Post
Topic
Board Altcoin Discussion
Re: Can NFTs last forever?
by
timoshani
on 20/07/2023, 19:38:53 UTC
Invention of NFTs is another great technology for crypto industry. It'll be helpful in many ways, verifying ownership is the most interesting matter to me. But useless NFTs are making this technology down and hamper its reputation. People are using it to scam people by selling scam things. NFTs data and processes still doesn’t seems secure to me, it Should need improvement, otherwise everyone will stop buying NFTs for being scam or being their assets lost. Although Potential NFTs always matter in crypto industry
As stated in this topic – NFTs can disappear at any time. And here the problem with risks is more serious than when investing in ordinary cryptocurrency. NFTs are an inherently insecure investment. In addition, they are not supported by anything real. Although the idea is just the opposite, it is possible to digitize something and own it. But this will not happen. Laws and a centralized financial system will not allow this to be done. I see no point in investing in this rubbish at all. Unless for the sake of a quick profit. The idea of ​ ​ a metaverse where all these NFTs will be needed – a bubble in a cube!!!