The NFT Avatar Trend Is About Community
Have you heard? NFTs are hot again. The media (both crypto media and mainstream media) declared NFTs dead in June, citing data that showed sales volume had dropped precipitously at the largest NFT sites. But now the market for blockchain-based digital collectibles has come roaring back (along with the price of Ethereum), especially one segment of the NFT boom that probably looks particularly bizarre to skeptical onlookers: cartoon animal collections. Pudgy Penguins hit $11 million in daily sales volume. Bored Apes hit a floor (the cheapest price for one NFT)