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Author Topic: Future of the NFTs  (Read 1031 times)
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December 22, 2021, 06:46:07 PM
 #1

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?
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December 22, 2021, 06:53:20 PM
 #2

It's really hard to tell what will be the future of NFT's.

I guess it all depends on investors and if  they want to continue this hype. Or maybe there will be a new one next year that will relegate NFT's to the background.

The best thing to do is really take advantage of it, specially if you are a artist to make some money out of your 'talent'.

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December 22, 2021, 07:12:03 PM
 #3

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?

I hope you do know that everything here has a life span?

And sooner or later, any hype will die down, it's just a matter of time and usually it works with the market cycle. Just like in 2017 wherein there's a lot of projects that really become so hot, but majority of them didn't make it on the next cycle. So maybe this will happen to NFT's, just saying.

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December 22, 2021, 07:46:21 PM
 #4

Well, some NFT's are here to stay, and I believe we will see many new NFT projects in the future as well, simply some people will try to make something better, it's a never-ending race! But I also think that a new wave is coming, after so many years in crypto, and after so many different waves, I am sure that the next is coming, I can't say what it is, I don't have any clue is it metaverse or it will be something completely new for me, but I know it's coming... it's simply crypto, and I got used to it, I caught some waves, I missed some, it's really hard to be involved in everything new in crypto!

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December 22, 2021, 09:01:39 PM
 #5

Returning power to artists will grant them an unprecedented level of authority so that they can truly conduct their shows and live performances the way they want. All thanks to the Centaurify
It will change the world
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December 22, 2021, 09:31:21 PM
 #6

- Stop giving a space for pixel project
- Give a real artist is a value! Imagine you are artist and your art is more less rather than shit project with a same type pixel picture, animal or something like that by just change the colour and outfit they are using ~LOL.

Enough for Ape2 NFTs.

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December 22, 2021, 10:02:02 PM
 #7

I assumed that NFT would stop or at least slow down because the hype was there but then there were not that many new stuff. However, as of late we are talking about this "metaverse" situation, which is a limited thing but at least it gave a bit of life to NFT world all over again. I am not saying that it will be going on for the entire 2022, but for the first 6 months of it, seems like it is possible for people to keep investing into it. We are talking about minimum of 10-15 grand for just a tiny piece of land in sandbox, many are going for hundreds of thousands of dollars, there are a few even that goes for millions.

So, it looks like there are still some attention towards the NFT world, it is just not something that looks like it could be sustainable. In the end if you have a lot more brand new land, then it will drop the value of other lands, if you have no new lands, then eventually you will be running out of people selling their lands.

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December 22, 2021, 10:18:06 PM
 #8

I personally don't think that the hype will live on.

We see a lot of avatar projects already falling to the ground in terms of floor prices, with a lot of major projects following suit.

There will probably be a new wave of projects that will overtake everything that has been done so far, and drain the valuation from them.

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December 22, 2021, 10:24:31 PM
 #9

I personally don't think that the hype will live on.

We see a lot of avatar projects already falling to the ground in terms of floor prices, with a lot of major projects following suit.

There will probably be a new wave of projects that will overtake everything that has been done so far, and drain the valuation from them.

I believe on the contrary. Why? Because this NFT industry is just in the beginning stage of adoption.
The good thing here is that this is not for crypto users only.
As we have seen, NFT collectibles from popular personalities, artists, singers and other known individuals are hitting in the market.
So it is just a start as other artists will follow thru, they are seeing that this is another way to connect to their fans.
And since we are already in the digital age, a lot of these artists will find this NFT industry to be very useful in their career, connecting with their fans in particular.
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December 22, 2021, 10:37:57 PM
 #10

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?
There's no one that knows that for sure.

But we'll still have to see what's with them in 2022. I think that they'll drop by 2022 and people would be tuning in for the web 3.0.

It's what everybody is talking about and we have to see if that's the big thing by next year.

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December 22, 2021, 10:44:16 PM
 #11

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?

The trend will continue Coingecko create a market exclusively for NFT

https://www.coingecko.com/en/categories/non-fungible-tokens-nft,

and there are so many NFT coming up on my social media account alone they are heavily advertised, each project trying to have a share of the growing market, this is the new trend now and it helps the adoption of Cryptocurrency.

