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?
Exactly what you are saying.
There are a lot of projects out there that is just purely making money off hype right now, and those are the ones that are first to go honestly.
Be aware of quick cash grabs. They can turn out to be ridiculously high priced JPEGs.