Where do you see NFTs in the future given the nature and Pace at which they keep

[Crypto Fella]

I kept seeing new NFT tokens and even cryptocurrencies coming up after those NFTs and I have even seen a new one with the name MOCA, it is said that Mocaverse is an NFT collection by Animoca Brands designed to strengthen the Web3 and metaverse-centric ecosystem.

We know and often say that cryptos are driven by their use and community, but what other factors do we look at given that new coins keep having use cases . How do we spot what will have a brighter future among other several coins?

[MrSpasybo]

I kept seeing new NFT tokens and even cryptocurrencies coming up after those NFTs and I have even seen a new one with the name MOCA, it is said that Mocaverse is an NFT collection by Animoca Brands designed to strengthen the Web3 and metaverse-centric ecosystem.

We know and often say that cryptos are driven by their use and community, but what other factors do we look at given that new coins keep having use cases . How do we spot what will have a brighter future among other several coins?

Well, I think the answer can only come from careful basic analysis. Each new project offers many solutions and asserts its potential, but only a few can be successful. By analyzing the problem + solution, devteam, investment fund and tokenomics, a professional analyst can assess the potential of the project and choose the best projects for the portfolio.

Currently, we only see the value of tokens in the trading price in the market. Some have other utilities but still only in the crypto market: for example, paying transaction fees or staking and voting, so we don't need to think too much about the value of tokens in the distant future. We should invest in a project where the token has a great chance of being pumped and increase in price!

[Yamane_Keto]

NFT tokens were attractive at the past, but the market trend turned to memecoin DeFi AI L3 tokens, and some projects even began to prefer Bitcoin Ordinals Inspection instead of Ethereum tokens. If you want to invest in NFT tokens, I advise you to invest inSolana blockchain tokens, as it is gaining some liquidity, but the general trend is bearish.

[MrSpasybo]

NFT tokens were attractive at the past, but the market trend turned to memecoin DeFi AI L3 tokens, and some projects even began to prefer Bitcoin Ordinals Inspection instead of Ethereum tokens. If you want to invest in NFT tokens, I advise you to invest inSolana blockchain tokens, as it is gaining some liquidity, but the general trend is bearish.

I believe that similar to GameFi, the NFT trend will return in the bullrun and create price increases for many tokens and collections. However, it is difficult to identify which NFTs or projects will grow strongly and bring profits to investors. Solana is a potential and vibrant ecosystem, but I'm not sure if it will still be the chosen one in this bullrun, as many other platforms have emerged and shown their strength, such as Ton.

If you believe in NFTs, I think the native tokens of top blockchains for creating NFTs such as ETH, SOL, BNB, NEAR, TON... will be a safe and attractive choice!

[bee]

We know and often say that cryptos are driven by their use and community, but what other factors do we look at given that new coins keep having use cases . How do we spot what will have a brighter future among other several coins?

NFTs generated by gaming apps clearly have a use case. But it is not limited to entertainment, while what we see from season to season are always new brands in the games industry which at the same time discard previous projects. I think NFT tokens are out of date according to their popularity and will soon have to be phased out and updated with other tokens that will dominate the market.

[Stompix]

Where do you see NFTs in the future?

95% in the trash not being worth the tx!
2% probably destroyed by the owner's carelessness!
1% dead on a dead chain completely!
1% lost to technicalities!

1% still moved against people who will still believe at some point they will make money out of it!
0.1% of the to error margin actually worth something!

The only way for some to survive is to be modeled by something that has value in the first place, so like issuing just 10 Pokemon NFTs after a Pokemon event or launch of a region, issuing one single NFT for each basketball player, and this supervised by the NBA! Making jogs and calling them precious is not the way!

[MrSpasybo]

95% in the trash not being worth the tx!
2% probably destroyed by the owner's carelessness!
1% dead on a dead chain completely!
1% lost to technicalities!

1% still moved against people who will still believe at some point they will make money out of it!
0.1% of the to error margin actually worth something!

The only way for some to survive is to be modeled by something that has value in the first place, so like issuing just 10 Pokemon NFTs after a Pokemon event or launch of a region, issuing one single NFT for each basketball player, and this supervised by the NBA! Making jogs and calling them precious is not the way!

It is unfortunate that this is the current state of NFTs in the market. The NFT trend is still in its early stages and needs more time to find opportunities and establish a position in this market, especially in the economy.

We have heard about the great potential of NFTs to tokenize real-world assets, but this has not yet become a reality. The RWA trend uses many other tools for tokenization, not just NFTs, so I am still waiting for the return of GameFi so that NFTs can be used for limited items in games.

[Yamane_Keto]

..

This is 100.1%. The NFTs market, just like valuable collectibles, is based on the great demand for a rare supply, so the real use in art will be limited, and commercial use such as entrance tickets, VIP subscriptions, etc. may be the future of NFTs, but there are better alternatives with cheaper fees.
NFTs will stay with us but their use will decline.

