Blockchain Recruiter at Axiom Recruit | DeFi | Web3 | NFT | Crypto | Metaverse | GamFi Gaming | AI - Hiring
Are NFTs Dead? Not necessarily, but the recent crash in the NFT market reminds us of the volatility in crypto. While the hype has faded, NFTs still offer utility for digital ownership and new revenue streams for creators. The underlying technology remains full of potential. The gaming industry's adoption of NFTs shows promise for a comeback, potentially driving renewed interest and value. However, reaching all-time highs again will be challenging. Recovery will depend on regained trust, tangible utility, and broader adoption. What are your thoughts on the future of NFTs? #Nft #Blockchian #Crypto
The underlying tech of NFT's was always where opportunity lay. With the rising interest in the tokenisation of RWAs, NFT's will find their home.
Now that the hype is gone, NFTs will find the real use cases.
The future of NFTs is in utility, not in PFPs and communities. Community has tried and failed. NFTs are a super viable use case in businesses building engagement and loyalty with their customers, as well as in RWA and gaming.
Emerging Technologies Solutions Lead | Google Certified Project Manager | Metaverse | AR VR XR | AI IT | NFT and Data Analytics.
5moNFT as an PFP will loose its value over period of time if the community is not active around it. However , in contarary , the older the NFT , the more value it attains, Example Crypo punks Imagine , using NFT to plug and play the real world scenarios like data mining , leveraging algorithms of ML and AI which some one can activate by holding an NFT is the key. Way forward , I see many projects with NFTS adds more utility , not just creation of BOT or some random stuff but solving Enterprise level solutions. Labninety1 building on Avax ecosystem is doing this atm. Lets see how this unfolds