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by onlyrealcuzzo
1319 days ago
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Sales volume dropped from >$150M per day in the beginning of the year to ~$8M today (and the trend is still going down). Keeping in mind this is an established market now (5+ years old) - and that the vast majority of sales are known to be wash trades - this is a small, extremely insignificant market. Magic the Gathering, at this point, is substantially larger than the non-wash trade NFT market. |
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Last year there was an NFT advertisement every 10 minutes during UFC broadcasts, telling you to pick up the latest UFC NFT packs. For the past 6 months I haven't heard the announcers mention NFTs a single time.
If you can't even market this stuff to the UFC crowd, it's completely dead.