Interest In NFTs And The Metaverse Is Falling Fast

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Interest In NFTs And The Metaverse Is Falling Fast
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If Google is any indicator, public interest appears to be falling fast in the concepts of NFTs and the metaverse.

Have you been seeing less NFT chatter around the internet lately? Hearing a bit less about the metaverse? Well, you’re not alone.

Despite an initial surge in usage of the buzzwords, interest in both concepts appears to be sharply declining, at least according toIn the gaming space, where I operate, almost every major publisher seems to have been scared straight on NFTs after being lambasted by fans every time they are brought up, and those have become relegated mainly to purely blockchain based games outside the rest of the industry.

NFTs, meanwhile, peaked somewhere around the end of January, and have only dropped since. This should ward off the idea that the global breaking news of Russia invading Ukraine caused this drop in interest for this term and perhaps many others, as we can see this was already beginning to slide a month before the invasion even happened. It has been a smooth decline ever since, and shows no sign of slowing.

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