The NFT Bubble Has Popped. Should Businesses Care?

What is the future of NFTs? After a major boom over the first half of 2021, new research shows that the bubble has popped. At its height, crypto-collectible sales peaked at $100 million in a single day but have since dropped nearly 90%.

To discuss the ups and downs of NFT markets, Larry Pang, Head of Business Development for IoTeX joined Daniel Litwin for insights into the future of crypto-collectibles and the internet of things.

“I think the drop in NFT prices is temporary,” Pang said. But he believes that the uses and applications of NFTs will continue to evolve. “What we’re seeing a lot in the business today is not just thinking about NFTs as an asset that’s simply tradable and ownable, but there’s a lot of people innovating on both how NFTs are created as well as how NFTs are attached to secondary markets.”

These markets may include gaming, fantasy sports, and intellectual property licensing. Because of these innovations, Pang remains bullish on future applications and investment in NFTs as they move beyond the collectibles market.

Will the merging of the digital and physical worlds make NFTs a valuable proposition going forward? How should businesses that invested heavily in NFTs adapt to the changing market? How will the Internet of Trusted Things use NFTs to build connections between creators and their audience? Litwin and Pang delve into the insights investors & industry professionals need in this rapidly evolving market.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

MedTech
From Finance to the Future of Cardiac Innovation: Ken Nelson on Building, Leading, and Investing in MedTech
May 21, 2025

Over the past two decades, digital health has evolved from a niche concept to a cornerstone of modern care—especially in cardiology, where MedTech innovations like remote monitoring and wearable devices are redefining how patients are diagnosed and managed. Yet behind every billion-dollar breakthrough is a leader who knew how to commercialize it. As cardiovascular startups…

Read More
Restoring Safety: A Holistic Approach to Threat Assessment
May 20, 2025

School Safety Today podcast, presented by Raptor Technologies. In this episode of School Safety Today by Raptor Technologies, host Dr. Amy Grosso speaks with Ray Fuller about how threat assessment can be deeply rooted in empathy, structure, and restorative practices. Fuller shares his journey from educator to districtwide safety leader, offering a look into…

Read More
Private Aviation
Private Aviation Demystified: Fractional, Leases, and the Real Costs
May 20, 2025

Private aviation is no longer just for the rich and famous. Industry data shows that fractional jet ownership grew significantly during the pandemic, which is a clear indication that it is far outpacing traditional charter services and full ownership models. Amid post-COVID shifts in travel habits and corporate belt-tightening, the interest in private aviation…

Read More
SPD
Bridging Gaps in Instrument Tracking: A Global Perspective on SPD Innovation
May 19, 2025

In healthcare environments where precision and accountability are paramount, sterile processing departments (SPDs) play a critical behind-the-scenes role. As hospitals worldwide embrace technology to close compliance gaps and improve operational transparency, the introduction of patient-centric tracking tools marks a major leap forward. Tying surgical instruments directly to patient records not only strengthens traceability—it reinforces trust…

Read More