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Author Topic: Is NFT's hype over?  (Read 2134 times)
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June 08, 2022, 11:22:11 PM
 #141

It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added. 

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June 09, 2022, 09:47:33 AM
 #142

It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added. 

I think it wont "boom" again. Trend is over. Every one has already understood that there is nothing behind this digital art and value of such "masterpieces" dont grow by itself. As a proof - try to remember when was the last time you have heard a celebrity or someone popular has bough NFT? What were recent the biggest news you have heard or read about NFT? When the last time you saw a $ million deal with NFT ?

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June 11, 2022, 03:19:36 PM
 #143

I think it wont "boom" again. Trend is over. Every one has already understood that there is nothing behind this digital art and value of such "masterpieces" dont grow by itself. As a proof - try to remember when was the last time you have heard a celebrity or someone popular has bough NFT? What were recent the biggest news you have heard or read about NFT? When the last time you saw a $ million deal with NFT ?
You are talking about the NFT's that are images, and you are right there is a good case that it won't boom again. However, NFT is not only the images that we have seen, all those cryptopunks and apes and all that are futile and useless. The real deal would come when projects start to utilize NFT even more, when you do that the fact that it will go on will stand.

Like there are literally musicians that sell the rights to their songs, so you could earn from their royalty, not a lot but the feeling is enough. As long as the utility of NFT stands, there will be some projects that will have a different approach which will make it popular again one day.

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June 11, 2022, 03:51:39 PM
 #144

We can't say its over yet but sometimes is not good putting more efforts on over hypes project over especially NFTs, Metaverse, Web3. secondly couple with the market sentiments everyone is quietly on a low pressure watching and monitoring the market before entering trade. What i noticed is that it would mostly affects those who took NFTs as an investments.
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June 11, 2022, 03:59:15 PM
 #145

We can't say its over yet but sometimes is not good putting more efforts on over hypes project over especially NFTs, Metaverse, Web3. secondly couple with the market sentiments everyone is quietly on a low pressure watching and monitoring the market before entering trade. What i noticed is that it would mostly affects those who took NFTs as an investment.

NFTs won't work during this market situation because it will be hard for them to survive and resist it especially now that there's no occurrence of any hype. I also find it risky to invest in hyped NFT projects because based on my experience, they don't last long and only early investors would gain a good profit. I think the NFT era will strike again when the market recovers.
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June 20, 2022, 12:25:01 AM
 #146

It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added. 
Well, I think that one way that it can grow again is within the metaverses, that I really have no idea if projects that are reliable based on NFT are already being developed, for me it is important to know, because I know that everyone's heel the projects in 2021 and for which all the projects turned into a pyramid scheme was for the simple reason that the internal economy did not work, if they let people in everything would go down, and this is something that is very notable and to the Most investors at that time came out very badly, I think it will be very difficult to regain that confidence, unless it is developed by a casino.

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June 20, 2022, 05:42:49 AM
 #147

I think the general problem of the whole market is that the market is going down, which leads to the previous exaggerated trends that are difficult to sustain in this market. But the projects related to this field only seek to publish the product as soon as possible to the market. They do not care much about the solutions that are practical. They only bring about a negative environment. Perhaps similar to the previous hype trends, many projects related to this field will be eliminated from the market.
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June 20, 2022, 12:48:01 PM
 #148

The hype is over from a market sentiment point of view, but we have to remember that NFT is not the end but only a hype,
which is also natural, and for sure Hype will come back again, now there are NFT markets like Opensea, and of course Binance,
so don't worry about NFT ending, NFT is just the beginning

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June 20, 2022, 02:13:33 PM
 #149

The hype is over from a market sentiment point of view, but we have to remember that NFT is not the end but only a hype,
which is also natural, and for sure Hype will come back again, now there are NFT markets like Opensea, and of course Binance,
so don't worry about NFT ending, NFT is just the beginning
NFT still have alot thing to developt so will not depend on hype only , all us know if any project depend on hype it will not last for long time. especially about NFT gaming , alot space to developt for usage in play to earn games so demand could maintain and everything back to normal.

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June 20, 2022, 02:31:13 PM
 #150

I think the trend is still there since many company are still creating NFT for their promotional projects but sadly I think the NFT hype is over.  Worst, many investors including me developed a biased hate towards independent developer that creates NFT stuff then ask for crowdfund.
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June 20, 2022, 02:37:49 PM
 #151

 FTs are just a fad camt really see what the current iterations of these "projects" are even needed for.  I don't think nfts are useless but in theor current form I see no need for them.

