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Author Topic: Is NFT's hype over?  (Read 2132 times)
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May 11, 2022, 05:54:40 PM
 #81

This trend will continue to develop rapidly however I think the end of the NFT hype is near but in the long run and not everything will work out there will be at least one or two high-quality and successful projects built on this technology which certainly brings confidence to the market.

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May 11, 2022, 05:58:29 PM
 #82

~
Well people here in my country racking up their SLP are kind of not hyped right now considering that we are also in the bearish market right now. It has indeed slow down, but who knows if the hype would continue.
It is still a "trend" considering that there is still yet another crypto terminology to be hyped soon surely.
We'll know for sure if the hype is going to continue after Bitcoin recovers.
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May 11, 2022, 10:47:14 PM
 #83

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.




This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?

The hype exactly is not over. It is beginning for NFT. Dudes, I am taking part in some NFT projects, so I want to know your opinions about one new NFT-based game. I think it has great potential and on their Discord server so mush activities for the community. What do you think about this? I will be waiting for all your thoughts about it.
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May 11, 2022, 11:00:31 PM
 #84

~
Well people here in my country racking up their SLP are kind of not hyped right now considering that we are also in the bearish market right now. It has indeed slow down, but who knows if the hype would continue.
It is still a "trend" considering that there is still yet another crypto terminology to be hyped soon surely.
We'll know for sure if the hype is going to continue after Bitcoin recovers.
With the current market condition, we can never expect such hype anymore, maybe soon after this bear.
But what I see these NFT projects including SLP, their trend is getting worse, prices went declining even before the bear trend. That I would say their trend is likely over and metaverses taking over it however, it was still believed that some of them have the potential than these metaverses projects which we could think they will still survive despite the difficult situation we may face.

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May 12, 2022, 08:39:07 AM
 #85

If for high quality nft it will not fade like gozali's NFT, many NFTs now have useful uses even though at high prices there are still enthusiasts to have them, I believe nft will continue to get hype if it has high quality qualifications.
I don't mind spending hundreds or even thousands of dollars for an nft that have a good use case than those expensive nft's that are only good for flipping. I think what drives those nft's are just pure hype but if a poor quality nft can get hyped, how much more the high quality nft's? Although the hype for the overall nft's have now decreased dramatically. I think people start to realize that the classical cryptos are still the best. There are still some that invest on nft's but they don't prioritize it anymore.

people who don't know about NFT and crypto also talk about NFT.
Really? Lol. I think it's clear that those people don't want to get left behind on what is the current trend but now that the hype of nft is slowly diminishing, I am curious if where are those people now?
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May 13, 2022, 10:14:41 PM
 #86

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.




This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?

The hype is not over, it is just beginning for NFT. I am involved in some interesting NFT projects and I am sure that they will succeed in nearly future. If you want to take part in one NFT project, I recommend you take a look at the new Blockchain-based NFT Game with unique lore and amazing arts. Also, they have a really beautiful website: https://rchronicles.org.
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May 14, 2022, 08:25:11 PM
 #87

And what makes you think that if you participate in several promising projects, it means that the hype is not over. The end of a hype does not mean that new NFT projects will no longer appear. A hype implies some wave of projects that appear because of a trend. DeFi hype, for example, ended 2 years ago, but projects appear until now and will continue to appear. Only now these projects are more sensible and of higher quality than what appeared in the period of hype when the market was flooded with a huge number of scams, projects, duds and copycats. The same thing is happening with NFT.

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May 18, 2022, 07:58:32 PM
 #88

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.




This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?

In my opinion the hype is not over. So I want to invest in some interesting NFT projects, especially I want to take part in p2e games. I recently saw a tweets aboun one interesting NFT project "reptile chronicles". Their cinematics in YT are so cool. Have you heard about that? I want to hear you opinions about this game.
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May 18, 2022, 08:40:04 PM
 #89

today NFT project shifted to move to earn concept , which only by walking we will got token . alot people interested with concept ,maybe alot people outside crypto community will try this games. maybe if bitcoin still hold and not hardcrash like current condition , maybe project that build this move to earn will lead market bullish movement. but today most of altcoin drop more than 50%. it is very sad but we could not avoid it
any project that are move to earn concept are just temporary trend more or less the same like meme coin because frankly there is no real sustaining economic model behind any altcoin that are using concept of move to earn.
it's kinda different with NFT arts and games in general that could be having various economic model.
I mean no one in this planet are willing to pay anyone just to walk for long term, maybe there is for short term just to increase the trend but for long term, I could hardly see anyone gonna invest into these kind of altcoins.

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May 18, 2022, 08:48:33 PM
 #90

~
Maybe or maybe not. People could had fully left the NFT space just after the hype was over and just move on and go back to their usual daily stuffs. If I was like a player of many NFT games and this hype just died out, I would just quit it and never come back again.
The Axie hype in here just seemingly died out or that would just be around my social circle as I never heard anyone mentioning SLPs since a couple of months ago.
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May 19, 2022, 02:03:45 AM
 #91

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.




