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RE: NFT's Are Heating Up! What are they and what crypto will benefit?

in LeoFinance3 years ago

The NFTs on hive aren't doing all that bad imo. It's going to take time to grow an ecosystem like ETH has, but I think we can do it. One of the biggest problems I've seen on HIVE is it seems like more whales cash out or horde tokens instead of splashing them around the ecosystem. Then again I suppose the insane inflation pool might explain some of that.

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Exactly still very early stages for NFTs and many don't yet understand them etc. And agree there is for sure centralization on Hive. But it's honestly no different then the centralization of Bitcoin where 62% of bitcoins are held up in the top 16,000 wallets. Hive is just a smaller scale of that. Won't ever truly be decentralized till everyone gets involved with a new coin launch or evenly distributed at launch to billions. I don't see that ever happening though.