NFTs might be great technology but they’re still overhyped.
“Art” NFTs are definitely overhyped and they are also a bubble about to burst.
Other use-cases like Music NFTs, Ticketing NFTs are good ideas but are they more efficient?
What are Music NFTs going to really be?
Tickets as NFTs might be great because they allow you to:
1) Resell it if you can’t attend.
2) Have a nice memorabilia.
You can still have the physical ticket for memorabilia and can resell the tickets.
I agree that moving tickets to NFTs would be more efficient but just barely, it’s not worth the hype.
I personally think there should be more hype to DeFI, being able to get way better interests than centralized banks.
There so much more to crypto and blockchain technology than just a currency and NFTs.
submitted by /u/Innit4theTech
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