Money Talk

NFTs - Hype or the future of proprietary content

Submitted by Watch0001116, , Thread ID: 200318

Thread Closed
11-03-2021, 05:17 PM
#1
Hey guys,

I am sure a lot of you are aware of the current NFT Hype.

If you are not, I am talking about this: https://www.coindesk.com/what-are-nfts

Anyway from digital art to gaming there seems to be a huge potential in them and they could also be an investment oppurtunity I think.

Do any of you own any particular NFTs? Which ones and why?

RE: NFTs - Hype or the future of proprietary content

#2
I do not own any as of yet, interested tho but not sure how I would profit on it atm. Since they are not possible to split, each NFT holds one or more items and it's those who cary the value of the NFT, no?

If so you need to be able to buy something cheap now which will increase in value over time but still don't change anything in its own characteristics?

RE: NFTs - Hype or the future of proprietary content

#3
I see sh*tty pixel art cats selling as a NFT for a grand really, i gotta get on this NFT stuff. My art is better than those really
nope

RE: NFTs - Hype or the future of proprietary content

#4
I feel like there is some value, but it's wrapped up in a lot of hype. Right now I don't think NFT's are being used for the right things. What exactly are the right things though, I don't know quite yet.

RE: NFTs - Hype or the future of proprietary content

#5
collectable cards were probably thought of the same way when they started out. I have no doubt that NFT's will be huge.

RE: NFTs - Hype or the future of proprietary content

#6
Hype - really can't wrap my head around how it will ever catch on or have any use ...

RE: NFTs - Hype or the future of proprietary content

#7
I use NFT for presales. It is a good tool for making money.

RE: NFTs - Hype or the future of proprietary content

#8
Anybody mind explaining what exactly are NFTs?

RE: NFTs - Hype or the future of proprietary content

#9
Both, 90% of the market will fail while the 10% of actually valuable NFTs will survive. It will copy the Internet stock bubble and a lot of NFTs will fail but some will prosper.

RE: NFTs - Hype or the future of proprietary content

#10
Personally, I think it is only hype and the popularity will disappear in a few months

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