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Author Topic: The Future of NFT  (Read 978 times)
Jody.Drummer
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January 28, 2023, 07:24:15 AM
 #81

NFT is still something of a hype which I think is getting harder and harder for them.
Regardless of what their current era is, it can be said that it's almost over, I think, especially with the conditions where the hype was very high, even too over the past few months, which made them mediocre now.
I still feel like there won't be any clarity for them at this point regardless of how difficult it seems to be bringing NFT back in time as it has been a few months prior.

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January 28, 2023, 07:38:03 AM
 #82

The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
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January 28, 2023, 07:41:39 AM
 #83

The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
It's really unfortunate that the reputation of NFT can be said to have dropped drastically,
besides that currently other projects are also trying to continue to grow and this makes NFT even more left behind,
It is important to keep abreast of market developments.
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January 28, 2023, 07:49:20 AM
 #84

The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
It's really unfortunate that the reputation of NFT can be said to have dropped drastically,
besides that currently other projects are also trying to continue to grow and this makes NFT even more left behind,
It is important to keep abreast of market developments.
the concept of the NFT era for today is still not strong enough to meet the global situation. there are still many shortcomings and I think maybe in the coming year with the right balance it can definitely be implemented according to its function. yesterday's birth of NFT is still underdeveloped in concept

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January 29, 2023, 05:49:40 AM
 #85

We saw images being a thing for NFT world, how about we start seeing something else. There is now a great deal of effort going into publishing world working within the NFT sphere as well, basically e-books but in NFT format meaning you would be able to buy and own a book, you could find torrented version anywhere anyway, so this way if you bought the book, you would have the nft of it, and if you ever want to sell it, you could do that as well.

I believe that it would be something decent if people worked on it properly and that is just one thing. We will see the NFT world spread towards many more industries and not just images, that will be the future of it.
It is no the worst idea I have heard but it still feels incomplete, unlike art books are sold by the millions, there are simply too many copies of the book to try to claim that any one of them is rare, maybe this could be done with first edition books with a limited amount of books printed or books which had something extra like the signature of the writer, and even then I doubt this kind of NFTs will get too much attention as the amount of money which has been lost with NFTs is enormous, and not many of those which used to collect NFTs will be interested on still doing so.
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January 29, 2023, 06:08:40 AM
 #86

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
if you compare bitcoin with NFT, then the comparison is very far away. Bitcoin has great functionality and community, besides it has a purely decentralized system, so the price keeps going up, and people want bitcoins day by day. different from NFT, which is currently declining in quality, because people feel that it has fewer benefits. many NFTs whose prices were really high during the NFT period were hyped. However, nowadays the price is completely different and really cheap. I read a lot of information about NFTs that are bought for more than thousands of dollars, then the price is very low. besides that, its liquidity is very different from bitcoin which can be exchanged instantly.

I suggest that if you believe in the NFT you want to buy, then make sure that it has some value and that people are ready to buy it when you need money. However, I have a feeling that the NFT will probably be on a bit of a rollback. Personally, I'm also not investing in NFTs anymore at this point due to a lack of confidence in their development.

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January 29, 2023, 06:45:27 AM
 #87

In the past few years, the popularity of NFT has been relatively good. Although it is not as well-known as Bitcoin, many people are loyal fans of NFT and are not interested in other cryptocurrencies. I also have several free NFTs, which I think are monumental and cannot be measured by price.
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January 29, 2023, 07:49:18 AM
 #88

In the past few years, the popularity of NFT has been relatively good. Although it is not as well-known as Bitcoin, many people are loyal fans of NFT and are not interested in other cryptocurrencies. I also have several free NFTs, which I think are monumental and cannot be measured by price.
Only last year that NFT had a boom and perform so well which attracts investors and due to bigger demand the price soared high. But it was just a short time, the popularity has been going slow due to scams and non-profitable NFTs until such time that investors rejected them. For now, only a few of these projects are left for survival but I'm not sure how this be going this year.
Honestly, I don't have the guts to invest in NFT, not I see them having potential. I'd rather choose Bitcoin and a few altcoins than risk money from non-reliable projects.

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January 29, 2023, 07:58:58 AM
 #89

There are to many NFTs in Marketplaces
I think only those NFTs which have a usecase gives us a benifit in future and other nfts are trashed
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January 29, 2023, 08:18:18 AM
 #90

I don't think that nft will have any future, people in general don't understand point of it. Even crypto coins is usually easier to explain
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January 29, 2023, 10:57:28 AM
 #91

The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
It's really unfortunate that the reputation of NFT can be said to have dropped drastically,
besides that currently other projects are also trying to continue to grow and this makes NFT even more left behind,
It is important to keep abreast of market developments.
the concept of the NFT era for today is still not strong enough to meet the global situation. there are still many shortcomings and I think maybe in the coming year with the right balance it can definitely be implemented according to its function. yesterday's birth of NFT is still underdeveloped in concept
for now I really agree with you that the concept of making NFTs for life is still very minimal, meaning that there is no use for NFTs in today's life,
this has proven that many NFTs have no price, but for the future NFT is of course still very long, and maybe it will be useful for our lives,
so we have to be patient if we want to enter NFT, of course this is the right time, but remember the risks are very big.
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January 29, 2023, 01:40:54 PM
 #92

NFTs are still not fully understandable to people for now. Because they are thinking analytically why should I pay so much just because an image or video is on the blockchain, in short. If you look at NFTs through the eyes of art then the scale changes. Hodlers who invest and hold NFTs can set their own values for them, it's digital in a very nice and soft way.

