"The Rebirth in the NFT Ruins": What Have We Learned from the Collapse of the Digital Art Bubble, from $100,000 to $10?

In 2021, a JPG image could sell for millions of dollars. By 2024, the same NFT might only be worth a few dollars. This frenzy and collapse of digital art is not just about price fluctuations; it's a collective experiment in human perception of value.

As the hype fades, truly valuable NFT projects begin to emerge. In-game items, digital identities, copyright protection— the practical value of NFTs is starting to separate from their speculative attributes. Is this "bubble burst" the beginning of a return to rationality in technology applications, or the end of the entire sector? More importantly, what have we learned from this collective revelry?