Alright, listen up, you glorious bastards. Remember all those experts declaring NFTs dead? The same people who confidently told you it was all a fad, a Ponzi scheme, a Beanie Baby craze on steroids? Well hold on there McLaren, no need to take a victory lap just yet, because NFTs are back, baby! And this time, they’re not just here to stay—they’re here to slay.
Didn't Momma teach you patience?
Let's be real. We all saw the crash. Then the market moved south quicker than a snowbird in December. That wasn’t the conclusion. It was a rupture. A clearer light through a much-needed fire to burn away all the hype and illuminate what’s actually worthy value. Or how about the time your grandma overcooked the cookies—remember that? You discovered those just a little charred ones were the best! That NFT winter was a cruel sob sister, but she gave rise to NFT spring.
The numbers don't lie. Trading volume surged 96% in July, reaching over $530 million. The average sale price doubled! So yeah—that’s not a corpse twitching; that’s a phoenix rising from the ashes, bitch. And honestly, if you took that dip as a signal to sell, that was your decision. Diamond hands, remember?
Memes are forever, right?
Think about it. What are NFTs at their core? They’re digital tokens of ownership, scarcity, and online community. And what fuels the internet? Memes. Memes are the new digital DNA, the visual language of our youth (and, increasingly, our boomer parents). NFTs are just memes with verifiable ownership. They become the ephemeral artifacts of internet culture. They allow us to appreciate the beauty of what we hold in common and experience enjoyment together.
The haters called it a bubble. I call it the evolution of art. Unlike traditional art which is often trapped behind the walls of museums, inaccessible to the public. NFT art is owned like the people, shared like the people and laughed at like the people.
We spend billions on physical collectibles, from baseball cards to vintage cars. Why wouldn’t we spend the same amount of money on digital collectibles that can be easily shared, traded and displayed on a personal device? It's the next logical step.
More Than JPEGs, Duh!
Okay, okay, I get it. The Bored Apes received all the media coverage, but you believe that’s the extent of NFTs. You’re focusing on trees when you should be looking at the forest, dude – the way overpriced forest. The revolution is the use cases. The real revolution though is behind the scenes, in the use cases.
- Digital Identity: Imagine a world where you control your own digital identity, free from the prying eyes of Facebook and Google. NFTs can make that a reality.
- Event Ticketing: No more scalpers! NFTs can revolutionize ticketing, ensuring fair prices and verifiable authenticity.
- Gaming: True ownership of in-game assets? Yes, please! NFTs are transforming the gaming landscape.
- Real-World Asset Tokenization: Tokenized stocks? Crypto mortgages? The possibilities are endless. DeFi and NFTs are becoming so intertwined, it's only a matter of time before your house is an NFT.
These aren’t just future possibilities, they’re things that are happening today. The NFT space and the technology behind it is changing and moving quickly. It’s revealing tangible uses that will change the way we use the web and experience the world around us.
Blur, OpenSea, Zora: The Holy Trinity?
The platforms are maturing, too. We’re witnessing the emergence of super-niche marketplaces such as Blur, which focuses on professional traders and recently launched a lending feature called Blend. OpenSea remains king of the daily active users, with an enormous selection over multiple blockchains. Zora, which is built on top of Coinbase’s new Base network, is lowering the cost and technical barrier for creators to mint NFTs.
They're not perfect, but they're getting better. The user experience is getting better, the fees are getting lower, and the tools just keep getting more accessible. It’s a little like the early days of the internet. This time, thanks to the innovation coming from the crypto world, we have a chance to build a different future that’s decentralized and user owned.
Community is the Currency, Fool.
At the end of the day, NFTs are a community play. They’re not just about the music—they’re about being around like-minded people, supporting artists and creators, and building something new together. Look at the meme coins, yeah fundamentally they’re shit, but it’s the community baby.
The haters will never understand this. They're too busy looking at the price charts to see the real value: the shared experiences, the inside jokes, the sense of belonging.
So the next time someone says to you that NFTs are dead, just smile and nod—and then pull out your most recent purchase. Share with them the artist that you are uplifting, the community you are embedded in and the future you are creating. And then, hopefully, just hopefully, they’ll get it at last.
And if they don't? Well, more NFTs for us. WAGMI.