NFT marketplace is quietly collapsing
Published in
2 min readSep 11, 2022
The NFT market is cooling down a lot.
It is not just a bear market to bring down the NFT, it is a lack of integrity of the creators.
To be more precise, too many creators try to gain rich overnight. Unfortunately, that kind of mentality did not serve well in the NFT marketplace, and it will take a reasonably long time to repair its reputation.
Although Metaverse is a different concept, it does not escape the rug pull effect within the NFT market.
