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Author Topic: What do you think about the NFT hype?  (Read 532 times)
dupee419
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October 04, 2021, 08:36:25 PM
 #61

I swear, my Discord is popping off with DM's from different developers wanting me to try their NFT game out, you can see that the hype is definitely there, though I am quite sure that few NFT projects will die due to the amount of new projects being released everyday, the NFT hype may die soon, but in my country, there is this NFT game that is extremely essential to us, because of it, somehow, some people were able to escape poverty, not entirely but it was really a big help, I can say that it can actually help the economy since the government is actually now taking taxes out of this NFT game.

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October 04, 2021, 09:30:05 PM
 #62

NFT is beyond hype, it depicts the nanning Non-Fungible token and I don't think nor believe its something that's going to end so soon as its best understood as digital asset that exist in numerous industries such as digital art, digital real estate, in-game assets to mention few. So I think it's going to stay for now
There’s a lot of good project and they are here to stay but we cannot deny the effect of hype on NFT projects because without that, they may not be able to reach their peak. They are beyond numbers, they offer great services and a good platform, though the hype may die soon but those with a great purpose will continue to grow over time until they make a new hype.
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October 04, 2021, 09:35:33 PM
 #63

I swear, my Discord is popping off with DM's from different developers wanting me to try their NFT game out, you can see that the hype is definitely there, though I am quite sure that few NFT projects will die due to the amount of new projects being released everyday, the NFT hype may die soon, but in my country, there is this NFT game that is extremely essential to us, because of it, somehow, some people were able to escape poverty, not entirely but it was really a big help, I can say that it can actually help the economy since the government is actually now taking taxes out of this NFT game.

The NFTs hype is beginning to feel like the shitcoins season to me  because of the way people are genuinely going crazy over NFTs even though those NFTs might not be of high quality or have little to no use cases which might render them useless or valueless in the near future. I've personally tried it just once minted and NFT called Solamander on Solana and till then the price took the ground and has refused to go back up.

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October 04, 2021, 10:26:11 PM
 #64

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
Apparently, it was close to its end. The hypes have been over yet and the only reliable NFT projects just keep on the momentum while the others have back to normal (some of them just end their journey). I think we know that hypes were just temporary that is why we should expect this and the time has come for it. It was bad for those who ride the hypes and invest during that time as for sure they are not blaming themselves and regretting.
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October 04, 2021, 10:37:09 PM
 #65

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
Just let it be and see if they would last long or would just suddenly disappear when the time comes because everything matters with the demand in the community but for now

the hype or interest is still high which does signify that it might last for a while.As an investor then you should really take advantage or see it as an opportunity rather than minding

 on getting out just because you dont like hype's.This is something that cant be predicted on how long it would last out.

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October 05, 2021, 04:09:37 AM
 #66

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?

I think that hype of NFT-games and NFT-pictures will be very fast, maybe it is already over. I don't really follow NFT-games and arts as I don't see anything really valuable in it, but I follow NFT-projects that offer tokenizing different things and I think they will only develop as it can have real business use. I follow one project called InvArch, it offers tokenizing your ideas, it is a really interesting space.

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October 05, 2021, 07:04:49 AM
 #67

Hype around NFT sphere has been going on already long time and I think that hype around NFT will not subside for a long time else, since too many cryptocurrency projects appear that will develop in NFT sphere, so the more such projects there will be, the more hype around NFT will be, but of course, something always comes to an end and the time will come when hype around NFT will also fall, so this is also worth thinking about, but so far at the moment NFT sphere is very popular and therefore we need not waste time and try to develop as quickly as possible in this area, as well as to get profit from NFT, thats why I invest in NFT and I try to improve my skills in this area constantly.
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October 05, 2021, 12:15:36 PM
 #68

Anything that is being hyped in my opinion is definitely not going to last long. For me it is nothing more than a seasonal situation. NFT is a good concept but not all coins or tokens born from the NFT program can end up successfully. The current average of projects from the NFT program can make many people fascinated to invest.
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October 05, 2021, 04:29:45 PM
 #69

I think that's great. Btw, did you hear about MonstersClan? They dropped the gameplay video today. Very bullish on it.
Is MonstersClan a new game in NFT cryptocurrency?
because every new game on NFT will always get a very good response so it always looks more stable and bullish in it.

You are right, this is an unique NFT game. Really underrated. Today, they dropped the gameplay video. I'm following them and can't ignore this hype around the monsters.
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October 05, 2021, 05:09:17 PM
 #70

Anything that is being hyped in my opinion is definitely not going to last long. For me it is nothing more than a seasonal situation. NFT is a good concept but not all coins or tokens born from the NFT program can end up successfully. The current average of projects from the NFT program can make many people fascinated to invest.
True. Tho the hype of NFT is still there right now but in a long term, they definitely quite down. This will make many NFT that doesn't stand up to the hype easily plummet. This is a normal cycle as such case for ICO, DeFi,...
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October 05, 2021, 05:29:59 PM
 #71

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
Personally, I don't know why most of the people are investing they're BUt it is clear its a new hype, So after someday investors cant invest in NFT hype cause maximum project no future and no staking and exchange facility.
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October 06, 2021, 02:36:56 PM
 #72

