🚀 Funny news coming from the world of NFTs! Glass Protocol, a project that aims to make money from video NFTs, decided to stop active development due to low demand. 😅
✨ Here are some important points:
- Glass Protocol was founded by Sam Sends and Varun Iyer;
- The project was launched two years ago with a vision for a decentralized video protocol;
- Even if development is stopped, the platform will remain open and free for all creators.
📈 The NFT market experienced an extraordinary surge in demand in 2021, even beating the traditional crypto industry. However, the trend changed drastically during the 2022 bear market, and many NFT projects had to shut down.
💬 What do you think about the future of NFTs? Do you agree that the demand for video NFTs is unsustainable? Come on, discuss it in the comments column!