Is NFT's hype over?

[RussianEnglishTranslation]

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?

I don't think the NFT hype is over, it just corrected because the greater market corrected. Another issue is that ETH gas fees are just too high to trade NFTs profitably. Many people are moving to other chains like SOL, HBAR, and ICP to trade and collect NFT art.

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[funteki]

I think the NFT revolution is just getting started and we haven’t even begun to see all the interesting ways NFTs can add value. The reality is many of us are highly invested into our digital world. Owning NFTs also has huge benefits in the material world.

If you buy an NFT you can potentially sell it and make a lot of money. There are NFTs for everything and the opportunities are endless. I understand some people don’t get it but when the internet came out people didn’t understand that either.

Fully agree, the nft market is only starting to grow so many ways to develop, even p2e still doesn't show the whole potential, I'm sure that it will as with crypto, no one believes it but whats happening now, everyone knows about that and want to buy some

yeah, and some new projects are insane, like "reptile chronicles", their features and arts with novel is awesome

[BlackBaron]

I don't think the NFT hype is over, it just corrected because the greater market corrected. Another issue is that ETH gas fees are just too high to trade NFTs profitably. Many people are moving to other chains like SOL, HBAR, and ICP to trade and collect NFT art.

Maybe the NFT hype still persists to this day but the interaction for NFT trading has decreased even though the impact of the market correction continues to suppress the decline in NFT trading, I am no longer interested in investing in NFT and have switched to investing in top altcoins because it will be profitable if the market can recover at the end next year.

[Powermax03]

Gm guys.

I think I may have found a real gem in the making, a very interesting project called ROTTS.

They're still in the pre-launch phase, and there's a lot to like about what they bring to the DeFi crypto space.

They have:

— A cool collection of unique NFTs,
— A simple yet ingenious staking system (passive income),
— A dedicated international team,
— A low-tax deflationary currency called $ROTTS.

The team has made it clear that, unlike many other projects that aim to deliver 100 different utilities on day one and deliver none of them well, they will initially work on a single utility: the payment platform ROTTS.me, a payment platform similar to PayPal, but in DeFi.

Imagine a portal you can use on your phone or desktop to send or receive ROTTS, ETH or any other ERC20 tokens, without tax or gas fees, and without revealing your wallet address. I know, the potential is mind-boggling.

And, actually, it's pretty simple. Each individual will have a profile or account linked to their wallet. A database will be automatically updated with each transaction, so that each user's holdings are accurately reflected in real time.

You will only be able to see your own assets, not those of other users.

No more embarrassment of being a little fish in a whale's world. No more anxiety for developers, influencers, designers, artists or any other crypto-currency contributor when they have to show their entire wallet to someone, just to receive the payment they earned in a fair and equitable way. No more stressing about setting up another wallet, just to avoid someone seeing what you previously bought, or what your crypto is worth.

It combines the best aspects of crypto and DeFi with the best aspects of traditional banking, and it could very well be the beginning of real and lasting utility in the DeFi space.

The NFT pricing structure is cleverly tiered, with a clear incentive for early buyers.

— The first 1,500 will be 0.05 ETH,
— The next 3,500 will be 0.07 ETH,
— The last 5,000 will be at 0.09 ETH.

What are NFTs for? To obtain passive income in $ROTTS tokens through staking. 49% of the total supply is dedicated to staking. Every day, 700 million ROTTS are distributed, to be shared between stakers.

The ROTTS token will only be launched when 1,500 NFTs have been sold, and it will be launched with a very high liquidity, locked in for years. So what happens if they don't sell 1,500 NFT?

This is a unique case, as the ROTTS team is promising a 90% refund to all early buyers if the 1,500 NFTs are not sold. They will only use the 10% of NFT sales revenue for marketing and other pre-launch expenses, so they will have a huge pool of ETH intact if/when they reach the milestone of 1,500 NFTs sold.

I honestly think this is a project worth doing some serious research on, the website looks great and is very informative, and the white paper is a great read, breaking down the project into easy to digest chunks.

If you haven't discovered them yet, I highly recommend spending even 5-10 minutes on their website and white paper.

Links:

— Website (https://www.rotts.io)
— Whitepaper (https://docs.rotts.io)
— Twitter (https://www.twitter.com/rottstoken)
— Telegram (https://www.t.me/rottstoken)

I'm glad I found it before the herd arrived.

As always, DYOR!

[mm2543363580]

Gm guys.

I think I may have found a real gem in the making, a very interesting project called ROTTS.

