NFTs are everywhere these days. From digital arts and paintings to in-game items, there's an NFT for everyone. Some NFTs are selling for big bucks, even when they don't have any intrinsic value. There's a lot of hype surrounding NFTs lately, where companies are joining the Blockchain bandwagon in order to obtain a piece of the pie. At the end of the day, real use cases for the mainstream world matters. It's not about hype, but rather about usability. I just don't see any real value to NFTs other than serving as purely speculative instruments (like "meme" coins).
Do you think NFTs are overhyped? If not, why? Your input will be greatly appreciated. Thank you.
Do you think NFTs are overhyped? If not, why? Your input will be greatly appreciated. Thank you.
Yes, overhyped to the core. Who in the right mind pays 100k for crptopunks? That's just a marketing scheme
Either it's a marketing scheme, or a way to launder money. Anyone can create a bullshit NFT collection and call it an art-work, offer it for sale with big amount of money, then buy it with dirty money.
For now, NFT market can be very helpful for gaming industry and few other fields for specific utilities, but are all the NFt acting for copyright ownership of art works are bullshits moved by hype.