I'm not a fan of NFT, it's just those people with huge money in crypto are playing with those claims in NFT. It's also a hype investment just as the ICO.
Although, I'm amazed to see that there's always something new that's brought in the market in different forms of investments.
In the Hacash Chain Hacash Diamond is not another NFT that can be minted easily and link it to an artwork. Every HACASH Diamond (NFT) needs to found using hashpower and also requires to outbid other miners with mined hac to be minted. So, it is a completely different idea.
But the sense of being an NFT is still there.
Crypto is a hype investment there is no exception, NFT projects are base on art which is realistic than most projects out there, between NFT is not for people who have money only, I also have some NFT I collected from Enjin and other projects under it, before they where worth little or nothing but now that NFT is making waves maybe my collectibles will worth something eventually.
The arts that's being based on for NFTs are digital arts and almost anything that someone can put value in. Just like the first tweet of Jack Dorsey that I've seen and being valued at a high price and the highest bidder is Justin Sun.
When the interest of investors disappears, then they specially come up with something new to force them to part with the money. Now you will not find an ICO around which there would be such a stir as it was in 2017. Very popular at the moment are IDO, conducted by decentralized exchanges and which bring a large profit immediately after completion.
Exactly, there's always new to see for each year when the hype for this kind of investment is gone. But specifically for crypto, specially the top coins, they'll never get out of the popularity.