derek pfp
derek
@derek
thoughts? i think NFTs in their previous iteration (hype cycle purely "for the art") is probably done. but imo we haven't scratched the surface of NFTs for actual non-fungible utility.
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Stuart
@olystuart
The utility of a permissionless global art market hasn't lessened in importance, that's the real potential of NFTs I think, and the communities of people using them that way haven't gone anywhere. The hype cycle and market cycles come and go but for example look at the last bear market, art on Tezos was thriving, fxhash was fun all through the bear, Objkt, Manifold was developed and gained popularity. Now we have easy onchain minting like Efficax and Zero Contract and the stuff on Bitcoin. So, anyway it's just a slow progression. Follow @pocobelli Artist Journal to get a peak into the digital art vanguard as we continue on.
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