96% of NFT collections are considered “dead,” with the average lifespan of a collection being just over 1 year.
43% of NFT holders are losing money , with the average loss in the market being 44.5%.
Projects were classified as “dead” based on three criteria: zero trading volume, low weekly sales, and no activity on social networks.
Wait a minute so this analyst in report wanna tell use now in 2024 they figure out this Jpegs useless and people just waste money for nothing?! No way...
