Investors who purchased NFTs just a few years ago may have reason to regret their decision.
Non-fungible tokens (NFTs) aren’t what they used to be.
At the peak of the NFT hype cycle, it appeared the whole world might be captured by digital artwork mania.
NFT collections such as CryptoPunks and Bored Apes captured the cultural zeitgeist, gaining traction through 2021 into 2022. Celebrities including Justin Bieber, LeBron James, Tony Hawk and Madonna acquired artworks, generating a string of headlines in mainstream media outlets.
