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Author Topic: Are you actually using/buying NFT's, and Gaming Tokens?  (Read 1705 times)
7788bitcoin
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October 24, 2021, 01:23:11 PM
 #41

I'm not interested in buying any NFT. it's like buying something useless. the value of NFT is mostly based on speculation and it is very unprofitable. I prefer other types of investment. or NFT-based crypto games aren't that fun to play either, so I'm not interested in this either. so basically I don't really care about nft even though it's currently popular and a lot of people want to hold on to it.
If you think and accuse NFT investors as speculators they will call you the same as the market is rallying solely because of speculation and nothing useful  Cheesy. There is no point in blaming each other, if you are not interested there is no point in investing in them, there are many who invested in them and reaped a heavy profit and there are die hard fans investing in them.

Right now the P2E games are not popular but in the future we might see some awesome games.
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October 24, 2021, 03:03:55 PM
 #42

Yes, of course I do. I have been playing the SOVI finance game for more than 3 months. I like the process itself, despite the fact that it turns out well to make money on it.
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October 24, 2021, 03:36:17 PM
 #43

I had been part of the Enjin signature campaign when it started on Bitcointalk. Over last 3 years, I bought and sold ENJ which of course, I should have just held..LOL..

Back then I had quite a few of their ERC-1155 NFTs. Several game developers sold them for funding their indie games. I stopped paying attention to it a long time ago as Enjin didn't really make it into the NFT marketplace. The recent storm in NFTs has not been specific to any one project and its simply independent artists making NFTs directly on Ethereum or in some cases on other blockchains. Suffice to say that I missed this train too and have only recently bought some Fantasy Sports NFTs called as NFTeams. It aims to have tournaments and merchandise etc. They sold out 10K NFTs. I have no idea what the teams would be worth but just the fact that it makes you part of this community of people intrested in sports with 400 ETH to spend is nice.

Its like everyone commonly contributes and tries to make it into something interesting that has real world effects. For example, the dev of the project sent beer crates to winners of a giveaway. I see NFTs more as such identities. The few hundred bucks i paid for it seem like a subscription fee to a very novel service.
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October 24, 2021, 03:40:18 PM
 #44

I have flipped several nft on Solana and ethereum platform,  I think most people only buy and sell nft for profit.  However,  there are genuine lover of art in Cryptocurrency and nft is just a good avenue to continue their hobby and collect as much art that may caught their fancy.  I think nft is becoming mainstream and it will continue to liberalised and decentralized art to it's core!

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October 24, 2021, 03:46:55 PM
 #45

There is a big hype for all NFT & Gaming Tokens these days, I wonder how many person can actually say they own any art forms under, same for Game tokens.

I am sure there are way more buyers of the tokens than there are users!

Absolutely right. NFT is a new thing in crypto space and its use case is being developed but it is becoming popular quickly as  people are using it for gaming and as well staking beside buying it for trading purpose. Its a great market for artists where they can sell their piece of art at good price. The major platforms for trading NFTs is opensea.io and Binance. And the thing that makes an NFT different than a regular picture or JPEG is that you can prove ownership of it.

https://www.treytondevore.com/post/why-do-people-buy-nfts-financial-iq-17

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October 24, 2021, 05:30:50 PM
 #46

There is a big hype for all NFT & Gaming Tokens these days, I wonder how many person can actually say they own any art forms under, same for Game tokens.

I am sure there are way more buyers of the tokens than there are users!
Of course, because NFT are limited and pricey, people prefer to buy the actual tokens, assuming that they would be profitable soon after being deployed in various applications. After all, more usecases equals more demand, right? I own a lot of NFTs, and the most of them are the result of hard work since it's not easy to own one, and I'm sure it's not easy even if you have the money because there's whitelisting and such to own if there's still no marketplace to buy.

