Is NFT cooling down? Don't panic! It's secretly upgrading into the 'super chip' of Web3!

Once famous for selling 'pixel avatars' worldwide, NFTs have now become the target of ridicule as the 'electronic IQ tax'? Don't be too quick to judge; NFTs are not dead, they are just finding a harder way to survive!

Nostalgia: Those years of sky-high 'electronic oddities'

In 2021, people were spending tens of thousands of dollars on twig images and millions on 'electronic stones'. NFTs spread globally like a virus. Many still remember that symphony turned into an NFT, sold for $85. At its peak, popular avatar projects soared to a market value of $4.2 billion!

But now, the market value has plummeted, and the once-booming NFT circle seems to have turned into a ghost town.

The bubble burst, and true value began to emerge

The reason NFTs became popular is simple and brutal: market frenzy + easy money + rampant speculation. Back then, who wasn't 'buying whatever was rising'? But when the hot money recedes and the game ends, true value slowly surfaces.

Today's NFTs, although 'out of favor', are evolving into practical applications: no longer relying on 'flipping avatars', but moving towards advanced gameplay that integrates technology, real-world application, and industry convergence.

Gaming, automotive, fashion, and real estate are all eyeing NFTs!

Gaming: Characters and equipment are directly NFT-ified; what you buy is not just a skin, but an asset!

Automotive: BMW and Mercedes are trying to use NFTs to track vehicle parts and history, solving the problem of counterfeit parts.

Fashion: Nike and LV are using NFTs for luxury goods authentication, tackling counterfeit products at the source.

Real Estate: Some platforms are exploring 'buying houses with Bitcoin + NFT for property transfer', making it easy to change landlords with a single click!

NFTs are no longer just flashy images; they are quietly transforming into the 'digital ID + asset registry' of the Web3 era.

In the future Web3, are you lost without NFTs?

With the explosion of data rights confirmation, digital assets, AI-generated content, and other technologies, NFTs will play a core role as 'trusted digital carriers' across multiple industries.

They will not only continue to shine in the art field but may also become one of the infrastructures of Web3, building new ownership and trust mechanisms.

Conclusion: Although the heat of NFTs has receded, their potential is far from exhausted!

They are no longer a paradise for speculators but a new battlefield for tech giants and industry leaders. Stop asking whether NFTs are dead; the truly valuable NFTs are waiting to make a significant impact in the real world.