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December 23, 2021, 12:50:46 AM
 #12

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?
No one knows what is going to happen, but I doubt NFTs are going anywhere soon. With metaverse being a hype and trend, NFT is also getting a boost since NFTs are also now a part of metaverse. And I also remember reading somewhere that Instagram will be allowing users to buy NFTs through their platform or something like that. So yep, we will be seeing more of metaverse and NFTs in 2022.

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December 23, 2021, 01:33:16 AM
 #13

You cannot expect that NFT is the only wave that is made out of crypto innovations. Expect that there will be many many more to come. In fact, this early, even with the height of NFTs, there is the rise of the Metaverse. We cannot underestimate the promises of this new innovation. So there will always be new waves coming out. Metaverse is the latest of these waves and we have not yet even seen how huge its impact is. It is still in progress. But it seems big.
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December 23, 2021, 02:34:16 AM
 #14

There is no doubt that the NFT projects will have massive updates and developments to attract both investors and gamers to support them. At the same time, people should be vigilant because as the market is going strong, the scammers are also playing the role to fool those who are not familiar with this market. So it's better to be full research before investing to avoid unnecessary loss of your capital. It's better to land at the right project on your first try than to ride on a doubtful false-promising NFT project.

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December 23, 2021, 03:23:20 AM
 #15

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?
Predicting the future of one industry is like predicting the price of Bitcoin. Its very hard to predict.

We've seen NFT's all around the internet since the mid-2021 and there are NFT's everywhere. From pixelated monkeys to a $69M Dollar NFT to NFT games like Axie Infinity to CryptoPunks. NFT's right now have their value but I'm pretty sure that in the next years, most of these NFT's will decrease their value or worse they might be worthless in the future (hope not). We might see new NFT games and arts next year though the hype isn't there anymore. We might see new NFT games in the future but there will be lesser investors to invest into it. We don't know for sure what will happen next year but NFT's will always be there that's for sure.

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December 23, 2021, 05:37:39 AM
 #16

Seeing the current market trend at the pace of NFT is still same like everyone dropping their artworks in hope for earning money but now the demand has been shrinked to some extent as you might see because now the NFT that are only image format and no secondary utility have less demand and floor price but on the other side some games based NFT are now more popular and will survive the long run at last otherwise it's not possible.

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December 23, 2021, 06:15:57 AM
 #17

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?

It's hard to tell, we have seen a lot of projects that come and go. Remember the DeFi? Now it's NFT I'm sure there is something next after NFT probably DAO? but of course the NFT will still be there but a new hype projects will come and investors from different groups will be focusing on something new rather than the previous one. Not unless of course there will be some new changes in NFT or new games that will change the course of the game.

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December 23, 2021, 06:16:32 AM
 #18

2021 is the beginning of the rise of NFT and will increasingly find its best market opportunities. Because NFT is a serious project with promising prospects, many people accept the concept of NFT with enthusiasm. In the future, more and more NFT creators may appear and increase the popularity and price of NFT.

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December 23, 2021, 06:30:46 AM
 #19

2021 is the beginning of the rise of NFT and will increasingly find its best market opportunities. Because NFT is a serious project with promising prospects, many people accept the concept of NFT with enthusiasm. In the future, more and more NFT creators may appear and increase the popularity and price of NFT.
NFTs have a long time to stay on the center stage even beyond 2022 because artists will continue to make new content at every time and that will lead to more relevance of the NFT projects, 2021 was a great year for NFTs but as you rightly said it just the beginning of NFT boom.

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December 23, 2021, 07:09:43 AM
 #20

The NFT trend can continue next year as many people have started creating their first NFT and trying to sell on the OpenSea website. But they should know that the trend can change and replace by a new idea or concept about crypto and I am sure that crypto will grow in the future. The NFT is just part of crypto and it really attracts people to come and join to earn a reward by playing the games or creating their own NFT. While the trend continues, you can still involve in the trend but you should always watch over the trend because there is no sign for you knowing when the trend will end.

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