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Author Topic: NFTs everywhere !  (Read 332 times)
Eureka_07
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April 05, 2021, 05:29:10 PM
 #21

How long do you guys think thesse NFTs will last strong at the market? Are these are just like those scam projects that went hype a few years ago or it is really different and could have a great help for a specific problem currently existing? I've seen so much hype currently on binance and at Swaptoken (if I remembered it correctly). Even on a listing of these tokens, like Alice which went up to $60 on the day of listing, it was privately sold for $0.1. So much pumps.

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April 05, 2021, 07:12:42 PM
 #22

As long as I am concerned, NFTs are just as useless as shitcoins to me, apart from gaming in the blockchain space, I don't see any other uses for them, they are just over hyped for nothing, those who have money that actually don't know what to do with the money are the ones going round buying NFTs, giving value to things that ordinarily shouldn't worth much if at all, any value, but then I know that this is one thing with hype, I just hope that people don't loss big when eventually the hype dies down and everyone is back to their senses.

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April 05, 2021, 07:20:40 PM
 #23

why are NFTs adopted by more and more projects in the world of crypto? because they want to ride the trend / hype of the moment and somehow increase their earnings, when the hype will be over no one will incorporate the nft in their projects anymore
The hype train will force people to include NFT in the projects we see for sometime and once that trends dies we will hear about another hype dominating the market and eventually a few projects will remain. I am not sure what to make of these hypes as the trend keeps changing every few months and i am not even getting the time to study them.
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April 05, 2021, 08:23:13 PM
 #24

By participating in several quizzes and amas i was able to get a considerable number of informations about many new crypto projects but the thing that maked me really wondered is that almost all of them adopt nft's...do you think guys this normal and in your opinion why nft's get all this huge attention from crypto developers?
Investors are the ones crazy about NFTs that's why you see almost every crypto projects now adopting NFTs, we all know NFT is the new trend in the crypto space, from selling art to selling Tweets on Twitter, it's really crazy how someone would spend $500k to buy a digital house Cheesy, last year was DeFi now its NFTs just enjoy the trend and try to make some money from it before it cools off.
Smart people made lot of money from DeFi hype in 2020 now we have NFT which is so well received by adopters, I'd say just ride along with the wave and take your opportunity before it's too late, altcoin season is already here and it's highly recommendable to buy some NFT and Hold
True, no point knowing why so many projects adopt NFTs, just join the trend and earn big time from it.
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April 05, 2021, 08:27:49 PM
 #25

NFTs are TBH nothing but proof of ownerships that you hold something in an image that isn't yours and can't be, but in an imaginary way, it can be yours so that you can keep a hold of that specific NFT in order to get a feeling that you have it. Let's say you want a BMW car but you can't afford it, now if someone from BMW sells an NFT of the same car but for a very low price and you can afford it, you can buy it and think that you own that car (but you don't). The interesting part is, your purchase of the NFT and that NFT itself is then included as a transaction in Blockchain and saved forever. To me, NFTs are a bubble and will burst one day, but let's see how it goes.

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April 05, 2021, 08:28:41 PM
 #26

Do you think NFT is just a fad? as we saw ICOs in 2017 and 2018? I see that it is a HIYP-style business, they capitalize, distribute profits and then leave, I don't know but I see it that way, do you think NFT has a future? even above Defi projects? I read many projects that are based on NFT launches, I was very curious about this topic, the time of ICOs is happening like in 2017 where they rose a lot thanks to the bullish trend.
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April 08, 2021, 06:50:00 AM
 #27

Well, anything new or innovative gets hype so I'd say it's pretty normal in the crypto space that the attention is on NFTs. I think it's the profits that's matter to them that's why there's so much attention to it.

NFT is basically like a place to record the ownership of a digital art and I don't really see much to it since we know digital arts can be copied thousands of times for free. For an average owner of NFT, they can't do anything much with plagiarism, especially in the internet (that's what I've understood so I might be wrong). Unless you can totally own something physically by buying the NFT of it, then that's going to be good.
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April 08, 2021, 08:10:40 AM
 #28

I agree with your statement "NFT is everywhere". Everything is simple where there is demand there will be supply.
I already won 1 nft in the airdrop and was able to sell for 66.6 bake although I could sell even more expensive...
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April 08, 2021, 03:34:21 PM
 #29

when the hype will be over no one will incorporate the nft in their projects anymore
Well that was true if current hype NFT is only temporary and will become mainstream later but still NFT Offering new system that giving everyone unique concept on intangible asset, It can be used for everythings, Copyright, Identity, Collectible item, etc. The most anticipated things for example something like Baseball, NBA, Game card which can't be duplicated, Collectible market is huge and Blockchain disrupting the system to become much better so i don't agree with you.
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April 08, 2021, 03:37:28 PM
 #30

By participating in several quizzes and amas i was able to get a considerable number of informations about many new crypto projects but the thing that maked me really wondered is that almost all of them adopt nft's...do you think guys this normal and in your opinion why nft's get all this huge attention from crypto developers?
The only thing about NFTs is that it is new and now it seems that very single project wants to benefit from this buzz word. When properly applied, NFTs can be a real asset as these are unique tokens unlike traditional tokens where you have more of the same. You can imagine in a game for example how well NFTs will perform but I'm not so sure about them being present in every project...

