NFT ?? What do you think about it ? ? ?

[nakamura12]

Thank you for your opinion on the topic of NFT! I think it would be cooler if all these NFTs were sold with their physical original pattern! What do you think about this?

I would also say that it is cool where you sell the NFT and the buyer will receive the item  (in this example, an ART like Monalisa painting) which is what the NFT is based when it is created along with the NFT once the transaction is done. Let's put it this way where the NFT you will receive in your wallet will used as a proof of ownership of the Monalisa Painting. Anyways, don't mine the example I used and I am only explaining if what stated would come true and one more thing to add, I think that if what you said would really happen then those NFTs that are created digitally like in computer then the creator could simply save a back up of that image/picture unlike the other example I use is that let's say that the Mona Lisa Painting that will be given to the buyer is the original painting that is painted by Leonardo himself with the painter's signature that is clear or visible to check which is also the proof that it is the original, as what I am trying to say is that there is only one original copy of the painting although both art can be copied (by digital for NFTs that are created online and a copy of the painting or non- digital).

Thank you for your opinion!! What do you think about the fact that Starbucks wants to issue its NFT cards??

Well, this is Bitcointalk after all. I'm sure that you know and aware of its purpose or the reason why this forum is made for.

I heard about it but I haven't check why they want to issue their NFT cards or for what purpose. So, I can't much give an opinion or something like that but this is what I can think of right now about it which is, I really don't care if they will issue their own NFT cards or not but if we could also benefit from their NFT cards like earn money/profit when you own one or more collectible stamps then why not acquire their NFT cards. I made a little research about it and this is what I found that when you collect/acquire an NFT then that stamp will be used as an access pass to Starbucks' World of coffee and unique experiences with starbucks or you can read all of it https://stories.starbucks.com/stories/2022/the-starbucks-odyssey-begins/

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[nimogsm]

Thank you for your feedback! I think it would be cooler if NFTs were sold together with the physical original of the painting! What do you think about it??

I think a certificate of purchase and authenticity of an art object can just be issued in the form of an sf, it would be much more logical.So that,for example, with the help of a qr code, it would be possible to view an entry in the blockchain.

[Yatsan]

Thank you for your feedback! I think it would be cooler if NFTs were sold together with the physical original of the painting! What do you think about it??

I think a certificate of purchase and authenticity of an art object can just be issued in the form of an sf, it would be much more logical.So that,for example, with the help of a qr code, it would be possible to view an entry in the blockchain.

Also, if it is just physical form, then how would nft be different from 'typical' artworks? NFTs are different; some of them have utilities, some has an equivalent physical form, and some has an advocacy. Having no physical form at all won't make it less of what it really is. Proof or purchase it to add 'legitimacy' with the artwork right? But there are already watermarks, code or artwork numbers for that so I think there's no need to do so.

And for those people who lowly look towards NFT? You guys might not really know a thing about it. It is more than a piece of clip art or picture alone. There's more into it. The overall value of NFT, jist like a traditional art, depends on the audience who looks at it.

[dudeG]

NFT is a waste of time unless theres a utility behind that NFT. Theres should be a service, games or goods that backs the NFT project.

[Cantsay]

NFT is a waste of time unless theres a utility behind that NFT. Theres should be a service, games or goods that backs the NFT project.

True, but not in all aspect. But I do agree that NFT isn't something I'll venture into in the nearest future.
The marketing of NFT is just so incomprehensible I do wonder how on earth someone will be willing to pay up to 4 ETH just for an image sorry NFT. While not just find a more suitable project to invest in rather than purchasing NFT.
Though they have quite a few persons who truly understand the potential that a certain NFT possess and have made it big in NFT but I am not sure if they will ever be a time when I will be willing to invest in it.

[rozak]

I believe the NFT market is only part of the Hype or certain momentum from existing events.
I see no more value than functional NFT. may be different from the opinion of people who understand art. but in the NFT market, you can see a lot of NFT works that are sold quite expensive, and sorry, it's better to invest in Bitcoin or other altcoins for me.

the NFT market is highly dependent on momentum. like when the Hype of the game project, they released the NFT which is also being hunted in the market. this seems to be related. but for NFTs that don't have clear projects and sell at high prices, that's confusing to me.
The latest momentum today is the world cup. NFT players and all the attributes related to the current world cup are crowded. I don't think this is a good investment. but the NFT market is still alive and has its fans.

[abel1337]

As long as the NFT has a good utility into it, I'm more happy to keep it. If we talk about the kind of artwork, I personally not a fan of art works but I understand the hardship and effort of those NFT who are illustrated manually rather than those who are AI/Computer generated. I like GameFi because it's NFT produce a certain utility to it and can generate profit by using that NFT but yeah aside from the NFT the whole project ecosystem should be right.

