damn some of y'all sound like you got scammed by these and are in denial.

Don't worry, there will be other scams and if you get in early enough the next time maybe you can make some money

that s*** has zero actual value

you own a unique hash that pertains to an item, you don’t even own the item itself and there’s no significance in regards to the hash other than the fact it relates to an item

at least dogecoin was a currency that was being hyped for no reason other than the fact that it was hyped and you’d make money from it

NFT’s make no sense at all

Nft art ot nft in general have 0 value ?

In the form of holograms, screen projected art galleries, this could’ve been something given in the right hands

No resell market development yet

Idk if they're the og, but they're basically what inspired topshot

i regret not getting into this early and selling KTT emotes as NFTs for hundreds of thousands of dollars

This was expected lmao
NFTs and the technology behind it is literally going no where. This was just the beginning. It will only evolve from here

damn i was hopin to sell like one single as NFT

the value is entirely arbitrary and has zero use, compared to currency which is at least tied to material market patterns

NFT art isn’t even the same as selling physical art, you’re selling a hash that pertains to owning the original copy of digital art, regardless of how many copies. It’s functionally useless because you can just copy paste and nobody gives a s*** about your original hash.

NFTs for physical goods are even more useless because then you then technically own the HASH, not even the piece itself

FUD

it became a gold rush very quickly. guilty myself of trying to cash in on it.

I think they'll remain a thing and there will be fun and practical uses for them, but the collapse was definitely needed to weed out the people involved for the wrong reasons.

Good

S*** is stupid as well as damaging

In terms of digital art, yes that is true but in other cases NFTs can be linked to physical art, where the seller is able to sell the art and the nft supports the purchase as certification of its authenticity. NFTs used in this fashion is valuable as it basically prevents buyers from buying fakes and replicas.

It really just a matter on how it's use. In it's current capacity NFTs for digital art is practically useless but I can see it evolving as the digital art space evolves

Yeah the crash im assuming is mostly people dropping out who invested because NPR told them to (which was the majority of ppl shoving this s*** down our throats)

Good luck trying to explain this to idiots

$RAINI & $NIF

Yea and thank goodness. Nfts from an art standpoint were useless long run

i mean it was a pretty obvious bubble let's be real

There’s some great use cases where nfts really shine. I’m watching a few companies in supply chain and finance. But asset tokenization of RWA is the future IMO. Tokenizing loans and funding those loans through distributing tokens rather than a credit facility

Lol

yea them early sells this year (crypto punks, beeple, etc) def boosted the numbers overall. like all markets, this is somewhat manipulated as well. plus speculators are leaving the space too. but s*** if u f*** with it just cop what u like. I recently swapped some art to own a section in smokepurps prom queen video lol

I just saw one sell for like 27 million. I think there's still opportunity

might not even be a real sale, just trying to bump the price of that specific one on the next sale