I still recall the NFT hype of few years ago. It was the most popular form of digital art then,
I mean what other digital art there is that allows you to have ownership? NFTs did pave the way for digital art no matter how it ended up being like.
I wonder if OpenSea and Doodles still generate enough revenue from NFTs anymore because now everyone cares more about AI, ChatGPT than NFTs.
Well, I mean AI seems to be a lot more useful anyway. I think one of the reasons why NFTs failed is the lack of use case for it. Yes, art doesn’t need to be useful but it’s hard to find value when it’s digital art specifically.