Why NFT might become important in the cryptospace and the world

[KennyR]

There are potential ICO projects, same is with IDO and now it is the time for NFT. The concept behind NFT to have a unique property behind every token makes it more valuable. This way anything can be backed adding it to the metadata of the particular token. I want to know how far is the potential growth, the popular ones and the one who thinks very unique makes millions. Another thing the market is bonded with auction and here the valueless backing sometimes valued big and the real one stay unsold.

[smartaction]

There was a thread arguing why we should not invest in NFTs. I agree that similar to the ICOs of 2017, there will be scams and this is a good reason to avoid them. However, similar to ICOs as a democratic method to fund a project, NFT is becoming a cultural submovement that also earns income for the artists and the collectors of the artists’ work.

Also, those digital art pieces might also develop into something important in the cryptospace similar to how a Van Gogh or a Picasso are important in the physical world. This is art, this is culture and because we are humans, much of us have an inborn ability to create art and treasure art of different forms.

I speculate similar to ICOs and Defi, NFTs will be here for many years.

NFT is only picture , Art , videos etc which is a bad thing and unless product. ICO is always best . NFT project didn’t alive on market for long times . some NFT project just create hype on launching time but didn’t alive in market . i support ICO project every time coz all successful  ico project have good and trustable product and that project  Survive in market for long years even  it will Survive lifetime

[FAYCNFT]

The future of NFT is very clear now a days. It's getting popularity day by day. Lot of awesome projects already sky rocketing the field. I think NFT is the next revaluation on crypto space.

[darewaller]

I can't tell you for sure where NFT is really heading to. in the future, it is quite possible that it might be useful and continue to stay. But, so far it seems like there have been so many people who just get on there to stock up on arts and expect to sell them in the future and there’s also been some fake art and spamming on most of the platforms.

I feel that all these platforms needs to be in check. They need to know what is really going on in this platforms and put them under control so that it doesn’t really get out of hand. So far it has been benefiting lots of artists and they have been able to make good income off NFT, which is definitely a good part of the system.