this post was submitted on 24 Sep 2023
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Technology

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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
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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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[–] Thisfox@sopuli.xyz 1 points 1 year ago (1 children)

I'm not convinced the yanks had anything in place to deal with that. Look at recent demented presidents.

[–] nyan@lemmy.cafe 1 points 1 year ago* (last edited 1 year ago)

I believe there's an act covering presidential disability, dating from long before Reagan, due to a president's wife having effectively run the country for a couple of years while her husband was too ill to get out of bed. That would probably cover obvious and serious dementia as well. (Not my country, though, so I may have it wrong.) Problem with the recent Republican presidents is that their insanity is plausibly deniable, if your worldview is damaged enough already.