How Can NFTs Change The World Of Cryptocurrencies?

[Good-Person]

NFTs are "Non-Fungible tokens". These NFTs are quite unique because each and every one of them might have a different value, depending on the circumstances. NFTs were launched in the year 2014. However, now they have gained a lot of popularity in the recent times. They are used in many places in the online world. So, how can they have an impact on cryptocurrencies?

 

[Riberet19]

NFTs are "Non-Fungible tokens". These NFTs are quite unique because each and every one of them might have a different value, depending on the circumstances. NFTs were launched in the year 2014. However, now they have gained a lot of popularity in the recent times. They are used in many places in the online world. So, how can they have an impact on cryptocurrencies?

Well, I don't know exactly how they could change the world of cryptocurrencies because until now they have not done so to a great extent, they have only been an object of investment with too high speculation, on the other hand I think that a good use of NFTs could be like It has been used by some celebrities, such as for access to private events, it could also be used as an entrance to sporting events, musical concerts, museums or any other place where you require unique authentication, that is, to prevent ticket fraud, for example.

 

[akinlolu99]

Frankly speaking I don't know, I just know that NFT is something that people are making money from one way or the other either as a creator moderator or something and I'm very much interested in it because platforms that have to do with NFT are mostly always linked to telegram and attend to make one source of money doing certain kinds of activities which I am interested in.

 

[Ja Sa Bong]

NFTs the "Non-Fungible tokens" are categorised as the biggest cryptocurrency scam and looking at how its popularity waned over the years, it doesn't seem like a lie. It's few people who are now interested in NFTs. I've never believed in them when they were making the headlines and I won't now they are fading.

 

[Nomad]

I do not think NFT can actually change the world of cryptos. NFTS will continue to exist and people will continue to buy and sell NFTs but they will not affect the crypto market in general. However, NFTs can change the art world. For instance, artists will start mining their artwork as an NFT and sell arts as NFT.

 

[Grant]

They can't, if anything NFTs are hurting Cryptocurrency. There have been so many failed attempts at making NFTs popular, and so far people are mostly against them. Especially ever since people have balked at the idea when they wanted to add NFTs to video games.

And the amount of NFTs that have been purchased for a lot, and then are now worth next to nothing. It's not a good look for NFTs these days.

 

[Heatman]

NFTs cannot even change its state now and not to talk about having any possibility of doing anything to impact on cryptocurrency. Generally, NFTs have been regarded as a scam and it's no longer popular as it used to be. A Non-Fungible token that's lost its popularity is not going to have any impact on cryptocurrency.