ICYMI: Current State of NFTs
This piece summarizes key themes that have influenced the NFT market in the first half of 2022
After reaching an all-time high of $16.6B in January, NFT trading volumes have since consistently declined Airdrops have emerged as an essential tool to capture NFT traders’ attention, while free mints have cast their spell on the space in the face of a major market downturn NFT projects are enacting increasingly diverging strategies in terms of IP rights that gravitate towards both extreme ends of the spectrumJoin The Block Research for exclusive research like this
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