Too Long; Didn't Read
The NFT space (and crypto in general) has been battling against some major headwinds recently. What began as a boom in mostly PFP focused NFTs last summer, has now become a competition akin to ‘survival of the fittest’. The market became flooded with scam projects, useless “utility” tokens, worthless vanity drops, and a tsunami of stolen and stock images being passed off as ‘original’ work. But, while the data showed web searches for “NFTs” dropped dramatically in early 2022, and NFT sales slowed in Q1, this is simply the inevitable ‘correction’