Post
Topic
Board Altcoin Discussion
Re: Where do you see NFTs heading in the future?
by
LogitechMouse
on 22/04/2024, 13:13:05 UTC
NFT has come a long way, some think NFTs are dead, but again some think NFTs is heading in a way that keeps them alive, I feel that second one is the most reasonable thing.
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I think there's a market for selling photoshopped art or handmade arts, potentially at high prices. There will always be someone who appreciates your work. I do believe that NFTs aren't done yet – what are your thoughts?
Creating photoshopped art right now is very easy hence, the value of these will almost worthless and with the addition of AI, creating an art has never been easier.
I mean just a phrase of what you want to generate and *poof*, images will come out. If you're good at describing the picture you want, the better the outcome is. Save the picture, and sell it on Opensea. Just imagine how many people can do that? Everybody can do that and this is the reason why NFT's especially those JPEGs and JPGs will not have a significant value in the long run.

Based on my observation, I only see NFTs being used as a requirement for some airdrops for them to be eligible. You need to mint an NFT on their blockchain for a bit of money + fees, and that NFT will be used as a criteria for an investor to be eligible for an airdrop. Right now, that's the only use case that I'm seeing with these JPEGs and JPGs.

Overall, it's hard to predict where NFTs will be heading in the future. They might be sold for a lot or not because they don't have any value at all. No in between.