Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => NFTs & Collectibles => Topic started by: Playboy on November 24, 2024, 02:34:44 AM
-
As someone that it is art inclined and also a big fan of crypto and web3, I really appreciate the concept of NFTs, but for a while now it has looked like it's not something I can count on all the time.
It also doesn't help that I strugle with finding them across different chains. Although for this, I think a platform that has multi-chain support would easily solve this.
Magic Eden might be a good one, but I feel like a lot of people know it mostly for it's token (ME)
So in the end my major issue is how to time my engagements with NFTs to perfection, and also finding platforms that can help if I want to create my own NFTs.
-
Timing and accessibility are real challenges in the NFT space. For multi-chain support, Magic Eden is great, but platforms like OpenSea and Rarible also stand out. If you’re creating NFTs, Foundation or Mintable could be worth exploring. Do you lean toward any specific chain, or are you keeping it broad?
-
Right now, NFTs are not making yet that big comeback after some months of slump performance in the market. Maybe next year we can be able to see some massive interest on NFTs again and that is something you need to be prepared of. As for me, I do not see much value with NFT creations but if this can be combined with other attractive features and benefits maybe there can be a bigger market waiting because as it is it is a big NO for me. Now, am not an expert on NFT but am just expressing my view and opinion. Good luck.
-
Right now, NFTs are not making yet that big comeback after some months of slump performance in the market. Maybe next year we can be able to see some massive interest on NFTs again and that is something you need to be prepared of. As for me, I do not see much value with NFT creations but if this can be combined with other attractive features and benefits maybe there can be a bigger market waiting because as it is it is a big NO for me. Now, am not an expert on NFT but am just expressing my view and opinion. Good luck.
NFT will need more supporting trends to return to the price rally. We have previously mentioned GameFi using NFTs as characters and equipment, SocialFi using NFTs as avatars, and many other platforms are also exploring the values that NFTs can bring to their own ecosystems. Therefore, to have NFT trends, we will have to wait quite a long time, sometimes at the end of the cycle, similar to the Metaverse.
It is a pity that we have seen the potential of NFTs in many areas but many governments are not open enough to accept news related to NFTs from the crypto community. I hope that this will change in the future, especially when the full potential and value of NFTs are discovered and experienced by people.
-
Right now, NFTs are not making yet that big comeback after some months of slump performance in the market. Maybe next year we can be able to see some massive interest on NFTs again and that is something you need to be prepared of. As for me, I do not see much value with NFT creations but if this can be combined with other attractive features and benefits maybe there can be a bigger market waiting because as it is it is a big NO for me. Now, am not an expert on NFT but am just expressing my view and opinion. Good luck.
~snip~
It is a pity that we have seen the potential of NFTs in many areas but many governments are not open enough to accept news related to NFTs from the crypto community. I hope that this will change in the future, especially when the full potential and value of NFTs are discovered and experienced by people.
As far as I know, crypto is a business and this business definitely has its ups and downs in terms of fame, crypto has fluctuated in price rapidly, plus the popularity of the NFT feature in crypto has gone up and down, so it's like a double kill. The government may also not be able to deny that NFT cannot be used as a meaningful or valuable benchmark because government regulations on crypto also sometimes change.
I see the NFT hype is now starting to fade and wither, over time it is also possible that NFT may no longer be in demand in the future because I have heard that there is something more complex, namely the Metaverse. I don't know if NFT and Metaverse are the same or different, but I see Metaverse as more complete than NFT.
-
I totally get your perspective. As someone into art and crypto, NFTs can be exciting but also unpredictable—it’s hard to know when to jump in.
The multi-chain struggle is real, and I agree, a platform with solid multi-chain support would make things way easier. Magic Eden is a good pick, though it does seem like its token gets most of the spotlight.
Timing the NFT market is tricky for sure, but for creating your own NFTs, there are platforms like OpenSea and Rarible that are beginner-friendly and multi-chain. Might be worth checking out!