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Author Topic: What is NFT? & How to get free NFTs on coinmarketcap  (Read 339 times)
Laurendaldin
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October 03, 2022, 03:45:06 PM
Merited by Eridan_world (1)
 #21

But when the dust will settle, we will see that the NFTs are net-positive for the blockchain industry.
I'll agree. People are often dismissive of fundamentally new things, but I think it makes sense to give them a chance. The NFT market has not collapsed and is only growing, it would be strange to miss such an opportunity.
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October 04, 2022, 12:50:50 PM
 #22

I'll agree. People are often dismissive of fundamentally new things, but I think it makes sense to give them a chance. The NFT market has not collapsed and is only growing, it would be strange to miss such an opportunity.
You don't understand the point that it's not about fundamentally new things but how people derived it's utility and make profits out of it.The NFT is new trend in the market but if you see what it is actually? A token only but what's the utility of it to the holders? Most of the project you see at this time are cash grab who are trying to raise funds only from people with limited amount of supply say 10K at most with the amount they have set as mint price.

So now you hold this token on your address as jpeg but you can make profits out of it with flipping it for more price but what's the development team had promised? They will not update you and it will go on to zero slowly giving out loss in the end which is bad thing.There are some projects which are coming up with some problem solving utility but overall there is rush to these NFT like the shit tokens they made in hope of profits only.

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