The vast majority of NFTs, tolken issuances, and smart contracts are being done on altcoins, 90% of which can already be done on Bitcoin, and meanwhile Counterparty (the cost to do this on Bitcoin) is only on one obscure exchange with almost no volume..
And development is very slow because interest is very low..

The only good points I’ve seen in this thread so far is about get rich quick scheme hype and fake market cap..

Still the vast majority of this action is being done on ETH while it can be done even cheaper on BTC..

Look at all these exchanges listing ETH tolkens and none listing ones on Bitcoin..

It seems to me that Bitcoin maximalists have just given up on this market segment..