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?
I am not sure we can compare the ICO phase to the NFT boom, ICO was literally a period of time where any projects could collect money without any legit use case, but when it comes to NFT space, there are some legit projects out there, i was reluctant to jump into the space for a very long time, but once i started looking closer, i changed my perception. Some of the AR VR products some of these projects are launching is outstanding.