[Stompix]

~
We have heard about the great potential of NFTs to tokenize real-world assets, but this has not yet become a reality. The RWA trend uses many other tools for tokenization, not just NFTs, so I am still waiting for the return of GameFi so that NFTs can be used for limited items in games.

The main thing when it comes to tokenization is, why do we need it?
We had such hype in 2021 when everything was supposed to have tokens, we had the utility tokens strand at that point, and users realized that it made no sense to use a token instead of what we have now, the economic and legal hassle for everything is just not worth it.
So why would game makers use NFT in games when it's their system anyhow, every single item dropped in Diablo for example has already its ID, and its hash, the trade and auction house were a total flop of a failure , so....why would they need an additional system on top of that?

..

This is 100.1%.

Yup, that's why I said error margin.

[MrSpasybo]

The main thing when it comes to tokenization is, why do we need it?
We had such hype in 2021 when everything was supposed to have tokens, we had the utility tokens strand at that point, and users realized that it made no sense to use a token instead of what we have now, the economic and legal hassle for everything is just not worth it.
So why would game makers use NFT in games when it's their system anyhow, every single item dropped in Diablo for example has already its ID, and its hash, the trade and auction house were a total flop of a failure , so....why would they need an additional system on top of that?

GameFi teams in 2021 have explained this clearly, I will reiterate briefly.

Traditionally, game publishers have held all the power, and players only received entertainment value, even paying to experience the game. With GameFi and NFTs, the gamers community will be able to have more power:

1. Vote on the future development direction of the game.
2. Own a limited number of items so that each item has its own value on the market.
3. Avoid hackers in the game because hackers do not own NFTs.

I think the application of NFTs to GameFi is a big step forward for the crypto and blockchain market. Even though I don't like playing games, I still hope that the GameFi trend will continue to succeed in this cycle.

[hugeblack]

1. Vote on the future development direction of the game.
2. Own a limited number of items so that each item has its own value on the market.
3. Avoid hackers in the game because hackers do not own NFTs.

All of these features can be done without the need for NFTs on GameFi, and therefore the opportunity for development in this market is unique and must be taken one case at a time. Unless cryptocurrencies become very popular here, games may prefer to have tokens and smart contracts on Ethereum or any cheap blockchain instead of traditional methods.

[MrSpasybo]

All of these features can be done without the need for NFTs on GameFi, and therefore the opportunity for development in this market is unique and must be taken one case at a time. Unless cryptocurrencies become very popular here, games may prefer to have tokens and smart contracts on Ethereum or any cheap blockchain instead of traditional methods.

I don't think gamers can trust game publishers to limit items or listen to their opinions on future game content development. The same goes for anti-cheat: many anti-cheat software are making the gaming experience worse. NFTs could be the solution because they are unique and cannot be forged.

Solana, Avalanche, NEAR, Ronin, or Ethereum Layer-2 could be suitable choices to implement these features for future games. I still believe that NFTs will play a crucial role in the future of GameFi, and GameFi will even have difficulty developing without the participation of the NFT trend.

[Stompix]

All of these features can be done without the need for NFTs on GameFi, and therefore the opportunity for development in this market is unique and must be taken one case at a time. Unless cryptocurrencies become very popular here, games may prefer to have tokens and smart contracts on Ethereum or any cheap blockchain instead of traditional methods.

I don't think gamers can trust game publishers to limit items or listen to their opinions on future game content development. The same goes for anti-cheat: many anti-cheat software are making the gaming experience worse. NFTs could be the solution because they are unique and cannot be forged.

Items can still be forged, they just create it in the game, it would be no different then adding a NFT to an account, remember that the game is an interface, as long as the interface is hacked it matters not what data was inserted in it.
Game developers can monitor at any time everything that happens in the game even now, PoE, for example, has thousands of bug fixes, banned items, rerolled items for accounts even without a token.

As for voting, think of the consequences, you're bringing voting power based on money to a game that was bought by thousands as it was, so developers might be forced to change things based on the ideas of the ones with money. Does it still feel right?

Games are great nowadays and are running perfectly without tokens, without blockchains, without all this non-sense.
Manor Lords sold 2 million copies on an unfinished game:
https://www.gamesradar.com/games/city-builder/manor-lords-publisher-had-some-wild-hopes-but-after-2-million-sales-the-city-builder-has-smashed-every-expectation/
Everyone is happy with it, it's played by millions, those submit for free bugfixes and report, all without all this defi, why overcomplicate it?

I'm going to tell you what every true gamers will think, why do I need to install all this and care of it when I just want to swipe my card, run steam and shoot some players or crash into a police car in a game?

[JISAN]

Well good question. Currently and NFT market has low liquidity cause people are focusing on quick profit. So they were focusing on  New tokens or memcoin. But if you really interested in an NFT marketplace, then go for the popular top NFTS  or a NFT which has usecases. Go for a team that offers you some unique features others don't. Cause I think these NFT will perform better.

My suggestion will be Solana Blockchain NFT .