NFTs will only rise because they are a part of your identity

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What does this Jordan 5 Retro Fire Red have in common with NFts?


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I was lucky to receive a small amount of $SOS in the airdrop. I am not a huge NFT head but I have been dabbling in the scene whenever I get the chance to. But the hype that came along with the $SOS airdrop started making me question everything about the scene.

First and foremost, what is the future like? Initially, I was only thinking about the token. Should I hold? Should I sell? How much more would my portfolio have if I didn't spend ETH on right click save images?

But the biggest question I was left pondering on and on about was "What is NFT?"

A very simple and basic question that everyone should be asking. A question that could steer the near future for the very controversial cornerstone of Web3.


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Recently, Tory Lanez, a popular rapper reportedly sold a million copies of his new album as NFT. Within a minute he made a million US dollars. He has since deleted his exciting Instagram announcement. But you can still read about it in many online news sources including this one.

It is a new and budding concept of minting more than just photos and illustrations as art in the form of NFTs.

Recently a copy of Whitney Houston's unreleased music was also sold for a million US dollars. Also, a new platform for selling/minting hiphop music is making some headlines. Check out Cipher.

In a way, NFTs are completely remodeling the music industry. It is a striking challenge to the current system of control and ownership labels have over artists. A creator can now directly reach out to the audience, in a very wide fashion, without having to deal with the economical politics of the "bosses".


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Remember the boombox? Ah, good ol' days. I used to dream of buying a blaster to take it to our weekend sesh where we used to "break it down". Good ol' days...when I wasn't fat. The boombox was iconic.

Think of myspace. Or even VK for those who have used it. Meticulously filtering through thousands of songs to find the perfect fit. The precise song to play when someone entered your profile. A string of melodies to define who you are. To evoke the same feelings you think you transmit to those around you.

Coming back to the first question, what does a Retro J5 Fire Red have in common with NFTs?

Many people like the shoes for their look. Some like them for the technology. Some like them for the legacy connected to Michael Jordan. But it all comes down to one thing "status symbol".

The same with the boombox. It was a status symbol. The same with the music on your profile. It was a status symbol and part of your identity. Before you say nobody cares about a status symbol you should think very carefully. Everybody has a status, and everybody loves to have a symbol for it.

May it be a watch, a shirt, a tick mark next to their name. They are a huge part of a person's identity.

NFTs are the same. They are a part of an identity.

And for as far as I can see they will always play a significant role in defining someone's identity and being a status symbol.

May it be the most expensive ape, the biggest collage of memes, an mp3, or a gif. They are a symbol of status and contribute to the identity of the holder.

Very soon we will see NFT outfits to scale, and VR rooms or even worlds.

As long as something holds the power to appreciate a person's status, and better if that something becomes an icon of identity, it will rise in value and become more and more mainstream.



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18 comments
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Yes, NFT's keep coming up for me I need to get into them. Where would you recommend starting? I tried the Hive NFT but can't access it for some reason won't let me open an account?

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on hive, there are plenty of options and you don't have to create an account. You can use your current account and just login with either hive keychain or hivesigner.

There is nftshowroom, punksonhive, and dlux. Splinterlands, too. They are the best since they are cheap, fast, no gas fees just like anything on the blockchain. Only market fees...at best.

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Thanks, bud worked it out. Time to get buying. What to choose any recommendations?

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Personal preference. I am sure there is a system to make profits. But I have always bought what I liked. It's all up to you in the end.

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And for as far as I can see they will always play a significant role in defining someone's identity and being a status symbol.

Agree on this point, seems like NFTs become a status symbol. Some brag of having an "eye" on getting rares and having it sold at a higher price in the next few days or so.

As for me who is somehow a noob into NFT minting, I just hold whatever asset that I have not thinking about the value yet but fingers crossed that they will become a fortune in the future.

!PIZZA

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fingers crossed that they will become a fortune in the future.

You and I both!
I hold as many as I can. I sell whenever I feel like it.

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Identifying with an NFT project and its community is vital

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I know, I know! I know what those shoes and NFTS have in common!

Fucking retards like you like them both!!!

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What does this Jordan 5 Retro Fire Red have in common with NFts?

Like all the NFTs that I want to buy they simply go SOLD OUT! 🤣🤣🤣🤣🤣🤣

I like NFTs I do spend some money on them sometimes and fuck it as you say they are part of us now, people go mad for status!

One thing tho I want to say! NFTs are cool and all the celebrities jumping on the wagon are now doing so only because are desperate for money, and is funny to see that some of them flop badly now! Yes they did millions on their first drops but now the people are waking up and are not buying them celebrity silly NFTs no more !LOL

Cheers, dropped you a follow :)

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Celebs will jump on any popular bandwagon you are right! And their influencing power usually brings a lot of people with it. But just like any other fad, people are quick to catch up with the reality.
I am kinda glad that so many celebs came through. It really put NFTs on the map.

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