The NFT space isn't finished—but the era of get-rich-quick schemes definitely is. What we're witnessing now is the market separating signal from noise. Real utility, community-driven projects, and genuine digital ownership use cases are gaining traction, while purely speculative plays are fading fast. This isn't a death knell for NFTs; it's actually the beginning of maturation. Web3 adoption hinges on building actual value, not chasing hype cycles. The projects that survive will be those solving real problems, not just riding trends.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
9
Repost
Share
Comment
0/400
WalletDoomsDay
· 1h ago
Really? I'm already tired of hearing the word "utility"... The last time I heard that was back in 2018.
View OriginalReply0
SatoshiHeir
· 6h ago
Undoubtedly, this article makes a fundamental cognitive error—mistaking a "bubble burst" for "market maturity." On-chain data has been available for a long time.
It should be pointed out that true utility has always been extremely scarce. Most active projects are nothing more than Ponzi schemes in different words.
View OriginalReply0
SchrodingerGas
· 9h ago
Really, the projects that can survive have already been separated out. Those still telling stories now... on-chain data speaks for itself. Don't listen to terms like "community-driven"; just look at the token distribution to know whether they are true believers or arbitrageurs.
View OriginalReply0
Blockchainiac
· 01-08 19:58
That's right, the era of cutting leeks has indeed passed. Now is the real beginning of making a fortune.
View OriginalReply0
RugpullTherapist
· 01-07 21:50
Really, someone finally said it. Those who are after overnight wealth should have been gone long ago.
View OriginalReply0
GasBankrupter
· 01-07 21:48
That's quite right, those purely hype projects deserve to die. Only truly useful things can survive.
View OriginalReply0
GasFeeTherapist
· 01-07 21:41
Really, it's about time for a reshuffle. Those who have been harvesting the profits should get lost.
View OriginalReply0
shadowy_supercoder
· 01-07 21:36
ngl, this wave finally cleared out those worthless projects; only the truly useful ones can survive.
View OriginalReply0
DefiPlaybook
· 01-07 21:27
According to on-chain data, NFT trading volume has indeed declined over the past 6 months, but this precisely indicates that the market is undergoing a filter—junk projects are being cleared out, and genuine applications are emerging. Notably, the specific analysis is as follows: the number of holders of utility-type NFTs is actually increasing, which is the real signal.
The NFT space isn't finished—but the era of get-rich-quick schemes definitely is. What we're witnessing now is the market separating signal from noise. Real utility, community-driven projects, and genuine digital ownership use cases are gaining traction, while purely speculative plays are fading fast. This isn't a death knell for NFTs; it's actually the beginning of maturation. Web3 adoption hinges on building actual value, not chasing hype cycles. The projects that survive will be those solving real problems, not just riding trends.