How many in this community are into NFT?

[pakhitheboss]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

[1715154599]

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[teosanru]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

NFT will become too valuable in the future, but its value will come not from the Art-based NFTs but from the NFTs which aim at creating games and subsequently metaverses. These celebs' NFTs are just money-earning tricks created by these celebs and people would soon realize this and will not put their money in them unless they are into collecting Antiques and raribles. Metaverses aim at creating digital identities for everyone, when a person would want to become part of that metaverse, buying NFTs would be made mandatory and that will drive the major part of the growth of the NFTs, graphic design NFTs are way out of trend now and were just overhyped.

[pakhitheboss]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

NFT will become too valuable in the future, but its value will come not from the Art-based NFTs but from the NFTs which aim at creating games and subsequently metaverses. These celebs' NFTs are just money-earning tricks created by these celebs and people would soon realize this and will not put their money in them unless they are into collecting Antiques and raribles. Metaverses aim at creating digital identities for everyone, when a person would want to become part of that metaverse, buying NFTs would be made mandatory and that will drive the major part of the growth of the NFTs, graphic design NFTs are way out of trend now and were just overhyped.

I am still trying to understand how then these graphic designers who have listed their work on a marketplace like opensea are still making money if art is no more hyped. Check out the listing once and look into the amount they are charging for something which I do not think is valuable. I also read somewhere maybe within the forum that a lot of people are into NFT because they want to convert their black money to white. Is that true?

[amishmanish]

NFTs are, like everything else technology related, not really for the poor guy.

Though it does give the skilled and kind enthusiasts to use it as a way of getting some of these poor guys some actual profits by sending out their work in the form of NFTs and creating a market for them. Much like what National Geographic documentaries used to do for tourism destinations and subsequently for the economies of those places.

So people may not be able to help themselves with NFT, we can help them with that given enough time and desire.

I have bought a few NFTs but there is such a proliferation of them that nothing stays valuable for long enough. Its always the few that command a premium while the rest of the volumes and profits are grabbed by flippers.

[teosanru]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

NFT will become too valuable in the future, but its value will come not from the Art-based NFTs but from the NFTs which aim at creating games and subsequently metaverses. These celebs' NFTs are just money-earning tricks created by these celebs and people would soon realize this and will not put their money in them unless they are into collecting Antiques and raribles. Metaverses aim at creating digital identities for everyone, when a person would want to become part of that metaverse, buying NFTs would be made mandatory and that will drive the major part of the growth of the NFTs, graphic design NFTs are way out of trend now and were just overhyped.

I am still trying to understand how then these graphic designers who have listed their work on a marketplace like opensea are still making money if art is no more hyped. Check out the listing once and look into the amount they are charging for something which I do not think is valuable. I also read somewhere maybe within the forum that a lot of people are into NFT because they want to convert their black money to white. Is that true?

Yes, true many people are using it to convert their money from black to white. Also, the worst part about graphic-based NFTs are their value is primarily derived from the past sales price of that NFT. I read an example on Linkedin posted by someone, let's say, I have 100 ETH in 3 different accounts, and I was a graphic designer create an NFT and buy that NFT for 20 ETH using my own address I just paid some gas fees that's it, but now I have 99.9 ETH and an NFT worth 20ETH now I do this once again using 30ETH and therefore showing a price history of sales, using this hype I can easily sell an NFT whose recent sale was of 30ETH at a price of 10 ETH, which means I made 110 ETH out of thin air 

[pakhitheboss]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

NFT will become too valuable in the future, but its value will come not from the Art-based NFTs but from the NFTs which aim at creating games and subsequently metaverses. These celebs' NFTs are just money-earning tricks created by these celebs and people would soon realize this and will not put their money in them unless they are into collecting Antiques and raribles. Metaverses aim at creating digital identities for everyone, when a person would want to become part of that metaverse, buying NFTs would be made mandatory and that will drive the major part of the growth of the NFTs, graphic design NFTs are way out of trend now and were just overhyped.

I am still trying to understand how then these graphic designers who have listed their work on a marketplace like opensea are still making money if art is no more hyped. Check out the listing once and look into the amount they are charging for something which I do not think is valuable. I also read somewhere maybe within the forum that a lot of people are into NFT because they want to convert their black money to white. Is that true?

Yes, true many people are using it to convert their money from black to white. Also, the worst part about graphic-based NFTs are their value is primarily derived from the past sales price of that NFT. I read an example on Linkedin posted by someone, let's say, I have 100 ETH in 3 different accounts, and I was a graphic designer create an NFT and buy that NFT for 20 ETH using my own address I just paid some gas fees that's it, but now I have 99.9 ETH and an NFT worth 20ETH now I do this once again using 30ETH and therefore showing a price history of sales, using this hype I can easily sell an NFT whose recent sale was of 30ETH at a price of 10 ETH, which means I made 110 ETH out of thin air 

As usual, people have already started exploiting the loopholes. This is in general common practice in the art industry the value of an existing painting or art is derived from its old price. But, what you have told me is a scam and people are falling for it. The problem in crypto industry is that most are new and most never do any kind of research before investing.