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June 20, 2022, 08:43:07 PM
 #152

~

This is not a matter of declining interest in NFTs, but rather that investment has become widespread in several other NFTs, so the volume on an exchange will decrease. NFT can be traded on various exchanges, so Opensea volume is reduced. Apart from that, the condition of the exchange is getting worse and the crypto charts are turning towards the red, so investors are withdrawing their balances from the exchange again and investing in real assets.

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June 20, 2022, 09:01:18 PM
 #153

It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added. 

Oh it will definitely "boom" again. I just doubt it will have the same "boom" as the first time, now that most people know how worthless NFTs actually are. Why would anyone pay for something that they supposedly own, yet copyright laws do not back it up? I think most people who bought NFTs were just hoping to sell it for a higher price to some poor fool who had no idea what they were doing but had a lot of money.

Newbies will continue to be duped by the NFT craze, hopefully it will die out soon.

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June 24, 2022, 07:37:07 AM
 #154


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 NFT market is one of the most speculative and there are fewer and fewer investors willing to take risks because of the bearish trend in all markets. I think that the NFT market is currently blown away and the next bubble will inflate only after the recovery of the crypto market. Personally, it seems to me that it is better to buy a token from the top 50 than to buy an NFT picture with a dubious future.
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June 29, 2022, 01:55:14 AM
 #155

Oh it will definitely "boom" again. I just doubt it will have the same "boom" as the first time, now that most people know how worthless NFTs actually are. Why would anyone pay for something that they supposedly own, yet copyright laws do not back it up? I think most people who bought NFTs were just hoping to sell it for a higher price to some poor fool who had no idea what they were doing but had a lot of money.

Newbies will continue to be duped by the NFT craze, hopefully it will die out soon.

NFTs won't disappear just because there's so much money invested in them. Of course, 90% of NFTs are just garbage. But there are some good ones that are quite worth the investment. I'm pretty sure regulators will weigh in once NFTs become extremely popular. With legislation, the whole space will bring confidence to serious investors looking to obtain a good return of investment.

There are some prominent companies in the game, so it should only be a matter of time before NFTs gain traction once more. I'd say the hype is temporarily over because of the bear market. Just wait until prices go back up again to see people getting interested into NFTs again. Who knows what real use cases this new trend will bring to us in the next 10 years? Just my opinion Smiley

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June 29, 2022, 04:22:55 AM
 #156

In as much as I don't dig NFTs, I dont think the hype is over, even though sale volumes isn't as much as it used to be. There was even a lull in sales over at Opensea and Rarible before the bearish times caught up. I think it would still pump later when some aspect of it gets better, or more utilities pop up
Currently there is NFT ticketing which was utilized by Binance some days ago
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June 29, 2022, 04:34:39 AM
 #157

It's just low for now probably because of the market situation. I think it will boom again, am looking to seeing if some more features that will increase utility will be innovates and added. 

I think it wont "boom" again. Trend is over. Every one has already understood that there is nothing behind this digital art and value of such "masterpieces" dont grow by itself. As a proof - try to remember when was the last time you have heard a celebrity or someone popular has bough NFT? What were recent the biggest news you have heard or read about NFT? When the last time you saw a $ million deal with NFT ?

Maybe it won't explode as strongly, but that's not the end of NFT, there will still be a small corner of NFT in the market. binance recently partnered with Cristiano Ronaldo and they plan to launch the NFT collection. Binance has not given up on NFTs yet, they are still working hard on investing and building them. I don't think NFT will die anytime soon like other trends.
https://www.binance.com/en/support/announcement/c91e9b1c1492456f9909e16f2ff3427e
Sweety1985
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August 26, 2022, 05:01:16 AM
 #158

I think the the trend is still there since many company are still creating NFT for their promotional projects but sadly I think the NFT hype is over.
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August 26, 2022, 05:41:18 AM
 #159

Yes, indeed, while the market does not show its best side, and therefore the hype has subsided. But I think soon everything will resume and there will be even more interest among people. At the moment, there are promising game projects with NFT and they find their fans.

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August 26, 2022, 06:04:52 AM
 #160

the NFT hype has died down. but I see the consistency of NFT is maintained. Recently more and more artists and artists have entered the NFT world more and more. and NFT for games has become increasingly popular and has become commonplace among gamers. so I think NFT will stay consistent with the current situation and will be more widely used from now onwards. but I don't see NFT as an investment. NFT is only good for collectibles and hobbies.

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