The Future of NFT

[len01]

equating bitcoin with NFT is like a ridiculous statement. if you know that bitcoin used to be considered as having no future but bitcoin was the first crypto to appear and after that bitcoin had a strong utility and boost other crypto appeared, such as altcoins.
comparing bitcoin with NFT is really different and very far away. NFTs are just images that do not have much utility and cannot affect anything in the crypto market. in contrast to bitcoin which dominates all crypto coin prices.

and if you know about the hype, it will be there by surprise and after that it doesn't last long and goes away. like the current NFT hype is over. and if you think there is still a chance to rise, I say no.

[1714813117]

1714813117

[1714813117]

1714813117

[1714813117]

1714813117

[maydna]

The future of NFT is long and only just getting started. But like other projects, NFT still needs to be further developed and improved to attract more investors. NFT projects differ from previous crypto projects and cannot be treated the same as bitcoins, altcoins, or even other projects. So let's see how NFT develops in the future while we focus on the market that has started to move. And if NFT can become a trend again in the future, maybe it's time for NFT to grow even more.

[uneng]

The future of NFT is long and only just getting started. But like other projects, NFT still needs to be further developed and improved to attract more investors. NFT projects differ from previous crypto projects and cannot be treated the same as bitcoins, altcoins, or even other projects. So let's see how NFT develops in the future while we focus on the market that has started to move. And if NFT can become a trend again in the future, maybe it's time for NFT to grow even more.

NFTs are likely to become a trend again once we enter a new bull market. There are many popular franchises and personalities launching their own NFT collections targeting their fan bases and customers as potential buyers. It's an easy way for them to raise money and in large sums, depending how strong is the speculation on the currently moment. And that is why they should wait for the bull season, as with more demand for crypto, the prices of their NFTs are also going to become more expensive. On the other hand, it doesn't mean it's a good investment for us. The benefit is actually for those who are selling it, and for their fans who must be happy just by acquiring one NFT of their idols, but as investment it's not a good alternative.

[LogitechMouse]

I looked at Coingecko and then the NFT section and looked the NFT arts that have been made all throughout the NFT hype.

Surprisingly, there are still volume towards the most famous ones like the Bored Ape, Cryptopunks, Mutant Ape and also that Trump Digital Trading Card that launched a few weeks ago. They still have a 24 hr volume meaning there are still people who are buying and selling it.

Now what is the future of NFT. I believe that it will be the same as DeFi where most of the NFT's whether it's an art NFT or game NFT where those who really want to stay will stay even though the hype is over. Those projects who really want to evolve and develop something will continue to develop. The hype is over for NFT's, but there will still be NFT's around for a long time for both arts and games.

[Silberman]

What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

What kind of problem NFTs solve? Unless there is a problem for which the only way to solve it is with the use of NFTs then they will remain as nothing more but speculative assets, bitcoin despite being called trash and being declared dead hundreds of times still survives because it has a very clear function, but we cannot really say the same about NFTs, so be very careful and if you plan to invest in them do so with extreme caution.

[Questat]

What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.

Maybe you are but can't deny the fact that many of these NFTs are worth nothing to invest with. You can't hide the fact that many investors can't sell their tokens because nobody buys them. But if you insist that you are right, then prove it.

This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

It can't be enough, in fact, those previous NFT projects have similar cases and make people invest in them because of the said promise but unfortunately, they fail to fulfill their promise and turn into scams. Trusting them back again is really hard, we'd rather put money into projects that are already have a working products for assurance.

[Savemore]

As for my predictions, not all of NFT's will survive in the market and actually only few of them are been patronized by the investors and NFT traders. I trade NFT's in SOL and there are only few blue chip projects that are still alive in the market. Most of the NFT's in SOL are just pure hype and suddenly it will vanished like a dust. The good projects there are the DeGods, Yootz, ABC (currently in all time high), Okay Bears and Taiyo. DeGods have a token called $DUST where you can get it if you have their NFT. Their community is so strong and actually, they are the #1 NFT community on Solana.

The future of NFT's are great as long as their is a new uses, cases and hype. Take note that not all of the NFT's will be successful because majority of them are keep failing because of not good management, a whack developers and also the scammers. Choose a NFT project very well before you put your hard earned money. 

[maydna]

The future of NFT is long and only just getting started. But like other projects, NFT still needs to be further developed and improved to attract more investors. NFT projects differ from previous crypto projects and cannot be treated the same as bitcoins, altcoins, or even other projects. So let's see how NFT develops in the future while we focus on the market that has started to move. And if NFT can become a trend again in the future, maybe it's time for NFT to grow even more.

