{"id":48636,"date":"2022-09-28T15:00:15","date_gmt":"2022-09-28T15:00:15","guid":{"rendered":"https:\/\/packetstormsecurity.com\/news\/view\/33883\/NFT-Sales-Have-Lost-Nearly-All-Their-Allure.html"},"modified":"2022-09-28T15:00:15","modified_gmt":"2022-09-28T15:00:15","slug":"nft-sales-have-lost-nearly-all-their-allure","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/nft-sales-have-lost-nearly-all-their-allure\/","title":{"rendered":"NFT Sales Have Lost Nearly All Their Allure"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fill,f_auto,fl_progressive,g_center,h_675,pg_1,q_80,w_1200\/301815f867f3bb471acab5c6d78873af.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p><head><meta name=\"google-site-verification\" content=\"Sc6OGUq5heWyOLFpCb_2K6mX7vFrWKGANts4QDUmgOY\"><meta name=\"google-site-verification\" content=\"QDPLbDJXTQNT0n69mvNADCeRmwnbkYyL20OKJAVCKq8\"><meta 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Bloomberg L.P., Business organizations, Electronic trading platform, Jimmy Fallon, Starbucks, National Film and Television School, NFT platform, Jason Falovitch, Finance, Share trading, OPENSEA, Companies, Gizmodo\"><meta name=\"twitter:url\" content=\"https:\/\/gizmodo.com\/nft-crypto-web3-bored-ape-1849590462\"><meta property=\"article:published_time\" content=\"2022-09-28T14:40:00.462Z\"><meta property=\"article:modified_time\" content=\"2022-09-28T14:40:01.575Z\"><link rel=\"canonical\" href=\"https:\/\/gizmodo.com\/nft-crypto-web3-bored-ape-1849590462\"><link rel=\"amphtml\" href=\"https:\/\/gizmodo.com\/nft-crypto-web3-bored-ape-1849590462\/amp\"><meta name=\"description\" content=\"Data shows that non-fungible token trading volume has slid 97% since the beginning of 2022.\"><meta property=\"og:title\" content=\"NFT Sales Have Lost Nearly All Their Allure\"><meta property=\"og:type\" content=\"article\"><meta name=\"author\" content><meta property=\"og:url\" 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f_seo_noimageindex_on f_seo_remove_headline_link_on f_short_whitelisted_check_on f_show_splashy_top_on f_sidebar_ad_whitespace_on f_sidebar_remove_native_promo_on f_slideshow_on f_smartcrop_on f_sourcepoint_ccpa_on f_sourcepoint_header_on f_sourcepoint_keyval_on f_speedcurve_lux_on f_splasytop_970_250_on f_sticky_mobile_320_on f_sticky_mobile_320_bulbs_on f_sticky_right1_ad_on f_sticky_video_first_slot_mobile_on f_stronger_homepage_headers_on f_su_manage_blog_dropdown_on f_taboola_feed_homepage_on f_taboola_lazy_load_on f_tag_follow_overwrite_on f_tag_noindex_nofollow_on f_taxonomy_on f_trackonomics_amp_on f_truncate_permalink_content_on f_truncate_sidebar_on f_use_ad_manager_on f_veritas_compression_on f_veritas_tracker_on f_video_autoplay_analytics_on f_video_hydration_lazyload_on f_video_lazy_load_delay_on f_video_permalink_play_next_on f_video_thumbnail_fix_on f_videos_filter_with_posts_on f_webm_optimize_on f_welcome_ad_analytics_on f_welcome_ad_freq_cap_on blog-group-gizmodo\" id=\"readabilityBody\" readability=\"27.466814159292\"><noscript readability=\"12.676991150442\"> <\/p>\n<div id class=\"bxm4mm-7 BkGlG js_ad-mobile-dynamic js_ad-dynamic ad-mobile-dynamic movable-ad\">\n<div class=\"bxm4mm-9 cUKJZg ad-unit ad-mobile\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<p class=\"sc-77igqf-0 bOfvBY\">OpenSea is still trying to get more people interested in trading, including by <span><a class=\"sc-1out364-0 hMndXN sc-145m8ut-0 kVnoAv js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;External link&quot;,&quot;https:\/\/twitter.com\/opensea\/status\/1574799977649422339?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1574799977649422339%7Ctwgr%5E1cec520a983e0a0764995828259069182d388f5d%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fdecrypt.co%2F110664%2Fopensea-nft-marketplace-adds-support-for-optimism&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/twitter.com\/opensea\/status\/1574799977649422339?