Those ape jpegs are just overrated. I don't see the real value into it even if those celebrities own one, I don't find a reason why I would spend a hundred of thousand to be one of them. I would personally buy BTC or a valuable stone rather than those over rated apes jpeg.

[JunkieMiner]

NFTs can speak a lot without voice, I had traded many top-class NFTs at opensea and Quix and there are many other websites where we can trade NFTs, I simply say that NFTs are love. We can earn a lot from NFTs. Some people think that these are just images nothing more than that, but I think they are wrong. NFTs speak a lot.

[alexandr1115]

Thank you for your opinion!! What do you think about the fact that Starbucks wants to issue its NFT cards??

Well, this is Bitcointalk after all. I'm sure that you know and aware of its purpose or the reason why this forum is made for.

I heard about it but I haven't check why they want to issue their NFT cards or for what purpose. So, I can't much give an opinion or something like that but this is what I can think of right now about it which is, I really don't care if they will issue their own NFT cards or not but if we could also benefit from their NFT cards like earn money/profit when you own one or more collectible stamps then why not acquire their NFT cards. I made a little research about it and this is what I found that when you collect/acquire an NFT then that stamp will be used as an access pass to Starbucks' World of coffee and unique experiences with starbucks or you can read all of it https://stories.starbucks.com/stories/2022/the-starbucks-odyssey-begins/

To some extent, I'm not particularly interested in these NFTs Starbucks cards either! But I understand that the company is doing this more to extract profit!! By the way, I agree with you that NFT starbucks cards can be similar to a discount system or some other similar promotions!

Thank you for your feedback! I think it would be cooler if NFTs were sold together with the physical original of the painting! What do you think about it??

I think a certificate of purchase and authenticity of an art object can just be issued in the form of an sf, it would be much more logical.So that,for example, with the help of a qr code, it would be possible to view an entry in the blockchain.

Well, that's an interesting opinion! It's not a bad idea!

Also, if it is just physical form, then how would nft be different from 'typical' artworks?

I think the difference is that there will be two copies! One is the original in physical form, and the second is in virtual form and plus an entry in the blockchain. I think that's the main difference.

NFT is a waste of time unless theres a utility behind that NFT. Theres should be a service, games or goods that backs the NFT project.

Thank you for joining. Thank you for your opinion. I also think that there should be something more weighty under the concept of NFT!

The marketing of NFT is just so incomprehensible I do wonder how on earth someone will be willing to pay up to 4 ETH just for an image sorry NFT.

I don't understand it either! It seems to me that this is some kind of wildness! The product must be worth its money or, in other words, the price must be justified! But I have such a suggestion! That when the price is put higher, it begins to seem that this product is really cool, but in fact it is not! It's kind of a trick! A marketing trick!!

[Blawpaw]

IMO NFTs are still in its infancy and it still needs lot of development. The technology solves several problems for the digital era as well as it is also a solution for the problem of identity validation online. But as said, the technology still needs a lot of work. For now, its only speculation and no real solutions for it. Hopefully, in the coming years we will see new application for the technology.

[SquallLeonhart]

There's more to NFT's. It should not just be random drawings, paintings, or unique photos. I have seen NFT's with real usage, like items in games which could make you faster to mine the coin that could truly be sold for cash.
IMO, it's better that way, an item for grinding, a premium one that can be bought for cash but can also be used to get the ROI back. Not just in games but in other applications too.
It should not be just for buy and sell like what they do with arts.

Some NFTs are like a digital art and just like arts in the real world, they don't have any use cases other than for display purposes or collectibles but we can resell them at a much higher rate. This is the good thing about them but for the other NFTs, they need to have some use cases because they are not an art and it will be useless if you will just stare on them.

Other than gaming NFTs, there is also NFTs now in the gambling world but the number of gambling sites that have them are only a few. There's also NFTs in exchanges and the one that is hot now are the NFTs from the soccer teams. Well, that's because there is a world cup that is happening right now.

[Xal0lex]

At this point, the NFT industry is dead. It is worth recognizing, the volume of trading has fallen to the most catastrophic levels. Two marketplace, which still somehow maintain activity, this MagicEden and OpenSea, but even there, the trading volume is much lower even than the first half of this year. Now to buy something on the NFT marketplace... it would be like a lottery. Of course the NFT blue chips are still valuable and will continue to be so, but everything else has just turned to ash. The NFT industry is in such severe decline that collections go into the minus immediately after minting. I don't know if NFT will revive in the next bullrun, but at the moment things are very bad and not promising in terms of investment.

[Adbitco]

Wait a bit, do you wanna go into investment on NFTs or what?
Well if may tell you the truth about NFTs it's just piece of arts works or drawing that is being wrapped up and sold in an OpenSea or any other marketplace although anything could be wrapped as an NFTs then forward to you to unwrap it you see the real value of what you were sent on. Literally arts drawing had been taken over us which made us not to put effort to know more about NFTs especially me, I hardly give attention to it as I believe nothing good comes from it rather than just a piece of drawing that need to be unveiled before anyone could see the real values of what you have purchased. I would prefer buying more BTC than having some NFTs with me.

