From JPEGs to “Cultural Hubs”: The Great NFT Pivot of 2025
The NFT landscape has undergone a radical transformation. Once a market defined by multimillion-dollar Bored Apes and digital art frenzies, 2025 finds the sector in a “comparatively barren wasteland,” with market caps plummeting 99% from their 2023 peaks—falling from $184 billion to just $487 million. In response, the industry’s titans, OpenSea and Magic Eden, have … Read more