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Author Topic: Your opinion, NFT last long or not ?  (Read 2427 times)
OgNasty
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October 14, 2021, 09:30:33 PM
 #61

I think NFTs could be the most useful thing in crypto we've seen yet.  Probably a decade away from where it needs to be though.  People keep looking at them like they're nothing more than .png files, but the art is actually the least interesting thing about NFTs.  The added functionality they're going to bring to things like the events tickets market are going to cause some real world changes and make things better for people.  Not just crypto people either, but mainstream folks will benefit from NFTs being used in society.  Most people don't get this.

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October 15, 2021, 03:43:40 AM
 #62

NFTs, as a technology, will be really important.

But most of the hype that has been generated around NFTs are a result of market euphoria more than anything else. Companies like TIME are recognizing this and taking full advantage by launching their own useless tokens and selling them off like an IPO.

Imagine images of apes and cats selling for more than a car... It's ridiculous.

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October 15, 2021, 06:23:54 AM
 #63

Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

https://www.bbc.com/news/technology-56371912.amp

There are 3 NFT games in which I could say really give an earnings to some of the community here in the cryptocurrency.
And one of these are Axie infinity, Mir4 and Dragonary, those nft games, I actually earned to these games actually and so far so
good in my experienced here. As long as it gave profit I could say it will last long.
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October 15, 2021, 11:06:26 AM
 #64

I think Axie Infinity kind of pave way for these new generation game, with the P2E benefit it comes with, it helps boost NFT in calling more awareness to investors and that however would make it last a little big longer. We should be on the lookout for these other projects though Yoshi, Gamestarter, Ccar, etc..

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October 15, 2021, 11:13:03 AM
 #65

Axie Infinity success, Will the others be successful too?
If they can create and maintain good projects like Axie Infinity then they can be successful too. But if they can't then they have to get the favor of the crowd to become successful.
They should solve problems and create new ways to monetize what people like doing such as gaming. Not all NFTs are going to be as successful as Axie and other successful NFTs.


I agree that most games, not just NFT, would be successful if the developers or team listened to the players. That is what the players loved the most if they were heard of their suggestions. As long as it is maintained, it will last a long time, but it will eventually die unless a new version is created, such as Dota, which has old graphics now but was replaced by Dota II, so that would be the case. But all I can say is that I'm hoping it will last a long time because a lot of people are benefiting from it.
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October 15, 2021, 11:18:43 AM
 #66

Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

https://www.bbc.com/news/technology-56371912.amp
NFT for another year or two is likely to be a success, but not all new NFT projects being launched will be like Axie Infinity. For example, if there are 100 NFT projects launched next year, only a few will be successful because it really depends on how the concept is implemented by each team involved. It is possible that only Axie Infinity will be successful, others will not follow.

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October 15, 2021, 01:25:06 PM
 #67

Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

https://www.bbc.com/news/technology-56371912.amp
NFT for another year or two is likely to be a success, but not all new NFT projects being launched will be like Axie Infinity. For example, if there are 100 NFT projects launched next year, only a few will be successful because it really depends on how the concept is implemented by each team involved. It is possible that only Axie Infinity will be successful, others will not follow.
In every project that is successful, it's always followed with the hype, they saw the success of Axie Infinity so other projects made their own thinking that people will invest because it's hype now, however, the reality is not all projects has the potential as they are not composed of a team that is capable of bringing success to the project, just like in altcoins, there are thousands of scam projects but only a few are legit and yet some are even struggling to survive.
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October 15, 2021, 04:08:46 PM
 #68

Still can’t understand why these guys shill all sorts of shitcoins related to the dogs/frogs/kwoks,
It's all about money. When you're shilling those garbage coins and you will get more chance to make bunch of money easily without doin a lot of efforts. that means if you must also aware about this. People shilling for shitcoin coz they have bought it and im sure about that.

but at the same time they ignore the current problems and how other projects solve them?
What kind of problem is this? You can give further detail regarding this.
I think Nftyplay is very underestimated in this regard. Check it out.
Others may have different opinion about that. I guess they were hyping the shitcoin for a reason.

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October 15, 2021, 05:45:48 PM
 #69

NFT for another year or two is likely to be a success, but not all new NFT projects being launched will be like Axie Infinity. For example, if there are 100 NFT projects launched next year, only a few will be successful because it really depends on how the concept is implemented by each team involved. It is possible that only Axie Infinity will be successful, others will not follow.
NFT already had the great period that it should have. Nothing in crypto lasts for very long years as a method, the coin or token from it could be surviving but the fact that the method will not be going strong. Like for example from the "release the wallet" method of 5-10 years ago we still have some good coins, like btc and eth.

From the ICO period we have stuff like doge and ada. From IEO period we have some, and from the defi world we have uni and cake, and from the NFT period we have some ape stuff and punk stuff and even axie. However the method itself will not be strong forever, like in 5 years you are not going to get some new NFT that makes people millions of dollars.

This is why I believe we should not be looking to make a profit based on what is hype right now since it will not be the same as the previous ones. Like in NFT world, we had axie already, which means not every game that you see will be like axie, but some people invest like whatever they invest will be "next axie" and that will end up making you lose money, do not do that.

