Will NFTs without utility survive the bear market?

[Anonymous No.50606661]

Most NFTs are ordinary JPEG, I wonder if those without feasible Utility will survive the bear market, what do you think?

[Anonymous No.50606740]

>>50606661
Anon, all these NFTs are sellable by hypes, they have nothing to offer

[Anonymous No.50606842]

>>50606661
All NFTs will eventually die out, piece of crap tech.

[Anonymous No.50606849]

>>50606740
Only retards will listen to hypes at this time.

[Anonymous No.50606995]

>>50606661
>Most NFTs are ordinary JPEG
You cant attend any of the bored ape parties without the "ordinary jpegs"

[Anonymous No.50607004]

>>50606842
Yeah sure, The stars will also die one day, but you will die before them.

[Anonymous No.50607006]

>>50606849
Some motherfuckers are still buying hypes anon FOMO is inevitable

[Anonymous No.50607016]

>>50606849
I listen to Trump, I can listen to anything.

[Anonymous No.50607018]

>>50606995
Is that a use case?
What's the party for?
Apart from the party, what else can the fucking hyped NFT be used for?

[Anonymous No.50607046]

>>50607006
That's why they will die poor, they are the ones that head the FUD with any little dip.

[Anonymous No.50607069]

>>50607018
I think the point here is you can't attend the party without the NFTs.

[Anonymous No.50607099]

>>50607069
What else can the bored Ape be used for?
If nothing, it's basically sellable by hype

[Anonymous No.50607270]

>>50607099
Yeah, though some NFTs are beginning to get use cases, some countries are working on integrating it into their voting system.

[Anonymous No.50607371]

>>50607270
With NFTs?
That will be a good way to curb election rigging
But which government are doing this, atm?

[Anonymous No.50607405]

>>50606842
There are actually good NFTs with Utilities. The useless jpegs are in high numbers though.

[Anonymous No.50607414]

>>50607270
Yea, some NFTs are gaining utilities, some projects are using NFTs to create global IMEI blacklist

[Anonymous No.50607544]

>>50607414
And who needs that piece of shit?

[Anonymous No.50607550]

>>50607405
Most NFTs are just a piece of crap.

[Anonymous No.50607566]

>>50606661
"A sucker is born every minute"
"Never give a sucker an even break"
-PT Barnum

PT Barnum would've loved NFTs

[Anonymous No.50607581]

>>50607371
Sierra Leone was the first to do blockchain voting, Google is not for just porn anon.

[Anonymous No.50607589]

>>50606995
This is great use case for NFTs because it's puts all these moronic douche bags in one party so we don't have to associate with them.

[Anonymous No.50607602]

>>50607550
Just focus on the few that are useful. Some are getting actual real-life utility. Always try to filter the noise.

[Anonymous No.50607609]

hahaha get fucked crypto brooooos
your cringe APES and PUNKS are trash! pure jpegs!!!

kek!

[Anonymous No.50607627]

>>50607006
Based. Fomo is real. Doesn't matter if the token has utility like xpress. But plebs will always prefer memes.

[Anonymous No.50607638]

>>50607414
What blacklist anon? They keep confusing jeets with words. Find something and stake anon. Your portfolio will thank you for it.

[Anonymous No.50607672]

>>50607638
You seem not to care about your wallets, if your phone got stolen, how do you retrieve your fucking data?

[Anonymous No.50607705]

>>50607589
Lmao. Those have first to launch privilege. What's happening to those coming up now? You can't defeat utility, especially ones you can earn from.

[Anonymous No.50607731]

>>50607672
You're a retarded pleb. Who keeps assets on their mobile? Go educate yourself on what you're capping. Better yet, stake cake and xpress and redeem yourself.

[Anonymous No.50607744]

>>50606661
There is no liquidity , i have wasted my 10 eth in those jpegs and they are ugly

[Anonymous No.50607762]

>>50606995
The human civilisation need to become apes again to party, how sick is that, I think Charles darwin will feel confident about them

[Anonymous No.50607790]

>>50606842
did they even pump barring some few ones, million of them are lying un sold or just stuck

[Anonymous No.50607817]

>>50607731
the cake used to offer juicy apy before and now it is becoming shitty.

[Anonymous No.50607860]

>>50607589

[Anonymous No.50607885]

>>50607672
I go to the Apple office and they blacklist it. Quite straight foward.

[Anonymous No.50607919]

>>50607705
>first to launch privilege
That is the only reason why BTC is still the biggest. It's a real thing.

