DEAD NFTS: THE EVOLVING LANDSCAPE OF THE NFT MARKET

Summary from the TLDR Crypto newsletter

NFTs have seen a boom and bust, crashing after a bull run, leaving the market flooded with assets that lack buyers. A study encompassing over 73,000 NFT collections found colossal imbalances in the market characterized by over 95% of collections having zero value. While that is a staggering portion of NFTs that are deemed worthless, there was a much smaller pool of collections that people actually cared about to begin with, so this figure could be a bit misleading.