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October 24, 2021, 06:34:59 PM
 #47

I'm not interested in buying any NFT. it's like buying something useless. the value of NFT is mostly based on speculation and it is very unprofitable. I prefer other types of investment. or NFT-based crypto games aren't that fun to play either, so I'm not interested in this either. so basically I don't really care about nft even though it's currently popular and a lot of people want to hold on to it.
Which is as it should be, like always the scammers took advantage of a market that exhibited early potential and they have wasted the potential to the point no one is actually serious about the long term prospects of the market and they just want to obtain some easy profits out of it.

And as long as this continues I do not think we are going to get serious investors interested about NFTs at all, and if the market crashes as hard as I think it could crash then it could take years before any kind of recovery comes to the market of NFTs, and that is the best case scenario.
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October 24, 2021, 07:12:50 PM
 #48

i am currently playing alien worlds and rplanet on wax blockchain as nft i am looking to buy to complete my collection some cryptomonkeys cards,i also like cryptokitties but they are too expensive and at the moment the fees on eth are impossible

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October 25, 2021, 03:13:49 PM
 #49

There is a big hype for all NFT & Gaming Tokens these days, I wonder how many person can actually say they own any art forms under, same for Game tokens.

I am sure there are way more buyers of the tokens than there are users!

Actually I used this strategy of buying tokens of different NFT-games, but then I gave up, as I think that if you don't do your own research and just rely on others, it will not be really profitable. I am not good at computer games, they are not very interesting for me, so I didn't follow them, I just repeated after some experience gamers, but eventually it came unprofitable for me.

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October 27, 2021, 10:23:35 AM
 #50

I'm a big fan of NFTs and yes they are the upcoming trend in crypto. More people will join the ride and promising projects will do well. I believe sports NFTs are great to invest one's money on right now. Not financial advice, but good NFT projects targeting the sports sector, like the itsmyne.club, have the potential to succeed.

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October 27, 2021, 04:03:48 PM
 #51

I'm actually eyeing anything related to CSGO NFTs since I think the CSGO esports scene and with many talented players in the league, any NFTs with CSGO as the main theme would be a big hit. If baseball can have player's rare cards and be considered as collective then why not for CSGO's pro players? There was news about Flashpoint, a CSGO event organizer want to implement this but I don't see any product coming soon.
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October 27, 2021, 04:33:51 PM
 #52

I've been on the majority of IDO launch projects, gameNFT is a favorite of mine, but it's clear that single NFTs with a penchant for exaggerated art just don't seem right to me personally.  Either way, the NFT is a bargain.  It looks like the upcoming BSCS platform will develop Pool INO for already launched NFTs.  I’m is learning how to get involved when it starts.

Itsmyne and GaiA are currently 02 of the NFT platforms that I really want to buy it

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October 28, 2021, 11:27:53 AM
 #53

There are 2 kinds of NFT that are popular right now.
One is NFT art which is the one we are seeing in Opensea more often. No need for further explanation on this Smiley.
Another one is the NFT under the blockchain game. Games like Axie Infinity, Splinterlands, Voxies etc. are the examples of games which requires you to buy the NFT under the game to play it.

I'm buying NFT under blockchain games but not NFT arts and at the same time, I'm invested into Gaming Tokens right now like ENJ which is a gaming token and AXS. Kinda thinking of investing into another NFT but can't decide which or I will just wait for more NFT games to be released Cheesy.

 
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October 28, 2021, 05:48:11 PM
 #54

There are 2 kinds of NFT that are popular right now.
One is NFT art which is the one we are seeing in Opensea more often. No need for further explanation on this Smiley.
Another one is the NFT under the blockchain game. Games like Axie Infinity, Splinterlands, Voxies etc. are the examples of games which requires you to buy the NFT under the game to play it.

I'm buying NFT under blockchain games but not NFT arts and at the same time, I'm invested into Gaming Tokens right now like ENJ which is a gaming token and AXS. Kinda thinking of investing into another NFT but can't decide which or I will just wait for more NFT games to be released Cheesy.
Most people are doing what you are doing. Art part is certainly a vast market and yes there are a lot of buyers there, a lot of sellers, creative minds and so forth. However, most people are buying stuff that are utility NFT tokens so that they could do something with it. Yes all those ape and punk and whatever things did get a lot of hype and they are worth millions of dollars at high end, but that was it, we do not get that type of hype around them constantly.