[teosanru]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

NFT will become too valuable in the future, but its value will come not from the Art-based NFTs but from the NFTs which aim at creating games and subsequently metaverses. These celebs' NFTs are just money-earning tricks created by these celebs and people would soon realize this and will not put their money in them unless they are into collecting Antiques and raribles. Metaverses aim at creating digital identities for everyone, when a person would want to become part of that metaverse, buying NFTs would be made mandatory and that will drive the major part of the growth of the NFTs, graphic design NFTs are way out of trend now and were just overhyped.

I am still trying to understand how then these graphic designers who have listed their work on a marketplace like opensea are still making money if art is no more hyped. Check out the listing once and look into the amount they are charging for something which I do not think is valuable. I also read somewhere maybe within the forum that a lot of people are into NFT because they want to convert their black money to white. Is that true?

Yes, true many people are using it to convert their money from black to white. Also, the worst part about graphic-based NFTs are their value is primarily derived from the past sales price of that NFT. I read an example on Linkedin posted by someone, let's say, I have 100 ETH in 3 different accounts, and I was a graphic designer create an NFT and buy that NFT for 20 ETH using my own address I just paid some gas fees that's it, but now I have 99.9 ETH and an NFT worth 20ETH now I do this once again using 30ETH and therefore showing a price history of sales, using this hype I can easily sell an NFT whose recent sale was of 30ETH at a price of 10 ETH, which means I made 110 ETH out of thin air 

As usual, people have already started exploiting the loopholes. This is in general common practice in the art industry the value of an existing painting or art is derived from its old price. But, what you have told me is a scam and people are falling for it. The problem in crypto industry is that most are new and most never do any kind of research before investing.

Absolutely true, people in this industry first see the first movers becoming rich and then they think getting rich is too easy they just have to replicate what that person did but until then it's too late and these people fall prey to these foolish tactics created by smart people to earn from their investments. Secondly, finding loopholes has always been a habit of folks, especially when it comes to converting black money to white money. I feel this circle would go on continuously just a few people out of the foolish ones become smart each year rest all of them are butchered by the whales for earning money.

[pakhitheboss]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

NFT will become too valuable in the future, but its value will come not from the Art-based NFTs but from the NFTs which aim at creating games and subsequently metaverses. These celebs' NFTs are just money-earning tricks created by these celebs and people would soon realize this and will not put their money in them unless they are into collecting Antiques and raribles. Metaverses aim at creating digital identities for everyone, when a person would want to become part of that metaverse, buying NFTs would be made mandatory and that will drive the major part of the growth of the NFTs, graphic design NFTs are way out of trend now and were just overhyped.

I am still trying to understand how then these graphic designers who have listed their work on a marketplace like opensea are still making money if art is no more hyped. Check out the listing once and look into the amount they are charging for something which I do not think is valuable. I also read somewhere maybe within the forum that a lot of people are into NFT because they want to convert their black money to white. Is that true?

Yes, true many people are using it to convert their money from black to white. Also, the worst part about graphic-based NFTs are their value is primarily derived from the past sales price of that NFT. I read an example on Linkedin posted by someone, let's say, I have 100 ETH in 3 different accounts, and I was a graphic designer create an NFT and buy that NFT for 20 ETH using my own address I just paid some gas fees that's it, but now I have 99.9 ETH and an NFT worth 20ETH now I do this once again using 30ETH and therefore showing a price history of sales, using this hype I can easily sell an NFT whose recent sale was of 30ETH at a price of 10 ETH, which means I made 110 ETH out of thin air 

As usual, people have already started exploiting the loopholes. This is in general common practice in the art industry the value of an existing painting or art is derived from its old price. But, what you have told me is a scam and people are falling for it. The problem in crypto industry is that most are new and most never do any kind of research before investing.

Absolutely true, people in this industry first see the first movers becoming rich and then they think getting rich is too easy they just have to replicate what that person did but until then it's too late and these people fall prey to these foolish tactics created by smart people to earn from their investments. Secondly, finding loopholes has always been a habit of folks, especially when it comes to converting black money to white money. I feel this circle would go on continuously just a few people out of the foolish ones become smart each year rest all of them are butchered by the whales for earning money.

I found out about another scam on Opensea. After public sale is over scammers on Opensea create an impression that they would like to sale their NFT in losing price. When user tryies to purchase the NFT they will increase the price without the knowledge of that individual. The user will think it is technical display glitch and will go ahead with the transaction. This another vulnerability of Opensea market place.

