What do you guys think about NFTs?

[Mihawk]

Well, anything that makes new interactions possible for people with cryptocurrencies is welcome and NFT is no different. Allowing users to trade and register their art or other things is certainly an innovation and opening up new possibilities both financially and new activities and interactions. It's certainly a new market that will suffer ups and downs, but there will come a time when there will be solidity and with that more things can be done.

[2double0]

I think that the NFT boxes' concept is much powerful against the men who cannot say 'no' to their families and want to buy something that adds suspense to the scene here. But I do not know that how does an image be used to be sold as an NFT? So once bought an NFT, how can you be so sure that the same NFT will not be minted again?

[Coroline]

I welcome this NFT phenomenon. Because this will increase the valuation and attention to these crypto assets. However, the problem is, players in NFT will grow rapidly so it is feared that there may be parties who just ride this new game and want to get a moment's profit. The issuers of these fake crypto assets promise exorbitant profits. But in practice, not a few who just disappeared and even used as a cover for the crime of ponzi schemes.

[Vaculin]

I welcome this NFT phenomenon. Because this will increase the valuation and attention to these crypto assets. However, the problem is, players in NFT will grow rapidly so it is feared that there may be parties who just ride this new game and want to get a moment's profit. The issuers of these fake crypto assets promise exorbitant profits. But in practice, not a few who just disappeared and even used as a cover for the crime of ponzi schemes.

I'm worried that it never attracts buyers, collectible coins have no such importance, honestly. May the developers think that could add the interest of the community. it could help to promote blockchain technology, about crypto, but the question is does NFT give a profitable end to the investors? That I'd never look there was a promising story on these new projects but I'd found it less important.

[Ayush rana]

NFTs become more famous now a days, we have seen very big game companies actually dig into the nft space. it is still new and fresh. boom in the NFT market is very near. Decentralisation and collectibles become one of the best way to store digital data/art.

[Yatsan]

Here in my country, NFT become very popular since many people have already been wondering on how does this works and it is because of the feature play to earn that makes people go crazy on wanting to get along with the trend to catch up into the continuous rise of the NFT here in our country. NFT is pretty good to me in my own personal opinion and that would be easily observed as well with the people around me. As time goes on, people are starting to continuously get along with the hype of NFTs from different side of the world and it already obvious matter that it means people are having good time with it.

[cheezcarls]

I collect NFTs from the following:

1 - Blankos Block Party
2 - My DeFi Pet
3 - NBA Top Shot

For me, NFTs are much cooler if they have real and special use cases than just being a digital art collectible. They are much more valuable in the long run. Like Axie Infinity for example. If your Axie’s stats are impressive, you can potentially sell it at a ridiculous high price by just simply getting it involve in adventure and PVP everyday.

[_MrTuyul404]

NFT stands for non-fungible tokens. They are usually created using the same type of programming as cryptocurrencies, such as Bitcoin or Ethereum, but the similarities end there. Physical money and cryptocurrencies are “worth it”, meaning they can be traded or exchanged for each other.

[Noruka]

Personally, in my opinion, NFTs are a program that cannot make a profit because what is being sold can only be used for collection and cannot be used for transactions in all exchanges, I have been in the world of NFTs and only losses that I get.

maybe you venture in NFT projects that are not really valuable in the market. because if you got lucky, the NFT you bought will fetch high price in the market. that is, if you bought a real valuable NFT item. this is why, buying just any NFT in the market is not advisable. you need to assess the potential value of it in the next years to come. so just like you said, it is like a collection, so you are collecting valuable NFTs. but how can you tell if it will be valuable in the market? check who is selling it - is he a known artist or a never-heard one. of course, the chance of profiting is if you buy from already well-known artist. so yeah, there are factors to consider before buying one. otherwise, it will be a lost cause from your end.

But the real deal is to find NFTs that have value or are high potential NFTs before others find them. If you manage to do that you could get really lucky if the category you are collecting NFTs in turns out to be broadly appreciated and demanded by a decently large group of investors. I like NFT marketplaces, they allow for very interesting concepts to develop and to find an audience for it.

[SirLancelot]

What I really really really want is a pokemon NFT game, is that so much to ask? Think about it, let's say it is in BSC ecosystem right? We have tons of NFT games these days and technically speaking making a Pokemon NFT game is not impossible, and specially would be awesome if Pokemon Company actually worked with a proper company to do that, with great designers as well, "card" game is a pokemon thing and has always been like that and it would be insane not to think that a NFT card game for Pokemon wouldn't be awesome.

