Is N.F.T underrated or overrated? A topic worth discussing on

in Project HOPE3 years ago

It is really nice to see that every new day breaths in new opportunities or open doors for something amazing to be discussed about. I am not that type that is easily moved by what people says, I take my time to always evaluate thing on my own so that I don't at the end looks like somebody who doesn't have something to say or lacks directions. If you want to discuss daily or end up gossiping you will see that the web is full of discussion like that. If you are not careful enough you will see that each day your time will be wasted with no reasonable topic or something amazing to be discussed on.

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My attention has always been on ways to secure something amazing for my life, I don't have time to keep gossiping about how the world is circle or spherical or how my neighbours are over succeeding. The only gossip I enjoyed doing is to see if I am succeeding or not. I am always after my life and how to move it forward. I am so surprised that people have time to always gossip about things not even important, well I am not moved by that, it really seems they have time for such. Since they have time for it they should do what really pleases them.

Deviating from such talks, my attention was drawn to somebody I read his post who was talking about Non Fungible token (NFT). He said he is just so confused on what he keeps seeing all the time that is pooping up day in day out. He is not having doubt on Non Fungible token but he is so confused that what he knows or hears about it is beginning to be sounding different. How can somebody said he sold a Jpeg object like stones and said he sold it for $2000. I have also come across one that was sold for some big amount of dollar, I have forgotten. It was just toilet. I was just wondering what happened. Is it that people are now buying something without use case or is there something I am not knowing about when being talked about this Non Fungible token stuff. I just have to get myself educated more so I did my own research.

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The popular thing we are seeing about Non Fungible token is the same thing we are seeing when it comes to cryptoccurrency at large. Not every project will follow up the stanza, you can see a good cryptocurrency project suffering for years without gaining the adoption it deserves while shit coin will came from no where and be making people rich. I will say that it is normal and I won't use that to refer to all or every other thing coming from cryptocurrency as scam because you are so confused about the concept. You just have to know what you are doing in this space and you won't be carried away by anything you just come across.

I have used my post to talk about what Non Fungible token is and how I have been a partaker of it. Many have good use case while some will end up being like some cryptocurrency project with no good direction. With what I am seeing I pray it doesn't gets to the stage where the hype will dies off and everybody will be wondering what they have been promoting.

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As per my own story on what to say regarding if Non Fungible token is overrated or underrated I will say that I am standing on my own ground that there is nothing bad with the Non Fungible token mindset, it is just the way that we are promoting it that is making it looks like that. I came across a great project during the early period of Non Fungible token and they have their own Non Fungible token which is still running up till date but they make it have a good use case by deploying it into a game. You don't just earn millions there, you have to keep playing the game to be earning the token. Once you have the Non Fungible token, there is every criteria that you can take part in the game. From such aspect you can see that they create a use case for the Non Fungible token by making sure that for the token to be earned or owned by you, you will need to own the Non Fungible token which we were referring to as pet back then. The game was so amazing and many of us got burnt along the line following the excessive rise in gas fee and all that in the Ethereum blockchain.

From such you can see that the meaning of Non Fungible token was really put into good use not just surfacing pictures of stones, toilet, books and all sort of things surfing the internet all in the name of Non Fungible token.

Conclusion

From the above you can see that I have explained the little I know about Non Fungible token and I will not rush to say that it is underrated or overrated. The bottom line should be that you should do your own findings and buy what you think you have knowledge about, don't go and buy a Jpeg document because it was tagged Non Fungible token. Make sure there is a use case attached to it before you do so. Simply put have knowledge of what you are investing into before doing so. I just hope this get us clarified about what Non Fungible token should look like. Thanks

           Tfame3865  
            signed out 

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Greetings @tfame3865, it is a reality that NFTs are revolutionizing the blockchain market, as many famous people, with money, or big investors, are placing a lot of money in them, as they represent unique collections, that when you acquire them you become owner of that piece, I recently read about a NFT token that they digitized in honor of basketball star Lebron James, the unique token representative of one of his most spectacular dunks was sold for $208. 000, it's really crazy what you see with the current NFT market.

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