Ultimately, it is your decision to make if the project you're looking at is really  NFT- material or not.
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April 08, 2021, 03:54:23 PM
 #31

why are NFTs adopted by more and more projects in the world of crypto? because they want to ride the trend / hype of the moment and somehow increase their earnings, when the hype will be over no one will incorporate the nft in their projects anymore

Yeah, at the end only few of this project providing NFT will survive, many of them are temporarily, make hey while the sunshine kind of thing, same thing with all the defi hype, it is surprising to see how much people are willing to throw into a single NFT art, if some people are willingly to pay so much on a single art it means this trend will be huge, i can tell things are just getting started.
 

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April 08, 2021, 04:34:51 PM
 #32

By participating in several quizzes and amas i was able to get a considerable number of informations about many new crypto projects but the thing that maked me really wondered is that almost all of them adopt nft's...do you think guys this normal and in your opinion why nft's get all this huge attention from crypto developers?

Basically, NFT hype is surging and everyone is so much bullish on it like DeFi. On the other hand, IDO (Initial Dex Offering) is also on another level as investors are getting more than 10x ROI by simply participating on it, even some projects give 300x ROI. So, it's a mixed trend at this moment which will be downtrend after few months and every team is trying to hype up their projects and that's why team is prefering to do something into the DeFi+NFT marketplace with IDO on popular platforms.

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April 08, 2021, 05:02:08 PM
 #33

NFT’s it a better way to interact with different markets; perhaps it’s gonna be a long trend, because you can find fake item in every market. Now with NFT’s people can assure originality.
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April 08, 2021, 05:45:19 PM
 #34

The NFT is like a digital certificate, so there is no doubt that massive growth will be where we will find it. because it can only be recognized by one legal owner, namely you (for example).
legality that no one else can claim.

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April 09, 2021, 09:23:04 AM
 #35

NFTs get attention from developer is a good sign, because we need to updated this technology untill it can be used for average artis guy. And for ew technology the hype and bubble price is common, it will goes to normal in the matter of time.
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April 09, 2021, 09:30:17 AM
 #36

That's because NFT is trending, almost all new projects are selling or distributing NFTs, it's just like early last year when DeFi was introduced, everyone was all crazy about it until there were thousands of projects with the DeFi tag, most of them even turned out to be scam,lastly NFTs gets the attention of investors not the developers, the devs just add it to make the project more appealing.
There are still many devs working with NFTs. When the fees of ethereum are so high, devs mostly move to other blockchain such as tronx or BSC to continue making impacts. Do not underestimate NFTs. I do believe this invention still have a vacant slot for more development.

Scammers are actually everyone. We need to protect ourselves from all kind of fraud. In this cyber world, hackers, phisers and thives can be anyone. Make an intricate whenever you decide to make an investment
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April 09, 2021, 10:06:40 AM
 #37

By participating in several quizzes and amas i was able to get a considerable number of informations about many new crypto projects but the thing that maked me really wondered is that almost all of them adopt nft's...do you think guys this normal and in your opinion why nft's get all this huge attention from crypto developers?
Same thing happened when ICO, IEO and DefI, so NFT is just another hype so every developer interested in making a throwaway project to make millions of dollars. When something is already in the trend you should avoid investing on it.









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April 09, 2021, 10:37:58 AM
 #38

If you can't defeat them, join them.  Wink
It is the hype and is becoming more inviting to a lot of investors.
Why evade them if people with money is there?

It gave chance to a lot of artists, computer geeks and those who can contribute unique ideas.
Some may say it looks alarming and they cannot understand the subject of it. IMO, if it helps then let it be.
But I'd be careful too. One that goes this high up could easily go down any minute. Just keep your eyes open.

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btcltcdigger
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April 09, 2021, 10:46:58 AM
 #39

By participating in several quizzes and amas i was able to get a considerable number of informations about many new crypto projects but the thing that maked me really wondered is that almost all of them adopt nft's...do you think guys this normal and in your opinion why nft's get all this huge attention from crypto developers?

NFT's are a new big thing now, so every sheep hearder will say they have NFT's.
If you remember, same thing happened with ico's that are all now "defi" in some way or other.
isaac_clarke22
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April 09, 2021, 12:16:07 PM
 #40

~
It even became like an April Fools joke here in the forum if one was aware of it. Cheesy
Not sure what it is really though, but from what I researched it is something that is "interchangeable" token.
It is getting hyped lately, and I think it is just like gonna be one of those trends back then like IEOs.
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