Post
Topic
Board Altcoin Discussion
Re: Are NFTs overhyped?
by
masterrex
on 21/11/2021, 15:01:32 UTC
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. Smiley

IMHO, I believe yes most NFT's or Non-fungible tokens are just overhyped that's why the risk is also high while holding those unfamiliar NFT's so just take extra precaution while investing in NFT's just choose the reliable one and avoid those fake and fly by night platform, I believe that those digital collectibles will also go down soon like what happen to others after the hype was cool down.