The NFT (non-fungible tokens) they are digital objects that cannot be reproduced due to the use of blockchain security. A few months ago, these became very popular in certain circles. Even anime companies and of video games they began to offer their own creations.
For a while it seemed that the whole world would get the fever of the NFT, Well, it was a much discussed topic on networks. However, it seems that fashion was only a passing thing and interest in these has already begun to wane. Not only are they not talked about as much anymore, but their sales took a hit.
NFTs are not what they used to be
Open Sea is a site specialized in the sale of NFT. According to data from The Financial Times, its sales suffered a drop of 80%, which is equivalent to about 50 million dollars. A fairly considerable figure considering that in February they achieved a record of 248 million dollars in transactions.
This is talking about Open Sea, which is the largest site but not the only one. According DappRadara site to follow the latest NFT, interest in them generally declined. In the last 30 days, the volume of transactions decreased by 67%. In addition, the number of vendors also fell, this by 23%.
This situation could be due to the fact that various problems derived from the NFT. Only in February Bloomberg reported a major robbery that occurred in the same Open Sea. This caused some customers to lose millions of dollars and their tokens despite the security they supposedly offer. As a result of this, the activity on the site decreased considerably.
According to the same medium, scams and money laundering have become very common with respect to NFT. In fact, recently the creators of Naruto they warned of fake tokens that are out there. Undoubtedly, actions like these caused an impact on the perception of these ‘objects’, which has already been demonstrated with data. Is this the end of monkey arts?
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