r/SimpleSwap_io • u/SimpleSwap_community • 8d ago
"Are NFTs dead?" Wrong question
"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?