NFT ?? What do you think about it ? ? ?

[isaac_clarke22]

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I won't even be surprised if some random investor of NFTs just bought a "dick" art in some random site that can just be replicated easily through MS Paint. There are a lot of people that are having misconception between NFTs and digital art and they seem to merge the meaning between the two.
Not sure how do those buyers think of its future value, but surely it will still look the same anyway regardless.
If I wanted to buy some digital arts, I would just hire a digital artist and get it in a "appropriate" price.

[Cling18]

honestly having NFT arts valued at millions seems like absurd idea even though i honestly really like the technology of NFTs but I think it's just like some kind of manipulation, right now the value of these NFTs are falling apart mainly because of the fact that these NFTs has shown it's rather low utility I guess but hey, at least they still got their NFTs arts even though the value has sink so significantly.
I'm more inclined with the idea of NFTs being taken advantage in gaming and authenticity of products than these NFT arts honestly, the technology is awesome honestly.

NFT arts could easily be imitated so I don't really see that its value is worth it. I would rather use my funds in investing with good coins than purchasing NFT digital arts. NFTs are also having a hard time dealing with the market situation so, despite the potential, they couldn't rise and strike a good position in the market. It may take time before they reach a good spot because they will surely just get along with the market recovery period.

[Vickysagar]

I don't see NFT as a good investment in the long-term, and I don't see art value in them. So I don't really see a point in NFTs in their current state.

[bakasabo]

NFT is a huge swamp. doomloop, show me please something worth investing. I think only "Bored Ape Yacht Club» are the one who still keep high price, everything else, that used to be on hype have lost their value. I see no future for NFT as an instrument of investment. Even bear market with «discount prices» does not create NFT as a great investment. Imho, right now they are more like fun pictures, then something valuable. It was already said many times - NFT hype is gone.

That's weird way to put it, because you might as was say "show me something worth investing in altcoins". Because if you treat NFTs as one thing when it's actually huge amount of of projects, sure, most of them are garbage, but you might as well say that you don't see future in cryptocurrencies. Because also in those, 99% are not worth investing.

Same things apply. And if you are talking about real world use cases; aside from form of payment, most altcoins don't have those either.

Indeed, most altcoins does not have a real use case, but as to NFT - the percentage of no use case is many times more. As an investment, any altcoin is much better than NFT. Even an altcoin without use case is better than NFT. Because you at least try to substantiate why buyer should look at your altcoin and buy it, while NFT - it is just a picture. Try convince someone to buy NFT that you have. Because NFT is only a hype, but any altcoin it is at least an idea and attempt of a technology behind it.

[Silberman]

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I won't even be surprised if some random investor of NFTs just bought a "dick" art in some random site that can just be replicated easily through MS Paint. There are a lot of people that are having misconception between NFTs and digital art and they seem to merge the meaning between the two.
Not sure how do those buyers think of its future value, but surely it will still look the same anyway regardless.
If I wanted to buy some digital arts, I would just hire a digital artist and get it in a "appropriate" price.

I am not going to deny that at first I thought NFTs could have a use case for the artists that mainly use a digital medium to express themselves so they could sell their art for a good price, but very quickly it turned into nothing more but people trying to sell their low quality art to others, so it became useless as a tool to those artists, but in a way it is not so bad as those which truly have talent can always move to a physical medium, create great art and sell it for a fortune anyway, proving that NFTs were never really necessary.

[OgNasty]

I’m starting to see all kinds of new NFTs and utilities for them recently. I think most of the “artists” selling pictures have gone the way of the dodo bird leaving those who are actually building functionality for their collections. I just came across an application that lets you be your NFTs on video chats or streams. That seemed like a pretty cool thing to do with NFTs you own if you were into that sort of thing. People are still building…

[zasad@]

To date, most NFT projects are of little value to the ecosystem. When these tokens have a real use, for example in popular computer games with large audiences of users, then the market will develop rapidly. In the meantime, this market is full of scammers, and most NFTs have lost over 90% of their value. And it’s not a fact that their price will rise, unlike altcoins.

[o48o]

Indeed, most altcoins does not have a real use case, but as to NFT - the percentage of no use case is many times more. As an investment, any altcoin is much better than NFT. Even an altcoin without use case is better than NFT. Because you at least try to substantiate why buyer should look at your altcoin and buy it, while NFT - it is just a picture. Try convince someone to buy NFT that you have. Because NFT is only a hype, but any altcoin it is at least an idea and attempt of a technology behind it.

Well i agree to disagree, as i don't see an idea or any new tech under majority of altcoins or tokens. In fact i see them more dishonest as they are often claiming to solve something that doesn't need solving. While collectables don't pretend to be anything else what they are. They are similar to doge in that way.

There are altcoins that are actually doing something interesting, but one can see erc721 and 1155 interesting as well.

[RealMalatesta]

NFT arts could easily be imitated so I don't really see that its value is worth it. I would rather use my funds in investing with good coins than purchasing NFT digital arts. NFTs are also having a hard time dealing with the market situation so, despite the potential, they couldn't rise and strike a good position in the market. It may take time before they reach a good spot because they will surely just get along with the market recovery period.

Even though I agree with you, it's about ownership and not being able to use it. The old "I took a screenshot LOL" type of thing misses the point of NFT, it's not about being able to use it or be the only one to use it, it is about the fact that you have ownership of it, it's yours and nobody else's. You could see Mona Lisa as well on google, or you could make it your twitter profile picture, but you do not OWN Mona Lisa right? Same logic.

One is digital and the other physical, there is a difference, but the idea is the same when we are talking about ownership. In the end if you really want to be able to provide something great, then you need to realize what it is and what it isn't and fix what it isn't.

[isaac_clarke22]

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Yeah and I am pretty sure there would be more "try hards" out there thinking that they can just draw trash and earn millions from it. If you want to be a reputated digital artist or earn a lot, NFTs are not the way to go now. I am pretty sure those who had bought some of those trash NFTs are likely questioning their decisions right now.
If I was a digital artist, I would just post up my works in Behance and that would work far more better than attempting to sell those in OpenSea as NFT.

[shinratensei_]

To date, most NFT projects are of little value to the ecosystem. When these tokens have a real use, for example in popular computer games with large audiences of users, then the market will develop rapidly. In the meantime, this market is full of scammers, and most NFTs have lost over 90% of their value. And it’s not a fact that their price will rise, unlike altcoins.

well it's true if NFT is just being utilized for random arts eventually this will never find bigger valuation in the market, had it being used massively for something that has more utility it could definitely opens up more opportunity, the thing with NFT is that it's being considered rather failure technology because it's frequently being used for these arts which has shown some silly valuation and attempt of manipulation, even though there are so many of utilities that nft offered but it gets overshadowed with arts and its value manipulations.

[sajeeb21]

I concur with it that it is overhyped and I likewise accept that certain individuals exploit it to sell workmanship regardless of whether the craftsmanship is made by youngsters or a kid. Indeed, even an image picture is likewise sold as a NFT and I don't know why that individual got it when many individuals approach it and even remember it for a video or even in an article. Not that I could do without NFT in light of individuals who are exploiting it but since you can likewise acquire benefit yet I figure the promotion will stop sometime.

[drac970815]

I think it's an overhype thing. Btw I have some free nfts from airdrops and giveaways. Some don't have value but some sold for 1-100$. But among them that NFTs sold for 20-40$ now don't have value. So think twice if you put more money in the NFTs.