Post
Topic
Board Altcoin Discussion
Re: NFT is an interesting space
by
impulse709
on 12/09/2021, 08:07:13 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 is really a very interesting space for me, most of NFT now comes out with a different type of game and it becomes more and more interesting and attractive to players as well as a new investment direction for players. Investors, since the game NFT was born, it has made the cryptocurrency market lively and not boring anymore.