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Author Topic: why you will be left behind if you don’t learn NFT.  (Read 465 times)
Wenbing (OP)
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January 29, 2022, 06:37:37 AM
 #1

why you will be left behind if you don’t learn NFT.

Most people can’t tell the difference between NFT and JPEG.

NFT actually make you to really own an asset.

The asset is verifiable on blockchain.

Well, why NFT is an emerging trend, it will have many applications.

But, how do you make money from NFT?

I have explained the 3 ways to make money from NFT in this video.

Watch it and ask questions.


https://urlgeni.us/youtube/C8aq 


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January 29, 2022, 06:49:26 AM
 #2

NFT is not a must and of course you will not left behind if you didn't know it since the majority of the people in the world still don't know or use NFT. NFT is a breakthrough technology for arts, games and collection industry but still there's always a pros and cons when using especially for the valuation of NFT's. Just like DeFi, It is just a seasonal trend and maybe in the future it will become obsolete due to new much better technology. The only it was become a hype is due to the insane valuation of some NFT which is due to price manipulation.

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Wenbing (OP)
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January 29, 2022, 06:53:04 AM
 #3

NFTs are good but I personally like the NFT games.

But about owning these art NFTs, they're expensive for me.

I'd say that NFTs are good if you know what you're buying. Yet, I've realized that nothing beats holding and buying the top cryptocurrencies such as bitcoin and Ethereum.

If it's between them, I'll be happy to sell these NFTs for btc and eth.

I think NFT and Cryptocurrencies are two asset classes. The motivation or reason for buying NFT may not be the reason for buying a cryptocurrency. To me, a great artwork purchased as an NFT could have a great upside in the future.

However, as a market participant investing in crypto and NFT is an excellent way to diversify.

I do have a question for you? Why do you prefer NFT games to normal NFT?

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Wenbing (OP)
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January 29, 2022, 06:56:17 AM
 #4

NFT is not a must and of course you will not left behind if you didn't know it since the majority of the people in the world still don't know or use NFT. NFT is a breakthrough technology for arts, games and collection industry but still there's always a pros and cons when using especially for the valuation of NFT's. Just like DeFi, It is just a seasonal trend and maybe in the future it will become obsolete due to new much better technology. The only it was become a hype is due to the insane valuation of some NFT which is due to price manipulation.

Imagine a scenario where instead of acquiring a college degree from Harvard University, which we all know that college degree do not teach real skills. What if you undergo a mentorship from people like Elon Musk, Jeff Bezos and Gary Vey and the proof is not certificate but an NFT?

I see that NFT will become a great deal in the future. However, this is just starting.

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January 29, 2022, 08:33:47 AM
 #5

why you will be left behind if you don’t learn NFT.

Most people can’t tell the difference between NFT and JPEG.

NFT actually make you to really own an asset.

The asset is verifiable on blockchain.

Well, why NFT is an emerging trend, it will have many applications.

But, how do you make money from NFT?

I have explained the 3 ways to make money from NFT in this video.

Watch it and ask questions.


https://urlgeni.us/youtube/C8aq 



I don't think so. the NFT section is one part where I don't really see or understand why some paintings will cost the way they do, and you are trying to say it is because they are "asset is verifiable on blockchain". So are the fake stolen pictures that are not originally owned by the NFT collectors that are putting them up for sale. The Hype is here and yes people are making money from it but it will not have any better effect than what cryptocurrencies have done already once that hype goes off.
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January 29, 2022, 08:34:08 AM
 #6

why you will be left behind if you don’t learn NFT.

Most people can’t tell the difference between NFT and JPEG.
that's almost the same. So many people didn't have common knowledge about NFT. that's why they are copy and pasting NFT and this can be considered as a thieft
But, how do you make money from NFT?
I make money from NFT by participated in the land sale and then i was selling my land with the higher price. I can make a lot of money from this thing.
I have explained the 3 ways to make money from NFT in this video.

Watch it and ask questions.
i didn't even wanna ask a question but is not it making money from NFT market almost impossible? more than 90% of transactions in the NFT markets were wash trading. Remember that selling NFT totally depend on your luck and how good your NFT that already put in the opensea.

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January 29, 2022, 08:42:50 AM
 #7

Is it you who is on the video? Great job on spreading knowledge with NFT. I like how you showed the life cycle of NFTs, and I hope there was some kind of a timeline into which it shows the longevity with a fundamental basis on how long it can be.

Anyway, I think the NFT markets are still emerging, and not everyone is yet coming or applying it to their industries. I think it could help prove stuff and be more transparent with anything and traceable.

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January 29, 2022, 09:04:09 AM
 #8

Not everyone have courage enough to learn or only viewed nft as a scam activity actually some make sense since its actually been used on money laundering. But it doesnt mean all nft projects are like that, some have also have potential with improved use case and given some digital artist to showcase their talent with the nft space.

Ive had been scammed also by joining some new projects expecting some gains but its fine always charge to experience though, but what you share about nft is nice.

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January 29, 2022, 10:02:44 AM
 #9

NFT is not a must and of course you will not left behind if you didn't know it since the majority of the people in the world still don't know or use NFT. NFT is a breakthrough technology for arts, games and collection industry but still there's always a pros and cons when using especially for the valuation of NFT's. Just like DeFi, It is just a seasonal trend and maybe in the future it will become obsolete due to new much better technology. The only it was become a hype is due to the insane valuation of some NFT which is due to price manipulation.

Imagine a scenario where instead of acquiring a college degree from Harvard University, which we all know that college degree do not teach real skills. What if you undergo a mentorship from people like Elon Musk, Jeff Bezos and Gary Vey and the proof is not certificate but an NFT?

