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Are NFTS still a thing?

Not so much anymore. By Jacob Kastrenakes, a deputy editor who oversees tech and news coverage. Since joining The Verge in 2012, he’s published 5,000+ stories and is the founding editor of the creators desk. One of the big promises of NFTs was that the artist who originally made them could get a cut every time their piece was resold.

Is the NFT ecosystem on a race to the bottom?

The NFT ecosystem has been on a race to the bottom when it comes to fees. As the market for NFTs collapsed, marketplaces have lowered their own trading fees and stopped enforcing royalty fees in order to attract sellers.

Does NFT solve a problem?

NFT hasn't solved any problem, it just added senseless complexity. You don't need a public ledger or blockchain to do the things you say it made possible, things which are already done. A solution looking for a problem. Recently a computer problem caused check-in issues at a soccer game. They delayed the game by 30 minutes, whoop de fucking do.

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