Is this the end for NFTs?

[minhtra]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

[ItsCrafty]

NFt trend is not over. Many big companies are entering in NFT. Mastercard issue their service for NFTs buy and now master card holder will buy NFT directly using card. This is very big News for NFT and in future we may see another best payment method like PayPal etc.

[minhtra]

What will big companies do with NFT, will people realize and buy them or there is not enough reasons to do so

[Xal0lex]

NFT hysteria is gone. When marketplaces were flooded with a pile of unnecessary NFT tokens, and famous collections were sold for fabulous money, it was all on a wave of hype, which ended along with the bull trend. Now NFT as a speculative asset, no one is interested because the industry is saturated with projects and their tokens, which were overpriced.

I think, in the future there will be only known and interesting projects, and all the junk that is more than 86% of the market will die out finally.  There will be punks, ape boards, cryptokittys, etc., as well as famous collections of public people, but they will no longer be worth millions of dollars that they were originally asked for, because it's all a trivial crypto bubble that had to burst sooner or later.

[Oceat]

When the bull run NFT prices just follow and I think this is how they do it just like how they do it during on ICO era, they just dump everything just to get the profit they want even if it's a losing game some of them just sold it already. But there are still who keeps holding thinking they would still have a chance to make profit from it but in reality it won't be happening again unless if it's a bull run. Plus it's not really that they were a thing, people just buy it because of the trend and now the trends end how can they skip the holding part when almost everyone is selling and not to mention some of it are useless.

[Psynthax]

its in bearish so it's normal that most of the NFT are currently having a bad performance, their value goes down because I guess anyone that invests has their priority liquidating their NFT that hardly could ever get liquidated.
after all, these NFTs that you mentioned are honestly overpriced. it just doesn't deserve that much valuation for such simple arts. instead they are now having its real value shown, I'm more surprised if these NFTs could ever retain its former valuation again in the future even if bullish occur once again, NFT arts are like trend that fades too fast.

[WalkerIVIV]

People have no intention to buy NFT anymore during the bearish market. They are watching market everyday and im sure they are also feeling bad with the market with bitcoin that was going so deep again and again. We have seen so many people forgot the existence of NFT.
I see that so many NFT projects have been loosing a lot of price during the bearish season. So people will try to go in the NFT project once market will better than this time.

[wheelz1200]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

NFTs were always just a pyramid scam.  Terrible art so don't give me that.  People bought in hopes they could sell it higher that's all.  They literally are the beanie babies of crypto.  Will be a funny story to tell in about 5 years that's about it.  Now the use of nfts will expand and have a use case but these "art projects" are all ways for the creators to get rich that's all.

[Wilhelm]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

NFTs were always just a pyramid scam.  Terrible art so don't give me that.  People bought in hopes they could sell it higher that's all.  They literally are the beanie babies of crypto.  Will be a funny story to tell in about 5 years that's about it.  Now the use of nfts will expand and have a use case but these "art projects" are all ways for the creators to get rich that's all.

NFTs == Dutch tulip crisis 🌷

[Balmain]

I think NFT is definitely not dead and just lost interest in the process. Collectors will always be interested in NFTs good collectibles. Whether there are moments of licensed sports organizations, nft games should become a huge industry when you think about them. In fact, I think it has grown a lot and made a sound even already. I just think people need to adapt a little more.

[Captain Corporate]

I wouldn't really consider it "dead", but it would really be considered a bit of a problem at all, it would probably be considered something that would take a while before its "dead". I am guessing that the worst thing that could happen is also the best thing for the investors/users. Which is, do not spend that much money on NFT unless it provides you with a reason for it. There are a million NFT's coming out everyday, and they are just saying "look how great it is" and making it work somehow, not anymore, from now on investors will ask serious questions before they invest into anything and that will be great for us, but terrible for the NFT market cap overall.

[Renampun]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

the majority of NFT and metaverse tokens are experiencing a decline in users, this is why their prices are dropping (mostly)...

https://coinmarketcap.com/view/collectibles-nfts/
https://coinmarketcap.com/view/metaverse/

I'm still doing research on NFT or metaverse projects that have great potential, in my research, I see the NFT market is entering a saturation phase. can't be sure when the NFT market will be bull again. For those who have already bought at a high price, you should just hodl your NFT assets.

[Iadegbola34]

NFT is far from being dead. It's just that the general bearish market condition has spread across to NFT as well. We're still in the early stage of the development of the NFT ecosystem, more adoption from investors is still to come.

[Johnyz]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

This is not the end yet, maybe this is just the effect of bear market which affects everyone here.
You can only tell its the end if they are not able to survive especially if the market starts to get better and they remain on their bottom prices. Though I see a critical level for the P2E, if they are no longer profitable most probably investors wont come back to them again.

[crzy]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

NFT is still on their peak hype, though maybe you see their price down just because of the market situation but sooner or later they will rise again and those who bought at a cheaper price can able to earn more. If you see those good NFTs at a cheaper price, better to grab some since NFT is not done yet and they still have a lot of things to offer. I believe, NFT can still last longer here and most probably they will not die at all.

[lornadane]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

NFT is still on their peak hype, though maybe you see their price down just because of the market situation but sooner or later they will rise again and those who bought at a cheaper price can able to earn more. If you see those good NFTs at a cheaper price, better to grab some since NFT is not done yet and they still have a lot of things to offer. I believe, NFT can still last longer here and most probably they will not die at all.

Yes I don't think it's easy for NFT to leave the crypto market because as long as there are fans and lovers of NFT games of course NFT is still being hoped for and certainly still alive and we also can't predict when NFT will end, which is definitely not in the near future.

[btc78]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

NFT trend is not here anymore and I don't think it will come back like what 2021 does again because People starts distrusting NFT and looking for new trend that will bring them easy money because projects like those?
and as what most  of them are turns BS in the end? I'm sure many of this kind will pop up in the future .
I will stick to  my strategy and that is buying only coins that saves my funds and time and those are the ranking currencies .

[slaman29]

Hate to say it but no, it's not the end. Some idiots bought back their stolen Apes, so clearly they will still be ready to pour money into NFTs.

I did say for an entire year the bubble will burst and it already probably has, but we've got to understand ICOs never really went away, they just revived under different modus and different names.

Same shit's happening or will happen for NFTs.

[wmaurik]

Yes I don't think it's easy for NFT to leave the crypto market because as long as there are fans and lovers of NFT games of course NFT is still being hoped for and certainly still alive and we also can't predict when NFT will end, which is definitely not in the near future.

NFT will end if there is a new concept that is almost the same as it in the crypto space and of course it can be better than the current NFT because the progress of NFT cannot be separated from game lovers and also the connoisseurs of the benefits that can be obtained through NFT so as to make NFT a little bit more advanced at the moment, but after a lot of downturn in the crypto market, I don't see any updates on NFT for now.

[Reatim]

Hate to say it but no, it's not the end. Some idiots bought back their stolen Apes, so clearly they will still be ready to pour money into NFTs.

I did say for an entire year the bubble will burst and it already probably has, but we've got to understand ICOs never really went away, they just revived under different modus and different names.

Same shit's happening or will happen for NFTs.

Yes mate, Until there are some investors that wanted to shill for any projects that they wanted to blow up? then there will still movement like this so NFT will still progress this year and the next.

But hope that people now will be aware for what to come , because the chance of being Loser is there more than winning if you invest in legit and working currencies .