Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => NFTs & Collectibles => Topic started by: Musa on May 20, 2024, 04:00:03 PM
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Metaverse and NFTs seem to be fading, and the hype is not what it used to be. However, I am still seeing many projects working on the same concepts. I am wondering if they are trying to revive the hype in that space. what are your thoughts on this , do you think these projects can succeed in bringing back the excitement we once felt around NFT and metaverse?
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I wish NFT never be revived, as the concept of it I can describe with one word - weird. Pictures that all of a sudden started to cost fortune. I think that NFTs were perfect instruments for scam and money laundering. I believe that only those who have lost money on NFTs wish them to return, while others feel nothing about them. As to Metaverse, I think we were not ready for it. The idea is great, but came to early and people were not able to realize its potential fully. By the time technology and availability be affordable for everyone, Metaverse would be transformed into something new. So I also dont wish it to be revived, as people would create new and updated technology.
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Metaverse and NFTs seem to be fading, and the hype is not what it used to be. However, I am still seeing many projects working on the same concepts. I am wondering if they are trying to revive the hype in that space. what are your thoughts on this , do you think these projects can succeed in bringing back the excitement we once felt around NFT and metaverse?
Tbh the nfts hype is different from 2021/2022. Seems everything has gone cold lol. But like you said I've also spotted some nfts and metaverse gamefi projects building lately like Nyan. It's a play to earn game though based on the meter verse. You could take a look at it..
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Metaverse and NFTs seem to be fading, and the hype is not what it used to be. However, I am still seeing many projects working on the same concepts. I am wondering if they are trying to revive the hype in that space. what are your thoughts on this , do you think these projects can succeed in bringing back the excitement we once felt around NFT and metaverse?
Tbh the nfts hype is different from 2021/2022. Seems everything has gone cold lol. But like you said I've also spotted some nfts and metaverse gamefi projects building lately like Nyan. It's a play to earn game though based on the meter verse. You could take a look at it..
Nyan, this project has some fundamental potentiality and all things being equal, might be able to resurrect the hype around NFTs more so because these NFTs are tradable amongst players. I learnt they got listed on Bitget with a PoolX event to go along.
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I wish NFT never be revived, as the concept of it I can describe with one word - weird. Pictures that all of a sudden started to cost fortune. I think that NFTs were perfect instruments for scam and money laundering. I believe that only those who have lost money on NFTs wish them to return, while others feel nothing about them. As to Metaverse, I think we were not ready for it. The idea is great, but came to early and people were not able to realize its potential fully. By the time technology and availability be affordable for everyone, Metaverse would be transformed into something new. So I also dont wish it to be revived, as people would create new and updated technology.
Well, I support NFT and Metaverse trends because they come with many values for the crypto market and blockchain technology. Currently, the Metaverse is still in its early stages and is limited by hardware, smart glasses are not good enough to meet the user's experience needs, but I believe Apple and other companies will soon achieve great success in the technology race. NFT has been involved in GameFi and DeFi, they can really play an important role in the digital age, for example being used to store information about property ownership, diplomas, medical records...
NFT and Metaverse may just be temporary trends in the bullrun 2021 and many subsequent bullruns, but as the market develops and more possibilities of crypto and blockchain are explored, I believe they will continue to exist and contribute value to real world. I really look forward to the explosion of NFT and Metaverse in this bullrun!
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Re: Can the Excitement in Metaverse and NFTs Be Revived Again?
I would want to see NFTs and Metaverse getting hyped again, but I wonder when it will happen. :D
I mean it happened in 2021 and after that, it never happened again.
New NFT games are being created still, and there are still developers that are creating their own NFT game. New projects that are related to NFTs and metaverse are still being created, but I don't think that it will be as popular as it was when NFT games got hyped in 2021. I believe though that NFTs will remain in the crypto space, and there will still be a community behind it. It's just that, it will not be as popular as where it is years ago.
I guess it's just good that there are some projects that are built in 2021 that are still developing until now. :)
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Metaverse and NFTs seem to be fading, and the hype is not what it used to be. However, I am still seeing many projects working on the same concepts. I am wondering if they are trying to revive the hype in that space. what are your thoughts on this , do you think these projects can succeed in bringing back the excitement we once felt around NFT and metaverse?
Tbh the nfts hype is different from 2021/2022. Seems everything has gone cold lol. But like you said I've also spotted some nfts and metaverse gamefi projects building lately like Nyan. It's a play to earn game though based on the meter verse. You could take a look at it..
Nyan, this project has some fundamental potentiality and all things being equal, might be able to resurrect the hype around NFTs more so because these NFTs are tradable amongst players. I learnt they got listed on Bitget with a PoolX event to go along.
It's a gaming project but with nfts and metaverse inclusion. Let's hope though, noticed a high volume on that, is it because of the ongoing PoolX you mentioned
(https://i.ibb.co/sqJ7dgd/IMG-20240522-WA0010.jpg) (https://ibb.co/w4rtFdF)
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I wish NFT never be revived, as the concept of it I can describe with one word - weird. Pictures that all of a sudden started to cost fortune. I think that NFTs were perfect instruments for scam and money laundering. I believe that only those who have lost money on NFTs wish them to return, while others feel nothing about them. As to Metaverse, I think we were not ready for it. The idea is great, but came to early and people were not able to realize its potential fully. By the time technology and availability be affordable for everyone, Metaverse would be transformed into something new. So I also dont wish it to be revived, as people would create new and updated technology.
I understand your opinion about NFTs, and I agree that the concept has been problematic. The idea of paying fortunes for digital pictures does seem weird.
However, I do like the the concept behind Metaverse, even though its implementation may have been premature. and I will like to see how the idea evolves and matures in the future.
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I get where you’re coming from with NFTs—they’ve definitely been a mixed bag. Paying huge sums for digital pictures does feel off, and there’s no denying the scams and shady stuff that happened.
As for the Metaverse (https://nftinsider.io/nfts-for-beginners/what-is-the-metaverse/), I actually think it has potential. Sure, it came too early, but I’d love to see how it evolves when the tech and accessibility catch up. Who knows, the next iteration could be something way more exciting and practical!
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Once Crypto becomes more mainstream and globally accepted I think we’ll see a great surge of artists that care about their work more than securing a bag, then the odds of NFT Market growing is sure high.
Until then we’re left with unfinished and lazy products marketed by KOL’s to make some cash.