NFTs are likely to become a trend again once we enter a new bull market. There are many popular franchises and personalities launching their own NFT collections targeting their fan bases and customers as potential buyers. It's an easy way for them to raise money and in large sums, depending how strong is the speculation on the currently moment. And that is why they should wait for the bull season, as with more demand for crypto, the prices of their NFTs are also going to become more expensive. On the other hand, it doesn't mean it's a good investment for us. The benefit is actually for those who are selling it, and for their fans who must be happy just by acquiring one NFT of their idols, but as investment it's not a good alternative.

It may happen again or the NFT trend will be replaced by another trend that is more promising for investors because the market is not showing good movements either. Indeed many popular franchises and personalities are launching their NFT collections but if the community does not support it, it is likely to be difficult to get support from potential investors or buyers. So before the market changes, the people behind the NFT project have to work even harder so that if the market starts to change direction for the better, there is a possibility that the NFT trend will come back again. Meanwhile, yesterday's NFT trend was only temporary because they only bought and stored it and whether they will be able to sell it in the future or not, will depend on the development of the NFT project itself.

[Ayers]

What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

Honestly, NFTs are useless because they don't have any useful utility or use. But say it's dead, I don't think so because NFT is like memecoin, used to generate hype very well, so I believe it will continue to be the trend in the market in the next bull season. Investing in NFTs is no different from investing in shitcoins, once there is a profit, you should sell them, never thinking that they will bring a profit in the long run. Look at the hyped NFT projects in 2021, most of which have lost value and become useless.

[CapGelatik]

What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

Honestly, NFTs are useless because they don't have any useful utility or use. But say it's dead, I don't think so because NFT is like memecoin, used to generate hype very well, so I believe it will continue to be the trend in the market in the next bull season. Investing in NFTs is no different from investing in shitcoins, once there is a profit, you should sell them, never thinking that they will bring a profit in the long run. Look at the hyped NFT projects in 2021, most of which have lost value and become useless.

I also think that NFT is not for the long term and when we are profitable then sell it immediately,
besides that the price of NFT also seems to have dropped dramatically,
this indicates that the trend will not last long.

[o48o]

You mentioned the possibility of receiving counterfeit physical collectables, however they still aren't perfect copies, because some details from the original artpieces can't be reproduce, such as quality of the material, color tones and brightness when there are golden or silver details. So, the "smart contract" in this case are the physical characteristics of the product which can be evaluated by a specialist.

And to acquire that kind of collectable really makes sense, because it's a physical good, which shows physical differences between the copy and the original, while NFTs don't present any physical differences, if I take a print-screen of any of them and reproduce it in different places on the internet. I won't have the smart contract, but they will look exactly the same.

And that physical evaluation costs money. If you would be able to reproduce exact copies of the product, the value of physical copies would go down the drain.
You are talking in terms that doesn't apply to the nfts. Only scarcity and adoption matters. Compared to old ways when scarcity was represent only in a physical form doesn't really matter and isn't a good metter to make sense of it.

Let's talk about those pictures since everyone is obsessed about them. Yeah you can own the exact copy of the jpg and print it on your wall if you want. Who cares? Do it right now. But you can't sell it because no one will buy it, even when it looks exactly like original. Not even when you make nft out of it. That's digital scarcity. You either want to be a part of history of digital scarcity or not. It's really up to you.

I can't believe i ended up defending NFTs as i used to laugh at them in 2019 for the same exact reasons you told me.

[TastyChillySauce00]

What do you guys think about the future of nft?

It must be as bad as meme tokens lol. The NFT issuance was uncontrollable. So many scam NFTs were also appearing just like ico bubble in the past. I see no reason to call NFT has a future other than become a digital art asset.
NFT is so bad to be used as store of value.

Many people think that nft is useless digital trash, but I have a different idea from them.

It's fact. Are you mad? The totals of NFT scams have been exploding since last year.

This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

They were issuing their own NFT to be money grabbers only. You can see how those companies benefited from their NFTs that sold at non-sense prices. Are you dumb or what? NFT was not even comparable with BTC. 

[Hypnosis00]

I think it is an individual opinion and I believe that not all are having positive insights into these projects and I'm one of them. Maybe it was early to give some negative conclusion about NFT but because of having a bad experience in the past were I bought some of them (arts), now it turns just like a collection that I can no longer sell for a profit which I'd never think this will happen to me. It could be the reason to think about the dark future of NFT, they are just like ICO before when the hype is done they also gradually disappear.

[Warkop]

This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

They were issuing their own NFT to be money grabbers only. You can see how those companies benefited from their NFTs that sold at non-sense prices. Are you dumb or what? NFT was not even comparable with BTC. 

