NFT Dapp is like a hub for the Creators, builders, and collectors. NFT got a big hype in 2021 after that time we saw a decrease in the NFT hype and Reduced trading volume but still, there is a community of NFT there are artists developers, and NFT enthusiasts who still giving live to an NFT segment
These people are contributing to the NFT which is why we cannot say that NFT is dead but it's just lost the hype. These apps enable various activities including selling, buying, & creation of the NFTs. not only this but their integration into gaming and other applications. So this is the main work of the NFT dapp. Opensea is the best example of NFT Dapp. NFT is not used by photo artist only but it is the most used in the gaming segment you can see in blockchain gaming where almost 90% of games use NFT for their gaming.
We have splinterlands and rising star games that use NFT and also reward users with NFT and these gaming NFTs are very important because they have use cases compared to the art NFTs. Artwork NFT is a digital form of any artwork so you can just see and store this type of digital artwork in the case of gaming NFT you can see use in gaming so NFT has an important role in gaming so that is why gaming NFT is more important.
So it has a great use case in the gaming segment and this type of gaming platform uses its own market for NFT buy-sell. But when it comes to art-based NFTs there are various platforms available for that and open-sea is the leader here. NFT is also useful for virtual and real estate fields and many more use cases will come of the NFT so that is why nft has a future now when it comes to web 3 gaming is still getting that much exposure like web 2 gaming so when this industry will grow then definitely NFT will grow.
Because NFT is a unique thing in the future we will see lots of things develop and come here. Similarly, we can see with the metaverse segment That has no hype right now but there was a time when metaverse had hype, slowly we can see that people are not talking more about this thing but that does not mean metaverse will not come into the mainstream. NFT is connected with cryptocurrency and metaverse so in the end NFT segment has a value.
So what are your thoughts on this particular topic you should let me know in the comments section because this is a debatable topic. Also, share this post on different social media platforms you want. Take care, sweethearts. Thank you and Now Faiz Makrani signing off. Meet you in my next blog.
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