Everyone once had a positive perception of NFT but now it is not possible for NFT to regain its credibility. When NFTs were on hype I expected good profits, but now NFTs are not as hyped as before. Now I think NFT-Investment has very high risk. It is true that 90% of NFT are sitting at zero now. The NFT market will not be able to recover so easily. Although I was not bullish on NFT from the beginning, and I do not advise anyone to invest in NFTs. NFT used to be a great technology but now it is being misused, and most of the scammers are getting into NFT. I have several NFT in my wallet that have been sent by scammers.
To be honest! I never had a positive thought about NFTs. From the very beginning I have been saying to everyone, that NFT is going to die sooner than any other hypes in the crypto market.
A JPG can't be sold forever for millions of dollars. Just like any other hype, NFT died but faster than anything else. Only the initial investors made money and royalty. Rest all are still licking their own fingers with a hope of making sales. This is utter nonsense!