Early Adopters - NFT - Crypto - Interesting projects.

[Adam H]

Once ETH fixes gas fee's the dynamics will change for the lesser coins, I do beleive ETH will be the backbone for the majority of the technology based cryto, BTC will remain a store of value and potentially a monitary asset esspecially with the likes of Crypto.com's payment card and other providers doing their own versions in the future.

That said, I've got a very diverse portfolio with different risk levels, time scale expectations etc. I'm not massively into NFT's , Meta projects I like and have put some investment into a few projects. I'm more interested in IDO's and staking where viable, again will be different once ETH gas fee's are sorted.

For me, it all depends how this cycle is going to play out. SOL, AVAX, DOT, MATIC, eGLD, ADA, VET, LINK, HBAR, XRP all worth having a bag of in my opionion.

 

[WalkinDude]

Just thinking aloud.

NFT makes sense. There's an obvious need to make digital art, unique digital artefacts tradable. I get that.

Crypto is an effort to defeat the Worlds Governments and Central Banks. If it isn't taxable then what is it worth? Given Taxes are used to create value or at least the basis for it. For Crypto to have have global utility it would have to have all the benefits the current system has but just be faster and cheaper to run. Open, taxable, trackable, trusted investigatable, ubiquitous.

Virtual Meta worlds are an attempt to take on BIG tech which is proven possible because the current batch of BIG Tech took on and won against their predecessors. The difference now is this batch of BIG Tech have trillions of dollars to wipe out any competition that comes their way or buy it up. Any meta world which expects to have value would need billions of people to participate, spend money and time on it, and guess my question would be in return for what? The meta world exists, it's something anyone should be able to launch on at any time for any reason which is how the internet works. Fair enough Internet isn't 3d yet but that's a technical issue. We are being offered an alternative, something a private group creates and from that point on you are stuck within their 'matrix', their rules, their talents and abilities determine your meta future. Assuming Earth2 isn't just some clever new pyramid scheme, what's the stop FB etc from just simply copying it. The top Tech Giants FB, Microsoft, Twitter et all all had something in common. Immediate viability. Simple, obvious, signup and utility happens straight away. There wasn't join as
and 'at some point in the future this an that will happen.

Other feature was the services were all free. Nothing to pay, just put up with the ads. Are we saying a technology exists that has defeated these basic principles, that have remained undefeated for over a 1000 years? Every shop, market, website, market stall, always lets you walk in for free then they try and make you spend some money. Why would a service that says pay to get in the door then keep paying [similar to bars, nightclubs], be seen in any way as an evolution on reality?

The meta verse or at least this new version of it will be a function of all of us built up over time surely? The idea is too complex for a bunch of people to come along and say we alone have it figured out.

 

[cc976a]

Do NFT's actually make sense? Unique digital artefacts are already tradable. Copy/Paste.

Bearing in mind that when you buy an NFT, you don't actually own the 'thing' you're buying. You're simply buying a token that's linked to it.

It's all 'made up' ownership and value. Which I do understand can hold value in itself but I feel it's all built on 'making easy money' at the moment and nothing else.

I think they make sense, and I do think the NFT space is here for the long term. It's like the .com rush of the late 90s. It will change a lot. 99% of NFT launches now will become worthless in 6 months or less granted, you can see it now with up to 30 launches a day trying to sell 10k NFTs at $300+$200 gas fees even before you know what you're getting. It will evolve, change and develop but will be here to stay.

With the ETH changes planned for 2022 and 2023 it should not only tackle the ridiculously high gas fees but also lower the technical barrier of entry in to the NFT world. Its estimated 500k people own an NFT and are involved in the market space. Its a tiny number but it will grow.

I'm interested to see what SOL does in this space. It doesn't have the traction right now despite much lower fees.

ETH is the one that will see largest % growths, particularly with its current traction and position, and plans for the next 18 months. BTC will continue along its path. Interested to see where HNT goes too.

 

[dee]

I think they make sense, and I do think the NFT space is here for the long term. It's like the .com rush of the late 90s. It will change a lot. 99% of NFT launches now will become worthless in 6 months or less granted, you can see it now with up to 30 launches a day trying to sell 10k NFTs at $300+$200 gas fees even before you know what you're getting. It will evolve, change and develop but will be here to stay.

