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Is NFT dying?

The nft aspect is for the collectibility. This is on veve I believe and they have different rarity with different covers and mint counts. All of that matters from a collector standpoint even in the physical space picking legit ones from shit ones is how you make quick gains though. They are not dying, just the hype is getting away.

Are NFTS worth anything?

NFTs haven’t provided any value to anyone. I’m assuming 99% of crypto projects will die in the next couple years because they are sitting dormant and not doing anything. The bad part about NFTs is that they're illiquid. Now, imagine having a Jpeg that would later be worthless as no one wants to buy once the hype dies

Did a $140,000 NFT sale signal the death of the NFT?

Citing a huge fall in the number of NFTs bought, the Wall Street Journal reported last week that NFT sales were "flatlining," while Yahoo questioned whether a $140,000 sale of a CryptoPunk bought for $1 million six months prior signaled "the death of the NFT." This has sparked another type of euphoria: Punters calling the imminent demise of NFTs.

What if there are too many NFT projects?

Creators who are dedicated can easily lose interest if there are too many worthless NFT projects, and this is one of the major problems the market can face in the future. On the other hand, as the NFT concept and market mature the false projects and low-quality work will subside and balance should be restored quickly.

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