Dec 30, 5:01 pm
Decrypt
2023 May Have Battered, But Did Not Break, the NFT Market
The NFT market in 2023 saw the emergence of the Ordinals protocol on Bitcoin, causing a split between Bitcoin purists and expansionists. Sales dropped, frustrations grew, and creator royalties diminished. Despite the challenges, NFTs are still in demand, but the market is evolving and grappling with the fading hype.
