Are NFTs Dead? - Trends, Predictions & Statistics 2023
dappgambl.com
Are NFTs (Non Fungible Tokens) dead? Maybe so. We analysed over 60.000 NFTs to find out which ones are still valuable.

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.

  • Fizz@lemmy.nz
    6·
    1 year ago

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

        • yogo
          3·
          1 year ago

          You can pay for those in cash and prepaid credit cards

          • Fizz@lemmy.nz
            1·
            1 year ago

            Prepaid cc have a know your customer policy most of the time and if I’m buying online they don’t accept cash. Conceptually I like crypto and I’m happy to support it.