The Death Of NFTs Is A Great Thing

With NFT volume at an all time low, it was only a matter of time

Game Over NFTs

Ah, NFTs. The cryptocurrency craze that everyone just couldn’t get enough of. But as with all fads, eventually the hype dies down, & we’re left with nothing but a bunch of digital assets that are about as valuable as a screen saver from the early 2000s.

And you know what? That’s a good thing.

Think about it, the death of NFTs means that people will finally start to realize that just because something is digital & scarce, doesn’t necessarily make it valuable. Instead, they’ll have to focus on creating actual value through things like innovation, utility, and artistic merit.

Can you imagine a world where people are only willing to pay exorbitant amounts of money for something because of its unique digital signature, rather than its actual worth? NFTs dying is like the digital world finally coming to its senses. Plus, lets be real, NFTs are more like “Not For Trade” instead of Non-Fungible Tokens.

NFTs Are On Their Last Life, To Succeed They Need Utility

NFTs, my dear friends, are like the swiss army knife of the digital world. Sure, they may have started off as just a simple investment tool, but now they’re so much more. They’re like the transformer robots of the crypto world, constantly evolving & adapting to new use cases.

Take digital art, for example. NFTs have opened up a whole new world of possibilities for artists & collectors alike. No longer do digital works of art have to exist solely as pixels on a screen. With NFTs, they can be bought, sold, and traded just like traditional art pieces. And the best part? No more worrying about someone making a copy & passing it off as the original. NFTs ensure that your digital Mona Lisa is truly one-of-a-kind.

And let’s not forget about gaming. NFTs are revolutionizing in-game items, turning them into digital assets that can be bought, sold, & traded on the blockchain. No more buying a virtual sword just to have it disappear into the ether when the game shuts down. With NFTs, your virtual possessions become just as real and valuable as the physical ones. Just like in the real world, owning NFT assets means you actually own them and they exist independently of the platform they are created on.

In short, NFTs are more than just a simple investment tool & in order for the mass market to shift their negative sentiments towards NFTs, we as a whole need to focus on the real use cases & new business models this tech creates.

They’re a digital chameleon, adaptable to any use case that requires proving ownership & scarcity of a digital asset. It’s time to think beyond the hype & see the true potential of NFTs!

Zein Zaioud — Founder @ Verse.audio

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