Post
Topic
Board Speculation (Altcoins)
Re: NFT presales vs ICOs
by
arwin100
on 04/02/2022, 21:56:00 UTC
I've been deep-diving into many pre-sales and it's quite evident the amount of hype that this new market is generating, and there's still a lot of room for growth in my opinion.


I genuinely think that NFT pre-sales are comparable to ICOs back in 2017/2018, when very few projects required whitelisting and with no vesting schedule, so everybody jumped in in order to sell shortly after the live listing, causing many pump and dump movements, which led many projects to death.


What's your opinion about that?

The only difference on NFT is it has a utility you can use their tokens on the game or or what the perks added on the arts if you buy it so I think NFT is much better compare to ICO where all of this category always promise to have use case but in the end majority of them turn scam.

Although there's still scams happened in NFT scene since its unavoidable that there are scammers using its trend so we must be careful to avoid it.