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.

  • Pons_Aelius@kbin.social
    5·
    1 year ago

    Has an NFT as proof of ownership ever actually been tested in a court of law?

    Until it does, the claims the NFT shills make mean zero.

    • jarfil@beehaw.org
      1·
      1 year ago

      I don’t think you understand: a DRM-locked digital content doesn’t need, or care about, “a court of law” to work or not with a given key.

      Instead of listening to the shills of GIF NFTs, centralized app/media shops, or centralized governments, try to think about what the technology actually means.