With the ETH changes planned for 2022 and 2023 it should not only tackle the ridiculously high gas fees but also lower the technical barrier of entry in to the NFT world. Its estimated 500k people own an NFT and are involved in the market space. Its a tiny number but it will grow.

I'm interested to see what SOL does in this space. It doesn't have the traction right now despite much lower fees.

ETH is the one that will see largest % growths, particularly with its current traction and position, and plans for the next 18 months. BTC will continue along its path. Interested to see where HNT goes too.

I'm still undecided about the current state of NFT world. Unlike the real use blockchain stuff going on there does seem to be a bit of the emperor's new clothes about a lot of it. I had a look at open sea.... the fees alone just to get started are ridonkulous. When you have DJ's stopping sets to show the crowd the 800,000 dollar squiggle he's just bought you know its gone a bit mental.

Sol seems like its poised to do well. HNT I think is just getting started. Its about to start allowing 5G to use the network as a backhaul, basically allowing anyone to set up a 5G local hotspot. Potentially huge.

 

[ukbackorder]

Heh think of the hacking you can do with people using your hotspot

 

[dee]

Heh think of the hacking you can do with people using your hotspot

I guess ! It's all enterprise grade stuff. FreedomFi hardware about to kick off in the states.

https://freedomfi.com/

 

[webber]

Long but interesting reading:
https://moxie.org/2022/01/07/web3-first-impressions.html

 

[m4c]

Great thread
- I know I’m late to the party - but aren’t domains the original NFTs?
And we’ve all seen how the prices have jumped around over the years - and these are assets that also have a real, tangible value too…

I reckon it’s going to be the same in the current NFT space - it will all be about the name behind it - just like a scrappy pencil sketch can be worth 10k IF it was done my Picasso. :

 

[webber]

aren’t domains the original NFTs?

No. It would be like saying phone numbers are like graffiti

 

[dee]

I know its been a while on this, but update on Earth2 that I had mentioned. Here's a video of the start of the render engine. They now have a great dev team.... big user base and roadmap for crypto/NFT and eco sim etc. Crypto whales are starting to show up for instance someone dropped $80k on tiles just last night. All starting to look good.

https://earth2.io/news/devlog1update

I'm still regularly buying in and do believe it's got a decent run at doing very well if they keep on as is. Albeit slower that a few of the others, the potential is massive.

If you use code"voucher" you also get a 7.5% discount if anyone interested.

ANyone seen anything else interesting lately ?

 

[diablo]

Trump goes NFT!

http://collecttrumpcards.com/

All 45,000 sold out!

 

[dee]

Trump goes NFT!

http://collecttrumpcards.com/

All sold out!

Good lord.... are they all bright orange ?

 

[diablo]

Good lord.... are they all bright orange ?

Hard to believe it's not a spoof. But we live in strange times.

 

[dee]

Hard to believe it's not a spoof. But we live in strange times.

And none stranger than the orange buffoon

 

[dee]

Personally, I think it's a good business move. He's savvy, there's not denying that. He has perhaps missed the golden era of NFT's though, should have launched it when he was banned on Twitter.

He is savvy. And to think he got where he is with mere 60 million dollar loan from his dad. Must have been tough road to the top lol !!

 

[Systreg]

not that she would have been around for long once the £60m was in my hands.

That leaves questions, do you mean she would have ran with the money, or, you would have killed her?

 

[dee]

I could give you £60m if I had it, would you be able to turn it into a billion? He’s savvy, can’t deny that. He also has some good things to say, through all of the questionable things he says

Totally game to try ! Ill Dm account deets.

Appreciate i'm being caustic.... just can't stand the absolute unsalted cabbage of a human being. He gives narcissism a bad name.

I did read somewhere that actually he would have made more money if he'd invested the original sum in an average fund and played on nintendo all day. That could be an urban myth though set up by the media who lie all the time apparently

 

[diablo]

You don't need to be savvy to make billions. You just need...

Available now via my affiliate link:

https://amzn.to/3V3DzJK

Great for attracting Melania Robots too apparently.

 

[dee]

lol..... that is actually a thing !!!! You can almost see the advert:

"Don't you know who I think I am ? Smell like the best smells. I know all about the best smells i can tell you "

Cuts to tagline on screen

- Smell like a trump.

 

[diablo]

Joking aside, pretty disappointed with some of you Acorners. Twelve clicks, but only three purchases. Some of you don't deserve to be billionaires.