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Author Topic: Future of the NFTs  (Read 1034 times)
wxa7115
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January 09, 2022, 07:43:53 PM
 #81

Obviously not all NFTs are created equal,  while many believed that NFTs would take over the world of digital art I really think their main application will be in video games as all in-game items eventually become NFTs.

This could even some solve issues with glitches that duplicate items on games that are multiplayer as technically each item would be unique and will have a sole owner, and once the metaverse is a reality then NFTs of all kind could grow in popularity, but there is a long time before that could become the main application of NFTs.
Video games are something that is properly fit for NFT for sure, but they are not the only things neither. I feel like we are missing a big thing, I am not entirely sure what it is yet, but I know that games can't be the only things that we are looking at for NFT. For example, we could be using it for development process as well, I know that it is not really there yet but I feel like it could be done for developers.

We already have art, so why not make it more like art design for building new stuff and not just pure art and that's it, 3d art in games and other stuff are valuable, it could be used there as well. We have some musicians even selling the royalty rights of their music, and beat makers selling their beats, but it is not too known yet. All of these "extra" stuff could be great and maybe some new things could come up as well. I want to see NFT in games grow super big, but I want NFT's to be used in other places as well.
Without a doubt there are many potential applications for NFTs, but we are at the early stages of what we can expect out of them, as the technology is still too new to know where it will exactly lead.

For example we have seen that some artists have sold their digital art for a lot of money, but there are also a lot of people stealing digital art, trying to make it pass as their own, selling it and taking away profits from the real artists that now have no chance to remove those NFTs from the market and see how their work is being sold for a lot of money and they get nothing in return for their efforts.
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January 10, 2022, 11:01:47 AM
 #82

I don't think the NFT can go that far. It will be able to go further if it introduces trading practices on any exchange.There are many people who do not believe in this NFT. There are some people who don't know much about NFT.However, NFT will not be as popular as blockchain. And it may take a long time to popularize.

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January 10, 2022, 11:13:35 AM
 #83

I also hope that NFT in 2022 will venture into various industries so that this concept can be applied to the wider industry. We only see axie  infinity games with successful NFT games. However, I am sure many new NFT projects will grow in various industries. I'm interested in the entertainment industry as well as film.
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January 10, 2022, 03:13:38 PM
 #84

Every day appears a lot of new NFT.
The choice of NFT is very big.
But how to choose the right and promising NFT for investment which price will continue to grow in 2022?
Who said that NFT will continue to rise in 2022 ? whereas the cryptocurrency market continues to decline non-stop and all coins are bleeding right now, so this needs clearer clarification so that everyone can understand NFT.

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January 10, 2022, 08:38:30 PM
 #85

Without a doubt there are many potential applications for NFTs, but we are at the early stages of what we can expect out of them, as the technology is still too new to know where it will exactly lead.

For example we have seen that some artists have sold their digital art for a lot of money, but there are also a lot of people stealing digital art, trying to make it pass as their own, selling it and taking away profits from the real artists that now have no chance to remove those NFTs from the market and see how their work is being sold for a lot of money and they get nothing in return for their efforts.
I would guess that the end of NFT applications are not really just art, we have seen that so far, there are ton of applications that it has been used for. Music is something I am still very shocked about but it has happened, people are selling their music as NFT and making money from it. Also there are artists who can get NFT's removed by laws, it makes the NFT null, so the person who bought that NFT now has something that worths nothing, but the seller, the real person who stole the art still managed to sell it so there are no returns for it unless he is found and charged.

I have to say it is certainly not a big deal of it right now, there are millions of dollars going on art alone, but the gaming part is still in its infancy. Imagine huge corporations like 2k, rockstar, ea, ubisfot, cd projekt and so forth all getting into this, it is going to change the gaming world. Don't get me even started on the mobile games.

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January 11, 2022, 11:25:52 AM
 #86

NFT's future is still bright mate. Indeed this year there's alot of emerging NFT's projects base on some adverts around the internet and you know still many people waiting for it as well because for sure there will be a hypes again like what always happen.. Probably NFT's still the second option once metaverse start running..
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January 11, 2022, 04:06:52 PM
 #87

NFTs has a very high demand and in the future that demand is going to increase due to demand in the virtual content world lots of artists are going to move the content into digital format and that will bring increase demand to the metaverse space, but again a lot of development is required to attain that stage in the future.
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January 12, 2022, 03:42:58 PM
 #88


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/

NFT does not depends to much from the conditions of cryptocurrency market. The price of NFT does not depends from price of cryptocurency.
When cryptocurrency market falls the price of NFT do not fall so much.

The price of NFT depends on demand in them. Now there is a big demand in NFT and their price continues to grow.
Hope in 2022 NFT will continue to develop and the demand in them will increase.
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January 12, 2022, 03:49:49 PM
 #89

2021 NFT was a success with the NFT game concept brought by the axie infinity project, but I think the current successful NFT is just NFT games. I want 2022 to be even better for various industries to also use the concept of NFT, such as architects, or letters of legality.

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January 13, 2022, 10:33:21 AM
 #90


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/

The price of NFT depends on demand in them. Now there is a big demand in NFT and their price continues to grow.
Hope in 2022 NFT will continue to develop and the demand in them will increase.

