NFTs are facing a downturn due to liquidity issues and the failure of numerous projects to materialize. The once booming industry of 2021 has cooled off, with 2024 heralding the emergence of NFT companies embracing long-term value. Luca Netz, CEO of Fat Penguin, stated, "I believe the NFT craze will erupt again in the next 6 to 12 months. The digital collectibles market has enormous potential, currently occupying only 1% of the collectibles market (physical collectibles make up 99%)." Is NFT ...