[Anonymous No.50607926]

>>50606661
Yeah some will but 99% of NFTs are dead in the water completely at the time they launch. "Utility" is a buzzword and canard used to sell them to absolute retards who think that the way to make money is to buy an nft with "utility" and then collect that "utility" later and somehow make money. That's what the whole business is marketed around now after the success of BAYC. Utility in NFTs is a red herring though. All the good NFTs are just what whales are into. Punks for example have no utility.

Name a single NFT with "utility" that was marketed as having "utility" where you could have made money minting it. It doesn't exist unless you win some botted premint lottery or grind 1000 invites to some scam. The days of easy money in NFTs are largely over. Now it is harder than making money in regular crypto and "utility" is the left curve marketing hype word.

[Anonymous No.50607968]

>>50607731
Where do you keep assets? On marbles like in the days of old? You are only retard if you don't know a very good percentage of people who keep their data on mobile.

[Anonymous No.50607985]

>>50607705
This space is pretty early.

[Anonymous No.50608052]

>>50606661

Well not all NFTs are JPEGs, I am waiting for the utility NFTs on Phantasma Chain and in the Wonderman Nation Play to earn game

[Anonymous No.50608114]

>>50607885
Look at the stress you undergo via a centralized blacklist, when you can use a decentralized means to secure your blacklist, besides, Apple blacklist is within you country, not global.
Think from your fucking head anon
>>50607731
Where do you carry out your fucking staking, isn't it in your fucking phone or wireless device?

[Anonymous No.50608132]

>>50607985
Yea, a lot of opportunities are yet to come

[Anonymous No.50608142]

>>50607609
But they are worth some good bucks. You need to take advantage of the opportunities. Some of your so called assets are trash just like NFTs.

[Anonymous No.50608324]

>>50607544
The available blacklisting systems are regional dumbass, a global one will be a good improvement.

[Anonymous No.50608346]

>>50607885
In only your region, It will be sold and used without interruption in another region

[Anonymous No.50608366]

>>50607926
So what happens to my NFT collection?

[Anonymous No.50608457]

>>50608366
You are getting doomed right now, This is what will happen , your girl will leave you and you will have nothing to eat and fuck

[Anonymous No.50608501]

>>50607414
This must be lox, I think they are coming up with another airdrop soon, saw in xrp magazine

[Anonymous No.50608541]

>>50608501
I thought they were working on mobile theft, still wondering why they choose xrp ledger gas fee

[Anonymous No.50608572]

>>50606661
The only best utility is that you gave work to unemployed jeets , that's is it, who used their kids to draw something stupid for millions of dollars

[Anonymous No.50608587]

>>50608501
I heard about this when the Hurrian network was airdropped

[Anonymous No.50608592]

>using VR to advertise NFTs

lmao, normies hate both of them

[Anonymous No.50608609]

>>50607885
This is why they are being sold in the third world anon.

[Anonymous No.50608638]

>>50607602
Obviously, but the most of them are fucking useless

[Anonymous No.50608639]

>>50606661
This is just why I fucking hate nfts and their monkey club, bought eth and got laid. I don't attend the parties with homo

[Anonymous No.50608652]

>>50606661
If your NFTs are just mere JPEGs without utilities or use cases, forget it. They are worthless and the bear wind has wiped out their value already.

[Anonymous No.50608660]

>>50606661
LMAO, that solves nothing really. NFTs are useless. Still has the same Oracle problem described in the video, you need to TRUST external entities to the blockchain.

You are just trying so hard to make it valuable. NTFs is just a way to make money, like any other cryptocurrency stuff, period. People who brags "I am here for the tech" are just naive and out of touch with how real stuff works.
>>50607414

[Anonymous No.50608675]

>>50606661
NFTs earn money through the greater fool theory. Once u can’t find a greater fool who is willing to fork out more money to buy it, ur essentially screwed

[Anonymous No.50608722]

>>50608675
You are screwed but it's the price you pay for a very valuable lesson - you are the greatest fool. Now you can apply this knowledge to your future, for example, you can entrust smarter people than you to do decisions for you. FYI, keep your phones away from these Mumbai boys. Once stolen, the centralized blacklist can't help you to recover it.

[Anonymous No.50608752]

>>50608675
illiquid AF and you might just be the last person holding it.

