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Is the NFT fad dead?

The Morning Brief

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Introduction

In 2021, a new chapter was being written in the annals of digital history. Digital assets verified on blockchain were being sold for millions of dollars. The craze peaked when NFT's worth $23 billion were traded in 2021 according to market tracker Dapridhar. Buyers snapped up these digital assets either for exclusive access to communities or with the perception that they were investing in early monies and Picassos.

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