Crypto Report: NFT Sales Falling

Crypto Report: NFT Sales Falling

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant decline in the NFT market, highlighting a drop in weekly sales from nearly a billion dollars to less than $70 million. It explores the impact on earnings, particularly for those paid in NFTs, and notes the market's concentration among a few large buyers. The discussion also touches on the macroeconomic factors affecting the market and the potential for recovery, emphasizing the need for increased trading volumes and retail investor participation.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are suggested to contribute to the drop in NFT trading volumes?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest is necessary for prices in the NFT market to rise again?

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