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Author Topic: Your opinion, NFT last long or not ?  (Read 2427 times)
Lanatsa
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October 21, 2021, 11:58:22 PM
 #121

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

Because the current use case for NFT has penetrated into many games so I am more confident that NFT will last a long time and become the most popular Altcoin among Gamers. Another reason that causes Nft to last longer is because of the usefulness of NFT itself and being able to produce digital artwork, from the advantages of Nft itself it will have an impact on the market and it is natural that Nft will last longer.

I believe so, as long the NFT users are many, its will become a long life usecase on crypto space. Moreover the utility of NFT Game that enable it users to earn money would attract another to join.
Demand is the thing that dictates on how long it would last and as long there would be demand and interest then this would surely survive that long but if not then we would see that it would be patched

up with another trend in the market but for now lets just take advantage with this trend and make profits and deal with it smartly even though we do know its just for temporary but at least

these opportunities is really out there.Dont expect for long term runs though because everything could happen along the way.

R


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October 21, 2021, 11:59:25 PM
 #122

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

Because the current use case for NFT has penetrated into many games so I am more confident that NFT will last a long time and become the most popular Altcoin among Gamers. Another reason that causes Nft to last longer is because of the usefulness of NFT itself and being able to produce digital artwork, from the advantages of Nft itself it will have an impact on the market and it is natural that Nft will last longer.

I believe so, as long the NFT users are many, its will become a long life usecase on crypto space. Moreover the utility of NFT Game that enable it users to earn money would attract another to join.

not only NFT-based games but NFT are finding its way to collectibles. athletes, personalities, artists - they are the ones who are currently benefiting from this new industry. this use case is i think will ensure that nft will sustain its market. and the use of nft is just beginning on this facet. so this kind of tech will last for a while because it has real use case with actual supporters (i.e. sports fans, followers/supporters of singers, art buyers, etc)

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October 22, 2021, 12:00:53 AM
 #123

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 will last a long time, the gaming market is one of the biggest businesses in the world and game-based nft will be the idol of the future, but with that scam nft projects will definitely appear too like defi and ico then so choose well and do more research before investing in an nft.

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October 22, 2021, 03:04:39 AM
 #124

In my opinion, NFT is like other trends in the past like ICO, IEO...For now, the trend of the NFT remains, the hype surrounding the NFT is still strong as companies and artists start to pay attention to the market and enter. Over time, NFTs will be like ICOs, they will soon be superseded by new trends but they may not be gone forever, there will still be some good projects that they will continue to develop.

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October 22, 2021, 05:50:26 AM
 #125

Axie is showing very good earnings and most studios will want to get the same earnings so they will try to do something even better. Therefore i will not be surprised that after the next big blockchain game we will see game releases from big studios. Star Atlas or Illuvium it seems to me could be the next big break.
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October 22, 2021, 06:46:34 AM
 #126

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 for now was the leading NFT games under by the blockchain technology, next is Mir4, and for the upcoming could
be Monsta Infinite by next year. But I think and do believed as well that axie infinity and Mir4 will go surely for the long term
I am pretty sure about these two games so far.

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October 22, 2021, 09:07:00 AM
 #127

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 for now was the leading NFT games under by the blockchain technology, next is Mir4, and for the upcoming could
be Monsta Infinite by next year. But I think and do believed as well that axie infinity and Mir4 will go surely for the long term
I am pretty sure about these two games so far.
there is no problem if it is in the form of games, very sure that the game market share is indeed quite good so far and will continue to grow. anything can happen if there is no clear innovation the game will also disappear with many other games coming. even though we know that there are also many good ones.

but for others, they may still be wondering whether they can and can be received well. since this is still relatively new if it is done in other forms, it is clear that it is necessary to study and sort out whether there are acceptable benefits.
so can't conclude that in general and let this run like the others so far.
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October 22, 2021, 09:54:16 AM
 #128

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
This can be answered by YES or NO.
The fact that not all NFT projects are valuable nor they are applicable in the market, some of them will be ended like ICO/IEO. The same scenario that we're able to see among them and only those projects that have use cases will stay. But, we can't assure that it will remain like that, some of these coins will also be dead soon.

Axie Infinity is very successful and we can't deny that. But the question is if this project will remain like this? Everything is unpredictable and might it happen that Axie will lose its potential when there is another gaming platform arise. Even the leading altcoins couldn't give us assurance.
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October 22, 2021, 12:40:51 PM
 #129

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 just one of their successful projects, and there are also others like The 1st 5000 days it was the most expensive item that have been sold. Ofcourse others will be a successful one too, like THETA and FlowFLOW. NFT are one of the hottest crypto this year.

The NFT market is expected to reach $1.3 billion by the end of 2021, with over 5.3 million sales to date.

