The #NFT sales are down 92% compared to their peak in September'21. Is the hype over?

NFTs as a utility for creative endeavours was long overdue to cool down. As they relate to DAO and real business creation… that’s just getting started. 👍 Go check out what @gabelunao and the crew are building over at @usebraintrust as exhibit A. 💯

Hype areound an industry will always reach a plateau at a certain time - it's a natural and healthy process. The moment is not the best: High inflation, war, international tensions, risk of recession. Like cryptos, NFTs are showing high correlation with tech stocks, which are down A LOT. If you invest in NFT's only for the Hype, then like everything else the risk is huge and the moment is aweful. However, if you dig deeper to search for different value propositions like Data monetization, personalised content etc...it's a whole new story, and quite interesting!

I think that everything has noise and decline sometime, maybe this topic will come back like Fenix.

Yes

It's not over yet. Any minimal attention spike might launch a new wave of hype

finding the new trend of nft