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October 15, 2021, 05:52:13 PM
 #70

The way I understand cryptocurrencies is diversity in the projects which makes this ecosystem fun and more robust to remain unbreakable.

And knowing one such of a diversity being art which comes in a form of NFTs, I honestly still see this growing,  especially that the art niche

is a huge industry and this has not yet been explored to its fullest potential.

R


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October 15, 2021, 07:15:10 PM
 #71

Without a doubt, Axie Infinity is the world's leading NFT game, its success has been based on the game economy and taking advantage of the most vulnerable economies, making its business model generate employment through scholarships that can be assigned , the game takes advantage of the community of gamers to let them know that what they do can be very well rewarded and that is where the success lies, in addition to the degree of complexity that the game has in the PVP encounters.

If we add to this the different updates that are being made, this makes the community increase, and this will extend the life of NFT games as a whole, if the games follow this scheme I think they will have a long life.

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October 15, 2021, 07:24:40 PM
 #72

In my opinion NFT will last long but not that crazy, NFT has opened completely new horizons for using Crypto but in a crazy way, there are NFT tokens that have been sold for millions of dollars!!! This is madness!!!
Everyone has become to create an NFT out of anything and put it up for sale at crazy prices, so I think soon the NFT will be regulated and set standards for accepting the NFT with strict conditions.
When this madness is over and the appropriate standards are in place, I believe that NFT will continue and open up huge new areas for the use and spread of crypto around the world.

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October 16, 2021, 09:48:09 AM
 #73

Decentralized finance (DeFi), Web 3.0, financial inclusion, the rise of non-fungible tokens (NFTs).
Axie Infinity success, Will the others be successful too?

https://www.bbc.com/news/technology-56371912.amp

Axie infinity is a real inspiration to others that are creating/developing NFT. It is the leading NFT. I wonder what other NFTs will be as successful as Axie. It is of course meeting / resolving / maintaining the NFT which is also difficult. Before the problem was there comes lot of player patronizing the game and server can't handle it, then there comes declining value of SLP, etc.
But anyway for me NFT will last long, I hope. It gives another way of earning crypto and invest in crypto and becomes effective.

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October 16, 2021, 02:02:32 PM
 #74

If you want a project with a working product then take a look at Loot NFT and buy LTT.
. You can create content and monetize it. And it is great. Everything else is speculation.

I know about Loot NFT, but its owner played well with the buyers of MoreLoot where nobody got AGLD just because Loot NFT owners were not interested to let it be shared and the number grown. Don't you think it was unfair to them? NFTs are just a trend like Defi was, and every trend comes to an end, but the gap depends on how well that trend continues to rise.
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October 16, 2021, 02:16:42 PM
 #75

in my opinion nfr - for a long time. Why so? It is enough to look at cryptopunks and news from their community. When owners refuse to sell their NFT for 2500 Eth.

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Sayeds56
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October 16, 2021, 02:23:54 PM
 #76

Axie Infinity success, Will the others be successful too?
If they can create and maintain good projects like Axie Infinity then they can be successful too. But if they can't then they have to get the favor of the crowd to become successful.
They should solve problems and create new ways to monetize what people like doing such as gaming. Not all NFTs are going to be as successful as Axie and other successful NFTs.

Absolutely right. NFT Market is growing and everyday new projects are being launched and huge interest of investors is witnessed but key to survival of this Market definitely depends on use case of NFT wherein you invest your money. Gaming NFTs cards are in good demand because user players have to buy cards to get into the game as well as to increase their levels. Some NFT projects are also offering staking where you will get daily staking reward. All these use cases of NFTs will certainly trigger boom in coming weeks and months.









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October 16, 2021, 02:25:43 PM
 #77

in my opinion nfr - for a long time. Why so? It is enough to look at cryptopunks and news from their community. When owners refuse to sell their NFT for 2500 Eth.
It won't change anything because as long as no new investors see it and are interested in it, then a very big change in the long term will never happen to the coin, because that is a very common thing to happen to other coins.

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October 16, 2021, 02:53:42 PM
 #78

NFT is an innovation that makes cryptocurrencies even more great, I'm sure NFT will last for a long time because currently many projects are bringing NFT success and reaching hardcaps.

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October 16, 2021, 03:11:13 PM
 #79

NFT is an innovation that makes cryptocurrencies even more great, I'm sure NFT will last for a long time because currently many projects are bringing NFT success and reaching hardcaps.
Agreed. I have a clear view of the future where NFT is still going and thriving together with other blockchain innovations presented to the world. Fifty years, and probably these Non-Fungible Token is still in the market. I believe in this thing. And mostly, NFTs' value are based on their look and who made them, just like the traditional arts that are still here today.

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October 16, 2021, 03:36:56 PM
 #80

in my opinion nfr - for a long time. Why so? It is enough to look at cryptopunks and news from their community. When owners refuse to sell their NFT for 2500 Eth.
It won't change anything because as long as no new investors see it and are interested in it, then a very big change in the long term will never happen to the coin, because that is a very common thing to happen to other coins.

Supply and demand matters indeed, but with good marketing nft project may able to reach the right people or investors
to join the ride, they are the one who are responsible for bringing traders and investors to their project.
So far we still in the progressive stage, there are project base from NFT which still gaining interest and attentions from people
who love taking the risk.

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