Do you think NFTs are overhyped? If not, why? Your input will be greatly appreciated. Thank you.
Actually, I think that the whole crypto market is overheated now, that is why it must be a correction. As for NFTs, it the most trendy thing but hype can't last for a too long-period of time, so maybe NFTs will be also abandoned for a while. Nevertheless, I think that interest in them will remain and developers will found new projects that will set up new waves of hype around this sphere.
Instead of saying NFT will be abandoned, we should assume neutral that the NFT will have saturation because the performance of NFT is currently very high due to too many new properties to exploit but over time, we have also noticed that the NFT is starting to lose its original color and harmony, once the mixing is not favorable and causes a lot of discomfort, the NFT will go into a state of maintenance and slow development to preserve meaning. The meaning in terms of form and role will still have a unique feature in the future, but it will not be as widespread as it is now when everything is still too special and profitable.