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January 29, 2023, 03:59:46 PM
 #93

The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
It's really unfortunate that the reputation of NFT can be said to have dropped drastically,
besides that currently other projects are also trying to continue to grow and this makes NFT even more left behind,
It is important to keep abreast of market developments.
the concept of the NFT era for today is still not strong enough to meet the global situation. there are still many shortcomings and I think maybe in the coming year with the right balance it can definitely be implemented according to its function. yesterday's birth of NFT is still underdeveloped in concept
for now I really agree with you that the concept of making NFTs for life is still very minimal, meaning that there is no use for NFTs in today's life,
this has proven that many NFTs have no price, but for the future NFT is of course still very long, and maybe it will be useful for our lives,
so we have to be patient if we want to enter NFT, of course this is the right time, but remember the risks are very big.
The strength of the NFT concept is still minimal under current functions. Of course the game of the rich always creates a new hype. This community support is necessary for this concept to work, but the era is still not far enough to fulfill the completeness of NFT. I think NFT can work when all countries/society understand cyrpto and blockchain which as a function make it easier for humans

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January 29, 2023, 06:54:32 PM
 #94

The number of scam cases in the NFT project makes the NFT reputation decreases, especially since the 2022 DROP market is significant so that it makes it difficult for NFT to compete with other projects such as Metaverse, Web3, Defi and so on, this makes us have to always be aware of the market changes so that we must always monitor every day.
When everyone can just create their own money making machine it would be naive not to think that every scammer out there wouldn't take advantage on that.

But obviously this is not about NFT. They are just new vechile for the most popular scam in crypto. I find it weird why people are focusing on NFTs and not Bep-20 on this when when we have actual numbers about other crypto scams. Solidus Labs said that 350 new 'scam tokens' were created every day this year.

https://cointelegraph.com/news/350-scam-tokens-were-created-every-day-this-year-solidus-labs

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JeffBrad12
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January 29, 2023, 10:01:13 PM
 #95

the recent nfts arts quite literally clouded so many people judgement in regards of the use of nft technology for other things, it could be used for authenticity etc but they are already having impression that nft is nothing more than just fad just because the nft art that quite literally was being used for manipulation back in the days, I think we need some breakthrough in the use case of nft if we really want to save the future of nft and that's not some manipulation like nft arts that has already collapsed today.

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January 29, 2023, 10:57:54 PM
 #96

so many are calling NFT dead already, after all majority of them has decreased in terms of valuation that some of the famous NFT back then which was valued thousand of dollars like right immediately after being minted now doesn't even have value.
I'm sure that it was caused by the fact that NFT was fully infested by some shitty arts back in the days also contributes to its destruction, NFT is too easy being cloned by some people that wants easy money, therefore its destruction was almost certain.

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January 29, 2023, 11:47:43 PM
 #97

so many are calling NFT dead already, after all majority of them has decreased in terms of valuation that some of the famous NFT back then which was valued thousand of dollars like right immediately after being minted now doesn't even have value.
I'm sure that it was caused by the fact that NFT was fully infested by some shitty arts back in the days also contributes to its destruction, NFT is too easy being cloned by some people that wants easy money, therefore its destruction was almost certain.

this is why if you are a buyer of NFT, make sure you have done your due diligence because i am sure, most of these items will go down their price hard. ask yourself, what is the reason why they will be valuable in the future? will there be people be interested with your NFT item? nowadays, it seems that everyone can just scramble something and come up saying that's an art. so yeah, better make sure you are buying a valuable item not to get rekt by this

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January 31, 2023, 10:01:10 AM
 #98

The future of non-fungible tokens (NFTs) is an exciting one. They are already being used to represent digital artwork, collectibles, and other digital items with cryptographic guarantees of authenticity and ownership. NFTs also have the potential to revolutionize digital asset trading, gaming, and auctions. As with many new technologies, there are still some challenges to be addressed before NFTs can truly take off, such as scalability, interoperability, and security. However, given the current momentum of this technology, it's likely that NFTs will become a major player in the digital asset economy.
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February 01, 2023, 04:24:34 AM
 #99

The future of non-fungible tokens (NFTs) is an exciting one. They are already being used to represent digital artwork, collectibles, and other digital items with cryptographic guarantees of authenticity and ownership. NFTs also have the potential to revolutionize digital asset trading, gaming, and auctions. As with many new technologies, there are still some challenges to be addressed before NFTs can truly take off, such as scalability, interoperability, and security. However, given the current momentum of this technology, it's likely that NFTs will become a major player in the digital asset economy.
NFTs have potential but at the same time a great deal of that potential has been taken away by scammers, at this time when people think about NFTs they no longer think about an exciting sector in the market of cryptocurrencies, the first thing that comes to their mind are the countless scams we experimented during the last year, and this is not the kind of stigma which goes away that easily, as many investors which believed on NFTs lost their money and they are not going to make the same mistake twice by believing in those scammers again.
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February 01, 2023, 06:12:06 AM
 #100

I think NFT is a kind of collectible. I don't endorse all NFTs. I think NFT has similar meanings to souvenirs. If you like it, you can choose to buy it for collection. It's not going to be an ace among altcoins.
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