On the other hand people are showing interest to IDO stuff constantly, everyone gets into the games on early stage, try to make as much token as possible with their NFT, and play as much hours as they possibly can based on game mechanics, and in return they are hoping for greater profits when the game picks up and gets famous like axie. Obviously not many gets to that level, rarely ever, but as long as they go up, it is profitable for them.
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October 28, 2021, 07:14:48 PM
 #55

Not yet! I'm still hesitating! I know some people who hold many of them, and they speak highly of them, they consider them long-run investments... but still I don't see myself in that. I tried once or twice to get more interested and to read and learn more about NFT's, but something always distracts me and I never finish that... I just postpone it for later!
From what I read about NFT generally in the news around I think it's gaining popularity more and more! So it's attractive for people, and probably I will join in some moment, I hope it will not be too late!
The truth is that there is not really a lot to learn about NFTs, the concept is incredibly simple and you either decide you want to be part of it or you refuse to enter the market, personally I refuse to do so as while I think the idea is decent the way it is being used and implemented was only going to lead us to another bubble and that is exactly what is happening at the moment, also if you are an investor I think it is a bad time to enter now as the prices of most NFTs are inflated way out of proportion compared to what they are truly worth.
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October 30, 2021, 09:06:35 PM
 #56

There is a big hype for all NFT & Gaming Tokens these days, I wonder how many person can actually say they own any art forms under, same for Game tokens.

I am sure there are way more buyers of the tokens than there are users!

Actually I used this strategy of buying tokens of different NFT-games, but then I gave up, as I think that if you don't do your own research and just rely on others, it will not be really profitable. I am not good at computer games, they are not very interesting for me, so I didn't follow them, I just repeated after some experience gamers, but eventually it came unprofitable for me.
You are not really the only one, those games are not really that entertaining so people are only playing them to try to get money out of them and when the only reason why people are playing a game is the money they can make and not because they like the game then you know this cannot last for long.

So if you found this not up to your tastes and you were unprofitable with it then it is a good idea for you to move on and find some other way to try to obtain profits from the markets.
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October 30, 2021, 11:52:01 PM
 #57

There is a big hype for all NFT & Gaming Tokens these days, I wonder how many person can actually say they own any art forms under, same for Game tokens.

I am sure there are way more buyers of the tokens than there are users!

Welcome to the cryptocurency industry then, what happen here are just hype and nothing else. We are lacking utility in the industry. Things are only speculated on and not be out into use. We had the Defi books bit a majority of the users never for ones used the Defi platform instead the tokens are been speculated on and bought for investment purpose.

Same thing is happening with gamefi and NFT, this innovation are good but the greed of investors wanting to get rich quick will spoil everything just as it did for defi and other trend before it.
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October 31, 2021, 07:50:04 AM
 #58

There is a big hype for all NFT & Gaming Tokens these days, I wonder how many person can actually say they own any art forms under, same for Game tokens.

I am sure there are way more buyers of the tokens than there are users!
So far I've never bought because I myself am not interested in games. The emergence of many gaming tokens because there are several that have proven successful in the market and so many people are interested in games, so it is not surprising that many NFT projects are interested.
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October 31, 2021, 08:56:42 AM
 #59

There are many NFTs and online games whose conditions have gone to the moon and for users, as you said above, more people buy tokens/coins than those who use them to play the game, but one thing is for sure people will be aware and know how big the potential is. of the crypto online game itself. The point is if you want to invest in any type you have to be patient.

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October 31, 2021, 09:10:21 AM
 #60

That's comparable, I'm currently in Axie Infitity where this game is an NFT game that must be used by buyers to get rewards in the form of SLP. Users and buyers here are the same. In fact, we here use a scholarship system where players use the owner's account (such as a friend, or manager).

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