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RE: Daily Crypto Markets Live Blog: The World of NFTs (09/17/21)

What will 2023 be?

I think NFTs really are just getting started. This is nothing compared to what it will be.

Much of what I see out there is hype and ready for a crash. There is going to be a lot of money lost.

However, the gaming NFTs stand a great chance of being successful because there is a use for them. Yes collectibles have value yet we have not had any really price discovery yet.

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Much of what I see out there is hype and ready for a crash. There is going to be a lot of money lost.

That is true. It's essential for everyone to understand and know that only a few opportunities are worth getting into. Tread carefully.

gaming NFTs stand a great chance of being successful because there is a use for them.

100%. That is why they get sold the most on any open market. Ther is a platform called NFTfi, where you can get NFT collateralized loans. I even wrote a post about it. Put your NFT as collateral and get ETH or DAI as a loan. Fail to repay? Your NFT goes to the lender.

I think 2022 will be about more of such use cases around NFTs. NFTxDeFi and GameFi - bright future ahead. Would be very interesting to see what's next they come up with.

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