NFTs in the Real World

[anushkasachith888]

NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

[batang_bitcoin]

NFTs have taken the digital world by storm.

After they've taken the world by storm, they've been also taken away by the storm in a split second.

How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

It has already affected a lot of things for the past years but this time? I don't think that they'll still have that much effect at all. They might still go with the same effect for some specific projects but not entirely the same that almost every NFT have value before. This time, they're just like cute digital arts that you own and will drop in value.

[anushkasachith888]

NFTs have taken the digital world by storm.

After they've taken the world by storm, they've been also taken away by the storm in a split second.

How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

It has already affected a lot of things for the past years but this time? I don't think that they'll still have that much effect at all. They might still go with the same effect for some specific projects but not entirely the same that almost every NFT have value before. This time, they're just like cute digital arts that you own and will drop in value.

I too have the same idea just like yours towards NFT. Thank you mate.

[mk4]

It has already affected a lot of things for the past years but this time? I don't think that they'll still have that much effect at all. They might still go with the same effect for some specific projects but not entirely the same that almost every NFT have value before. This time, they're just like cute digital arts that you own and will drop in value.

To be fair, I don't think the role of NFTs are just number-go-up investments in the first place. In some cases, NFTs are just "keys" to access certain features of certain platforms, and sometimes they're just collectibles bound to wallet addresses showing that you're an OG member of a community or something. Not every single NFT is supposed to have sellable value.

[batang_bitcoin]

NFTs have taken the digital world by storm.

After they've taken the world by storm, they've been also taken away by the storm in a split second.

How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

It has already affected a lot of things for the past years but this time? I don't think that they'll still have that much effect at all. They might still go with the same effect for some specific projects but not entirely the same that almost every NFT have value before. This time, they're just like cute digital arts that you own and will drop in value.

I too have the same idea just like yours towards NFT. Thank you mate.

You're welcome. It's just so hard to think that there will be some come back with most of the NFTs. Maybe a few of them might be worth a shot but I don't think that the old value of them will be back even if we'll see the bull run soon. It's no longer the same anymore.
People or investors have already learned their lessons the hardest way and that's why if we'll think of it as another craze that will be attracting everyone again, I don't think it will be like that again.

[MFahad]

Non fungible token or in short we can say NFTs have the potential to revolutionize various areas beyond art and gaming. let's supposed NFTS in future used in real estate for transparent property transactions, verifying ownership, used in place of tickets and history then one can know how valuable these NFTS will be that time. In the music industry, artists could use it for as a token rights which will ensure the fair royalties instantly.

Besides these I think it can be used in health areas where healthcare could benefit from NFTS by securely tracking patient records and medical histories. NFT will be used to gives whole record of patients.  Educational certificates could become NFTs, enhancing authenticity , security and accessibility. The possibilities are vast, showcasing NFTs as transformative tools across many sectors but it's depends upon how fast and fairly this technology used

[pakhitheboss]

I still don't understand why a .jpg extension image is so hyped. The hype is not even dried down in 2023 as earlier it was being speculated that NFTs won't be in business for long term. I did not follow any projects when it came in existence and I am not following any project now. My friends are still into NFT and as per their saying its hype won't go down. Not sure about the real world usage.

[cryptoaddictchie]

NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

Not all can be tokenized or regarded as nft in the real world but some real world assets are being mint as nft like some projects that envision that known as RWA (real world asset) mostly comprise of land and other stuff. Well its quite innovative but the acceptance or adoption of it might not aligned with the regulations. Not sure if this will work out aside from art and gaming but we will see if its gonna be revolutionized.

[hyudien]

NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

I was never interested in NFTs anymore, now everyone knows that NFTs are very easy to manipulate and have no value at all. There may be some but overall NFTs will just be trash in your wallet. In my opinion, people who feel optimistic about being bullish on NFTs are just a defense because they are the last buyers whose NFTs are no longer interested. The question is simple, how many NFTs have you sold so far and how much have you earned?

[GlacierBIT]

Compared to real things, nfts are similar to lottery tickets, in the real world they have been used for a very long time, it is a kind of money out of thin air. In the cryptocurrency industry, this is growing faster as ideas are easier to implement, leading to rapid growth and expansion of concepts. The NFT world continues to evolve and mature.

[Hildentine]

I think NFT are rise there value day by day can we talk about in crypto so many projects launch there own NFT and many nfts are sell in huge amount and many nft give Airdrop in the form of tokens .
And maximum projects NFT people invest them and the future they have not any value so be careful and choose a right project otherwise you receive only loss .

[anushkasachith888]

Thank you everyone for sharing your opinions with us.

