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Love them or hate them, NFTs have created a buzz around blockchain in 2022. Sadly, they have also ushered in a wave of tasteless, corrupt, and in some cases outright mad NFT projects — resulting in a colorful year, to say the least.
The one color it’s seemingly lacking, however, is green. NFT trading volume has dropped 97% since early January highs. Numbers for NFT marketplace OpenSea are bleeding: active traders, sales, and monthly volume are all down by 61%, 75%, and 96% respectively since January. Indeed, some six figure NFTs are down almost 99% this year.
To celebrate the wild ride, here’s a recap of some of the most ridiculous NFTs of the year.
Hosted on Acast. See acast.com/privacy for more information.
Love them or hate them, NFTs have created a buzz around blockchain in 2022. Sadly, they have also ushered in a wave of tasteless, corrupt, and in some cases outright mad NFT projects — resulting in a colorful year, to say the least.
The one color it’s seemingly lacking, however, is green. NFT trading volume has dropped 97% since early January highs. Numbers for NFT marketplace OpenSea are bleeding: active traders, sales, and monthly volume are all down by 61%, 75%, and 96% respectively since January. Indeed, some six figure NFTs are down almost 99% this year.
To celebrate the wild ride, here’s a recap of some of the most ridiculous NFTs of the year.
Hosted on Acast. See acast.com/privacy for more information.