EXPLAINED: Why The NFT Market Seems To Be Collapsing
“The Non-Fungible Token market, better known as NFTs, appears to be collapsing. Since September, sales have fallen 92%, and the market has seen over an 88% drop in active users. Subscribe: Welcome to the YouTube home of The Project, we think you’re going to like it here! Watch full episodes of The Project here:”
As of today, this “EXPLAINED: Why The NFT Market Seems To Be Collapsing” video, uploaded by The Project on 2022-05-05 09:23:38, was viewed 13185 times and had 153 likes.
An NFT, non-fungible token, is a non-interchangeable unit of data that can be sold and traded and is held on a blockchain, a type of digital ledger. Digital media such as audio, videos, and photographs may be connected with several types of NFT data units.
