NFT hype-Who knows what the next big thing in crypto will be?

[luca prieto]

Some people are spending millions of dollars on NFTs like crazy these days.They buy so-called NFT art sold out for ten million of dollars (USD) as their Avatars of social platforms.
It sounds ridiculous,which is exactly its charm.
For what I know, crypto behaves in strange and bizarre ways. First it was the ICO hype. Then came the "De-Fi" hype. And now it's the NFT hype. Who knows what the next big thing in crypto will be?

[Joshua Jackson]

This is so true of the trends in the cypto space. You really cannot tell what the next big thing will be but you can follow up with what the current big thing is, until it leads you to the next big thing. i feel that is how this space works.

anyways, if you are a hedger or a big bull, you could begin the next big thing in this space and get the support of those that love your idea.

i am glad that finally the people can decide what happens to their resources and not wait on politicians and the government...

NFT is the current big thing going on

[trauchot]

Now DeFi sphere and NFT spheres are very popular and of course while these spheres are popular people are trying to earn as much as possible on it, but we know that soon the hype around the NFT sphere will fall and then those people who invested in NFT will simply lose money, and some people will lose very huge money, but millionaires and billionaires like to buy all sorts of NFTs for huge amounts, so I don't think they will be upset, and in general the NFT sphere helped the cryptocurrency market to grow very much, so maybe the NFT sphere will still show itself.

[agg2702]

everything has its own time and indeed for now it seems that NFT dominates even if I can say it's overhyped because now everything has to be NFT and most projects are now based on NFT.
What I'm worried about is that if it's overhyped like this, of course, the expectations for NFT will also increase and this will actually be less good for the future of NFT because the reality of our expectations sometimes doesn't match, and finally disappointment appears and slowly disappears like other times. you say in ico and defi.

[hidingyou]

So true, It's been a good year for NFTs since it offers like you said charm that makes people get hyped. But I think it will be temporary as the market will change. We should be adaptable because the market
won't wait for you, you will get behind

[(o)(o)ilikeboobs(o)(o)]

This question is worth millions of dollars. Predicting trends and buying for profit is something we all aspire to. Each market trend lasts several weeks to several months. I've seen DEFI, MEME and now NFT. Maybe higher-ranking members will have a satisfying answer. I'm turning on notifications for this topic

[so98nn]

This is why NFT's not much of interest to me. You never know when you will hang out your millions of dollars middle of no where and there wont be anyone to buy it from you. The investment would be nothing much but an NFT thats all. In the mean time, to answer your second question I think someone at the corner of world might be working to make another break through! May be someone thinking to create tech will allow us to own real estate lands across the international border sitting at your home country. Anything can happen through these contract stuff. May be I will be landlord of your property in my country for which I will have an crypto based contract etc.

This is crypto, this is borderless and that's what making it way bizarre yet interesting to invest.

[RussianEnglishTranslation]

Some people are spending millions of dollars on NFTs like crazy these days.They buy so-called NFT art sold out for ten million of dollars (USD) as their Avatars of social platforms.
It sounds ridiculous,which is exactly its charm.
For what I know, crypto behaves in strange and bizarre ways. First it was the ICO hype. Then came the "De-Fi" hype. And now it's the NFT hype. Who knows what the next big thing in crypto will be?

You don't have to chase every trend, you can make good money staking or farming on Pancakeswap or Ref Finance. If you want to know what's next though, it's gaming on the blockchain. Look into games like the six dragons, gods unchained, and Hash Rush.

[semobo]

Some people are spending millions of dollars on NFTs like crazy these days.They buy so-called NFT art sold out for ten million of dollars (USD) as their Avatars of social platforms.
It sounds ridiculous,which is exactly its charm.
For what I know, crypto behaves in strange and bizarre ways. First it was the ICO hype. Then came the "De-Fi" hype. And now it's the NFT hype. Who knows what the next big thing in crypto will be?

There are people who have lot of money to spend so they can buy or invest on something completely blind and if they don't get any returns they are not going to make them to suffer that kind of people are only investing on such things for their pride and publicity but in real who wants to make some money should choose their assets very cautiously and for long term.

[Dragonfund]

I started a similar thread in which I expressed similar thoughts. The introduction of NFT has made the world become selfish, called it adoption. In my opinion, many people will have regrets with this fomo they are all into.
I mean, have a look at the punk below, it was just sold for approximately 2000 worth of Ether, does this warrant this price, I will pass, and I will rather hold my ether bag till my dying moment. I've seen how precious artistic designs are and how they're auctioned off, but this one is insane.


Source: live mint

If it is a future gem, I believe the inventor will just keep minting and storing them for future use, they will not simply make a picture and post it to opensea in search of possible purchasers to grab their ether.

[cryptoaddictchie]

It sounds ridiculous,which is exactly its charm.
For what I know, crypto behaves in strange and bizarre ways. First it was the ICO hype. Then came the "De-Fi" hype. And now it's the NFT hype. Who knows what the next big thing in crypto will be?

