Post
Topic
Board Altcoin Discussion
Re: Are NFTs overhyped?
by
lumeire
on 24/11/2021, 21:54:57 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
NFT are not actually overhyped, it is the new trend that people are investing in. Unlike meme tokens NFT are collectible items and only unique tokens are produced, but it's not the same with meme coins.
NFT are good way to park your money in or invest it. The demand for these tokens is very high in the recent time and with some luck and research many have made a good fortune from trading NFT tokens as well.