Post
Topic
Board Beginners & Help
Re: Should I jump into anything in this crypto space?
by
uchegod-21
on 16/02/2025, 17:24:28 UTC
NFTs are useless and NFT marketplaces don't have bright future like many things from altcoin projects.

Let's see an example with Coinbase NFT Marketplace.
Coinbase bet on NFTs Comes at a Terrible Time. They spent "Coinbase may have to spend up to $300 million" and their NFT Marketplace faced with dommy future.
In February 2023, Coinbase’s NFT marketplace has seen trading volume of less than 3 Ethereum in the past week.

It's Coinbase NFT marketplace, you can imagine about smaller unknown NFT marketplaces from small companies in blockchain and cryptocurrency industry.
I can still recall when they were really hot topic still in this forum. I have been radio silent when they became a trend, but they were pretty much any newer trends in crypto that people keep hyping up and down then in the end, it just dies down.

NFTs are like memes now and people are not taking it seriously anymore.
This cryptocurrency industry is characterized by many things and trend is part of it. I remember when it was NFT trend, many people make cool bucks from it. Later it was time of telegram tap meme coins. How fast that one faded I don't know. Atleast, it is supposed to be trending by now.

Op, you are pretty corrupt. Anyone who comes into this industry without a purpose will likely chase all the trends and in the end, will not have anything tangible to hold to. Purposefulness is a virtue in this industry.