NFT was the talk of 2021. Now if we look at floor prices for all popular collections
https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?
It's not over for NFTs yet, in fact, they're still in the beginning phase. It's just that the market is in a bearish season and even top coins are affected. There are still lots of NFT supporters and investors who are waiting for the market to recover. The whole market isn't in good status so NFTs couldn't strike well. Let's just see how they would recover or boom when the situation gets better.
It was just the wrong timing this time. If you take look at how much the cryptocurrency market lost a few days ago, it's too much, most of the projects that are cryptocurrency-related are losing too much.
So for me, even how quality our project is, NFT or non-NFT, you must suffer because of the market is dumping. This is how the bear market works.