[pawanjain]

NFTs are quite new to be honest. It's just like the ICO era where everybody wanted to hop in to the boat and make money investing in shit tokens.
Many made good profits in the beginning but as the ICO era came to an end people started losing their money.
NFT era is just the ICO era and people started throwing their money buying NFTs with shit art.
But these days not every NFT project is making money. In fact most of them are not gaining any traction.
People are just starting to realize that they should not blindly invest in all the NFTs.

To be honest, NFT is a really cool technology but people are using it for wrong purposes.
Owning a digital asset which is unique is really a cool tech but it has to be utilized in a proper way to make the most out of it.
Only time will tell how good NFTs can be. But one thing is for sure and that is that the these shit arts are not gonna make it in the long run.
Most of these NFT projects will die soon.

[pakhitheboss]

I have been looking into the NFT space for a month now on Opensea and there are many interesting things that I came to know and one of them is the rarity tool. As per my understanding if the rarity of your digital art is less than 2000 then it is considered good. The only thing that is prohibiting me to enter this space is the transaction fee of Ethereum. It seems the art is costing cheaper than the fee. Ayone knows good BEP20 or Matic NFT platforms or any project worth looking for?

[pawanjain]

I have been looking into the NFT space for a month now on Opensea and there are many interesting things that I came to know and one of them is the rarity tool. As per my understanding if the rarity of your digital art is less than 2000 then it is considered good. The only thing that is prohibiting me to enter this space is the transaction fee of Ethereum. It seems the art is costing cheaper than the fee. Ayone knows good BEP20 or Matic NFT platforms or any project worth looking for?

Rarity of the art depends on various factors such as number of images in the collection, number of traits the art have, % of each traits the collection has etc...
All of these together determines how rare the art is. ETH NFTs are really costly because of the gas fess.
I have never thought of diving into ETH NFTs. I do have some experience in Solana NFTs though.
Solana NFTs are the best ones after ETH NFTs. They are Cheap and has some good projects.

But the NFT hype is decreasing these days in my opinion.

[libert19]

Isn't that 'superstar' selling point in first place? Artist must be getting his cut, and without the selling point no one would purchase. Imo it's fine.

[pakhitheboss]

I have been looking into the NFT space for a month now on Opensea and there are many interesting things that I came to know and one of them is the rarity tool. As per my understanding if the rarity of your digital art is less than 2000 then it is considered good. The only thing that is prohibiting me to enter this space is the transaction fee of Ethereum. It seems the art is costing cheaper than the fee. Ayone knows good BEP20 or Matic NFT platforms or any project worth looking for?

Rarity of the art depends on various factors such as number of images in the collection, number of traits the art have, % of each traits the collection has etc...
All of these together determines how rare the art is. ETH NFTs are really costly because of the gas fess.
I have never thought of diving into ETH NFTs. I do have some experience in Solana NFTs though.
Solana NFTs are the best ones after ETH NFTs. They are Cheap and has some good projects.

But the NFT hype is decreasing these days in my opinion.

Do you know any good project in Solano NFT or any upcoming ones. Not much information is coming out of Solano NFT at the moment.

Another question does anyone knows where to find information and news related to the NFT space? I am seriously Interested in getting those JPG images

[pawanjain]

I have been looking into the NFT space for a month now on Opensea and there are many interesting things that I came to know and one of them is the rarity tool. As per my understanding if the rarity of your digital art is less than 2000 then it is considered good. The only thing that is prohibiting me to enter this space is the transaction fee of Ethereum. It seems the art is costing cheaper than the fee. Ayone knows good BEP20 or Matic NFT platforms or any project worth looking for?

Rarity of the art depends on various factors such as number of images in the collection, number of traits the art have, % of each traits the collection has etc...
All of these together determines how rare the art is. ETH NFTs are really costly because of the gas fess.
I have never thought of diving into ETH NFTs. I do have some experience in Solana NFTs though.
Solana NFTs are the best ones after ETH NFTs. They are Cheap and has some good projects.

But the NFT hype is decreasing these days in my opinion.

Do you know any good project in Solano NFT or any upcoming ones. Not much information is coming out of Solano NFT at the moment.

The best NFT project till date on Solana blockchain is Aurory. They have a good team and concept.
The current floor price is around 21 SOL which means around $4500 which is huge for an average person like me.

Website link : https://aurory.io/
You can buy it from : https://www.solanart.io/

Another question does anyone knows where to find information and news related to the NFT space? I am seriously Interested in getting those JPG images

You can follow the NFT space on Twitter and Discord. On twitter search for hashtags like #NFT #SolanaNFT #NFTGiveaway #NFTshill etc...
These will give you the tweets from various NFT projects. Follow the ones which are of your interest and join their Discord servers.


