What are the best NFT Predictions for 2022? Well, the truth is that many people are still betting on NFTs in 2022. Well-known personalities such as Jimmy Fallon, Stephen Curry, Shaquille O’Neal, Marshmello, and Post Malone, among others, have decided to buy them.
Leonardo Dicaprio NFT
NFT Predictions
NFTs rely on the existence of blockchain technology, which allows users to have unique digital objects and assign a specific value to them since they cannot be copied or distributed at scale like traditional digital objects (e.g an ebook).
Since it is a unique NFT object, it can be sold at whatever value its creator and those willing to pay for it deem appropriate. The problem is that this gives rise to speculation, and it becomes a fad.
This can lead to absurd things such as drawings or photos of socks and even tweets being valued as much as thousands of dollars. But with the pandemic having disrupted the global economy, NFTs are emerging as a new form of investment.
They are becoming a great way to exchange virtual objects in the virtual world. This will be crucial in the whole “revolution” of the metaverse that is currently brewing.
Nevertheless, they can become devalued since the value could be based on an impulse purchase, while behavioral economic factors such as scarcity may affect things too.
Despite those concerns, NFTs are likely to grow when more virtual platforms become available where these NFTs can be used or have direct symbolic meaning, such as a pair of Nike shoes to use in the meta-space platform, Roblox, or online games like LOL.
This will see a boom with platforms like Alpha and Decentraland allowing NFT holders to make complex decisions about the future of NFTs. With the Metaverse growing more popular, 2022 offers the chance to get in early on some projects.
NFTs To Watch
Silks – This is an NFT that allows the owners to be able to buy and trade through a series of racing horses that they can purchase in a market.
VeeFriends – The owners of such an NFT will be allowed to attend VeeCon, a business event held by billionaire and Youtube star Gary Vaynerchuk (GaryVee)
Lucky Block NFTs – These allow each individual owner to be entered automatically into a daily prize draw that could win them $10,000.
So there you have it, folks. Here are our best NFT predictions for 2022. Let us know your thoughts in the comments section below. And while you are at it, drop your email to get insights into your inbox.
