NFT: My 2 Cents

Hitesh Pattanayak
1 min readApr 5, 2022

Is NFT a passing fad or a real investment opportunity?

At the moment I can’t see a clear picture.
But it does solve 1 very relevant issue.

I believe till this world exists people are gonna play games no matter what. There will be gamers, competitions around it, madness to reach the top, etc.

We might have noticed people splurge a lot to get a nice weapon, cool looking outfit, some great vehicle skin, etc.

What if they get bored of the purchase they made?
Buy a new one!
Then what happens to the old one!

Can they sell it? Maybe they can exchange them in some gaming apps but is it possible to get the money back! As in actual money.. in your bank account.

Answer is no.

So NFTs solve this problem.
The aforementioned cool gaming stuffs are actually stored in some blockchain address outside of the gaming application. So their ownership is transferable.
And since NFTs are non fungible, they cannot be counterfeited.

Gaming NFTs certainly have a future.

At the moment of writing this short article, Zionverse is coming up with Trimurti NFT very soon.

Their Lakshmi NFT last year was a resounding success.

Thoughts!!

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Hitesh Pattanayak

Senior Product Engineer @ Infracloud Technologies | 7 years of experience | Polyglot | Backend Developer | Kubernetes and AWS practitioner | Finance Enthusiast