The NFT Landscape Has Changed | PT.1 | by Daniel Green | BloqDigital | Medium

Project description

This is part 1 of a 3 part writeup. The NFT and Crypto Art scene is in a bewildering spot right now. Just this year, one minute Cryptopunks are selling for millions of dollars in some kind of post-bear renaissance, (well, not all of them.. what a loophole), and yet soon afterwards its reported that 95% of all NFTs are worthless and the movement is declared to be on life support. Whether its media opinion, the state of the market, or the phases of the moon, the perceived value and prosperity of Non-Fungible Tokens is evermore as volatile as the chains they are tied to. Unfortunately, its not just the tokens. This instability has begun to affect the very platforms they sit on. Click the link to read the full article.