They're still in the pre-launch phase, and there's a lot to like about what they bring to the DeFi crypto space.

They have:

— A cool collection of unique NFTs,
— A simple yet ingenious staking system (passive income),
— A dedicated international team,
— A low-tax deflationary currency called $ROTTS.

The team has made it clear that, unlike many other projects that aim to deliver 100 different utilities on day one and deliver none of them well, they will initially work on a single utility: the payment platform ROTTS.me, a payment platform similar to PayPal, but in DeFi.

Imagine a portal you can use on your phone or desktop to send or receive ROTTS, ETH or any other ERC20 tokens, without tax or gas fees, and without revealing your wallet address. I know, the potential is mind-boggling.

And, actually, it's pretty simple. Each individual will have a profile or account linked to their wallet. A database will be automatically updated with each transaction, so that each user's holdings are accurately reflected in real time.

You will only be able to see your own assets, not those of other users.

No more embarrassment of being a little fish in a whale's world. No more anxiety for developers, influencers, designers, artists or any other crypto-currency contributor when they have to show their entire wallet to someone, just to receive the payment they earned in a fair and equitable way. No more stressing about setting up another wallet, just to avoid someone seeing what you previously bought, or what your crypto is worth.

It combines the best aspects of crypto and DeFi with the best aspects of traditional banking, and it could very well be the beginning of real and lasting utility in the DeFi space.

The NFT pricing structure is cleverly tiered, with a clear incentive for early buyers.

— The first 1,500 will be 0.05 ETH,
— The next 3,500 will be 0.07 ETH,
— The last 5,000 will be at 0.09 ETH.

What are NFTs for? To obtain passive income in $ROTTS tokens through staking. 49% of the total supply is dedicated to staking. Every day, 700 million ROTTS are distributed, to be shared between stakers.

The ROTTS token will only be launched when 1,500 NFTs have been sold, and it will be launched with a very high liquidity, locked in for years. So what happens if they don't sell 1,500 NFT?

This is a unique case, as the ROTTS team is promising a 90% refund to all early buyers if the 1,500 NFTs are not sold. They will only use the 10% of NFT sales revenue for marketing and other pre-launch expenses, so they will have a huge pool of ETH intact if/when they reach the milestone of 1,500 NFTs sold.

I honestly think this is a project worth doing some serious research on, the website looks great and is very informative, and the white paper is a great read, breaking down the project into easy to digest chunks.

If you haven't discovered them yet, I highly recommend spending even 5-10 minutes on their website and white paper.

Links:

— Website (https://www.rotts.io)
— Whitepaper (https://docs.rotts.io)
— Twitter (https://www.twitter.com/rottstoken)
— Telegram (https://www.t.me/rottstoken)

I'm glad I found it before the herd arrived.

As always, DYOR!

Are you sure it is authentic?
How much of the total investment is needed to by the NFTs. I am interested but than again there are very clear chance that I might get scammed.
Please comment on it. Thanks~

[Furious 7]

I don't think the NFT hype is over, it just corrected because the greater market corrected. Another issue is that ETH gas fees are just too high to trade NFTs profitably. Many people are moving to other chains like SOL, HBAR, and ICP to trade and collect NFT art.

Maybe the NFT hype still persists to this day but the interaction for NFT trading has decreased even though the impact of the market correction continues to suppress the decline in NFT trading, I am no longer interested in investing in NFT and have switched to investing in top altcoins because it will be profitable if the market can recover at the end next year.

They can still be quite something to be reckoned with but in this case why now they seem to be fading away is because their hype is so booming and almost every day a topic of conversation that when things like this happen it's as if they are extinct but this is still going on and I still feel that the NFT Hype will still continue because considering that there are still many people who contribute to it

[Powermax03]

Yes the project is more than legitimate. Take a look at the website with the documentation. See what happened to them, come to TG and talk to the community. They are anything but scammers. I think what the team has been through is remarkable and they will now start again.


it is about the post 127 and to mm2543363580
somehow I can not answer the question directly.

[bitgov]

Yes the project is more than legitimate. Take a look at the website with the documentation. See what happened to them, come to TG and talk to the community. They are anything but scammers. I think what the team has been through is remarkable and they will now start again.


it is about the post 127 and to mm2543363580
somehow I can not answer the question directly.

Hello - powermax - thank you for the clarification. Have you joined them?
How is it going? Seem like NFt is taking the market like strom and than again - NFT and creativity goes side by side -so it is going to take a big chunk of the market.