Source: https://www.coindesk.com/learn/how-to-create-buy-and-sell-nfts/

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October 22, 2021, 12:56:47 PM
 #130

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
About NFT . We both know is not only Axie infinity success we'll pick, they are many good projects out there launching new games and it's non fungible token. Like Vulcan forge and Arcadians that's working on near Protocol, even paras the fact is they don't have same or more value than Axie but that doesn't mean it's not a success. Paras is launched it's token lately and the price is about $0.5 and will be more in future
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October 22, 2021, 03:28:17 PM
 #131

Not necessarily guaranteed to be as successful as Axie Infinity. Because it all depends on the seriousness of the team that will launch the new token. NFT is still a concern of many people to invest.
What I do know is that the initial emergence of Axie Infinity as an NFT token was also not much predicted as it is today.
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October 22, 2021, 04:23:08 PM
 #132

NFT definitely has a future and will last for a long time it just doesn't have to be a collection but can be used to make something profitable, for example axie and currently we know the most successful of other NFT projects, I have several NFT collections and it's hard to sell them at Opensea due to the issue of very high ETH transaction fees, so currently only holding a few NFT collections on the BSC, POLYGON and other networks as an alternative

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October 22, 2021, 04:24:27 PM
 #133

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
About NFT . We both know is not only Axie infinity success we'll pick, they are many good projects out there launching new games and it's non fungible token. Like Vulcan forge and Arcadians that's working on near Protocol, even paras the fact is they don't have same or more value than Axie but that doesn't mean it's not a success. Paras is launched it's token lately and the price is about $0.5 and will be more in future

The Good thing with Axie is the team really tries surviving the project, with still moving towards to their promises people who
understand the potential and invest with the project are still getting the rewards, no longer that much the same way when the
momentum is really hyping, but it's still giving decent compensation to those long-term supporters.

If those other NFT act or work the same way with Axie, the chance of more successful project under NFT will continue to rise.

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October 22, 2021, 05:52:18 PM
 #134

Can’t really tell for sure, but I do feel like it would get to a point where people would kind of get tired of it and focus on other things as well. The reason NFT is still trending now is because there have not been any other new idea in the market, it is just NFT that has been in the market lately and when something new that seems good enough comes out, people are also going to move towards that and start buying it and that might reduce the trend we have for NFT as of now.

There has been a lot of companies jumping on the NFT trend and seeing it as an opportunity to milk investors, when investors starts to notice that these things are not worth it on the long run, they are going to be giving up on it.

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October 23, 2021, 06:55:40 AM
 #135

The crypto industry is still young and growing, continuing to innovate including NFT will definitely survive in the future.
Non Fungible Tokens, are basically tokens that cannot be replicated and cannot be replaced. Therefore, an NFT artwork is always unique and can be authenticated with blockchain technology via an immutable certificate of authenticity and ownership.

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October 23, 2021, 10:49:02 AM
 #136

In the 6 years, I'm in the crypto space, this type of question raised over and over again.
Since I got into crypto, I saw the rise of ICO, STO, IEO, DeFi, and now NFT.

In my humble opinion NFT gonna stay with us, but the popularity might decrease once a new fundraising method will appear (and if you look at the short history of the crypto space, it will probably happen).

Now NFT popularity is still growing.
Here's a google trends search I just ran:




Look how the popularity of NFTs already surpassed the ICO bubble in Jan 2018




As for now, it seems like NFT is still on the rise. Since I'm working in a Blockchain PR firm, I can also tell you that many NFTs owners approach us to run a marketing campaign for their art, and the number of people who approach us just keeps growing. Companies/individuals can afford a PR campaign mostly after they have a budget for it. This gives me an indicator that the NFT space direction is UP.

Here's the link for the search I made on google trends:
https://trends.google.com/trends/explore?date=2016-01-01%202021-10-23&q=NFT,ICO,STO,IEO,DEFI




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October 23, 2021, 02:19:13 PM
 #137

The crypto industry is still young and growing, continuing to innovate including NFT will definitely survive in the future.
Non Fungible Tokens, are basically tokens that cannot be replicated and cannot be replaced. Therefore, an NFT artwork is always unique and can be authenticated with blockchain technology via an immutable certificate of authenticity and ownership.
Still don't get it why someone would want to buy an NFT artwork that is some jpeg files that anyone can copy and enjoy the same way as the owner of the original content would enjoy. I am not against NFT or anything. I am just trying to understand the NFT space. I am sure most of the people are here for the money, not to appreciate the artwork. Sad to see that people are using them to make some quick profit by trying to flip them as much as they can.

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October 23, 2021, 02:28:21 PM
 #138

The crypto industry is still young and growing, continuing to innovate including NFT will definitely survive in the future.
Non Fungible Tokens, are basically tokens that cannot be replicated and cannot be replaced. Therefore, an NFT artwork is always unique and can be authenticated with blockchain technology via an immutable certificate of authenticity and ownership.
Still don't get it why someone would want to buy an NFT artwork that is some jpeg files that anyone can copy and enjoy the same way as the owner of the original content would enjoy. I am not against NFT or anything. I am just trying to understand the NFT space. I am sure most of the people are here for the money, not to appreciate the artwork. Sad to see that people are using them to make some quick profit by trying to flip them as much as they can.
it looks too simple for an asset that probably everyone can easily own.
but in some crypto discussion forums, some specifically discuss NFT. this is not only related to visual NFT. but also some assets of the artist's work in the form of music.
perhaps the more popular ones are currently related items on the game platform. and it indicates the legal possession of in-game items that are usually very few available.
NFT is like a certificate of legality for ownership of the item itself. but I still don't know how influential NFT adoption is in the crypto market today.



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October 23, 2021, 02:46:07 PM
 #139

NFT is the current trend so it's the same with ICOs, IEOs, and IDOs which are currently being loved by new projects, I think NFT will only last a year, there will be many more new trends that will emerge..
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October 23, 2021, 03:01:10 PM
 #140

well its just like any crypto project, if it has an actual use case and is not just some shit project where the nft provides no purpose then those will crash and burn but if it is a good project and the nft's can be used in game or as digital rights to media or something of that sort then yea for sure they will stand the test of time!
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