Post
Topic
Board Altcoin Discussion
Re: Where do you see NFTs heading in the future?
by
TastyChillySauce00
on 21/04/2024, 10:44:48 UTC
NFT is out of mainstream now, for good. I think that this industry is slowly duying now
NFT is getting hyped on the bitcoin blockchain, i was seeing massive growth happened to the BTC nft but as you said it's dying on another blockchain like ethereum since people are looking to buy NFT caused by their usability. If NFT will help them to be eligible for so many airdrops and im sure they will buy it.

NFT is good for several sectors but it doesn't mean this thing has no weakness. I'd prefer to hold token rather than NFT considering the fact that if NFT is just a non fungible token.

It has utility when the creators/issuers of such NFT has very strong foundation and connection to the various projects that can give NFT holders ability or eligibility to receive as many airdrops as they can from the partners of NFT issuers.

NFT is dying now.

This is an evidence for this


https://cointelegraph.com/news/bored-ape-yacht-club-floor-price-lowest-point-since-august-2021

BAYC has been known as the most popular NFT and the price of this NFT is always going down even deeper after it has released token airdrop to the NFT holders.