[Powermax03]

Yes the project is more than legitimate. Take a look at the website with the documentation. See what happened to them, come to TG and talk to the community. They are anything but scammers. I think what the team has been through is remarkable and they will now start again.


it is about the post 127 and to mm2543363580
somehow I can not answer the question directly.

Hello - powermax - thank you for the clarification. Have you joined them?
How is it going? Seem like NFt is taking the market like strom and than again - NFT and creativity goes side by side -so it is going to take a big chunk of the market.

Yeah sure I joined them. Look, they launched their token a few months ago. They were successful and then the lawyers from the famous Rothschild banking family came and threatened them with a lawsuit if they didn't stop immediately. The problem was that they chose a name too similar to this elite.
Now after 8 months the team continues with a new project. All investors will get their original tokens back via a recovery contract. The team was forced to redo everything. Now they come out with a great NFT collection. If 1500 NFT are sold then they will launch their token with a great liquidity on Uniswap. The purchased NFT can be put into a staking contract from the beginning to generate passive income in the form of Rotts tokens. But they also have a lot of other things in the pipeline. Just take a look at the experienced story. You have everything super documented. Join the Telegram group and see for yourself.
https://docs.rotts.io/getting-started/the-rothschilds-and-us
or here a community member has made a video:
https://youtu.be/ZKVtVz56KdI

[rojan]

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

What is noticed here is lost and mixed here in nft for the development of the industry but here are different things but here it is noticed that it is fixed to get high but here it is displayed in huge number of time but it increases the product and everything without it even here  There is nothing special about the fact that there is talk of buying any of these things due to the increase and all the projects here due to the increase in prices in the industry development projects.

[AdryJoel]

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.

https://i.imgur.com/mxWw6b1.png

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?

it is definitely not over. Also, I think the NFT Gaming has a great potential in near future. I am following one blockchain-based NFT game "reptile chronicles". In my opinion, this project will be a profitable and successful. They are making a really good game with deep and unique lore about three clans of reptiles. What do you think about it?

[ScamViruS]

it is definitely not over. Also, I think the NFT Gaming has a great potential in near future. I am following one blockchain-based NFT game "reptile chronicles". In my opinion, this project will be a profitable and successful. They are making a really good game with deep and unique lore about three clans of reptiles. What do you think about it?

A trend in the market goes on for a few days and then new trends come, causing everyone to focus on the new and the old loses its hype. The market is moving in this system. The current state of the market is much less likely to be a new trend, and even if it does, it will be something different. Why do you think your shared project will do so much? What aspects of a project do you think can give you an idea of ​​the future potential of that project?

[funteki]

it is definitely not over. Also, I think the NFT Gaming has a great potential in near future. I am following one blockchain-based NFT game "reptile chronicles". In my opinion, this project will be a profitable and successful. They are making a really good game with deep and unique lore about three clans of reptiles. What do you think about it?

A trend in the market goes on for a few days and then new trends come, causing everyone to focus on the new and the old loses its hype. The market is moving in this system. The current state of the market is much less likely to be a new trend, and even if it does, it will be something different. Why do you think your shared project will do so much? What aspects of a project do you think can give you an idea of ​​the future potential of that project?

there are always projects which stay for a long time, so we will see which of them will stay on market for long this year

[fzkto]

it is definitely not over. Also, I think the NFT Gaming has a great potential in near future. I am following one blockchain-based NFT game "reptile chronicles". In my opinion, this project will be a profitable and successful. They are making a really good game with deep and unique lore about three clans of reptiles. What do you think about it?

A trend in the market goes on for a few days and then new trends come, causing everyone to focus on the new and the old loses its hype. The market is moving in this system. The current state of the market is much less likely to be a new trend, and even if it does, it will be something different. Why do you think your shared project will do so much? What aspects of a project do you think can give you an idea of ​​the future potential of that project?

there are always projects which stay for a long time, so we will see which of them will stay on market for long this year

I don't think the NFT trend will continue for long. It was rightly said above that the hype changes regularly when new trends emerge. First it was ICOs, then IEOs, IDOs, then it transformed into launchpads. Exactly the same fate will be for defi, gamefi or stepn. The pioneers make money, the rest lose money in the hope that things will recover.

[judaspriest]

it is definitely not over. Also, I think the NFT Gaming has a great potential in near future. I am following one blockchain-based NFT game "reptile chronicles". In my opinion, this project will be a profitable and successful. They are making a really good game with deep and unique lore about three clans of reptiles. What do you think about it?

