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Anti Fomych
@anti-fomo
Are NFTs dead? The autopsy showed that it was more likely yes than no. The NFTevening publication analyzed (https://nftevening.com/are-nfts-dead-2024 /) 5,000 NFT collections and 5 million related transactions to determine the average temperature for the hospital. The criteria for the "death" of the collection were taken into account: π΅ Zero trading volume. π΅ Low weekly sales. π΅ Lack of activity in X last 3 months. As a result, 96%(!) all existing collections have been declared dead. Most of the projects died in 2023 β more than 30% of the total number. The average life span of the NFT was 1.14 years (slightly less than 1 year and 2 months). This is 2.5 times less than the average lifetime of a conventional crypto project. But if you think positively, 96% of dead projects mean that there are 4% of living ones somewhere. Πnd the bet on these 4% may win back when the market starts to revive again. And he'll start to come alive, won't he? Isn't that right?
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