Quote from: justdimin on May 06, 2022, 10:33:22 PM

Quote from: domoy77 on May 06, 2022, 04:37:43 AM

Quote from: TopT3ns on May 02, 2022, 04:40:26 PM

I hope what you say can come true because if there is no development it will make NFT investors bored and not make them interested anymore, NFT is still a trend that is very much talked about among cryptocurrency collections.

It seems that it will be very difficult for NFT to get better developments under current conditions because almost all projects are experiencing difficulties, as well as the market and marketing of some new products so that it will still take a long time if developers like NFT are serious about improving further development.

It's going to be harder and harder to find proper projects in the NFT space, because of the high supply these days. You have to remember that demand is not increasing that much, even dropping a bit each day, whereas the supply is getting easier and easier.

I mean you could literally spend a few thousand dollars into getting art made and then get the codes done, if something is that simple then it's going to be quite the challenge for it to keep getting the same level of interest. This is why better and bigger developments matter a lot, it will give people some understanding of what's going on and they will make some profits based on the improvements.

Not only that, currently we are experiencing an important drop in the price of most coins in the market, and when that happens and uncertainty takes place people have the tendency to move to safer investments, like stable coins, bitcoin or go back to fiat.

Right now there are not a lot of people that are looking to invest in NFTs as they are incredibly risky and the chances that you are going to find a buyer for your NFT once you want to sell are on the low side if the market keeps moving this way.