Official Etihad Airways Collection offers Real-World Travel Rewards such as staking-for-airmiles, flight upgrades, lounge access, and more for holders of the new EtihadPass. “[Non Fungible Tokens] are far from dead, but real world utility is key going forward”
|The Etihad Pass
This is encouraging/bullish, really I believe that NFTS will make a strong comeback, but it probably wont be about monkey pictures but things like this.
Lets recap the current state of the NFT market…
- The NFT market has experienced a significant downturn, marked by a decline in sales and prices.
- Factors contributing to the decline include speculative investing, scams and fraud, oversaturation of the market, and regulatory scrutiny.
- Despite the downturn, there have been recent signs of resurgence, with increased trading volume and the emergence of new marketplaces.
- The future of NFTs remains promising, with potential applications in digital identity verification, supply chain management, DeFi, virtual real estate, intellectual property rights, gaming, and the music and entertainment industry.
- NFTs are not dead, but rather evolving, and their long-term trajectory is still uncertain. Investors should exercise caution and conduct thorough research.