Well, Blackrock is interested in RWAs (Real World Assets). They're digital representations of physical items on the Blockchain. Something tells me the future of collectibles is digital, not physical. At some point, I believe NFTs will garner attention again. We're still early to the game. I understand most NFTs these days are "rug pulls" like you've said. But that doesn't mean it's game over for the industry. With a focus on utility, NFTs might go somewhere.
Investors these days are focused on making money, so we should expect the market to remain highly-speculative within the short-term. Once Blockchain becomes a part of our daily life, things won't be the same. It will be quality over quantity, instead of all the other way around. What NFTs need is persistent storage. Both Arweave and SWARM bring a promising future. Who knows what will happen next?
Anything can happen, as no one can predict what will happen in the future.. NFTs have caused a huge buzz in the past, but with the emergence of other trends, investors' attention has turned to them.
There are many Utility NFTs I owned at some point,, but after a long time, the value of what I own has decreased by more than half, and some of what I still own has completely lost its value. Of course, I know that the NFT industry has not ended and is still present, but it is moving very slowly.
What I see is that trading and investing in altcoins is more worthwhile than that. Even selling an NFT you own requires luck, and it may take a lot of time unless the collection you bought from has demand, high daily trading volume, or is supported by an innovative project. As for me, I do not like this sector and did not believe in it from the beginning despite the success it has achieved, and each person has his own perspective and decision regarding what he sees as appropriate and believes in.
