{"id":1404423,"date":"2022-03-28T09:15:37","date_gmt":"2022-03-28T13:15:37","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1404423"},"modified":"2022-03-28T09:15:46","modified_gmt":"2022-03-28T13:15:46","slug":"nfts-are-past-their-prime","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nfts-are-past-their-prime\/","title":{"rendered":"NFTs Are Past Their Prime"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">10<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnfts-are-past-their-prime%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1404423&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p>Sales of NFTs, one of 2021&#8217;s biggest investment crazes, are but a fraction of what they were at last year&#8217;s peak.<\/p>\n<p><strong>The big picture:<\/strong> Despite the present doldrums, the market for non-fungible tokens \u2014 digital objects built to be provably unique \u2014 is very likely here to stay. But it will probably go through several more rounds of hype and disillusionment.<\/p>\n<ul>\n<li>The basic idea of a completely unique crypto token continues to evolve \u2014 for instance, Uniswap, a decentralized crypto exchange, uses NFTs to track liquidity providers\u2019 positions. In other words, it&#8217;s not &#8220;just a JPEG.&#8221;<\/li>\n<li>And the two leading NFT marketplaces, OpenSea and LooksRare, are still typically earning between $1.5 and $2 million a day each in fees, according to <a class=\"gtmContentClick\" data-vars-link-text=\"Token Terminal\" data-vars-click-url=\"https:\/\/tokenterminal.com\/terminal\/projects\/opensea\/competitive\" data-vars-content-id=\"76b2cfd3-0a0e-48f9-9ac5-7007b8d7803b\" data-vars-headline=\"Charted: NFTs are past their prime\" data-vars-event-category=\"story\" data-vars-sub-category=\"story\" data-vars-item=\"in_content_link\" href=\"https:\/\/tokenterminal.com\/terminal\/projects\/opensea\/competitive\" target=\"_blank\" rel=\"noopener\">Token Terminal<\/a>.<\/li>\n<\/ul>\n<p><strong>The bottom line: <\/strong>Business is down but definitely not out.<\/p>\n<p><em>For more from Brady Dale on all things crypto, <a class=\"gtmContentClick\" data-vars-link-text=\"sign up\" data-vars-click-url=\"https:\/\/www.axios.com\/signup\/cryptocurrency?utm_source=newsletter&#038;utm_medium=email&#038;utm_campaign=newsletter_axiosmarkets&#038;stream=business\" data-vars-content-id=\"76b2cfd3-0a0e-48f9-9ac5-7007b8d7803b\" data-vars-headline=\"Charted: NFTs are past their prime\" data-vars-event-category=\"story\" data-vars-sub-category=\"story\" data-vars-item=\"in_content_link\" href=\"https:\/\/www.axios.com\/signup\/cryptocurrency?utm_source=newsletter&#038;utm_medium=email&#038;utm_campaign=newsletter_axiosmarkets&#038;stream=business\" target=\"_self\" rel=\"noopener\">sign up<\/a> for the upcoming Axios Crypto newsletter!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sales of NFTs, one of 2021&#8217;s biggest investment crazes, are but a fraction of what they were at last year&#8217;s peak.The big picture: Despite the present doldrums, the market for<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1404423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1404423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1404423"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1404423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1404423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1404423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1404423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}