Are NFTs overhyped?

[gardentalk]

NFTs are everywhere these days. From digital arts and paintings to in-game items, there's an NFT for everyone. Some NFTs are selling for big bucks, even when they don't have any intrinsic value. There's a lot of hype surrounding NFTs lately, where companies are joining the Blockchain bandwagon in order to obtain a piece of the pie. At the end of the day, real use cases for the mainstream world matters. It's not about hype, but rather about usability. I just don't see any real value to NFTs other than serving as purely speculative instruments (like "meme" coins).

Do you think NFTs are overhyped? If not, why? Your input will be greatly appreciated. Thank you. Smiley

[CryptoboyRamesh]

Most probably they are. NFTs are being used so much even on normal tokens/coins that don't really apply the essence of the term. There are also games that are just normal games in general, but because it 'exists in the blockchain, it automatically falls under NFT.

There are some Flash-like games on the NFT space that IMO will eventually lead to a rugpull. They are so overhyped and the token's price is insanely unreasonable for a game that is just like dice since you are just banking on the odds that are given to you by the game, and that it's just a coin toss in essence.