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NFTs & Collectibles / Re: Do you really believe on NFTs?
« on: May 10, 2024, 04:24:48 PM »
Simply no!
And even if it were some rare occasion where NFTs would be valuable from the start they would have a hefty price tag, much as your everyday collectibles since basically, they are nothing different. Think of rare cards be it pokemon of baseball and that's the same for NFTs, as for other use cases they have all flopped, nobody is going to pay money for jpg of an art piece he has no real ownership of it.
Of course, it doesn't mean there won't be money to be made from this, but long term, the ones minting will make money the ones buying will lose.
And even if it were some rare occasion where NFTs would be valuable from the start they would have a hefty price tag, much as your everyday collectibles since basically, they are nothing different. Think of rare cards be it pokemon of baseball and that's the same for NFTs, as for other use cases they have all flopped, nobody is going to pay money for jpg of an art piece he has no real ownership of it.
Of course, it doesn't mean there won't be money to be made from this, but long term, the ones minting will make money the ones buying will lose.