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?

I think nfts were exploratory, cool new tech attracted folks but everyone knew it's just a picture onchain (in most cases not even stored onchain) and folks realized it crushing the value

without solid utility/perks or insane marketing flywheel I doubt we'll see these heights again

unless we get an insane bull run which will improve the probability

exploring new frontiers in tech, ai, states, farcaster DAU since 2023, product background /basedstudio

I sometimes feel like NFTs were actually ahead of their time. A generation of onchain native folks may one day prefer to collect items this way. 

We just aren’t there yet.