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Author Topic: What do you think about NFT?  (Read 403 times)
laredo7mm (OP)
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April 28, 2021, 08:30:49 AM
 #41

NFTs as in current form are quite silly really. You basically own the link to a site that is centralized. Non Fungilble Tokens as a concept is not silly though and they have ton of potential. But right now any kind of real content ownership is legally blurry to say the least. We need regulated DeFi to fix this.

Yes, we have seen many new NFT projects launched without any pre-planned roadmap. Investors also invested in those projects without any use case. Right now those project just offer an attractive NFT and their own without any proper use case. I do not think the only use case of NFT is in the gaming era. Many influencers created their own NFT and offer their service to their NFT holders.
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July 30, 2021, 10:01:42 AM
 #42

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos
 NFTs (non-fungible tokens) are unique digital assets that are sold via the internet,
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July 30, 2021, 11:04:12 AM
 #43

I think NFT is the latest innovation which is quite good and can't be said to be useless considering that there have been some pretty good NFTs for the past few weeks. and why I say this is quite good is because basically there is a new change that is quite attractive to some young people today, namely the world of games like the current hype, namely axie infinity, with the game system they will be more interested in NFT and consciously or not in a short time NFT has started to be popular and even this trend I think will develop even more in the future

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July 30, 2021, 11:29:44 AM
 #44

NFTs as in current form are quite silly really. You basically own the link to a site that is centralized. Non Fungilble Tokens as a concept is not silly though and they have ton of potential. But right now any kind of real content ownership is legally blurry to say the least. We need regulated DeFi to fix this.

Yes, we have seen many new NFT projects launched without any pre-planned roadmap. Investors also invested in those projects without any use case. Right now those project just offer an attractive NFT and their own without any proper use case. I do not think the only use case of NFT is in the gaming era. Many influencers created their own NFT and offer their service to their NFT holders.

NFT gonna be useful for almost anything, its just currently we are at early age of nft thats why you see most of nft projects right now are game projects.
but that's fine because these games project also actually helps us see the real usefulness of nft and there are actually many other projects utilizing nft still in development, not yet doing some marketing. but once these projects near to finish their development progress im sure we gonna see nft become popular again.

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July 30, 2021, 12:18:28 PM
 #45

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos
 NFTs (non-fungible tokens) are unique digital assets that are sold via the internet,

Looks like this NFT thing is doing great and I've encounter lot of new projects that featuring NFT offering a real-world objects in the traders and investors like art, in-game prizes, real-world luxuries like bags and watches and many more. and yeah were in the early stage of NFT and I think it will grow more as time passes by and NFT seems to be the future of cryptocurrency. Well this is just my own speculations but one thing that I can say about NFT is that this unique feature of digital currency makes me feel more excited about the future of crypto platform.
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July 30, 2021, 05:30:59 PM
 #46

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July 30, 2021, 09:02:45 PM
 #47

I saw NFT hype in the market and thinking about invest in one. So I invested some of my money in one project called polkamon. Here you can learn details about it: https://coinmarketcap.com/currencies/polkamon/

This NFT project seems very good to me but the price is going down continuously. What do you think guys I should hold this token for a long run or sell-off with a loss? I still think it's a very good NFT project and could easily break out it ATH.

I think NFT is very unique, especially with the presence of games that involve the NFT system. it's been several game projects almost like this. and the average system is also the same. I hope this is your honest opinion about polkemon and not part of he promotion. if I see it there are still many more popular NFT. like axie many of my friends recommend me about it. but so far I'm still not interested in buying NFT games like this.
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July 30, 2021, 10:31:16 PM
 #48

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos
 NFTs (non-fungible tokens) are unique digital assets that are sold via the internet,

Looks like this NFT thing is doing great and I've encounter lot of new projects that featuring NFT offering a real-world objects in the traders and investors like art, in-game prizes, real-world luxuries like bags and watches and many more. and yeah were in the early stage of NFT and I think it will grow more as time passes by and NFT seems to be the future of cryptocurrency. Well this is just my own speculations but one thing that I can say about NFT is that this unique feature of digital currency makes me feel more excited about the future of crypto platform.
Another way to introduced crypto and with how people acknowledge the usages of this system, those who are not really interested to this market are now starting to learned,

I mean, those who at first are doubtful with crypto currency are now enjoying one of NFT in-game features, my opinion though.

Many has been lead to crypto by playing the game, and with the knowledge being enhance they are now seeing big potential inside this industry.

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July 30, 2021, 10:39:58 PM
 #49

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos
 NFTs (non-fungible tokens) are unique digital assets that are sold via the internet,

Looks like this NFT thing is doing great and I've encounter lot of new projects that featuring NFT offering a real-world objects in the traders and investors like art, in-game prizes, real-world luxuries like bags and watches and many more. and yeah were in the early stage of NFT and I think it will grow more as time passes by and NFT seems to be the future of cryptocurrency. Well this is just my own speculations but one thing that I can say about NFT is that this unique feature of digital currency makes me feel more excited about the future of crypto platform.
NFT is the trend now, so many new projects joining the hype and hopefully, it’ll last until next year because for sure new way of investing will be created next year, a new trend to follow but for now let’s focus on what’s happening in the market. I’m into NFT games and so far I’m happy with it, I can’t wait to see more projects especially about NFT games that offers play to earn.
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July 30, 2021, 10:45:44 PM
 #50

I think NFT is the latest innovation which is quite good and can't be said to be useless considering that there have been some pretty good NFTs for the past few weeks. and why I say this is quite good is because basically there is a new change that is quite attractive to some young people today, namely the world of games like the current hype, namely axie infinity, with the game system they will be more interested in NFT and consciously or not in a short time NFT has started to be popular and even this trend I think will develop even more in the future
I've also read news that there are several artists and singers who are interested in making NFT. this is very good right? can bring crypto closer to the real world. this is quite effective in attracting new users who are not familiar with crypto before. Moreover, fans will usually always follow whatever their idol does, this is a good way of promotion.