[Anonymous No.50608842]

>>50608638
People won't understand NFTs for a while because most people don't fully comprehend their potential and that is fine. They are slowly growing in use anyway and will be used to tokenize basically everything on this planet, not just tickets or clothing, but housing, cars... the list goes on.

People think an NFT = an overpriced picture on the internet, even a lot of people who are into crypto currency, but that is fine because the technology speaks for itself.

[Anonymous No.50608864]

>>50607926
stepN and PartyFi are NFT's with utility for an example. But you can just keep being retarded.

[Anonymous No.50608871]

>>50606661
Without utility, no.
The JPEG's were simply to familiarize people with the concept of NFTs.
Next step is Soulbound tokens
https://nftnow.com/guides/soulbound-tokens-sbts-meet-the-tokens-that-may-change-your-life/

[Anonymous No.50608921]

>>50608871
SBTs are non-transferable identity and reputation tokens. They allow individuals to verify all of their information — their education, work history, credit score, medical history, professional certifications, etc. — using blockchain technologies.
>Some argue that SBTs are a more streamlined and trustworthy way of verifying information. Others compare it to China’s authoritarian social credit system.
You just know this is the future. At least something like this.
Don't bound your soul to a NFT on the blockchain bros

[Anonymous No.50608947]

>>50608675
You’re literally describing 90% of cryptos too.

[Anonymous No.50608959]

>>50608871
Money Skelly is trying enslave you into the new decentralized aka globalized system. It's fucken over bros.

[Anonymous No.50608996]

>>50608652
He is just being negative and ignorant. There is a whole lot to be done with NFTs, like tracking lost devices via the Lox network's use of SmartNFT or the purchase of in-game packs to improve gamers' experience. Allow him to die poor.

[Anonymous No.50609039]

>>50608587
How's the Hurrian Network kicking on? Is the blockchain project still pushing to revolutionize the music industry?

[Anonymous No.50609098]

>>50608722
Do people get robbed of their phones anymore?

[Anonymous No.50609120]

>>50608996
Some people are going to die poor because of ignorance. Willing to know how's that going on with the SmartNFT project

[Anonymous No.50609183]

>>50609098
This is an everyday phenomenon. It happens everyday to mobile device users. The next big target is to provide solution in blockchain-wise to this menace. Few projects are providing that

[Anonymous No.50609231]

>>50607414
This is a massive use case then. Will be beneficial to know how these niggas are dealing with the IMEI blacklist

[Anonymous No.50609307]

>>50608660
You're a moron for thinking that NFTs are useless. You should have said most of the NFTs are useless - makes sense fairly I can easily agree with you. But not all. You can't tell me an NFT product like SmartLOX is useless, unless, perhaps, you have zero knowledge of what that is, pleb.

[Anonymous No.50609368]

>>50608871
>Newfag detected here. Be careful, plebthren.

[Anonymous No.50609413]

>>50609098
It still happens of course, but it's become a lot rarer since the introduction of IMEI blacklisting. A phone reported as stolen will be blocked from service by all carriers and it takes quite a bit of effort to get around, more than the average thief is willing to exert.

[Anonymous No.50609425]

>>50608921
This is something very similar to what NFTs do.

[Anonymous No.50609444]

>>50609098
Yes. Criminals aren’t the smartest of people.

[Anonymous No.50609515]

>>50608921
By this do you mean that they have proof of authority features? I find some of the information here quite similar to Lox Network's proof of Authority blockchain.

[Anonymous No.50609588]

>>50609425
Similar but not the same.
>>50609368
kek sure rabbi ;)

[Anonymous No.50609619]

>>50609515
>lox
kek

[Anonymous No.50609638]

>>50608660
Not all NFTs are useless I repeat, if you have ever misplaced your phone leading to you misplacing your information and data, you will value the effect of a global IMEI blacklist, as such, I don't wish you to fall a victim, it's an omen

[Anonymous No.50609662]

>>50609098
What world do you live in? Your data is what criminals actually target and not just the mobile device.

[Anonymous No.50609695]

>>50609444
I think you would be surprised. Especially when crime is organised. The people grabbing phones, is not the same people reseting/wiping and using software to make the phone sellable.

Once it is sold they quickly remove any connection to this sale, because it is with most modern phones possible to check. Its a physical hardware thing in Samsung. This is the quickest way to money. But it is possible with more effort to replace this.

It's just money down a hierarchy. Grabbing phones is easy money because it is literally so easy to do, and remove from themselves very quickly. People who steal phones, don't get a lot in return, but more than other ways often

[Anonymous No.50609754]

>>50609662
Yea, but the fact they will almost always be locked and blacklisted later make it less often but a global blacklist will relegate those morons back into their holes.

