Post
Topic
Board Speculation (Altcoins)
Re: About NFT
by
Quidat
on 29/07/2022, 18:36:40 UTC
Are you optimistic about the development of NFT?Have you ever invested in NFT?How much profit did you get?
If what you mean by optimistic is that NFT will get it's hype back just like a few months ago, then no, NFT has it's peak and now people realize their real value. But I believe NFT will still be around for a long year, people will still use NFT in mostly Pay-to-Earn game and maybe art and music. It's just wont have such extremely high-value like $100m like when it was hype.
I don't think what he mean there is just hype but he was asking if we are seeing a potential with these nft's like if there will be a ground breaking project that will come out, something like that. There are few actually. We have sandbox and there was that another one which I forgot but it was also related to gaming. The use of nft's are not only limited to this but we also have art and music as you said.

I already saw big projects that are related to art but not in the music yet so maybe they are going to be the next in the list. I never tried investing in any of the nft's not even in the gaming one because I am already contented on the cryptos and there's a lot of them.
There are couple of project that are focused on music but as far as I know there aren't any one who stand outs are claimed the hype of music NFT's. I believe that NFT's can make a 2nd wave hype next bull run. This time, I think the project who is capable on performing long term are the one who will rise and don't forget those quality NFT games that are mostly on 3D, has high marketcap right now, Good roadmap and developing right now. I'm sure the release of those games is near or on the bull run to gather some traction with the community.
This market do really have a tough competition and it would be understandable that the one who would really survive out are the ones who do have actual utility or simply talks about
having that potential and the rest that had declined its price are the total shit ones but of course not all because there are even shitty ones who do able to get some value just because
its being hyped thats why we should really be careful on investing on any projects not only focused on NFT but also in other trends as well.As an investor we should not really make
ourselves that too careless on making investment decisions because money isnt something that could be earn easily just for you to waste it off.