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Are NFTs Dead?
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Are NFTs Dead?

  • NFTs are not dead, they have evolved into liquidity-backed, utility-driven digital assets called Liquid NFTs.
  • Between 2021 and 2023, the NFT market witnessed a hype, followed by a crash due to most NFTs lacking real value.
  • Liquid NFTs introduced the concept of liquidity-backed NFTs, where a portion of the mint price is locked into a stablecoin-backed liquidity vault, giving NFTs real financial value.
  • Creating NFTs has become easier with tools like Easy Create, allowing users to mint NFTs in under five minutes without coding or smart contract writing.

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