So everyone keeps asking if NFTs are dead, but here's what actually matters: the wealthy crypto collectors never stopped buying. I've been watching this closely, and there's a clear disconnect between the noise and what's really happening in the market. Animoca Brands' Yat Siu made a solid point about this recently - the narrative that NFTs died doesn't match what you see when you look at where the real money is flowing. The thing is, NFT market cycles are brutal. We had the hype peak, the crash, the endless hot takes about how it's all finished. But if you zoom out, the collectors with serious capital are still active. They're just more selective now. They're not chasing every project that drops. They're looking at actual utility, community, and longevity. That's actually healthier than the 2021-2022 frenzy when anything with an ape JPG could moon. The conversation around NFTs being dead feels like it comes from people who never really understood the space. Sure, the speculative bubble deflated. That was inevitable. But the infrastructure is still there, the serious projects are still building, and the collectors with real skin in the game haven't gone anywhere. What's changed is the market matured past the pure gambling phase. You're seeing more institutional interest in digital assets, more focus on actual use cases beyond pure speculation. The NFT space is smaller by volume maybe, but it's more legitimate. That's not death - that's evolution. If you're still wondering is NFT dead, the answer is no, it just looks different now. The market found its real floor, and that's actually a good sign for long-term sustainability.