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@chekohler
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I think it’s easy to pick anecdotal evidence like the collections you mentioned but It sounds almost exactly the same as the arguements made about Crypto kitties back in 2017 they were minted and the novelty of a new application for ETH took it up and as the game grew people started minting more and more Cat NFTs to a point where it collapsed the whole thing

Cryptos kitties are still around today just like art NFTs will but all I’m saying is this isn’t going to be how it will always be, soon these whales will be into the next hype with better yields and those that actually like art NFTs will keep the market going and those crazy valuations and speculation will be a much smaller part of art NFTs sales

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