Renowned digital artist Mike Winkelmann, known as Beeple, shared his views on the dynamics of the NFT market. He noted that this field has been "hated for much longer than it has been loved," referring to the brief period when NFTs were seen as the future before interest in them declined. In 2021, his work Everydays: The First 5,000 Days sold for a record $69.3 million, but trading volumes have since dropped by over 90%.
At a recent event in London, Beeple emphasized that during his successful launch, he understood that the market was in a bubble. According to him, many buyers at that time were interested only in speculation rather than art. However, he now sees a market filled with "passionate" enthusiasts for whom non-fungible tokens are more of a means of self-expression.
Despite the decline in interest, Beeple pointed out that recent sales, such as The Goose selling for $6.2 million, demonstrate that there is still significant interest in NFTs. However, he emphasizes that speculation has taken a back seat, with serious collectors now in focus.
