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Author Topic: Quick Look of NFT, Do People Still Have Opportunities?  (Read 118 times)
RyanHuang
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September 29, 2020, 08:26:41 AM
 #1

DeFi went viral for more than three months and is now gradually cooling down. NFT is becoming a hit (NFT, Non-Fungible Token, some people call it ERC-721 token). NFT is issued according to the ERC721 standard. Non-fungible tokens are not divisible, can’t be replaced.

According to NonFungible data, NFT’s trading volume amount, average price and total trading volume skyrocketed on September 21–22. MXC Global is the first on to launch the NFT index products. Other exchanges have also launched “NFT section”, similar to the previous “DeFi section”.

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September 29, 2020, 10:42:52 AM
 #2

Did you know that if ERC721 has already created for the purpose to be the security coin that will meet the regulatory standard? It will not offer any utilities but the main aim for the NFT token to be a token that can bring the holders the dividend.
I think that this trend already exist since a long time ago. If you were the old adopters of crypto and so many security coins have already issued.
NFT is just a way to call the security token into the new name but it has no differences.

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optimisticcm
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September 29, 2020, 10:57:35 AM
 #3

These were existing for long and we should know that NFTs do not represent a single project rather they are used for like copyrights were used traditionally so NFTs are for the ownership or registration of an individuals work, product or service. Yes it can play big role in future but it will tale a lot of time for complete awareness and usage.

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ampu
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September 29, 2020, 11:53:12 AM
 #4

NFT is a trend, it's unique and unique in its way. In the future, there will be many projects related to NFT, popularly game. We can develop anything in the game and have real value. Currently SAND has created an online real estate NFT on its space. If MOBA games make NFT items then they are worthwhile and engaging players.

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September 29, 2020, 12:11:16 PM
 #5

After DeFi it looks like the trend is slowly shifting towards NFT related projects. I have already seen some NFT projects like MEME, RARI, and ARTE giving exceptional returns to the investors now would be good to load up on some NFT projects I guess.
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September 29, 2020, 01:08:07 PM
 #6

NFT creates unique and unique digital assets. I remember the Cryptocat craze of 2017, the cats created on the Ethereum platform sold for a very high price. The ethereum network is congested due to part of the game's influence.
In the future, NFT will serve in the video game industry, representing digitalized assets such as real estate, cars, art pictures ...
We will have multiple exchanges to auction these NFTs.

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September 29, 2020, 04:36:24 PM
 #7

I think first we should see the tokenization of traditional assets lile stocks, commodities, real estate and other financial products, NFTs are an even finer sector and something which seems to me as a distant thing because we first need crypto mass adoption then tokenization then defi and then NFTs in my opinion.

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September 29, 2020, 05:46:14 PM
 #8

I think first we should see the tokenization of traditional assets lile stocks, commodities, real estate and other financial products, NFTs are an even finer sector and something which seems to me as a distant thing because we first need crypto mass adoption then tokenization then defi and then NFTs in my opinion.

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October 03, 2020, 10:54:36 AM
 #9

DeFi went viral for more than three months and is now gradually cooling down. NFT is becoming a hit (NFT, Non-Fungible Token, some people call it ERC-721 token). NFT is issued according to the ERC721 standard. Non-fungible tokens are not divisible, can’t be replaced.

According to NonFungible data, NFT’s trading volume amount, average price and total trading volume skyrocketed on September 21–22. MXC Global is the first on to launch the NFT index products. Other exchanges have also launched “NFT section”, similar to the previous “DeFi section”.

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  Here is a opportunity-  NBA TopShot, from team behind crypto kitties, is now Open to public after making 2 million$  in NFT Sales.
https://cointelegraph.com/news/nba-topshot-opens-to-public-after-closed-beta-drives-2m-in-nft-sales

NBA Topshot made a crazy sale on the launch, and they are just getting started. I remember when crypto kitties were launched on Ethereum it made the gas price go crazy high. Good thing they are now using Flow otherwise they would have broken ethereum again




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bitbollo
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October 03, 2020, 11:25:18 AM
 #10

I wouldn't be surprised if in 50 years our grandchildren will collect these NTFs as we have collected coins or stamps.
I mean auction catalogs, large-scale distribution, specialized shop: a real "vintage" object to keep in your wallet both for an "aesthetic" discourse and for a question of value.

If you think about some well-known NTFs there are even a few tens of thousands.
Many will be lost over time or will never be put on the market, but this is a market that continues to grow over time.

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