I think that's the problem. You could say the v1 launch of NFTs was a failure, marred by greed and stupidity. When celebrities started getting involved, I knew it was game over for NFTs. We saw the same thing during the 2017 ICO craze, right? Once celebrities started flogging initial coin offerings, the bubble collapsed shortly thereafter.
Hopefully, v2 of NFTs solves some of the biggest problems:
- The cost (by leveraging more efficient and afford blockchains).
- The greed by being used for purposes other than pixel art JPEG's and Gifs.
- Not being applied to areas/industries where NFTs could be helpful.
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