Post
Topic
Board Speculation (Altcoins)
Re: Uncertainty in the NFT market
by
robattfield
on 15/07/2022, 06:46:03 UTC
Good morning

I was looking at the uncertainty that there is currently about investing or not in NFT projects... what do you think about it?

I'm new here please treat me well Tongue

IMHO, I guess we have common sentiments about NFTs except for the P2E NFT platforms because I already enjoyed and reap the benefits with these platforms and the demand for their NFTs is real because there is money circulating in it. Anyway, about the plain NFTs in the market, I have never invested with them so far because I was doubting their economic value and still asking where the demand is coming from? in these pieces of digital art that were stored on the blockchain. 
It's perhaps more fair that as things have progressed, we've seen how the exaggeration of previous trends made them unsustainable in the eyes of many in the sector. I do not deny the potential that it applies to this market, but in general, the implementation to bring sustainable value to stakeholders is not balanced. Only the leading things of the field are maintained. That is, most of them are considered short-term products. Anyway, it's only a small part of the market for me, so there's no need to overestimate how likely they are to get better over time, because I see things coming up with time and things. If this does not bring benefits to the market, it will be replaced by new forms.