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Author Topic: Future of the NFTs  (Read 1027 times)
taufik0911
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January 24, 2022, 06:53:05 PM
 #121

I think NFT has a high potential in game development where a character has its own patent that no one else can copy
besides the development of NFT will change the world of education where certificates and awards can use NFT which cannot be manipulated, it will be very useful to reduce counterfeiting of diplomas and certificates

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January 24, 2022, 08:47:32 PM
 #122

I think NFT has a high potential in game development where a character has its own patent that no one else can copy
besides the development of NFT will change the world of education where certificates and awards can use NFT which cannot be manipulated, it will be very useful to reduce counterfeiting of diplomas and certificates
I see the skins in League of Legends CSGO etc being NFTs in the future. That's a natural grow for both spaces and first good implementation.
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January 24, 2022, 08:59:09 PM
 #123

NFT is a trend nowadays and many people talk about the future of NFT which is still uncertain, whether it is temporary or will continue to increase.
Things like this will probably tend to last for a few years and not for too long I think, because the hype right now is very worrying and seems forced to some people, I think.

NFT has a lot of potential for artists, who can use it to solve the problem of monetizing digital work, and with NFT they earn royalties every time
the potential for artists is indeed very sufficient but don't forget the people who really only take advantage of this for a moment.
especially with some time ago there is someone who is indeed quite viral because the selfies he has taken for years are selling and this makes almost everyone follow in his footsteps but not in a natural way and supportive art, but with something that tends to impose their will, because not only food that they use as NFT material, but there are clothes and even photos for KYC

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January 24, 2022, 09:59:45 PM
 #124

~
I haven't heard from DeFis quite a while. I thought they just disappeared completely in the face of crypto, then these NFTs just took over the crypto space. NFT games are the trend right now actually and I even rarely heard about NFT paintings, more like people just downloading and editing random PNGs in the internet to sell it for millions of USDs. Roll Eyes

Hopefully you can understand how ridiculous all of this is.

You are not going to see a lot of utility out of NFTs any time soon. And the little utility that it does have will only be derived from the hype factor and the fact that people are out here chasing high returns on a speculative asset.

Certainly not an asset class I would want to hold through the bear market, that's for sure.
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January 25, 2022, 10:23:14 PM
 #125


Many metaverses actively use NFT and continue to develop and interact with each other. For example, a next-gen gaming NFT utility initiative named Shuna Inuverse (SHUNAV2) bypasses that process by making partnerships with the already existing and future appearing tokens to share their metaverses. More information about how it is possible to interact between different metaverses can be found here - https://www.livebitcoinnews.com/lbank-exchange-will-list-shuna-inuverse-shunav2-on-january-5-2022/

Now cryptocurrency market falls but people continue to buy NFT.
Many famous persons and big companies create their own NFT collections and actively promote them.
That is why NFT and NFT collections are so popular.

Because famous persons and big companies promoted their NFT collections, people speak about such collections.
They are very popular and in demand. That is why people continue to buy NFT.
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January 27, 2022, 07:29:40 AM
 #126

~
I haven't heard from DeFis quite a while. I thought they just disappeared completely in the face of crypto, then these NFTs just took over the crypto space. NFT games are the trend right now actually and I even rarely heard about NFT paintings, more like people just downloading and editing random PNGs in the internet to sell it for millions of USDs. Roll Eyes

Hopefully you can understand how ridiculous all of this is.

You are not going to see a lot of utility out of NFTs any time soon. And the little utility that it does have will only be derived from the hype factor and the fact that people are out here chasing high returns on a speculative asset.

Certainly not an asset class I would want to hold through the bear market, that's for sure.

More on investment side and a gamble if things work out, then you are entitled to earn decently.

We really don't know what future will bring to our investment but if we understand how to handle the risk and we are
capable of accepting whatever happened to our stake amount, we can move forward.

So far, everything is still at his pace. Who knows what progress this side of industry will come up in the next following years
it's your own decision to make if you have spare and you are willing to gamble the fate of your investment..
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January 27, 2022, 07:50:10 AM
 #127

As the year 2021 is coming to an end what is the future for the new rave of the moment NFTs which seems to have taken over the cryptocurrency market in 2021 as the new year 2022 is coming and a lot of projects coming up what do we expect to see in the coming year will NFTs continue to drive or a new wave is coming?

