"📉 NFT sales fell 44% in the 2nd quarter due to the decline in the crypto market and the popularity of meme coins. According to CryptoSlam, NFT sales fell from $4.14 billion in the 1st quarter to $2.32 billion in the 2nd.

Influential blogger Logan Paul is suing Coffeezilla for defamation over failed NFT project CryptoZoo.

The Japanese village of Yamakoshi has recruited 1,700 “digital citizens” through the sale of NFTs to support older generations.

Despite the decline in trading volumes, experts believe that the NFT market is maturing rather than dying."