Too Long; Didn't Read
Second quarter of 2022 saw a historical low for cryptocurrency. Secondary market prices for NFTs have declined, with some hitting an all-time low since early 2021.
While the short-term outlook may be bleak at this point, there's no shortage of reasons to be optimistic about the future of the NFT space. eBay's acquisition of the prominent marketplace, KnownOrigin, and Mastercard's decision to allow its users to buy NFT's in selected marketplaces. But don't be too quick to write off NFTS just yet.