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.

  • FIash Mob #5678@beehaw.org
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    1 year ago

    They shilled for NFT’s too.

    I couldn’t get over how silly it sounded to spend actual money for what amounted to a screenshot.