I see that NFT will become a great deal in the future. However, this is just starting.
Interesting idea. But to get such a certificate, you need to make a lot of effort. And it can cost as much as studying at Harvard, or maybe much more.

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January 29, 2022, 01:40:10 PM
 #10

Is there any specific utility is there for NFT tokens? Its more like a collectible which is going crazy but it won't last long if there is no real reason to hold it and for me I don't find anything special its just over priced due to the trend also rich people are marketing it on their own way which drives the common man to go for it.









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January 29, 2022, 04:41:51 PM
 #11

this is the reason why platforms that are NFT markets like open sea are trying hard in order making their platform interface more user friendly so that even if you really unfamiliar with all the technical aspects that NFT has you still
could mint some NFT by yourselves, so many platforms out there that could make this easier, you should just learn the small portion of the NFT technical aspects and you’re ready in minting your own NFT arts.
since if everything is complicated its gonna be hard for the newbies to get into the NFT market and create their own NFT arts and that could means slower mass adoption of the blockchain technology. This will be also making thieve more difficult to steal.

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January 29, 2022, 04:46:34 PM
 #12

in my opinion nft is new techonology most people know it nft is just like picture marketplace like freepic or istock photo and bunch of junk right know flooding the opensea Lips sealed i mean thereis good nft that have value but yeah people need more educate themself about NFT

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January 29, 2022, 07:53:59 PM
 #13

Is there any specific utility is there for NFT tokens? Its more like a collectible which is going crazy but it won't last long if there is no real reason to hold it and for me I don't find anything special its just over priced due to the trend also rich people are marketing it on their own way which drives the common man to go for it.
Most of them really are collectibles and art collections. You get the ownership of that NFT depending on how many are minted. But we can't ignore the market that it's showing to the mass.

They could be a separated market from the actual that we've got and that's why everyone's getting crazy on it because there's a value. I think that the actual use case of it is by just being a valuable stuff just like the paintings but it's digital.

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February 02, 2022, 09:23:50 AM
 #14

Is it you who is on the video? Great job on spreading knowledge with NFT. I like how you showed the life cycle of NFTs, and I hope there was some kind of a timeline into which it shows the longevity with a fundamental basis on how long it can be.

Anyway, I think the NFT markets are still emerging, and not everyone is yet coming or applying it to their industries. I think it could help prove stuff and be more transparent with anything and traceable.

Yes, thanks for the comment. I am the one on the video. Trenndify is my channel, i teach crypto , especially how to avoid risk while making money in crypto.

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February 02, 2022, 10:56:18 AM
 #15

in my opinion nft is new techonology most people know it nft is just like picture marketplace like freepic or istock photo and bunch of junk right know flooding the opensea Lips sealed i mean thereis good nft that have value but yeah people need more educate themself about NFT
This is what is happening now. Many people start to upload their pic and transfer it into NFT and sell it at various prices but they do not know that NFT is not just like that. They only follow the euphoria without learning more or thinking about what they can do with NFT. If you browse the NFT market, many people upload their selfie photos and sell them as NFT. People think NFT is a fast way to earn money so they just follow the "successful people" on the social media that they know are making much money from NFT.

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February 02, 2022, 11:36:04 AM
 #16

in my opinion nft is new techonology most people know it nft is just like picture marketplace like freepic or istock photo and bunch of junk right know flooding the opensea Lips sealed i mean thereis good nft that have value but yeah people need more educate themself about NFT
This is what is happening now. Many people start to upload their pic and transfer it into NFT and sell it at various prices but they do not know that NFT is not just like that. They only follow the euphoria without learning more or thinking about what they can do with NFT. If you browse the NFT market, many people upload their selfie photos and sell them as NFT. People think NFT is a fast way to earn money so they just follow the "successful people" on the social media that they know are making much money from NFT.

it is the current hype, so what do we expect? suddenly a lot of people become "artists". but if you are a buyer, you should do your own homework before anything else. because these NFTs, most of them will be worthless and you're just wasting your time and money.
but if you are indeed a real artist, this NFT industry is a very good one to explore and introduce your artworks. because not all artists have the privilege to showcase their works in exhibits or of that sort.

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February 02, 2022, 11:44:19 AM
 #17

Thanks for the explanation of NFT. I think we do need to educate new players about NFT because many of them consider NFT just like images in general that can be taken at will do not have value for money like art. NFT I think can be considered a digital artwork licensed directly from a blockchain address contract. The person who made this concept is very intelligent.

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February 02, 2022, 03:02:46 PM
 #18

~
Well when it hit the trend, people are looking at it now as another downloaded image file in the internet. I know NFT is more than that, but from what the public's thought about it kind of ruined the definition of it. If not about artworks, it's about in-game currency. Like here in my country, NFT games are still being played by the many and the online wallet that I use already adopted one of the NFTs when one makes an account.
I am not surprised if one day people think that Bitcoin is an NFT just because it is about cryptos.
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February 02, 2022, 03:15:06 PM
 #19

We should always keep abreast of the rapid development of cryptocurrencies, and now that we have to learn about NFT, many people can't distinguish NFT from the usual images, but the tutorial you gave I'm sure can tell you.

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February 02, 2022, 03:41:10 PM
 #20

why you will be left behind if you don’t learn NFT.
-SNIP-
Nice vid you got there. Yep, in the digital age, it's best to know what is currently the top trends especially when you're on crypto-space. NFT sure changed the way others perceive what digital art is.
I think what is important is that they learn the fundamentals and the technology behind NFTs, how it promotes proof of ownership but then again, there are those who would still prefer the old type of art, those that are painted on canvas and can be admired and even touched in the real world. So, it really is a matter of preference, if you're into digital art, best to learn about NFTs. If not, then no need.

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