This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?
in my opinion hype isn't over its only will grow, p2e is getting more popular, its gonna be a new era, projects giving so many features that hype growing every day, like one project reptile chronicles, they give 1% of all market sales for a legendary nft
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May 20, 2022, 08:09:36 PM
 #92

in my opinion hype isn't over its only will grow, p2e is getting more popular, its gonna be a new era, projects giving so many features that hype growing every day, like one project reptile chronicles, they give 1% of all market sales for a legendary nft

You mix such notions as hype and the development of the NFT industry itself, these are different things and they have different goals. A hype lasts for a short period of time, during it a huge number of projects appear, with and without a product, everything grows. Even something that doesn't have anything special grows because people buy everything in a hype. Anything that has the word NFT in it. And the development of the industry means a further emergence of projects, increasing prices, adoption, etc., but all projects will be released, having some kind of product, not just a pacifier, which was taken down to make a quick profit.

So, what you listed - this is not a hype, it's a natural evolution of technology, and the hype has passed. Also, a hype and popularity are not synonymous.

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May 20, 2022, 09:41:01 PM
 #93

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.




This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?

In my opinion, it is beginning for NFT, especially if we say about NFT Gaming. I am involved in one interesting NFT project "reptile chronicles". Their content is amazing, friends. I watched their cinematicks and it reminds me a good old fantasy games. Have you heard about this project? What do you think about that?
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May 20, 2022, 09:44:52 PM
 #94

~
Maybe or maybe not. People could had fully left the NFT space just after the hype was over and just move on and go back to their usual daily stuffs. If I was like a player of many NFT games and this hype just died out, I would just quit it and never come back again.
The Axie hype in here just seemingly died out or that would just be around my social circle as I never heard anyone mentioning SLPs since a couple of months ago.
NFT doesnt only circles around on games that is currently on the market which come to think that it had been started to those pictures that flooded out in the market and later on these games

had surfaced out which is also part of this NFT game.It isnt really that over yet because we've seen that there are still lots who had been marketing their own nft's which i could

say that it is already that saturated and it would really be coming into a time where this would really be going like with ICO.
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May 20, 2022, 09:57:30 PM
 #95

Actually, NFT is still ongoing and popular in certain cases. However, yes the hype is not as high as several months ago when the NFT was very booming and many hype NFTs are emerging to the world. AT that time, many parties seem like going to make their NFT and promote it on the NFT platforms, many people (also new investors that don't know about crypto) also bought NFT because of the Hype. But right now, the talks about NFT seem decreasing, doesn't it?


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May 21, 2022, 09:50:59 PM
 #96

Excellent survey and a great discussion to ponder. However, we know that Bitcoin is the direct influencer of the entire market because when it's high Ethereum, Binance, Solana, Avalanche, Polygon and Fantom, that is, the main ones in the NFT segment, it increases according to the Bitcoin Hype. In my opinion, the NFT market is embryonic and has not yet shown its potential and variations.

It's too early to define the failure of this segment.

Aggreed btc is always become the main reason  Grin

But i do believe NFT is not over yet because the hype of metaverse project still hot till date and you guys know that metaverse and play to earn game is cant be separated
Not only metaverse a lot new type of projects coming on the market, btw nft p2es hype is only growing, some of new projects will pump for sure
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May 22, 2022, 02:09:58 AM
 #97

Where do you guys go to look into NFT-related stuff?
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May 22, 2022, 02:31:35 AM
 #98

Actually, NFT is still ongoing and popular in certain cases. However, yes the hype is not as high as several months ago when the NFT was very booming and many hype NFTs are emerging to the world. AT that time, many parties seem like going to make their NFT and promote it on the NFT platforms, many people (also new investors that don't know about crypto) also bought NFT because of the Hype. But right now, the talks about NFT seem decreasing, doesn't it?


we no longer see many communities talking about good NFT assets to buy. maybe all closed because of the Luna incident. it puts the whole community into focus with the asset. NFT will probably be a little dimmer again.

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nimogsm
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May 22, 2022, 10:31:13 AM
 #99

Still in trend, now there is more emphasis on different sports applications, now they talk a lot about steps and sneakers, in essence, everything is the same.In a few months there will be a new trend no longer with running and walking, but with bicycles, for example. NFT will be on trend for a long time, this is a convenient tool.
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May 22, 2022, 11:38:59 AM
 #100

Judging by the latest news, I noticed that the interest of NFT industry leaves a double impression. On the one hand in the same March there was a drop in interest in NFT from retail traders and those interested in this direction of the crypto industry.




This is also reflected in the drop in trading volumes on OpenSea and a decrease in the number of searches on Google. That is, according to these factors we can conclude that the NFT haip is coming to an end. But on the other hand in March venture capital investments were mostly in the NFT projects.

What do you think, the NFT HYIP is over or the interest in investments in the NFT projects is due to the fact that now the market began to appear to a greater extent, high-quality projects, but not a mountain of spam, when NFT created everyone who is not lazy?

may be yes for now . the reason is beacuse the bitcoin has drop thats why all coins projects nft etc is down . but may be later if the bitcoin is bull trend again or uptrend . mybe nft will be profitable again.

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