I don’t know about you, but it looks like we’re in the ICO stage (2017) stage of NFTs. Quick cash grabs, high floor prices, etc.
Beyond art, I see so many other applications for NFTs. Example: Michael Jordan creating a fan engagement platform with NFTs, companies like 4K turning physical goods into NFTs to leverage, music platforms that sell NFTs to redeem for experiences, etc.
What other applications do you guys see for NFTs?
Many artist are going into NFTs because they know they can easily sell that NFTs since they are popular and we cannot blame them for taking advantage of the current hype of NFTs, the future is still bright with NFTs and no sign of downtrend yet. There’s a lot of options when it comes to investing with NFT and seriously, I choose the NFTs with a real usage and good privileges by owning it.