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Dead NFTs: The Evolving Landscape of the NFT Market (dappgambl.com)

submitted 1 year ago by [email protected] to c/[email protected]

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TL;DR: The NFT market has drastically declined since its peak in 2021, with most NFT collections having no value. There's an oversupply of NFTs, leading to a buyer's market, and environmental concerns due to energy consumption. Top NFTs also struggle to maintain value, and the future of NFTs depends on utility and genuine value rather than speculation.

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[–] [email protected] 24 points 1 year ago (8 children)

It was tulips all along, but stupider.

Your day is coming soon, cryptocurrency.

[–] [email protected] 3 points 1 year ago (5 children)

The difference is that crypto is used to buy things. There's plenty of stuff I can only buy via crypto.

[–] [email protected] 6 points 1 year ago (4 children)

Such as?

[–] [email protected] 19 points 1 year ago

NFTs! 😅

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