Agree with you that this is their vicious circle that there is a cooperation to buy NFT with each other even though they are a team to cheat, And NFT will not be as big as Bitcoin, of course it's like a joke..

[Yatsan]

NFT is an art and art will alway be timely. But there seems to be limitations. People who are calling it trash are ones who simply does not appreciate arts and that's just fine. But never force someone to have  perspective of such because there are really people who would spend huge mount of money. Likewise with typical artworks, appreciation is the key player. It is just that there is a higher demand with digital arts in form of NFT because some has utility and some are project based which makes it more pricy. So i guess NFT industry will still be here for years. Just let those who enjoys it, be happier with their thing. If you cannot appreciate their "world" atleast give yourself a favor to not mind them than to say negative things just because you cannot understand or simply view the positive side of it. That's toxicity already.

[lottery248]

sometimes, i don't think that it is NFT itself, but how it is actually being used, and its ownership. most people mainly into gaming i knew hates this because of the concern of materialisation or the issue that you will need to do another process just to access the game. the other one is that how people is going to prove they own the NFT at all, but no one puts the importance of what it runs on top of into scrutiny.

[el kaka22]

The problem for me was the original, not the chance of being able to be copied. Like the highest paid ones were cryptopunks, and looking at them... I really do not want to own any, and do not make sense that anyone would want to own any neither. I get that it's rare and scarce and all, but it's not art, it doesn't have any reason to own aside from the rarity.

People bought it because there was a hype and NFT was a new thing and punks became the symbol of it etc etc. But at the end of the day there was absolutely no art value to them at all. They were as stupid as the banana stuck to the wall art, definitely something that doesn't make sense at all in the long run.

[isaac_clarke22]

~

Can't help but to think of it on how these NFTs are still relevant to this day. Aren't these like way past of the current trend now? If Bitcoin would somehow get back to 64k plus, I am kinda curious if the hype would then revived. There were NFT games here in my country that were hot trend back then and people would even apply for scholarship, but then they went silent after Bitcoin plummeted.

I can imagine all those trends becoming trend again, but I am setting my expectations low

[Ayers]

What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

Honestly, NFTs are useless because they don't have any useful utility or use. But say it's dead, I don't think so because NFT is like memecoin, used to generate hype very well, so I believe it will continue to be the trend in the market in the next bull season. Investing in NFTs is no different from investing in shitcoins, once there is a profit, you should sell them, never thinking that they will bring a profit in the long run. Look at the hyped NFT projects in 2021, most of which have lost value and become useless.

I also think that NFT is not for the long term and when we are profitable then sell it immediately,
besides that the price of NFT also seems to have dropped dramatically,
this indicates that the trend will not last long.

Other than bitcoin and ethereum, there are no long-term investment-worthy projects in the market. Have you tried looking at the entire market, including bitcoin and top altcoins? Are there any projects that didn't plummet? We are in crypto winter, don't ask NFT project to increase the price. NFT will survive or not, we should wait for the next bull season, we'll see, I can't say if you're right or I'm right at this point.
As I said, as long as it can be used for the hype, it will always survive on the market.

[Chainsmokers]

What do you guys think about the future of nft?
Many people think that nft is useless digital trash, but I have a different idea from them.
This is because many famous companies and platforms around the world employ blockchain developers and create related nfts in various fields such as art and sports.
I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think

Honestly, NFTs are useless because they don't have any useful utility or use. But say it's dead, I don't think so because NFT is like memecoin, used to generate hype very well, so I believe it will continue to be the trend in the market in the next bull season. Investing in NFTs is no different from investing in shitcoins, once there is a profit, you should sell them, never thinking that they will bring a profit in the long run. Look at the hyped NFT projects in 2021, most of which have lost value and become useless.

I also think that NFT is not for the long term and when we are profitable then sell it immediately,
besides that the price of NFT also seems to have dropped dramatically,
this indicates that the trend will not last long.

Other than bitcoin and ethereum, there are no long-term investment-worthy projects in the market. Have you tried looking at the entire market, including bitcoin and top altcoins? Are there any projects that didn't plummet? We are in crypto winter, don't ask NFT project to increase the price. NFT will survive or not, we should wait for the next bull season, we'll see, I can't say if you're right or I'm right at this point.
As I said, as long as it can be used for the hype, it will always survive on the market.

Currently, it can be said that the market condition is still bearish even though we see coin prices on the market starting to rise,
Under these conditions, of course, we cannot expect more from the NFT project,
hope the bulls can come soon and let's see.