Why fears of a dying NFT market are overblown

Top NFT marketplaces have surpassed US$40 billion in all-time sales, a stunning number amid all the bad press about the industry. But at the same time, investments in the U.S. creator economy have declined 60% since last year. This dichotomy is not uncommon in the crypto sphere; doomsayers will cry wolf on the NFT market, and crypto enthusiasts will staunchly defend the industry.

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