A trend in the market goes on for a few days and then new trends come, causing everyone to focus on the new and the old loses its hype. The market is moving in this system. The current state of the market is much less likely to be a new trend, and even if it does, it will be something different. Why do you think your shared project will do so much? What aspects of a project do you think can give you an idea of ​​the future potential of that project?

there are always projects which stay for a long time, so we will see which of them will stay on market for long this year

I don't think the NFT trend will continue for long. It was rightly said above that the hype changes regularly when new trends emerge. First it was ICOs, then IEOs, IDOs, then it transformed into launchpads. Exactly the same fate will be for defi, gamefi or stepn. The pioneers make money, the rest lose money in the hope that things will recover.

Yes, that seems to be the case because there is no hype that lasts and will be replaced when new trends emerge,
that's more or less the cycle and if we talk about NFT sooner or later it will end if there really isn't an update,
The most important thing is that we will see what will happen in the future

[fzkto]

it is definitely not over. Also, I think the NFT Gaming has a great potential in near future. I am following one blockchain-based NFT game "reptile chronicles". In my opinion, this project will be a profitable and successful. They are making a really good game with deep and unique lore about three clans of reptiles. What do you think about it?

A trend in the market goes on for a few days and then new trends come, causing everyone to focus on the new and the old loses its hype. The market is moving in this system. The current state of the market is much less likely to be a new trend, and even if it does, it will be something different. Why do you think your shared project will do so much? What aspects of a project do you think can give you an idea of ​​the future potential of that project?

there are always projects which stay for a long time, so we will see which of them will stay on market for long this year

I don't think the NFT trend will continue for long. It was rightly said above that the hype changes regularly when new trends emerge. First it was ICOs, then IEOs, IDOs, then it transformed into launchpads. Exactly the same fate will be for defi, gamefi or stepn. The pioneers make money, the rest lose money in the hope that things will recover.

Yes, that seems to be the case because there is no hype that lasts and will be replaced when new trends emerge,
that's more or less the cycle and if we talk about NFT sooner or later it will end if there really isn't an update,
The most important thing is that we will see what will happen in the future

But that does not mean that NFT will disappear as a phenomenon. It is a useful tool for many people, for example musicians or artists who want to have copyright for their works. All I was saying was that the hype will disappear, and with it, the value will very much decrease. Again along the lines of how it was with the ICO.

[ScamViruS]

it is definitely not over. Also, I think the NFT Gaming has a great potential in near future. I am following one blockchain-based NFT game "reptile chronicles". In my opinion, this project will be a profitable and successful. They are making a really good game with deep and unique lore about three clans of reptiles. What do you think about it?

A trend in the market goes on for a few days and then new trends come, causing everyone to focus on the new and the old loses its hype. The market is moving in this system. The current state of the market is much less likely to be a new trend, and even if it does, it will be something different. Why do you think your shared project will do so much? What aspects of a project do you think can give you an idea of ​​the future potential of that project?

there are always projects which stay for a long time, so we will see which of them will stay on market for long this year

The projects that are in the market for a long time are mostly dealing with solid products, which are designed to solve different problems. Projects that quickly create hype and start a new trend in the market, resulting in a lot of similar projects coming up and at some point that trend ends. There is no calculation of how many trends are coming in these few days. But at the end of the day, the hype of those projects could not hold and now it is being dumped. So you should focus more on solid projects, short term hype may give you quick profit but in the end those projects will fail to hold their hype.

[bitgov]

The projects that are in the market for a long time are mostly dealing with solid products, which are designed to solve different problems. Projects that quickly create hype and start a new trend in the market, resulting in a lot of similar projects coming up and at some point that trend ends. There is no calculation of how many trends are coming in these few days. But at the end of the day, the hype of those projects could not hold and now it is being dumped. So you should focus more on solid projects, short term hype may give you quick profit but in the end those projects will fail to hold their hype.

If you earn money even through short term project and you are happy with them. Just get the money and invest in long term projects.
The inflation is so high that you need to earn so much money to keep yourself with the pace of the world.

[CBrowns79]

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.

https://i.imgur.com/mxWw6b1.png

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 definitely not over. I am following the NFT project "reptile chronicles" and it is so damn good one with high potential, and it can make you a good profit in long term.

[funteki]

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.

https://i.imgur.com/mxWw6b1.png

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 definitely not over. I am following the NFT project "reptile chronicles" and it is so damn good one with high potential, and it can make you a good profit in long term.

yeah, and as I remember they did some aristocrat role in discord which gives you airdrop