Post
Topic
Board Altcoin Discussion
Re: 95% of NFTs have a market cap of zero
by
bitgolden
on 29/10/2023, 18:06:38 UTC
Most of it if not trash gameplay a copy from other popular games so we cannot really get some good new game ideas coming from those NTF game creators since they are generics and maybe they don't even think about for new concept since they want to ride as fast as they can on NFT hype floating up in the mind of the people. if investors would really be smart enough to determine which are totally garbage for sure that they will not caught up by those scammers pretend to be a good NFT platform.

And if we look at the past stats made by this industry for a year for sure we can see that most of them are in total bad shape which their old holders still shaking their heads on how they can recover back their money invested on those NFT games and arts.
There is literally source codes of so many games out there today that I could literally build a whole game/metaverse that has its own token as economy in like 2 weeks. And I am not even a coder and for under 1k dollars you can build that, which is why all these projects are shit coins and tokens. I understand that people got hyped for a while but even south park joked about how NFT's were terrible scams and people didn't want to wake up to the reality and assumed that they would be holding images that worth so much. Why would an image worth so much?

I mean I get that it did at some point so people assumed it could, we have seen proof that it was high, so they thought that was the proof that it would stay high since it reached there once. But the reality is that we are talking about a situation that is a little lesser possibility and we need to reach to a conclusion that we can't really expect some images to actually worth something a lot for us. It was once upon a time, and now it's gone and we can't really expect anything else from NFT, it's done, it's gone, it's finished.