Quote from: nelson4lov on May 11, 2025, 10:59:04 PM

NFTs only did well because people thought digital art will be a big deal in the future but here we are a couple of years later and people still prefer hard, physical art than the digital ones. Afaik, no one really care much about the fact that it's digital and being live on the blockchain.

I wasn't intrigued by NFTs and still not interested in them because bad actors took advantage of the space and did a shit ton of NFT mints that no one cares about.

There is still good and relevant art, but it is overshadowed by the quantity of NFTs that are out there. Like I keep saying in this thread, look up real uses of NFTs and not art and you will be amazed at what the technology can do.

Quote from: TastyChillySauce00 on Today at 02:10:33 AM

Quote from: dumpsterhawk on May 11, 2025, 01:45:31 PM

If 99% of the projects are dead or dying, you don't refer to the remainder as there being plenty of projects that are doing good.

Well truth is NFT project come and go and short lived just like meme and everybody is deploying it.
So it's always gonna be 99% of projects are dying even when it was at peak hype.
Although I agree, NFT market doesn't seem that good anymore, pretty much a dying market but NFT on its own is still very utilized technology.

The market is in a horrible state because the majority of NFT issuers and buyers misunderstood the purpose of the technology, it was not about creating art. It can be used for very good things such as fractional ownership of assets, or in game collectible items. That way you can verify the quantities issued and don't have to trust the developers or owners to not cheat with issuing rare items. There are many other examples.