There's always a false sense of some value on a hype, that's why people easily invest in all sorts of shitcoins. The problem with NFT isn't that it can't recover that fast, it won't recover ever again. At least in the form it was in 2021. All those projects will never again be worth the money that was asked for them in 2021. Exactly the same story that happened with ICOs in 2018 happened. Those coins never recovered, in their bulk, and died completely.
NFTs won't recover again because the vast majority are pure junk. They have no real utility. The fact that most of their content is stored on a centralized server, is a huge turn off for me. Isn't the Blockchain all about "immutability"? I wouldn't want to buy something that could disappear in an instant.
Most people don't care about this, since they only want to make a quick buck. Convenience goes on top of everything else. Hopefully, the industry will mature in the future as developers put their emphasis on quality instead of quantity. No one can predict the future, so lets hope for the best.
I think that NFT will not be disappoearing but NFT will be worthless. I dunno why there are people who bought these stupid NFTs even they do know that if the price of NFT is always dumped till it worth nothing.
It's something strange for me to see that like i saw those people are loosing their sense to think correctly with their logic.
Most of it if not trash gameplay a copy from other popular games so we cannot really get some good new game ideas coming from those NTF game creators since they are generics and maybe they don't even think about for new concept since they want to ride as fast as they can on NFT hype floating up in the mind of the people. if investors would really be smart enough to determine which are totally garbage for sure that they will not caught up by those scammers pretend to be a good NFT platform.
And if we look at the past stats made by this industry for a year for sure we can see that most of them are in total bad shape which their old holders still shaking their heads on how they can recover back their money invested on those NFT games and arts.