The only way for NFTs to succeed going forwards
Sergio Zaciu
4 replies
Remember when Obamacare was renamed The Affordable Care Act so as not to alienate Republicans who were fundamentally opposed to the name?
I think NFTs are in a similar situation. The name has been mocked and defamed (from South Park to every Late Night host making light of it); and justifiably so, the hype is way too overblown for the current application of the tech.
My guess is that one day when a company figures out how to use NFTs properly, they won't even be called NFTs anymore. It'll be the same technology, with a brand new skin, so that nobody scoffs when they hear that the new hot app is an NFT product.
Agree? Disagree? I'm not an expert in the field: These are just my gut feelings looking at the trend from a marketing perspective.
Replies
Ezzat Suhaime@ezzat
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Really good thoughts. Keep them coming!
I agree with you. It’s kind of like CDOs and bespoke tranche opportunity —> at least that’s what i got from watching The Big Short.
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Skill Focus
I completely agree. But now it's hype and good marketing instrument. We wanted to make an NFT collection with Skill Focus employees for today's launch on PH to attract attentions.
Gameta
if nft can be used as a sticker
Both the creator and the sharer will receive value
From a marketing perspective
Emotions have a natural communication scene
1.Expressing Emotions
2.Being shared
3.Then create value
I agree. We have a funny way of changing our feelings about things based on who introduces them to us and how. I think it will happen in the music industry first at scale