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

submitted 1 year ago by fer0n@lemm.ee to c/technology@beehaw.org

53 comments fedilink hide all child comments

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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[–] Pons_Aelius@kbin.social 3 points 1 year ago* (last edited 1 year ago) (1 children)

I am not american...

It is possible to know the history of another country but get something wrong occasionally.

Correcting spelling mistakes is the lowest rung of internet comments...

[–] Mr_Blott@feddit.uk 2 points 1 year ago

It's a joke on the mess that Reagan made of the education system, chill out