Post
Topic
Board Speculation (Altcoins)
Re: Let’s Talk NFTs: What’s Happening in the Market Right Now? 🎨🚀
by
South Park
on 28/11/2024, 19:51:01 UTC
What NFT projects are you currently following or investing in?
Do you think NFTs are evolving beyond art into more practical uses (e.g., ticketing, real estate, memberships)?
How has the recent crypto market influenced NFT trading volumes?
What are your predictions for the next big trend in NFTs?

1. Personally i don't really follow NFT project anymore, the big NFT already established their community and their floor price, and there's rarely any new NFT that become popular.
2. many project already utilized NFT for membership, maybe some RWA project also trying to take advantage of NFT, but so far no real progress that could change the sentiment toward NFT being seen as just pump and dump tool.
3. I still see no indication of NFT market having massive influx of money which equates to more trading volume.
4. honestly can't predict any upcoming trend because with NFT it's still unclear what direction they are taking.
NFTs had their time on the spotlight and it has ended, I doubt we will ever see the demand we saw for them and it is not difficult to understand why, when 99% of those that trusted on those projects lost everything and only 1% earned all the money, it is obvious that with such disparity on the income of those two groups, those that were on the fence about it decided to skip NFTs for good, since they are not willing to throw away their money to scammers and other people like them.