Post
Topic
Board Altcoin Discussion
Re: NFT is an interesting space
by
kak uli
on 18/08/2021, 09:01:25 UTC
Non-Fungible Tokens (NFTs) has been under the radar for the longest time, other than when cryptokitties jammed the Ethereum network.

The initial impression of NFTs is just a nice to have collectible, but if you look deep enough NFT can actually lead the industry a long way.

The most interesting concept of NFT at the moment is in the traditional gaming industry, all the characters, items, skins, equipments and skills you own in one game can only be used within that game itself.
But with NFT, all these collections that you have could potentially be transferable and usable in other games as well. One significant difference is the money you spent in one game will not go to waste, while the other risk that are taken off is if the game developers does not want to support the game anymore, your collections can still be used in other games.

At the moment, gaming is the largest potential for NFT, but lets not exclude any possibilities of it being used in other industries.

nft and DeFi seem to attract someone to invest in them, I think this is because of some interesting concepts offered by NFT. moreover the concept offered is for the game industry. maybe in the future NFT will become a sensation among gamers and will be the latest solution for the game industry