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.

  • Pons_Aelius@kbin.social
    link
    fedilink
    arrow-up
    9
    ·
    2 years ago

    Cheers.

    I wasn’t joking when I wrote this:

    so many things currently wrong with the USA can be traced back to the Regan administration.