Most people are pointing a hedge against some crypto asset when the bear market strike and seriously I think they are right I mean something like boredapes and crytopunks are undoubtedly going to stay high since most of their buyers are just holding for royalty and maybe art and Is likely not to be sold cheap and surely their will be buyers for such kinds of collections quickly

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January 27, 2022, 08:43:23 AM
 #128

As the year 2021 is coming to an end what is the future for the new rave of the moment NFTs which seems to have taken over the cryptocurrency market in 2021 as the new year 2022 is coming and a lot of projects coming up what do we expect to see in the coming year will NFTs continue to drive or a new wave is coming?

NFT has a very bright future considering the type of company embracing the tech, facebook and Instagram soon will have a market place for buying and selling NFT. Just imagine the number of investors they will be bringing into the space with the number of users they already have on their platform. Big companies are also picking interest by introducing their own NFT collections. The trends is not going anywhere, it will keep on improving and dominating as time goes on.

2022 would not be a total bearish season for the industry, we might see some corrections there and here but overall we will see new adoption of the industry and with NFT that adoption will be very easy because project can easily digitized their products as NFT and auction them out with ease.

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January 27, 2022, 08:58:41 PM
 #129

Future of Nft is looking very good but not for all. Big Artist  can sell high while common artist,
95% of those who create an NFT collection are disappointed because they cannot sell them. The same percentage has not yet understood that the value of a nft is given by its usefulness (99%). The remaining 1% concerns the art or better the graphic quality.

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January 27, 2022, 09:35:58 PM
 #130

Future of Nft is looking very good but not for all. Big Artist  can sell high while common artist,
95% of those who create an NFT collection are disappointed because they cannot sell them. The same percentage has not yet understood that the value of a nft is given by its usefulness (99%). The remaining 1% concerns the art or better the graphic quality.

One thing that boggles up my mind on whats the true usage or relevance of NFT art which everything could really be driven off with hype.Its true that nft made out by those big artist or popular then for sure it would really sell high but if not then it would be just crap and thats reality but surprisingly there are ones who do reach out millions which it isnt surprising specially if its been on main hype as of this moment.
Future would be still unsure because we know once the hype is gone then expect value would really be going down.This is why its not bad to secure out profits out of those NFT's if you do have one.  Smiley

R


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January 27, 2022, 10:06:52 PM
 #131

This section is not suitable for the masses, only for a few people! Because there are differences in thinking, haha. Values are different.
I dont think that this kind of NFT will be the future,There should be others NFT.
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January 28, 2022, 12:50:37 AM
 #132

NFT is a very interesting and promising sphere. Tokenisation itself can bring us a lot of useful products and services. You can tokenise everything you can imagine. I think we will see some really exciting cases here and all these NFT pics are only the beginning of this hype.

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January 28, 2022, 11:15:11 AM
 #133

One thing that boggles up my mind on whats the true usage or relevance of NFT art which everything could really be driven off with hype.Its true that nft made out by those big artist or popular then for sure it would really sell high but if not then it would be just crap and thats reality but surprisingly there are ones who do reach out millions which it isnt surprising specially if its been on main hype as of this moment.
Future would be still unsure because we know once the hype is gone then expect value would really be going down.This is why its not bad to secure out profits out of those NFT's if you do have one.  Smiley
I am going to try to explain this, but I am neither an expert on NFT, nor even have one (just a few free ones). What is the point of any art? What is the point of Mona Lisa? You may say Mona Lisa has a worth, and that is why it is expensive, but what is the point of the art on the wall of your house?

I have one, it is made by an artist, a respectable one since he was capable of it, but not a famous one, so it was VERY cheap, like less than $50, but it is still art, and I believe it looks amazing, put picasso signature under it and suddenly it worths 50 million instead of $50.

Same goes with NFT, people think it has a value, they spend thousands, because that is what they think it worths. There is also the dark side, where people buy from themselves, so if I have 500k, then I create an NFT and buy it from myself for 500k, now I have 500k and an NFT that was bought for 500k. Also money laundering happens as well. So between the art part and the bad people part, NFT became very famous.

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January 29, 2022, 02:04:31 PM
 #134

I think people need to see the bigger picture here when it comes to NFT's. And yes while it is a hype train and JPEG's are selling for obscene amounts.
There actually are some projects that wants to bring real utility to NFT's.

One of these is Plastiks they are launching their platform soon, and they are focusing on merging NFT's and Recycling companies together so that they can sell Recovery Guarantees of SUP's ( Single Use Packaging ) to consumer brands. Along with this they can mint the NFT with some art if they choose to do so by the artists that upload art on the platform.

1. Recyclers upload their invoices for X amount of KG plastic recovered and sold. And they mint an NFT and choose some art to be included with it.
2. They sell the NFT on the marketplace to consumer brands and / or regular people that want to contribute to remove plastics from our oceans and land.
3. Some of the proceeds goes to recover additional plastics from nature.

