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
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        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.