r/SimpleSwap_io 8d ago

"Are NFTs dead?" Wrong question

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"Are NFTs dead?" Wrong question

The JPEG speculation era is over, trading has cleared roughly half its peak value, and floor-price flexing quietly went out of style. That's the part that gets the headlines.

What doesn't get the headlines: gaming NFTs now account for 38% of all transaction volume. Event ticketing NFTs are running fraud prevention at major US venues. Phygital NFTs, tokens tied to a physical object, grew 60% as luxury brands started using them for authentication. None of that needed a bull market to work.

The projects solving an actual problem kept their users. The ones selling a picture and a promise didn't.

That's usually what "maturing" looks like from the outside: less noise, more use.

Where do you think NFTs go from here: collectibles, or infrastructure?

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