It would be same logic as all other pokemon card games, you buy packs using BNB and then some NFT's come out of that pack and then you use those to fight with other pokemon masters and whoever wins... wins something? I don't know what they win. The idea is not clear in my head and I doubt I would put too much detail into it since I can't do it, but the idea is amazing, a pokemon NFT card game could be a billion dollars marketcap in under a month if it were to be made.

[RockCryptoWorld]

recently, I have found such project as Deedy Digital. They are going to launch an NFT platform in the nearest time, where you can buy, sell, trade, rent out, enter NFT lotteries etc. They have a lot of interesting things that make Deedy unique. I think it is cool.

[Ticketly.me]

There are so many possibilities in forms of creation and displaying NFTs that I believe that in a few years NFT collections will be on par with physical ones, especially that many of them will be NFT exclusives.

[wmaurik]

There are so many possibilities in forms of creation and displaying NFTs that I believe that in a few years NFT collections will be on par with physical ones, especially that many of them will be NFT exclusives.

For now, this can only be awaited by everyone because there is still a possibility, and even then if NFT always has good development and there is no other competition that must be fought every year, because in the crypto space every year there are always new concepts that could be born become a new trend.

[isaac_clarke22]

~

I'll just put this bluntly and I am not advertising this nor shilling this whatever it is said, but I heard lately even more that NFTs are being used in games now these days. There is this game called Axie something? It is flooding a lot attention here in my country just because someone claimed they earned a lot from that game.
Did require an investment so it is a meh for me.
Not interested in it at all, but hey now that people will gain awareness what NFTs are.

[2tang]

I am not fully in love with NFT but I'm near to like it due to the fact that NFT is not now with incredible marketcap. Maybe soon I'll buy one of NFT. I will make sure to buy even just one NFT as another collection. I also think that NFT might be the next trend in crypto space after DeFi.

Yes, but it also requires accurate certainty because everyone will not know what will happen next year in the crypto space, it could be that a new trend will beat NFT, it could also be the other way around, namely NFT beat the new trend that will be created by developers in the future the following years.

[CryptoGuy42]

There are so many possibilities in forms of creation and displaying NFTs that I believe that in a few years NFT collections will be on par with physical ones, especially that many of them will be NFT exclusives.

I think so as well.
Creating a new world has another avenue now.
That is why I am looking at projects like Black Eye Galaxy. I can now own a planet and make returns off NFTs that I pull.

[justdimin]

For now, this can only be awaited by everyone because there is still a possibility, and even then if NFT always has good development and there is no other competition that must be fought every year, because in the crypto space every year there are always new concepts that could be born become a new trend.

That's the good part about NFT, it is not something that stays still, it is something that can constantly evolve and because of that the attention to it will grow as well. NFT doesn't mean a token, it doesn't mean a picture, it means a system and there could be many NFT system or many tokens many things that uses NFT and all of it will be great. First it was just pictures, then it became gifs then it became tweets then it became games. It constantly improves and becomes better.

It means if the world of crypto grows bigger and bigger, that could still be matched with NFT growing bigger as well and newer too! So, that is why I used do not understand what the deal was with NFT's but now when I look at it I realize how great it could be, that is why I am not really bothered by it anymore. I am not still investing much into it but I probably will in the future.

[santiPOGI]

^^ Like that title says. I want to know more about what you guys in Altcoin Discussion think about NFTs?

Do you have any overall thoughts or even any NFT projects you like? lmk

I've NFT since 2017, and only this time I became curious of this like in Axie infinity where it was too popular now.
Almost all game players here are too addicted to this game, even it is too expensive still price doesn't matter to them.
And the the next one I think that will explode like axie in the future is mydefipet I think.

[sapnu]

^^ Like that title says. I want to know more about what you guys in Altcoin Discussion think about NFTs?

Do you have any overall thoughts or even any NFT projects you like? lmk

So far, NFTs are making so much noise in the market lately considering the "too good to be true" profit they offer to the players. One that's been circulating and taking so much popularity right now is Axie Infinity wherein the value of the SLP has grown a lot ever since it hit the trend. Lots and lots of people are buying their own teams which led to the sudden price pump. We all know what happened last time in the market wherein bitcoin experienced a bull run but continuous dump afterwards, let us hope it will not happen to NFTs too cause no matter how much we try to deny it, it is still possible.

[fileo]

I think NFT is getting hot now since DeFi hype gone. Some of NFT are totally surge into x150 after 1 year. I would not mention the old NFT that has a $million in value. I didn't thought that NFT will come up far. My overall point of view, NFT is not yet in total transformation. Maybe this is just the beginning.