American YouTuber ‘Sodapoppin’ talked about his stand on NFTs and cryptocurrency. Moreover, the influencer mentioned that people are investing in NFTs just for popularity and not because they have any interest in the technology.
Is Sodapoppin right?
To begin, Sodapoppin thinks people are so engrossed in NFT promotions that they make cryptocurrency as the basis of their online identity.
Moving along, the streamer also released a video on September 8 to explain his concerns. Where he talked about NFTs being overrated or getting purchased at absurd prices. He went on to describe NFT pricing as ‘ridiculous’. Additionally, he said that people are investing in NFTs to just gain followers or to get verified on Twitter.
Although, Sodapoppin is not totally against cryptocurrency and its benefits. Given that, the YouTuber has educated his 1 million followers about NFTs in his previous videos. Here, he also explained the various benefits of blockchain technology.
Meanwhile, Sodapoppin isn’t the only streamer questioning the existence of NFTs. Previously, fellow Twitch star – Asmongold also criticized NFTs and said, “Am I the only one who finds people scrambling to spend thousands of dollars on a picture of a monkey ridiculous?”
On the contrary, the NFT space is witnessing the launch of numerous NFTs with utility each day. Along with benefits, several NFT projects are dedicated to charities and non-profits. Furthermore, the NFT market has already generated over $23 billion in trading volume this year. So, we can easily conclude that the NFT community has grown exponentially despite receiving a few criticisms.
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This article is educational material.
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