[btc78]

NFTs has allowed artists to express and explore their creative side while still earning a lot from it however if we are being honest, even NFTs does not seem the most appealing investment right now so they are really of no use to artists much anymore and even then, a lot of people just use AI to generate art so overall not much potential left in NFTs anymore to be considered purposeful in the real world

[bluebit25]

NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

The essence is that the hype about it has not stopped and developers around this field are still struggling to find a direction to like to think, more precisely in this field the financial factor is something that is exaggerated while others are not. Technological value is also not paid attention. I'm not sure it still has a chance to generate more attention, but from what I've experienced, I would consider it an old trend and an open field with many problems. The only time I've ever traded an NFT was for a gift from BNB, but funny enough when I put it up for $500 someone bought it, I'm not too strange about the fact that some NFTs are worth a lot, but on re-evaluation, the value of money is being underestimated. Regardless, there will still be movements that promote this field and try to apply it to things that they themselves think are cool, but the consensus of opinion does not always go in a positive direction with the hyped products.

[AnonBitCoiner]

NFTs have taken the digital world by storm.

After they've taken the world by storm, they've been also taken away by the storm in a split second.

How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

It has already affected a lot of things for the past years but this time? I don't think that they'll still have that much effect at all. They might still go with the same effect for some specific projects but not entirely the same that almost every NFT have value before. This time, they're just like cute digital arts that you own and will drop in value.

Hahaha bro. Indeed, NFTs are not as much hyped as they used to be. almost 99% of them are worthless or have very small value compared to when NFT was in Trending. but they ddn't go away in Split second. they dominated Crypto industry, specially web3 industry for almost more than a year.

even tho now NFT is not in that much hyped. but they are still a prominent part of today's defi and web3 world. some of them have good use cases. all of them are not just cute digital arts.

speaking of real-world use. I don't think NFTs have any real use in Real world. some artists used to incentivize their creative work using NFT. that's the only real world use I've seen of NFT.

[avikz]

NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

And then it has died a quick death!

NFTs are the most useless things I have seen in a while. The only area it can be successful is the in-game purchases where people usually spend money to get more power or accessories.

Otherwise, it has no value. Even Cristiano Ronaldo couldn't save his own NFTs so I don't think anyone else can. So my advise is to stay out of NFTs.

[tjtonmoy]

NFT? Aren't they dead? Well, I don't see NFT as a proper way of investment. Instead, I see them as a trend that has game and gone after some time leaving people with nothing. There was a hype at the beginning but right now I don't see much movement in the NFT market.
So them coming back for making a change or impact in the market seems like a fairy tale. The Golden era of NFT has died and I don't think it will ever come back. And it is also hard to make real life NFTs. You cannot input blockchain data in real life object. They can be cloned or copied so there's no way for a proper validation.

[deepblue01]

Otherwise, it has no value. Even Cristiano Ronaldo couldn't save his own NFTs so I don't think anyone else can. So my advise is to stay out of NFTs.

It's interesting for some people. Just because they can see it although they cant touch it.
This is just my opinion because many selebrity like NFT's more than cryptocoin/token

[batang_bitcoin]

How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

It has already affected a lot of things for the past years but this time? I don't think that they'll still have that much effect at all. They might still go with the same effect for some specific projects but not entirely the same that almost every NFT have value before. This time, they're just like cute digital arts that you own and will drop in value.

Hahaha bro. Indeed, NFTs are not as much hyped as they used to be. almost 99% of them are worthless or have very small value compared to when NFT was in Trending. but they ddn't go away in Split second. they dominated Crypto industry, specially web3 industry for almost more than a year.

even tho now NFT is not in that much hyped. but they are still a prominent part of today's defi and web3 world. some of them have good use cases. all of them are not just cute digital arts.

speaking of real-world use. I don't think NFTs have any real use in Real world. some artists used to incentivize their creative work using NFT. that's the only real world use I've seen of NFT.

There are still projects that are into NFT and investors as well. I think these are the people that have kept their faith on it and can't go out anymore as they're in a huge loss. But for the new investors, this is also serving them as if they're not too late anymore. I'd say that they're already too late and if there are RWA projects that makes NFTs still significant, I'll just say good luck to all of you folks with that.

[wheelz1200]

NFTs have taken the digital world by storm. How do you envision non-fungible tokens impacting industries beyond art and gaming? Share your wildest NFT use-case scenarios!

That's the question right, are they going to be used in real life.  One way I can see them being used is in sporting or entertainment events where having specific nfts will get you unique access to where other ticket holders can not access.  Like a private club access.   Then there is timing certain real world asset ownership to them.  Proof of ownership will be conveyed with a corresponding nft.