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Why Celebrities Are Ditching NFTs for “Lifestyle Coins” Tied to Real-Time Mood Data
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Why Celebrities Are Ditching NFTs for “Lifestyle Coins” Tied to Real-Time Mood Data
The NFT frenzy didn’t simply go away. It fell apart. Trading volume fell by 99% between May and August of 2022, leaving celebrity investors and their fans with digital bags that were only worth a small portion of what they had originally spent. Profile photos of bored apes that used to fetch six figures are now sitting unsold on OpenSea. The excitement faded more quickly than anyone had anticipated. However, celebrities did not completely give u…
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