nft games like mir4

 It’s like a ponzi scheme. There’s no pyramid of course but the early-adopters are depending on late-comers in order to make their money. Only if there is a large market of people willing to throw their money into NFTs can those who hold them sell them for profit.

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NFTs are a solution looking for a problem and so far nobody has found the problem. It isn’t “owning” a trivial jpg and it almost certainly isn’t having sole use of a video game skin. We can do both of those things much more simply and cheaply without a blockchain.

You’re basically claiming ownership of a specific very large number — one that was very difficult to calculate, and was calculated based on the numeric value of the data in the token and a series of previous calculations made by others.

In order for it to have any agreed value, other people have to verify and validate it — at which point they’ve also calculated the same number based on the same inputs… meaning your number is no longer unique. But since it’s logged across the network as being yours, that’s okay.

So now if you want, you can sell it. Not based on scarcity, of course, but based on the effort to make the original calculations. Even though as world computing power increases, that effort means less with every passing day. But it’s also based on the uniqueness of your token. And of course, no one could possibly reproduce and calculate a new number based on it. Except, no, wait…

NFT actually make sense. They are unique items. Think of them as limited edition base ball cards, rare coins, or art. Personally to me I couldn't imagine paying that much for one but I can't imagine buying a very expensive baseball card, coin, or piece of art.

The problem now with NFTs is simply the market is over valued and it's not clear that NFTs is a fad that will last long term. Humans have a history of investing is things simply because they are rapidly increasing in value depsite the things not any inherent value. This is going to happen with NFTs as well it's the classic speculative bubble

Is NFT (Non-Fungible Token) crypto just a luck game?

If you are talking about whether you can make a profit out of NFT then yes, currently, it is very much just a luck game.

Of course, a lot of people will bandy about words such as “scam”, “Ponzi”, “Pyramid”, “Greater Fool Theory”, etc just like they do with any new technology that they don’t understand.

However, it is premature to dismiss NFTs like this. It is still early days and we don’t know how the design and use of NFTs will evolve. It is more likely that some versions will end up having very legitimate uses. The “dot com” bubble burst taking a lot of peoples’ money with it. That doesn’t mean that on line businesses are a scam. The legitimate uses came about precisely because so many people were willing to invest in dot com businesses.