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Dead NFTs: The Evolving Landscape of the NFT Market (dappgambl.com)

submitted 1 year ago by fer0n@lemm.ee to c/technology@beehaw.org

53 comments fedilink hide all child comments

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.

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[–] gaael@beehaw.org 10 points 1 year ago (1 children)

Thanks for this educational post, TIL I learned something interesting (and sad/infuriating).

[–] Pons_Aelius@kbin.social 9 points 1 year ago (1 children)

Cheers.

I wasn't joking when I wrote this:

so many things currently wrong with the USA can be traced back to the Regan administration.

[–] Mr_Blott@feddit.uk 3 points 1 year ago (2 children)

What, like your education system is so bad you can't even spell the names of your presidents? 😂

[–] Pons_Aelius@kbin.social 3 points 1 year ago* (last edited 1 year ago) (1 children)

I am not american...

It is possible to know the history of another country but get something wrong occasionally.

Correcting spelling mistakes is the lowest rung of internet comments...

[–] Mr_Blott@feddit.uk 2 points 1 year ago

It's a joke on the mess that Reagan made of the education system, chill out

[–] tburkhol@beehaw.org 3 points 1 year ago (1 children)

Yeah. https://www.educationnext.org/remembering-nation-risk-reflections-politics-policy/

Abolish the Department of Education. School choice vouchers. Standardized testing. All these memes started with Reagan. Not Regan, his Secretary of Treasury, but a lot of people confused Ronald Reagan and Donald Regan, even at the time.

[–] Pons_Aelius@kbin.social 2 points 1 year ago (1 children)

Nah, that was just a spelling mistake from a non-american, I have never heard of Donald Regan (and don't know if that is a joke or not)

[–] tburkhol@beehaw.org 3 points 1 year ago (1 children)

No sweat, friend. I was just using the opportunity to extend the "It's all Reagan's fault" train. And Donald Regan was a real guy appointed by Ronald Reagan. They didn't have the diversity of names we do now, so a lot of them repeated, rhymed, or required a middle initial to differentiate. Like all the George Bushes - GWB, GPB, GHWB...

[–] Pons_Aelius@kbin.social 1 points 1 year ago

Cheers for the info.