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July 30, 2021, 11:36:48 PM
 #51

An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos
 NFTs (non-fungible tokens) are unique digital assets that are sold via the internet,
They're not limited with those that you've mentioned and there are other more that can be found in the form of NFT.

But the craze lately is with the NFT games, those that can give you token as you play the game after you invest. That's playing to earn so as long as the token that you earn is listed somewhere and is tradable, that's where investors and players are going.

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July 31, 2021, 12:58:49 AM
 #52

I saw NFT hype in the market and thinking about invest in one. So I invested some of my money in one project called polkamon. Here you can learn details about it: https://coinmarketcap.com/currencies/polkamon/

This NFT project seems very good to me but the price is going down continuously. What do you think guys I should hold this token for a long run or sell-off with a loss? I still think it's a very good NFT project and could easily break out it ATH.
Well if you think that it has a good potential do not sell-off with loss, just hold it until its value goes higher then you could sell it to gain profits. There are a lot of NFT games now those who started first in this kind of play to earn games are now in the hype and many people earn profits from playing like the axieinfinity game.

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July 31, 2021, 01:41:40 AM
 #53

Value of NFT's are changeable and much more volatile, ICO/IEO's token are much stable or sustainable than NFT's.
NFT is an evolution for the community of digital art but I think it is not much profitable for crypto users/ crypto investors.
It works like Auctions, the valuation of a digital fungible art piece totally depends on the height bidder, that's why its value is much volatile.
You can go for NFT's cause it is the current trending and got much hype so anyone can take some profit from it now, but I do not recommend holding for the long term cause the hype will end at the point.

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July 31, 2021, 01:58:11 AM
 #54

I saw NFT hype in the market and thinking about invest in one. So I invested some of my money in one project called polkamon. Here you can learn details about it: https://coinmarketcap.com/currencies/polkamon/

This NFT project seems very good to me but the price is going down continuously. What do you think guys I should hold this token for a long run or sell-off with a loss? I still think it's a very good NFT project and could easily break out it ATH.
Well if you think that it has a good potential do not sell-off with loss, just hold it until its value goes higher then you could sell it to gain profits. There are a lot of NFT games now those who started first in this kind of play to earn games are now in the hype and many people earn profits from playing like the axieinfinity game.
some of the NFT game projects that brought the NFT market are now popular. although several other NFT projects also follow the trend of the NFT Game.
if get it from playing games for free of course it will be profitable. but now some NFT projects are also giving out free NFT for some of their coin holders.
this will be a new trend after the DeFi project. NFT will last in the long run. if you have it now just hold on. it will provide greater benefits in the future.

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July 31, 2021, 02:09:24 AM
 #55

I don't really understand what the purpose of the NFT is other than to collect it, it is very strange to me that some simple GIFs are worth a lot of money unless they are made by someone who has a big influence or someone who is already famous.
It's not only gift but you are only seeing the NFT based on art. You must also try to discover more about that and it seems like you are missing another features that already integrated with the NFT. It looks like that you may need to browse it even more. Try to collect more information about NFT.
It can be used in the game too
Many people always have this thinking that NFT is only for selling art or just collection, it can have any other function as well that more than just for collection.
I think its better if people could try to understand well what NFT is, because there are many misunderstanding going around about the real meaning of NFT, its basically digital token that represent real world asset, and by that, not only art, but could be anything.

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July 31, 2021, 02:54:58 AM
 #56

I saw NFT hype in the market and thinking about invest in one. So I invested some of my money in one project called polkamon. Here you can learn details about it: https://coinmarketcap.com/currencies/polkamon/

This NFT project seems very good to me but the price is going down continuously. What do you think guys I should hold this token for a long run or sell-off with a loss? I still think it's a very good NFT project and could easily break out it ATH.
I think you should hold a bit longer if you think your coin have a potential, I do think NFT is a great way to sell art and is the new way people interact and collecting art. But i dont think to collecting art via nft is a good idea yet still NFT is a breakthrough in crypto space.

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July 31, 2021, 04:16:01 AM
 #57

If I look at the NFT tokens that are in the op, the ATH is above $53 and the current price is down by more than 80%, if you have a large amount of coins then trade and take profit by buying at the current price, then after you make a profit then you can sell it, don't sell at a loss, maximize the opportunities that exist and always see the progress and progress of the project, because I also have almost the same NFT coin, namely OBR.

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August 08, 2021, 01:07:03 PM
 #58

I think that now it is essential for everybody who wants to ride the gravy train to have something connected with NFT. I don't urge you to buy expensive digital pictures,as it is more like a lottery, because you don't know if this work will be valuable in the future.

But there are projects that bring real utility through the NFT. But the most popular sphere now is NFT gaming. There are a lot of projects that launch every day.  Roll Eyes
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