NFTs reaching the same copycat phase DeFi had with the plethora of food farms.
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The NFT market is entering a "copycat phase" similar to DeFi's past "food farms," suggesting potential saturation and reduced innovation, which could impact the value of many NFT projects. Investors should be cautious of new NFT launches that lack unique value propositions.
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About Duncan
Duncan
By FloodCapital
Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.