Also, can't wait for the galaxy-brain comments from crypto aficionados explaining how the banking sector is a scam, as if that was relevant here.
this post was submitted on 05 May 2022
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Im going to be honest here, I'm surprised it didn't collapse by the end of last year.
Good.
NFTs are a cool technology, but make no sense commercially. I'm suprised the hype took this long.
next hype cycle: "web3". it's already starting.
Can't read the article, it requires subscribing.
As of NFT's in general, there is barely a difference between them and collectible unique sneakers drops or another overpriced consumer junk in terms of hype and utility. If you cannot accept NFT's boom, probably capitalism is not for you ^_-
Well, this is also good and on the same topic, quoting the WSJ a lot: https://kotaku.com/nft-market-collapse-square-enix-ubisoft-sega-konami-sca-1848878945