The non-fungible bubble: how NFTs inoculated the industry against greed
In a comparatively short time, NFTs went from glittering innovation to a largely marginal investment tool. Mass-minted collections, rampant speculation and market manipulation did the rest: by 2024, analysts estimate that 96% of collections were “dead”. Lina Valitova examines what remained after the NFT bubble burst. Why did the bubble inflate? In March 2023, staff […]