Will NFTs make a comeback?

[avikz]

It's been a while since all of the action moved away from NFTs. All of the hype is on "meme" coins and AI-based tokens. Popular NFTs such as CryptoPunks, Pudgy Penguins, and CryptoKitties have lost a considerable amount of value. If you bought them in the early days, now you'll be left with less money in your pocket. I'm not sure if the market turning bullish will liven up the hype once more.

Do you think NFTs will make a comeback? If not, why? Which NFTs are worth the investment these days? Your input will be greatly appreciated. Thank you very much.

NFTs are the most shittiest shits I have seen in the crypto market in my lifetime. So I don't think it will ever make a comeback. Some stupid people are still buying NFTs but they are either too rich or just trying to launder some money. There's isn't any other good reason to buy a NFT and hold onto it as an investment. That's too stupid!

I will rather buy Bitcoin or ETH if I really need to make an investment. NFTs are just plain stupid thing which doesn't make any sense but ran for a while due to good marketing. That's it! It's not worth anything at all!

[nutildah]

NFTs are the most shittiest shits I have seen in the crypto market in my lifetime. So I don't think it will ever make a comeback. Some stupid people are still buying NFTs but they are either too rich or just trying to launder some money. There's isn't any other good reason to buy a NFT and hold onto it as an investment. That's too stupid!

I will rather buy Bitcoin or ETH if I really need to make an investment. NFTs are just plain stupid thing which doesn't make any sense but ran for a while due to good marketing. That's it! It's not worth anything at all!

They are already making a comeback; its not really up for debate. For example, the top 10 NFT collections on OpenSea have seen an increase in volume between 33% and 615% in the last 30 days.

And I can think of a few NFTs that have outperformed Bitcoin, and most of them are on Bitcoin (Spells of Genesis and Rare Pepes come to mind). The thing is they just aren't as liquid, so you could be stuck holding them for a long time. But that's because they trade more like classic pieces of art than fungible money.

 

Having said that, 99.9% of NFTs will continue to trend to zero. But to write them all off as stupid is... stupid.

[somefelix]

NFT will comeback definitely. Although most shit will still head to zero, I think some of top projects will come to lead the indurstry, expecially art collectibles.

[Mikky_m]

Simply, not yet. Probably in a few more years, I feel like memes will still be the trend for next year but it's all just speculation. Still, what I'm sure of is that no one has good memories of NFTs

[Abiky]

NFTs are the most shittiest shits I have seen in the crypto market in my lifetime. So I don't think it will ever make a comeback. Some stupid people are still buying NFTs but they are either too rich or just trying to launder some money. There's isn't any other good reason to buy a NFT and hold onto it as an investment. That's too stupid!

I will rather buy Bitcoin or ETH if I really need to make an investment. NFTs are just plain stupid thing which doesn't make any sense but ran for a while due to good marketing. That's it! It's not worth anything at all!

If you're talking about "copy and paste" JPEGs (images) obtained from the Web and marketed as NFTs, then yes they are "shit". But not true digital art and in-game items & collectibles. If done right, NFTs could render tangible items obsolete. I'm talking about trading cards, art, books, and whatnot. Digitizing everything is the future.

I'd say NFTs are far beyond just proving ownership on the Blockchain. The time will come when the industry will blossom again. All lies on the hands of developers and the community itself. Persistent data is key towards preserving NFTs for generations. Focus needs to be on utility instead of hype. If "meme" coins made a comeback, I don't see why NFTs can't do the same. Maybe it needs a celebrity or influential person like Elon Musk to come back to life?

[pangu]

NFTs are the most shittiest shits I have seen in the crypto market in my lifetime. So I don't think it will ever make a comeback. Some stupid people are still buying NFTs but they are either too rich or just trying to launder some money. There's isn't any other good reason to buy a NFT and hold onto it as an investment. That's too stupid!

I will rather buy Bitcoin or ETH if I really need to make an investment. NFTs are just plain stupid thing which doesn't make any sense but ran for a while due to good marketing. That's it! It's not worth anything at all!

If you're talking about "copy and paste" JPEGs (images) obtained from the Web and marketed as NFTs, then yes they are "shit". But not true digital art and in-game items & collectibles. If done right, NFTs could render tangible items obsolete. I'm talking about trading cards, art, books, and whatnot. Digitizing everything is the future.

I'd say NFTs are far beyond just proving ownership on the Blockchain. The time will come when the industry will blossom again. All lies on the hands of developers and the community itself. Persistent data is key towards preserving NFTs for generations. Focus needs to be on utility instead of hype. If "meme" coins made a comeback, I don't see why NFTs can't do the same. Maybe it needs a celebrity or influential person like Elon Musk to come back to life?

this!

[CK485]

NFTs are the most shittiest shits I have seen in the crypto market in my lifetime. So I don't think it will ever make a comeback. Some stupid people are still buying NFTs but they are either too rich or just trying to launder some money. There's isn't any other good reason to buy a NFT and hold onto it as an investment. That's too stupid!

I will rather buy Bitcoin or ETH if I really need to make an investment. NFTs are just plain stupid thing which doesn't make any sense but ran for a while due to good marketing. That's it! It's not worth anything at all!

they have another view of NFT and it continues, even though it is difficult to attract fans in the market, it is not something that needs to be questioned, by experiencing price appreciation, it is possible that at any time it can change again, even though for now it is not as popular as before, at least it still has a place to continue to be watched the in market.

[nutildah]

I'd say NFTs are far beyond just proving ownership on the Blockchain. The time will come when the industry will blossom again. All lies on the hands of developers and the community itself. Persistent data is key towards preserving NFTs for generations. Focus needs to be on utility instead of hype.

I agree with this. The truth is the application of NFT functionality is vastly under-appreciated, and it just so happens that pasting a picture on a token is the one thing that the lowest common denominator of the cryptosphere can get behind. NFTs can signify ownership of a wide variety of non-media related real-world items: real estate, concert tickets, access to secret websites, membership of clubs or bodies, etc. For whatever reason, the cryptosphere has totally rejected the thought of utility and now things are getting stupider by the day, on hyperdrive.

[itorai]

I'd say NFTs are far beyond just proving ownership on the Blockchain. The time will come when the industry will blossom again. All lies on the hands of developers and the community itself. Persistent data is key towards preserving NFTs for generations. Focus needs to be on utility instead of hype.

that's true, it's necessary to think in a certain direction to be better, and it concerns trust in NFT with ownership of digital assets, and being a part that can benefit from its benefits, and from my thoughts this year NFT is still holding on with a fairly good even though where this condition is a bit pessimistic with performance experiencing a decline but it can be gradually overcome.