No one knows. Just try to spread your assets on different fields and who knows that could be the next generation hype. Nft still resides on defi hype which can be use to a lot of use cases. Its not just a random trending now. Maybe the shitcoin fest is the one seasonal and no additional benefit on the market compared to that.

[yurez]

The next hype is likely to be blockchain-based gaming platforms using NFT gamification with Yield Farming to maximize player rewards and keep them in the game. Players will be able to receive rewards in the form of NFTs, and then put these rewards on the gaming platform to make a profit. I think this will be the trend of 2022.

[hello_good_sir]

Some people are spending millions of dollars on NFTs like crazy these days.They buy so-called NFT art sold out for ten million of dollars (USD) as their Avatars of social platforms.
It sounds ridiculous,which is exactly its charm.
For what I know, crypto behaves in strange and bizarre ways. First it was the ICO hype. Then came the "De-Fi" hype. And now it's the NFT hype. Who knows what the next big thing in crypto will be?

It's definitely ridiculous.

I think that at the end of the day, people have way too much cash on their hands and they are simply trying to find a place to dump that excess liquidity.

That is pretty much the only use of NFTs, apart from (potentially) being a money laundering device. I do not believe in the long term viability of these collectables, although applied uses like music licensing could be possible.

[bitkanu]

Who knows what the next big thing in crypto will be?

that's why the trend was still unpredictable. It caused by people will always discover a new thing that can be hyped like defi and NFT but it seems like what we will see the next development on the defi and NFT.
Bring a new trend to the market was a difficult thing as it must be something news that has not yet adopted by people. The things like defi and NFT can be developed into the various things.
It's quite difficult to think about what will become the next thing. Some platforms were trying to develop a new thing. Maybe there will be a new trend in the crypto gaming to use AR or something else but who knows.
The time will tell us about this in the future. I guess there will always be manipulation on the NFT sale. People wasting millions money just for garbage art. that's totally non sense thing these days but that's the power of hype

[PastorNick]

I think the next trend in the crypto world is DAO. This concept has been proposed many years ago. However, the contract required by DAO is 10 times more complicated than Defi. If DAO can emerge, it will definitely cause a trend.

[danherbias07]

It's definitely ridiculous.

I think that at the end of the day, people have way too much cash on their hands and they are simply trying to find a place to dump that excess liquidity.

That is pretty much the only use of NFTs, apart from (potentially) being a money laundering device. I do not believe in the long term viability of these collectables, although applied uses like music licensing could be possible.

Their collectibles, so it must be long term to gain value.
It's like keeping a Jordan shoes signed by Michael Jordan himself and when time flies by the value of it grows to a value no one will expect especially in auctions.
NFT's is a way to keep the item mint but the downside is the hacking issue or just being careless with your computer connected in the internet.
I think NFT can stay for a long time but the hype will subside, maybe in 2 - 3 years and another platform will float.
As to the question of OP with what will it be, who knows, a genius may have been born but he is still in the learning phase of discovering it.

[Sterbens]

You just need to be good at dealing with Hype conditions, regardless of what consequences you will get when the Hype ends, people will immediately welcome the next Hype.
Nothing is impossible in the crypto industry, there will always be innovator changing each other. Starting from DeFi which is now drowning from its community who knows nowhere, now the earth is booming with NFT everywhere. It has become a natural cycle. People will flock from one Hype to another, taking; profit and go find another profit center.

[ninabobo]

I think the next trend in the crypto world is DAO. This concept has been proposed many years ago. However, the contract required by DAO is 10 times more complicated than Defi. If DAO can emerge, it will definitely cause a trend.

You might be right somehow, it has been introduced for a while now and hasn’t got much traction yet, and i didn’t even think this might trend buh am now having a rethink tho , who knows it might be the next trend in the space. I think crypto gaming might be the next trend as recently gaming projects has been gaining more traction and growth. Well between this two concepts one might be the next big thing. I really got interest with DAO buh still loves gaming that’s why I chooses $Near, it’s network system supports the both.

[DarkDays]

It sounds ridiculous,which is exactly its charm.
For what I know, crypto behaves in strange and bizarre ways. First it was the ICO hype. Then came the "De-Fi" hype. And now it's the NFT hype. Who knows what the next big thing in crypto will be?

No one knows. Just try to spread your assets on different fields and who knows that could be the next generation hype. Nft still resides on defi hype which can be use to a lot of use cases.

The best thing is to keep your mind and option open and adapt to the market trends. Nobody can know what the next big thing is but with a flexible mind it should be possible to enter the new craze.

In my view, NFTs is only the beginning, their opportunity can literally be limitless. At the end of the day, people are all about exclusivity, ownership and non-fungibility.

[cryptoaddictchie]

In my view, NFTs is only the beginning, their opportunity can literally be limitless. At the end of the day, people are all about exclusivity, ownership and non-fungibility.

You are right. I have also the feeling that nft hype and trends will not end here but also will expand more in the future. I noticed lately, that some platform are doing nft section of their product which they dont have before, it just show that they wanna join the league of nfts. Even bigger platform or known icos or institutions are adapting to it. Coca cola company had one, and some bigger ones too. Im excited that nft will continue to bloom to the next few years.