[KingsDen]

I still don't understand what the phenomenon of these pictures is.It's funny to me to watch how what cost hundreds of thousands yesterday is worth nothing today.I can understand if the nft is attached to the subject of real art and it gives the right to transfer, then yes.
I have never bought them and do not plan to, I do not see any uniqueness in them except as a record in the blockchain.

People have been saying NFT is overhyped and yes it is truly overhyped but it doesn't stop the fact that it's still existing and may continue to exist along side blockchain.
The real value may not be felt now because of its virtual nature, but in the near future no one knows what NFT may develop into. It is just a tender market that has the tendency to explode in the future.
Personally, I don't have attractions to nft because I am hardly attracted to offline art let alone something I can't feel, but it doesn't stop the fact that there are lovers and pros of NFT

[ultrloa]

I still don't understand what the phenomenon of these pictures is.It's funny to me to watch how what cost hundreds of thousands yesterday is worth nothing today.I can understand if the nft is attached to the subject of real art and it gives the right to transfer, then yes.
I have never bought them and do not plan to, I do not see any uniqueness in them except as a record in the blockchain.

People have been saying NFT is overhyped and yes it is truly overhyped but it doesn't stop the fact that it's still existing and may continue to exist along side blockchain.
The real value may not be felt now because of its virtual nature, but in the near future no one knows what NFT may develop into. It is just a tender market that has the tendency to explode in the future.
Personally, I don't have attractions to nft because I am hardly attracted to offline art let alone something I can't feel, but it doesn't stop the fact that there are lovers and pros of NFT

The same with other trend NFT is used by many scammers to take advantage of peoples belief and scam them. NFT's are really great because it give chance to some artist or organization to get funds for their project created. But it doesn't take the fact that this is over hype to much and it seems many people use this craze just to become rich and abandon those people who believes on them. Maybe we don't see the full potential of NFT yet but let see what future could bring by this technology.

[Natalim]

They become popular last year but it was over when the Bull season is done. Therefore, I'd just think that investors haven't seen the usable value of NFT in the market and for the community. Meaning, these projects are even not useless but they are turned down badly like ICO and IEO.
Many people made a huge profit last year but for now, they almost got nothing. Projects that are made during the hypes will never last long and this is what happens to NFTs.

[FinneysTrueVision]

So far NFTs have not lived up to the hype. We've been told by altcoin supporters that there is so many potential use cases beyond digital art/collectibles. I have yet to see them used for anything else. People want to force crypto into everything but NFTs do not seem to be an adequate solution for the problems we are told they are going to solve.

[o48o]

-cut-
True, but not in all aspect. But I do agree that NFT isn't something I'll venture into in the nearest future.
The marketing of NFT is just so incomprehensible I do wonder how on earth someone will be willing to pay up to 4 ETH just for an image sorry NFT.
-cut-

Let me put it this way:

Why would anyone pay $17k for one full bitcoin when it doesn't even come with an Image attached to it?

People seem to be pretty unaware that they are using same exact points to point out how ridiculous NFTs are that nocoiners are using to ridicule all crytocurrencies. Those are also just marks in ledger, just like NFTs.

[justdimin]

I believe the NFT market is only part of the Hype or certain momentum from existing events.
I see no more value than functional NFT. may be different from the opinion of people who understand art. but in the NFT market, you can see a lot of NFT works that are sold quite expensive, and sorry, it's better to invest in Bitcoin or other altcoins for me.

the NFT market is highly dependent on momentum. like when the Hype of the game project, they released the NFT which is also being hunted in the market. this seems to be related. but for NFTs that don't have clear projects and sell at high prices, that's confusing to me.
The latest momentum today is the world cup. NFT players and all the attributes related to the current world cup are crowded. I don't think this is a good investment. but the NFT market is still alive and has its fans.

It is true that we are not going to really see something huge for a long time, it is obvious that we are not going to end up with a big NFT world in the near future, it's true. However, that doesn't mean that we are not going to end up with something that is at least a bit revolving around NFT in some corner of the world neither.

I believe that NFT will keep being something that people care about for a while, not all people but some people and some of those people will have some money as well and eventually all these people will get together and use that money to buy NFT's and there will be a market for it. There is no doubt that this is a big possibility.

[Hildentine]

I think about nft is a digital thing which are buy in sell in the different market place in this time nft are a very strong alot of people interested in this system.
Many time we got a free nft and then we sell easily and we got a good profit and some time we invest in nft and after some time we see that nft are no value and we lost our money so very careful about investing in nft .