Are NFTS lost or stolen?

And many may end up confused by the reality that occasionally, NFTs do end up lost or stolen. This issue is highlighted by the Twitter account @CheckMyNFT, which conducts random IPFS file audits of the likes of Nifty Gateway NFTs. In a recent audit, @CheckMyNFT found that musician 3LAU’s $11 million NFT album went missing.

What happened to the NFT market?

The rise, fall, and transformation of the NFT market have people speculating on what happened to NFTs and their future trajectory. While the fall of NFTs marked a significant shift from the exuberant highs of 2021, it is premature to dismiss the technology entirely. Several factors hold the potential to facilitate the resurgence of the NFT market:

What does the NFT landscape look like today?

Fast forward to the present, and the NFT landscape is a canvas painted with contrasting hues. The once-booming market now hums a different melody, its trading volumes whispering a quieter tune and prices momentarily finding solace in a more subdued palette. Don’t you believe us? Here are some of the famous NFT losers and how much money they lost:

Are NFTS too late?

Ethereum has become the currency of culture, and NFTs are a major entry point into mainstream blockchain adoption. The rise in NFTs is a bridge in understanding the power of provenance, digital scarcity, and smart contracts. Some people think they’re too late. Some people think it’s stupid. Most people don’t get it at all. It’s Not Too Late.