People will continue to buy NFT if they will see that the price of NFT will continue to rise.
People buy those investments that are profitable and if they see the profit they buy the asset.
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January 14, 2022, 01:37:21 PM
 #91


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/

People will continue to buy NFT if they will see that the price of NFT will continue to rise.
People buy those investments that are profitable and if they see the profit they buy the asset.

It is very important to evaluate the potential of NFT. NFT is used for collecting digital art and if you want to earn money on collecting of digital art you must understand the art.
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January 14, 2022, 01:52:04 PM
 #92

It is very important to evaluate the potential of NFT. NFT is used for collecting digital art and if you want to earn money on collecting of digital art you must understand the art.

Obviously, you have to understand what you have to buy. In the world of art, many people do not understand the artistic value of a creation. In the end, someone buys something that has no value. Perhaps, it would be better to buy a photographic NFT than an unintelligible NFT meme. We may hear Cryptopunk, this NFT punk is worth because it is part of the history of the birth of NFT in 2017, but for new similar NFTs, we may not be able to find that value.

HOLD...
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January 14, 2022, 02:37:11 PM
 #93

well recently someone took a photo of him and made it an NFT and sold it on opensea and the NFT he sold sold really well and made him a young billionaire. this incident immediately changed my view of NFT, which at first I was not very interested in NFT now I became very interested in NFT. I think this year the popularity of NFT will increase drastically and NFT will become the most popular cryptocurrency.

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January 15, 2022, 12:28:13 AM
 #94

Every day appears a lot of new NFT.
The choice of NFT is very big.
But how to choose the right and promising NFT for investment which price will continue to grow in 2022?
Who said that NFT will continue to rise in 2022 ? whereas the cryptocurrency market continues to decline non-stop and all coins are bleeding right now, so this needs clearer clarification so that everyone can understand NFT.

It is difficult, I think that the path through the NFTs if they will continue, the reason is simple, the NFTs cannot be killed because there is a lot of money that can still be earned under that structure, it is expected that with the metaverses the risk of being left in The scam dropped significantly for people to trust again, since the greatest of all the vulnerabilities of these projects has been the internal economy and that economy was turned by the devs as ponzi schemes, which became impossible to manage or control, I think If you look for the correct formula to execute it, the metaverses and games with the metaverses will be a total success.

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January 15, 2022, 12:45:17 AM
 #95

well recently someone took a photo of him and made it an NFT and sold it on opensea and the NFT he sold sold really well and made him a young billionaire. this incident immediately changed my view of NFT, which at first I was not very interested in NFT now I became very interested in NFT. I think this year the popularity of NFT will increase drastically and NFT will become the most popular cryptocurrency.

I also read that news. In that particular case, you really need to think of something special.

No one ever thinks that a selfie will become a worthy NFT lol.

The trend of NFT is just starting and I think compare to other trends like the usual ICO, IPO before, it will be last for a long providing many got hook of it. Not just in collections but NFT was now already used on some blockchain games that really touch the interest of the investors.

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ultiex
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January 15, 2022, 03:01:35 AM
 #96

NFTs is BIG market.  it makes digital ownership commonplace. I believe it will thrive in 2022

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January 15, 2022, 06:05:26 PM
 #97


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/

It is very important to evaluate the potential of NFT. NFT is used for collecting digital art and if you want to earn money on collecting of digital art you must understand the art.

NFT is a new technology an it is very hard to predict the future price of NFT.
Many people buy NFT to earn on the raise of of there price but it is very important to choose the right NFT to get the maximum profit.
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January 15, 2022, 09:26:16 PM
 #98

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 get that some people are overhyped and some people see it as a fake way to make money. I would say that it is something in the middle for sure. It is clear that it is not a horrible practice, NFT is definitely a great one and at the end of the day if you are not sure about it then you do not have to go in it at all. It is not like "you have to buy one or never take a look at it ever again!" type of deal. I literally had 3-4 NFT's in my life even though I dislike them, sold 1 of them, the others are still there and worth basically nothing but to be fair I got them for free as well so it is not a problem.

So, think of it as something that is not the way to get out of poverty but do not think of them as scams neither. Sure there are some that are scams, but that is true for everything in crypto, if we looked at scam coins then we couldn't trust bitcoin.

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January 15, 2022, 11:36:55 PM
 #99

I think that avatar based NFTs that came early will continue to hold its value.

In regards to other NFTs that are purely arts based, I think that they will slowly go to zero or at least 90%+ of them. I'm talking about Artblocks, etc. that have no utility and no community aspect to them.

Definitely not a space that I would dabble in right now though, it's just too much of a bubble.

Smiley
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January 16, 2022, 12:24:29 PM
 #100


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/

NFT is a new technology an it is very hard to predict the future price of NFT.
Many people buy NFT to earn on the raise of of there price but it is very important to choose the right NFT to get the maximum profit.

People see the growth of NFT and many people think that such growth will continue in the future.
But very often people can not explain from what factors depend on the price of NFT.
They say that price of NFT depends on the market. But what determines the market?
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