Really?
If that is the case, then it is very likely that the NFT project will continue. For us, the NFT project must survive as it is today, at least it can have a better impact on the investment world.
It is. But not as wild as Bitcoin stayed. Successful ICO projects did stay. Keyword: Successful.
A hype will calm down and a new platform will come out making a new hype that would bury the last one. I think what we could do now is just take advantage of what we have now. Soon it will be forgotten but if we picked the right projects and supported it until it becomes one of the top then it will stay.
The other way is taking the profits while it's still young and receiving high value due to the hype. Just hit and run.  Grin
If Bitcoin is not suitable if used as an example because Bitcoin is like the king among the coins in crypto. For a suitable topic of hype as an example, such as Dogecoin. It's not that Dogecoin is not good because the coin could become hype because it was popularized by someone who is smart in crypto and now the hype for the coin is starting to disappear.
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October 08, 2021, 09:19:50 AM
 #73

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
I don’t think NFTS are going to fade away, although there is a possibility that another trend will come out in the future and people will start hyping that one too when it comes. But that doesn’t mean there is going to be an end to NFT, it’s still going to be around and will continue to advance and get better than the way we have seen it now.

It is just like we have DEX, It was once trending in the market and now since NFT came out,the hype has died off, but that doesn't mean that it has stopped existing in the cryptocurrency market, it still continued and will now be advanced,as time goes on, to be better than what it used to be at first. That’s just it.

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October 08, 2021, 01:14:22 PM
 #74

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
Just focus on coins that have a clear future value like the Top Altcoins that exist in the crypto space. The NFT hype won't last as long as the top coins. However, if the NFT trend is still in good condition which can provide benefits when investing, then we can use this opportunity.

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October 08, 2021, 05:39:47 PM
 #75

For now we cannot underestimate the NFT project and I admit that NFT is now a new innovation that is able to attract the interest of many people from various circles. But I believe that NFT is not suitable as a long term investment and I will not stop people from making decisions...
Right now we can't give any perfect prediction about anything, but we can suggest that NFT is good invest because now it's doing very good surely it's not a hype thing but before doing any investment please do your own search and never fall in any scam because in this you will lose your money those are not recoverable.

Recently we have some good growth in NFT gaming It massive thing which is happening around us and too many new gaming networks around us are investing some good amount for development of NFT.

Other big thing happening now, many big celebrities are joined this and having their own NFT collectibles as it's a new way to get in touch with their fans.
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October 09, 2021, 01:39:37 PM
 #76

For now we cannot underestimate the NFT project and I admit that NFT is now a new innovation that is able to attract the interest of many people from various circles. But I believe that NFT is not suitable as a long term investment and I will not stop people from making decisions...
Right now we can't give any perfect prediction about anything, but we can suggest that NFT is good invest because now it's doing very good surely it's not a hype thing but before doing any investment please do your own search and never fall in any scam because in this you will lose your money those are not recoverable.

Recently we have some good growth in NFT gaming It massive thing which is happening around us and too many new gaming networks around us are investing some good amount for development of NFT.

Other big thing happening now, many big celebrities are joined this and having their own NFT collectibles as it's a new way to get in touch with their fans.
I think it is diminishing, so it was a little bit of hype as well. There is a period in all the crypto related new things, first they are ignored a bit and only a part of the community gets in, then that part of the community makes a lot of money like crazy, then others see this and join, then it becomes so saturated and hyped that not everyone makes that type of profit anymore, then some people leave but we still have more than the initial part of the community.

It is like it goes from 10 to 50 to 100 back to 50 so it is bigger and better than how it started but not at the peak anymore. I feel like NFT is at that stage right now, doing good, doing very well in fact, just not at the peak anymore.

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October 09, 2021, 01:50:25 PM
 #77

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?

As for me, things will depend on the capability of a coin and the NFT game itself. Even without the hype, if a certain NFT coin has potential, it will not depend on the hype. For now, NFT games are on-trend yet we couldn't say that it would last long so it's still important that we'll look for trusted NFTs.
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October 09, 2021, 02:01:41 PM
 #78

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
In my opinion, NFT is very good for innovating in the gaming industry because it is very beneficial for gamers, this NFT craze will continue because there are products made and we can't deny it when we talk about games. I'm talking about in the gaming section because I don't know about art but for sure we can see NFT become more successful over the years. But beware of scams many scammers use this again for their own benefit.
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October 09, 2021, 02:09:19 PM
 #79

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
In my opinion, the NFT trend is growing very rapidly and has spread until now, of course this trend has made a lot of people profit, especially because there are many NFT-based games that are currently popular. The gaming community and game fanatics are definitely willing to spend a lot of money so that the games they play don't just disappear, this is what makes me think the NFT trend will continue, there's no harm in looking to take advantage of current trends.
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October 09, 2021, 02:15:10 PM
 #80

Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
As far as I know, hyping doesn't last forever but only temporarily. We all can see how the NFT market is soaring high with high volatility making other projects start developing their own NFT market to attract more investors to push the coin price there. This is normal in the NFT market and investors make huge profits from it. I know this hyping will still reach a point of relaxation.
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