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1574799977649422339%7Ctwgr%5E1cec520a983e0a0764995828259069182d388f5d%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fdecrypt.co%2F110664%2Fopensea-nft-marketplace-adds-support-for-optimism\" target=\"_blank\" rel=\"noopener noreferrer\">adding the Optimism blockchain<\/a><\/span> network to its slate of supported networks. But new trading platforms like GameStop\u2019s NFT marketplace experienced <span><a class=\"sc-1out364-0 hMndXN sc-145m8ut-0 kVnoAv js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;Internal link&quot;,&quot;https:\/\/gizmodo.com\/nft-9-11-gamestop-crypto-1849326807&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/gizmodo.com\/nft-9-11-gamestop-crypto-1849326807\">an influx of new users<\/a><\/span> when it came out of beta in July, but that boom quickly tapered off. Daily revenue for the company\u2019s NFT platform reportedly <span><a class=\"sc-1out364-0 hMndXN sc-145m8ut-0 kVnoAv js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;External link&quot;,&quot;https:\/\/cointelegraph.com\/news\/gamestop-nft-daily-fee-revenue-plunges-under-4k-as-gloom-infects-markets&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/cointelegraph.com\/news\/gamestop-nft-daily-fee-revenue-plunges-under-4k-as-gloom-infects-markets\" target=\"_blank\" rel=\"noopener noreferrer\">dipped under $4,000<\/a><\/span> in late August.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">This news makes many companies\u2019 belated attempts to cash in on the NFT craze now seem even more ludicrous. The thing is, more companies are trying to implement NFTs onto their platforms by simply not calling them NFTs<!-- -->. <span><a class=\"sc-1out364-0 hMndXN sc-145m8ut-0 kVnoAv js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;Internal link&quot;,&quot;https:\/\/gizmodo.com\/starbucks-nft-coffee-odyssey-web3-1849525352&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/gizmodo.com\/starbucks-nft-coffee-odyssey-web3-1849525352\">Starbucks<\/a><\/span>&nbsp;<!-- -->recently talked about its own NFT platform but called them \u201cstamps.\u201d Reddit announced \u201c<span><a class=\"sc-1out364-0 hMndXN sc-145m8ut-0 kVnoAv js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;Internal link&quot;,&quot;https:\/\/gizmodo.com\/reddit-nft-collectable-avatar-blockchain-1849151663&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/gizmodo.com\/reddit-nft-collectable-avatar-blockchain-1849151663\">collectible avatars<\/a><\/span>\u201d in July, but company execs have been loath to even use <span><a class=\"sc-1out364-0 hMndXN sc-145m8ut-0 kVnoAv js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;Internal link&quot;,&quot;https:\/\/gizmodo.com\/reddit-nft-ceo-collectible-blockchain-avatar-cryptosnoo-1849462548&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/gizmodo.com\/reddit-nft-ceo-collectible-blockchain-avatar-cryptosnoo-1849462548\">any reference to NFTs<\/a><\/span> in any of its promotional material.<\/p>\n<aside class=\"ynugv2-2 sc-101yw2y-6 jPPlae\"><\/aside>\n<p><\/noscript><\/body>READ MORE <a href=\"https:\/\/packetstormsecurity.com\/news\/view\/33883\/NFT-Sales-Have-Lost-Nearly-All-Their-Allure.html\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>READ MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":48637,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[60],"tags":[136],"class_list":["post-48636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-packet-storm","tag-headlinecryptography"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NFT Sales Have Lost Nearly All Their Allure 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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