ShoeFy
  • Welcome
  • Lite Paper
  • Abstract
  • Market Trend of NFTs
  • NFT Key Players
  • Competitor Analysis
  • Limitations
  • Why ShoeFy?
  • Origin of ShoeFy
  • ShoeFy Ecosystem
  • How ShoeFy works
  • sNFT Minting
  • Staking and Farming
  • Liquidity Pools
  • Shoeverse
  • FAQ
    • General
    • Using ShoeFy Protocol
    • Road Map
    • Tokenomics
  • Shoe Token Vesting Schedule
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Limitations

Despite Growth Potential, NFT Faces Several Key Challenges:

  • NFTs are often difficult to measure their intrinsic values.

  • Other than just the pleasure of owning it, NFT holders had no use case for their collection like generating passive income.

  • NFTs cannot be readily liquidated like Fungible Tokens.

  • NFTs, as of now, lacks full-fledged cross-chain interoperability.

  • NFTs are still nascent and new and, by nature are a speculative market.

  • The value of the NFT and FT combination has yet to be realized and is very limited in the current market platforms.

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Last updated 3 years ago

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