<h4><strong>NFTs are reaching mainstream consciousnesses with the NFT market swelling to $41B in 2021. While we have heard many stories of how people profited from NFTs, there are even more stories of people who lost money in NFTs. What utility does an NFT have and what are the challenges faced by NFT collections?</strong></h4><p>The success stories of several blue-chip NFTs have inspired many other NFT collections, many of which offer no utility and are looking for a quick cash grab. In this bear market, these collections will be weeded out as collectors like us turn to collections that offer real utility. Here, we examine different categories of utilities and challenges faced by NFT collections.</p><p>Read the whole article <a href="https://www.altcoinbuzz.io/nft/challenges-of-scaling-nfts/" rel="noopener noreferrer nofollow">here</a>.</p>

Challenges Faced By NFT Collections

Altcoin Buzz

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