Are NFTs dead in 2025?
The non-fungible token (NFT) market has its magnificence and weakness, raised in the year 2020. It was NY and Miami, and NFTs completely changed the perception of what people will be willing to pay for when it comes to art and other creations. However, in 2025, many are asking the question: are NFTs dead? This blog will evaluate the current status of the NFT market, respond to concerns, and determine whether or not NFT fits in the context of a dynamic future.
The rise of NFTs
Early Beginnings
The creation of NFTs came naturally from a rapidly developing world of blockchain and smart contacts with Ethereum at the forefront. There is a record of activities and developments in the field of Ethereum, but the most highlighted year is 2017, which brought the release of the ERC-721 token standard. This groundbreaking new development equipped developers with the tools they needed to produce qualitatively different, intrinsically indivisible digital commodities, thus opening the door to a wide spectrum of NFT solutions. It was just a beginning and early experiments such as CryptoPunks or even CryptoKitties exposed entirely new solutions. CryptoPunks, a set of 10k pixel avatars of punks, which appeared at the very beginning of the modern Crypto art movement and were some of the first NFT projects to employ the Ethereum blockchain, became a cult favorite for fans of the indie/DIY art scene thanks to their cheeky look. Visit Us: https://bermudaunicorn.com/