[Anonymous No.50609836]

>>50609619
Most low caps are currently underwater retard. Keep chasing green dildos like a moron until you get rekt.

[Anonymous No.50609892]

>>50608501
Share more details for the airdrop hunters here.

[Anonymous No.50610002]

>>50609231
They use a customizable NFT to secure your data by encrypting your IMEI with your personal detail, such that nobody can erase the IMEI globally, and no one can access your device as such

[Anonymous No.50610222]

>>50606661
ENS domains actually do have utility, but /biz/ preferred sleeping on them. Those who know, know.

[Anonymous No.50610821]

>>50606661
>Most NFTs are ordinary JPEG
That's retarded. Have you seen the utilities-based NFTs introduced in sports? It's way more than Jpegs

[Anonymous No.50610860]

>>50606740
That's a very limited perspective.

[Anonymous No.50610896]

>>50609638
>Not all NFTs are useless I repeat
Plus one on this. There are cases where NFT provides exclusive access to certain benefits such as connecting fandom to their favorite sports. It's being explored big time these days

[Anonymous No.50610932]

>>50609619
Tell me any project that is not -80% from the previous ATH
You can be one-sided, isn't BTC who is father of all coins currently -66% from the ATH?

Well, I'm in for the long term and not planning selling soon, instead, I'll keep stacking more LOX via defi staking

[Anonymous No.50611323]

>>50609836
It's the bear. We all known how it works

[Anonymous No.50611372]

>>50606842
Same way several dumb faggots said all metaverse will die out. Now, many of them are kicking ass, with top brands investing big time in them

[Anonymous No.50611904]

The gaming and sporting sector seem to making the most out of NFT and the metaverse. I don't think it's a waste considering the endless possibilities built around it

[Anonymous No.50613230]

>>50610821
Lukaku's NFT collection is more engaging I guess.

[Anonymous No.50613676]

>>50606740
Kek, NFTs have a whole lot to offer. The ones on sports metaverse gives users access to top sports events and zoom chats with athletes.

[Anonymous No.50613811]

>>50610932
Staking is a good one. LOX is one of the alts I stake on Bitrue. The rewards there are good.

[Anonymous No.50613873]

>>50611323
Just have the right alts, stake them, and stay comfy.

[Anonymous No.50614532]

>>50613811
Getting 80% APY during this bear market is one thing that excites me the most

[Anonymous No.50614635]

Art NFTs are the best sector

[Anonymous No.50614780]

>>50614635
What's their use cases anon, or is it just a hyped NFT?

[Anonymous No.50614798]

>>50614532
That's a good incentive for long-term HODL. YGMI.

[Anonymous No.50615265]

>>50607018
nft's give you access to a party full of idiots with huge amounts of cash to throw at things they like

[Anonymous No.50615435]

>>50606661
Hollywood wants to kill music and art NFTs because then they would be worthless
A lot of Hollywood is just providing capital and connections for investments.
You can't even buy a fee-free ticket anymore for concerts that would sell out before you could even go to the box office
>>50606740
NFTs go on sale as sell concert tickets to circumvent fees charged by ticket processors
You could mint the tickets and have an idea of how many people are going with a hard limit at capacity.
As for me I only have game NFTs and have no money for music NFTs but I think its too early to invest in those and I would rather make money off of the one I do the most (Gooeys) and then move profits to music nfts

[Anonymous No.50615792]

>>50615435
>Hollywood wants to kill music and art NFTs because then they would be worthless
>A lot of Hollywood is just providing capital and connections for investments.

I totally disagree, aren't you aware that a popular Hollywood actor; Kevin Smith recently launched his movie; 'Kill Roy Was Here' minted as NFT.
This is hollywood coming into the space

[Anonymous No.50616617]

>>50615792
One way to kill the competition is to absorb it and eventually make it so you HAVE to use their service
Instead of buying it directly on opensea you have to get it through another service fee chain

[Anonymous No.50616621]

>>50615792
so the movie is an image that you save on the blockchain?

[Anonymous No.50617252]

>>50616621
Yes anon, you have to mint it before you can watch it, and only you have access to it

[Anonymous No.50617961]

>>50614780
I think only NFTs with relevant use cases would survive and I see the ones on sports metaverse being around for years for giving fans access to their favorite athletes.