Summary of the NFTNYC 2023: Protection of NFTS

The CEO of My Neighbor Alice, Lenny Pettersson, spoke at the three-day NFTNYC conference, which of the 12, and the meaning of protecting NFTs from a drop in prices.

Lenny spoke about the recent upward trend in investments in collectors and gaming assets and emphasized that blockchain games are now at the top and correspond to the mainstream gaming industry. The younger investors are now looking for investments in blockchain games with reliable and credible development teams, with a much lower interest in the token ecosystem of a project than in previous years.

Another highlight moment for Lenny was the moderation of a panel discussion on the subject of "NFTS: Placing more power in players' Hands". Lenny discusses the potential of a significant intellectual property that offers interoperability by NFTS and the importance of a healthy relationship between developers and players.

He concludes his topic by responding to the problems of falling NFT prices. Although there is no guaranteed way to protect an NFT from a price drop by various factors, which include the market mood, supply and demand as well as general economic trends.

lenny advises NFT collectors to take additional steps to reduce the risk of loss of value of your NFTs by carrying out thorough research and due diligence before buying an NFT. Find out more about the artist or creator, the rarity and uniqueness of the NFT and the historical sales data for similar NFTS. Information about credible news channels to help investors make well -founded decisions and to avoid that they pay too much for a NFT.

In most cases, the diversification of the NFT stocks can help distribute the risk and reduce the effects of a single NFT value loss by investing in different assets with different creators and topics. NFT collectors were advised to pursue a long-term approach for NFT investments and to focus on assets with long-term potential value, e.g. B. those with strong support for the community, unique functionality or historical importance.

about my neighbor Alice

my Neighbor Alice is a social online multiplayer builder game based on the Chromia blockchain platform. The project is intended to promote a continuous ecosystem for blockchain games that enables simple transactions within the NFT and gaming community.

The technology behind My Neighbor Alice is based on an operational and rental system. The system is in development and will be introduced next year so that users can rent their NFTs to achieve an even greater earning potential. Ultimately, it differs from other play-to-ear games. My Neighbor Alice strives to become a dominant unit in the blockchain gaming area and tries to maintain and develop a living community for different players.

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