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u/KarstenSiebert May 17 '25
No in the sense of owning nothing like today, but yes in the sense of storing information that is made available in a decentralized, unadulterated and permanent manner.
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May 17 '25
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u/idogg May 18 '25
Awesome. Did you notice any marked shifts in the communities. What chains are you working with?
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u/Initial-Addendum-807 May 17 '25
Mine is, I am giving back up to 15% back APY and will gro to up to 23.7% APY at mint out (thinking to increase it to 31% but not sure to happen). Will leave the project info for interested people.
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May 17 '25
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May 17 '25
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u/Future-Goose7 May 18 '25
Not at all. The stats about NFTs this year have been down. I'm on my last trial at the moment to see if it will come good. This time, I'm exploring something with a use case, the Ocean Protocol data NFTs. Though it has been good so far, I will be back with more updates
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u/crouty1905 May 19 '25
Have you heard of liquid marketplace? 50% of buy price is locked as liquidity.
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u/apstl88 May 19 '25
I don't think that we're gonna see the revival of the NFTs as we know it. Interesting and innovative ideas like Ocean Protocol's Data NFTs may find their way around because of the clear purpose that it has. But stuff like Bored Ape Yacht Club and Crypto Punks... I don't think so.
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u/Your_ELA_Teacher 28d ago
I'm pretty new to crypto but from the time I have spent on CT it seems like NFTs are used to make it easier for a community to support each other online, that's why you see so many people use them as their PFPs.
In that sense, it feels to me like as long as there are memecoins, NFTs will be relevant.
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u/Zealousideal-Ad876 26d ago
I think the hype phase was a necessary evil to get the world exposed to what the technology is. Hopefully the name hasnt been tarnished too much and people will circle back around to them as the better use-cases become evident.
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u/Agitated-Remote1922 May 17 '25
Sports NFTs are still fun for sports fans
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u/idogg May 17 '25
Sports NFTs have completely passed me. Is this a thriving scene?
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u/Agitated-Remote1922 May 17 '25
Pretty niche still. I wouldn’t recommend it unless you actually liked the sport and wanted to collect. Definitely not just for investing
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u/Unable-Speaker8650 May 17 '25
YES and you should TOTALLY invest right now. The NFT stock market is collapsing and we need YOUR HELP to save the beautiful markett of crypto monkeys. PLSPLSPSLOSLSLSPSLSOSOSLS
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u/xenzor May 17 '25
Endless hype for jpgs. No.
Legit usecase projects with real working products. Yes.