And btw these NFT's can only be bought with their own native token, and with the EU Single-Use Plastics Directive i can see real value and utility with these NFT's

I am interested in what other use cases we might find for NFT's in the future.
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January 30, 2022, 08:58:25 PM
 #135


Many metaverses actively use NFT and continue to develop and interact with each other. For example, a next-gen gaming NFT utility initiative named Shuna Inuverse (SHUNAV2) bypasses that process by making partnerships with the already existing and future appearing tokens to share their metaverses. More information about how it is possible to interact between different metaverses can be found here - https://www.livebitcoinnews.com/lbank-exchange-will-list-shuna-inuverse-shunav2-on-january-5-2022/

Price of NFT depends from demand in them.
Demand depends a lot on promotion. Famous persons and big companies promote NFT, people believe in the growth of NFT price and buy NFT.

Many people create their own NFT collections, NFT is a morden trend and many people want to earn money on this trend.
People continue to buy NFT hoping for their price grow.
NFT's at least most of them give something with them. Passive income or some kind of royality that comes with it. Those are soe of the reasons why NFTs keep growing in price.
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January 30, 2022, 11:55:20 PM
 #136

Future of Nft is looking very good but not for all. Big Artist  can sell high while common artist,
95% of those who create an NFT collection are disappointed because they cannot sell them. The same percentage has not yet understood that the value of a nft is given by its usefulness (99%). The remaining 1% concerns the art or better the graphic quality.

One thing that boggles up my mind on whats the true usage or relevance of NFT art which everything could really be driven off with hype.Its true that nft made out by those big artist or popular then for sure it would really sell high but if not then it would be just crap and thats reality but surprisingly there are ones who do reach out millions which it isnt surprising specially if its been on main hype as of this moment.
Future would be still unsure because we know once the hype is gone then expect value would really be going down.This is why its not bad to secure out profits out of those NFT's if you do have one.  Smiley

NFTs are an opportunity that I think many left or killed, the devs of many NFT games have created a panic among investors that resembles ICOs in 2017-2018, in this case NFTs started with Art and for many artists who took a very high capitalization, then looked for a way to do business with games, now I only see a possibility of success through the metaverses, and since the metaverses promise to be the best for the beginning of a different digital future, I think that If it is not taken advantage of in the best way, they will kill everything as pyramid schemes occur, as happened with most games in 2021.

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January 31, 2022, 12:58:47 PM
 #137


Many metaverses actively use NFT and continue to develop and interact with each other. For example, a next-gen gaming NFT utility initiative named Shuna Inuverse (SHUNAV2) bypasses that process by making partnerships with the already existing and future appearing tokens to share their metaverses. More information about how it is possible to interact between different metaverses can be found here - https://www.livebitcoinnews.com/lbank-exchange-will-list-shuna-inuverse-shunav2-on-january-5-2022/

Price of NFT depends from demand in them.
Demand depends a lot on promotion. Famous persons and big companies promote NFT, people believe in the growth of NFT price and buy NFT.

Many people create their own NFT collections, NFT is a morden trend and many people want to earn money on this trend.
People continue to buy NFT hoping for their price grow.
NFT's at least most of them give something with them. Passive income or some kind of royality that comes with it. Those are soe of the reasons why NFTs keep growing in price.
There is no gainsaying the fact that NFT gives content creatures the opportunity of generating passive income on the blockchain network and this has given them the chance to properly manage their content and its ownership.
Yeah and I think the integration with other aspects of life will bring even more money into NFT. I think we will see the real implementation of NFT in near future.
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February 01, 2022, 05:31:31 PM
 #138

Nft will be future of crypto like Defi. I  always look for rare and valuable assets. For example, I am waiting for tomorrow's Death Merchant dropping on Terra Virtua because  it's gonna be limited quantity, and the common tier has been removed to reduce variants. I'm literally counting hours to get mine!

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February 01, 2022, 05:34:10 PM
 #139

The NFT has shown no bubbles so far. Because NFT is a function on the platform compared in trade in the market like the usual token. NFT hype in trading is neater as if there is no bubble with this trend. However, I hope that NFT can advance in 2022 because there is still a lot to be developed from NFT.

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February 01, 2022, 05:36:39 PM
 #140

NFT will never die, NFT has become one unit with Metaverse and Defi which big companies participate in in promoting their market through NFT. NFT is one of the digital assets that has copyright in blockchain in the future until 2025 I am sure NFT will still exist and hype like the previous year

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