Are NFTs Dead? - Trends, Predictions & Statistics 2023
dappgambl.com
Are NFTs (Non Fungible Tokens) dead? Maybe so. We analysed over 60.000 NFTs to find out which ones are still valuable.

TL;DR: The NFT market has drastically declined since its peak in 2021, with most NFT collections having no value. There’s an oversupply of NFTs, leading to a buyer’s market, and environmental concerns due to energy consumption. Top NFTs also struggle to maintain value, and the future of NFTs depends on utility and genuine value rather than speculation.

  • jarfil@beehaw.org
    1·
    1 year ago

    They do not stop copying what ever the receipt points to

    They just stop the seller from claiming you no longer have the right to a copy.

    • Pons_Aelius@kbin.social
      5·
      1 year ago

      Has an NFT as proof of ownership ever actually been tested in a court of law?

      Until it does, the claims the NFT shills make mean zero.

      • jarfil@beehaw.org
        1·
        1 year ago

        I don’t think you understand: a DRM-locked digital content doesn’t need, or care about, “a court of law” to work or not with a given key.

        Instead of listening to the shills of GIF NFTs, centralized app/media shops, or centralized governments, try to think about what the technology actually means.