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Fri, 13 Jan

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Kabupaten Badung

THE KICKSTART NFT 2023

Mini Exhibition & Lite Talkshow

THE KICKSTART NFT 2023
THE KICKSTART NFT 2023

Time & Location

13 Jan 2023, 4:30 pm SGT – 14 Jan 2023, 6:30 pm SGT

Kabupaten Badung, Jl. Raya Legian No.99, Legian, Kec. Kuta, Kabupaten Badung, Bali 80361, Indonesia

About the event

The struggle of NFT in the pandemic year is the phase where NFTs become prima donnas in the crypto ecosystem environment around the world. Marked by the explosion of many blue- chip NFTs in the Profile Picture NFT (PFP NFT) type which is widely demanded by famous creators and new creators.

The adoption rate of NFTs from marketplaces like OpenSea is starting to increase. The wave of adoption from influential figures such as celebrities and also collaborations from creators with celebrities has increased the interest of the public innft ownership.

The pandemic that has hit the world has limited all activities of the world's citizens. And earning income is forced to be done from home. NFTs then provide an alternative for digital artists to make a profit. Until the time when NFTs penetrated into the gaming world, the prestige of NFTs increased

The emergence of games with NFTs as a support for the ecosystem in the game, makes NFT adoption and NFT sales volume in the marketplace remain stable and tend to rise. The gaming utility of NFTs is what is then believed to be able to boost the prestige of NFTs back at its peak, after the NFT Profile Picture has dimmed.

NFTs and their journey cannot be separated from the influence of the community. This community is the frontline in disseminating information and conducting analysis of NFTs that are being discussed and those that have the potential to become the next blue-chip NFTs.

In 2022, NFTs seem to have lost their identity. The winter season in crypto market activity due to several external factors, has a significant impact on NFT buying and selling activities. The community also experienced the same impact. The desire to adopt NFTs or issue NFT works is declining.

There are many things to consider in creating an NFT project in 2022 in addition to the dimming market interest. The fact that NFT utilities can only be absorbed as a digital artwork and in-games utilities, making creators rack their brains in absorbing new utilities for NFT. And thanks to the pressure from market conditions, many new NFT creators are bringing new utilities to NFTs and giving new hope to NFTs at the end of 2022.

This new utility in NFTs is what many expect to be a new milestone in the rise of NFTs in this global crypto market. At this event, WeBuy NFT as a new NFT service provider that offers a lease function on NFTs, tries to dig deeper with communities and NFT creators about hope, and the efforts that the community makes in keeping the soul of the NFT ecosystem alive and providing more benefits.

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