Important point : There will be many NFT projects but don't fall for them. Do a thorough research before putting your money in any of them.

[pakhitheboss]

I have been looking into the NFT space for a month now on Opensea and there are many interesting things that I came to know and one of them is the rarity tool. As per my understanding if the rarity of your digital art is less than 2000 then it is considered good. The only thing that is prohibiting me to enter this space is the transaction fee of Ethereum. It seems the art is costing cheaper than the fee. Ayone knows good BEP20 or Matic NFT platforms or any project worth looking for?

Rarity of the art depends on various factors such as number of images in the collection, number of traits the art have, % of each traits the collection has etc...
All of these together determines how rare the art is. ETH NFTs are really costly because of the gas fess.
I have never thought of diving into ETH NFTs. I do have some experience in Solana NFTs though.
Solana NFTs are the best ones after ETH NFTs. They are Cheap and has some good projects.

But the NFT hype is decreasing these days in my opinion.

Do you know any good project in Solano NFT or any upcoming ones. Not much information is coming out of Solano NFT at the moment.

The best NFT project till date on Solana blockchain is Aurory. They have a good team and concept.
The current floor price is around 21 SOL which means around $4500 which is huge for an average person like me.

Website link : https://aurory.io/
You can buy it from : https://www.solanart.io/

Another question does anyone knows where to find information and news related to the NFT space? I am seriously Interested in getting those JPG images

You can follow the NFT space on Twitter and Discord. On twitter search for hashtags like #NFT #SolanaNFT #NFTGiveaway #NFTshill etc...
These will give you the tweets from various NFT projects. Follow the ones which are of your interest and join their Discord servers.


Important point : There will be many NFT projects but don't fall for them. Do a thorough research before putting your money in any of them.

Thanks for the detailed information. I will check that project need to do some research on it. It looks like a metaverse as a first impression to me. Need to check their whitepaper and if it suits me then I will certainly go ahead with the project.

If anyone here has any other recommendations then please do leave your valuable comment. Just a reminder I am not looking for projects on Ethereum blockchain.

[Sweetbtc]

Art nft is looking useless. May be in future if some good usecase come to front like use as a ticket for show and sports stadium.
I have some Solona base NFTs and ganing nfts and i believe that metaverse trend is working good and if we have early NFTs we can sell it high ans also use these nfts in game to earn huge reward there.

[avikz]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

NFT is a garbage! It may be good for celebrities because they have something to back them up. If you own a NFT created by Amitabh Bacchan, then you have something to say about your purchase. But as a common man, it means nothing. If I create an image, I don't have anything to back up to increase its value so regardless of the quality of my images, it won't get any attention.

NFT market is just riding on hype. This hype is bound to decease after a certain time period and may never ckme back again. It's a great tool for money laundering as well. So prefer to stay clear out of this market.

[pakhitheboss]

NFT is super hyped and after Amitabh Bachchan and the news that Rajnikant will also enter it will become viral. What I like about it is that, these superstars are promoting cryptocurrency indirectly. Another aspect of NFT that in my opinion is it will help many new and upcoming graphic designers. Only if they are able to come up with some unique creation. What I dislike is that only celebrities are cashing out. Not all graphic designers are making enough money.

In my point of view a common man who is a good on canvas such as a wallboard painter cannot earn through NFT. He will still struggle to make his or her ends meet.

What do you guys think?

NFT is a garbage! It may be good for celebrities because they have something to back them up. If you own a NFT created by Amitabh Bacchan, then you have something to say about your purchase. But as a common man, it means nothing. If I create an image, I don't have anything to back up to increase its value so regardless of the quality of my images, it won't get any attention.

NFT market is just riding on hype. This hype is bound to decease after a certain time period and may never ckme back again. It's a great tool for money laundering as well. So prefer to stay clear out of this market.

You are right but people are going after this hype and some have also made tons in the NFT market. After celebrities now big companies are also venturing into this craze. Read a few days back the Pepsi has launched its first brand NFT known as Pepsi Mic Drop. They know this will generate a good income for them. Since I have been researching on NFT I have also seen people investing 0.03E and selling at 0.2E in a month time. While the crypto market is in red the NFT market is still in green.

[checkmatesir]

I impress from nft and i wish i would buy more nfts and hold for future. Solona nfts are very good and also etherium nfts are veey good.
People interest in NFT is going hiGh day by day. Many artist already released their NFts and products companies also lookinh to release NFT. I have some NFTs and i hold itbfor future trend.

[Sweetbtc]

I live nfts and their trend. Nft is not just an art but will be  use for different purpose. At this time people just use for buy and sell like tokens. Some projects offer also mining and staking through their NFTs.
Good usecase is Gaming metaverse where its use as a weopen,land,Clothes,inventory etc but i expect some more in future. I bought 10+ for future.