[grey-area]

Yes it’s very like cryptocurrencies, full of grifters, gamblers, fraud and snake oil salesmen and of course marks who think this ‘revolutionary’ technology is going to change the world and believe the made up prices and wash trades are real.

Most of the visionaries have left cryptocurrencies because they realised just how riddled with fraud and grift the ecosystem is so what’s left is people attracted by the money. I expect NFTs will have the same trajectory.

[neuralzen]

It remains to be seen, the future is uncertain. There is also a lot more emotional attachment in the space...people do really like the art. Maybe not when it comes to cryptonarwals or whatever, but pieces that are genuine creative endeavors...deafbeef, art blocks, cryptopunks - there is a real love of these in the space, and it does help bind communities together. There will always be scammers and grifters in every walk of life, and it's a personal responsibility to apply critical thinking. But it doesn't discount the value of what is bring brought into focus with the innovation.