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by orliesaurus 1322 days ago
Serious question as someone who owns none: NFTs still a thriving thing?
2 comments

That could do with some analysis attached. The stats seem to say no, it's not a thriving thing and people are building on the hope that it returns as something useful in the future.

The whole crypto industry seems to be suffering from acute loss-of-interest right now.

Down from peak but $500M monthly volume across 200K users is not bad really. This dashboard isn't tracking other chains and L2s, like Reddit's avatars that just crossed $10M sales volume.

https://dune.com/polygon_analytics/reddit-collectible-avatar...

Fair question - overall volumes are certainly down from the 2021 highs, but there is growth in certain ecosystems (e.g., Solana). Our view is we expect this space to be cyclical like a lot of emerging technologies, especially as new use cases develop beyond digital art and collectibles.