Nfts are altcoins in pictures

[uneng]

NFTs go beyond artistic pictures. They are supposed to be unique virtual collectibles. The most common NFTs we see are pictures, because it is easier to produce, create and launch for speculative profit and hype.

But the most useful NFTs are the virtual items which can be used inside online multiplayer games or metaverses. This is the real practical usage for NFT. Unfortunatelly this potential isn't being explored by the industry, as there aren't viral NFT games and metaverses going on right now. This niche is pretty dead, saturated and vicious in this year of 2022.

[AmoreJaz]

NFTs go beyond artistic pictures. They are supposed to be unique virtual collectibles. The most common NFTs we see are pictures, because it is easier to produce, create and launch for speculative profit and hype.

But the most useful NFTs are the virtual items which can be used inside online multiplayer games or metaverses. This is the real practical usage for NFT. Unfortunatelly this potential isn't being explored by the industry, as there aren't viral NFT games and metaverses going on right now. This niche is pretty dead, saturated and vicious in this year of 2022.

metaverse is still in the early stage  so i won't say, this niche is already dead. let's see in the coming months or years, once devs are seeing the demand with meta, they may develop this into something attractive to all generations. as people are still looking for possible ventures via digital mode, metaverse has still the chance to blow up in the future.

[dbc23]

Nfts are altcoins in pictures format.
It obeys the rules of supply and demand.
NFTs seems more like Art.

I agree that NFTs are art but a lot of people make NFTs carelessly and hope that their NFTs will go to the moon. I'm not a fan of NFTs but when I see an NFT with beautiful art it feels like I want to invest there and I want to have some shares from that art.

But generally the supply to demand ratio for the NFT market is so not proportional, Some beautiful unique NFT creative works are still lying helpless on Dapps with no interest from buyers or investors. It takes extreme promotion to make an NFT work marketable which makes it slightly different from the Altcoin market where exchanges and project managers help promote and launch their coins,  in NFTs it takes extra to get investors attracted to those tokenised art works.

[zasad@]

NFTs go beyond artistic pictures. They are supposed to be unique virtual collectibles. The most common NFTs we see are pictures, because it is easier to produce, create and launch for speculative profit and hype.

But the most useful NFTs are the virtual items which can be used inside online multiplayer games or metaverses. This is the real practical usage for NFT. Unfortunatelly this potential isn't being explored by the industry, as there aren't viral NFT games and metaverses going on right now. This niche is pretty dead, saturated and vicious in this year of 2022.

metaverse is still in the early stage  so i won't say, this niche is already dead. let's see in the coming months or years, once devs are seeing the demand with meta, they may develop this into something attractive to all generations. as people are still looking for possible ventures via digital mode, metaverse has still the chance to blow up in the future.

Meta has pumped $36 billion into its metaverse and VR businesses since 2019. These 4 charts show the scale of its extreme spending — and huge losses.
https://www.businessinsider.com/charts-meta-metaverse-spending-losses-reality-labs-vr-mark-zuckerberg-2022-10
I read that investments in the metaverses are declining and companies are losing money because people do not want to live in these metaverses, and scammers use cheating opportunities to earn money.