I would say that the majority of crypto whether that's currency or NFTs are useless. However, I will say this.... the next few years will be another lesson of standing by people that you really believe in at the beginning and not after the fact.... which is what investing was supposed to be all about.
People flock to bluechips, which are at the peak.... For people with small capital it makes zero sense to get in on that... what makes more sense is using your small capital on smaller businesses that would really benefit and your capital could make a better impact, vs little to no impact on a bluechip stock.
There are people that are against NFTs because they see the whole idiocrasy behind big money creating NFTs on things with no real community. Kinda maintains the whole "B2B" venture capital fundraising -> sell strategy business model that the recent years has does not focus on end consumer wants/needs.
However, NFTs would really help game devs for creating communities. Offering limited free NFT's for your community, which is worthless at the start, but if you're able to foster and build communities you can make a bunch of money from the FOMOs that did not see the value in the beginning.
The NFT space is not about selling fake digital coins for outrageous prices. As long as you drop the FOMO mindset, and go back to the main principles of an NFT and the principles, you're golden.
2021 is proof that people with money are willing to spend ridiculous amounts of money on speculation and things that are overvalued.....
If you have the means to provide value (games, saas, content, etc..) NFT's are a great way to capitalize on real value, as long as you provide it.... think nft license keys, nft game assets, nft content, etc...
Hopefully this makes more devs really consider opposed to getting a bad taste of crypto from all the dumb valuations that they see on the news on a daily basis...... if you maintain impressions based off the FOMO news, you're kinda missing out on something that doesn't cost you that much money to implement, opposed to trying to get a sense of what's valuable or what's not valuable and putting like 5k+ on a project you have no control over.
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I would say that the majority of crypto whether that's currency or NFTs are useless. However, I will say this.... the next few years will be another lesson of standing by people that you really believe in at the beginning and not after the fact.... which is what investing was supposed to be all about.
People flock to bluechips, which are at the peak.... For people with small capital it makes zero sense to get in on that... what makes more sense is using your small capital on smaller businesses that would really benefit and your capital could make a better impact, vs little to no impact on a bluechip stock.
There are people that are against NFTs because they see the whole idiocrasy behind big money creating NFTs on things with no real community. Kinda maintains the whole "B2B" venture capital fundraising -> sell strategy business model that the recent years has does not focus on end consumer wants/needs.
However, NFTs would really help game devs for creating communities. Offering limited free NFT's for your community, which is worthless at the start, but if you're able to foster and build communities you can make a bunch of money from the FOMOs that did not see the value in the beginning.
The NFT space is not about selling fake digital coins for outrageous prices. As long as you drop the FOMO mindset, and go back to the main principles of an NFT and the principles, you're golden.
2021 is proof that people with money are willing to spend ridiculous amounts of money on speculation and things that are overvalued.....
If you have the means to provide value (games, saas, content, etc..) NFT's are a great way to capitalize on real value, as long as you provide it.... think nft license keys, nft game assets, nft content, etc...
Hopefully this makes more devs really consider opposed to getting a bad taste of crypto from all the dumb valuations that they see on the news on a daily basis...... if you maintain impressions based off the FOMO news, you're kinda missing out on something that doesn't cost you that much money to implement, opposed to trying to get a sense of what's valuable or what's not valuable and putting like 5k+ on a project you have no control over.