I hate to say it but 90% of NFT collections will be dead in 3-4 years (maybe sooner)
Out of 1000s of collections, maybe ~50 will survive
Tbh that's how it should be, the market's been bloated with cash grabs since 2021.
Examples of projects that do have staying power:
→ BAYC
→ Pudgy Penguins
→ Azuki
→ Milady
→ Doodles
→ Fwogs
→ Rektguy
→ Chimpers
→ Moonbirds
→ Good Vibes Club
(There are more, i don't remember them all, you can DROP yours in the comments)
These projects have solid teams, gud art, product-market fit, community and a real IP.
So yeah i'm extremely bullish on NFTs making a comeback
Just not most NFTs, and the ~50 that make it are going to absolutely dominate!
Survival of the fittest isn't bearish.
Is this post from 2022? This is already the case!
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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