There’s a strange disconnect in the NFT space where everyone still seems to agree on their cultural value (or at least general enjoyment), yet the vertical hasn’t come close to reclaiming its former momentum. 

Why?

It‘s dumb to speculate again on an illiquid NFT Collection with 100-300 other holders if there are no new buyers

Pendulum Swings too far towards builders (that only care about tech) and too far towards speculators (that only care about short term profits).

Never the right mix of stakeholders so far that like long-term wealth via (collaborative, sustainable) growth and tech/innovation

The problem is that the focus was always on speculation and not the actual technology