Most of the NFTs are devaluated, even though Ethereum and other cryptocurrencies are slowly rising again. Why is that?

I'm no crypto nerd, neither are you I assume, but it only takes a few IQ points to realize that NFTs are objectively useless. Even the "utilitarian" ones. And that's ignoring the 80% of the NFT projects that are an absolute scam. The community is shit. Twitter (X) is a bad social media for enthusiasts to gather, and the users are even worse. All they know is to tweet "GM guys", "I'm buying today. Show me your art." and "smoking a dope right now."

And we also have Discord servers, which most likely are a place full of weirdos talking shit, sharing nudes, drug pics and playing poker while betting.

Printscreen of a NFT Crypto Nerd from a particular Solana NFT Community, flexing his drugs. There are plenty of other examples, but this one illustrates my point very well.

(That's not the case with the Tezos and OBJKT communities. You guys are wholesome.)

So, the product is useless and the community is mostly disgusting. How are we supposed to think that NFT will rise once again?

The time will prove it.

Crypto will keep rising. I'm already putting my money on it. The future will come, certainly, with technology by its side. The metaverse, virtual realities, and parallel lives will be something normal in the next few decades. And obviously, crypto will strike once again. And everything will be made of NFT. Virtual houses, clothes, travel tickets and artworks will be NFTs commercialized in a decentralized way. Dystopian and weird, but it gets me a little bit excited.

I can be right, I can be wrong. But I'm happier sharing my thoughts with you. It is better than keeping everything to myself (my thoughts and free will are jailed in an automatic life, help me.)

Thanks for reading Stoots