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.

  • Thisfox@sopuli.xyz
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    1 year ago

    I’m not convinced the yanks had anything in place to deal with that. Look at recent demented presidents.