTs that are built to be productized and incorporate all sorts of features and ideas built a top the first generation, ranging from 2earn concepts, commerative and travel (Trossard) tokens to shipping tracking, authentication (LYX) and even online digital identity.

I've discovered that there's always a period of less activity in the cryptocurrency industry. The period where we had several persons making a fortune selling NFTs are no longer in vogue, the interest of cryptocurrency enthusiast has shifted from NFTs to something else, as there's no more craze about keeping some NFTs which may materialize in the future.

The cryptocurrency market is very wide, when Non Fungible Token's NFTs was hype in the cryptocurrency market many people are jumping into NFTs, but I was not move at all, because I still prefer investing in Bitcoin and other alt-coins that already established in the ecosystem.

But I'm not sure, there's only a slight chance for the NFT hype to return to its original state. Many of the NFT owners sell their NFTs at a low price. The NFT hype is over and replaced with the memecoin and other altcoin hype. The bullrun season still seems to be focused on Bitcoin and some potential altcoins. For NFTs, maybe only a few are starting to rise, but that doesn't guarantee to reach the top price again.

I hope it won't come. NFT space is pointless and it seems like there are more scamming in this space than in any other crypto market.