i think play to earn games (nfts)will have some of the most utility, see $GALA games for example. the CEO of zynga the company who made farmville and mafia wars some of the most viral games in early facebook days, now leads gala. their games are actually fun. I'm bullish on $axie infinity as well.
but other nft's no. unless you are in a massive community like bayc or cp most will be flops
I agree. NFTs are not just overhyped, but overhyped in the wrong way.
Briefly, I think that they are undervalued in some way, while overhyped.
How is this contradiction possible? Because a huge percentage of Non Fungible Tokens are simply trash (same story that ICOs back in 2017/18), but I believe that we are still far from seeing the true potential of the concept itself. Correctly applied, NFT technology can be huge. I don't know if it will be for in-game items, artistic products or whatever. It may even explode with something that hasn't been invented yet (some kind of wearable that will be mainstream in the future, a little brainstorming here). But, in the meantime, we are focusing on the fireworks.