OpenSea CMO Predicts Shift in NFT Market Focus

OpenSea's Chief Marketing Officer, Adam Hollander, has suggested that the next wave of non-fungible tokens (NFTs) may focus on tokenized collectibles, luxury goods, and digital tickets. According to NS3.AI, this shift would mark a departure from the speculative cycle of 2022, which saw over $1.6 billion in trading volume. Hollander believes that NFTs continue to hold potential as tools for ownership of both digital and physical assets, despite the decline in value of avatar collections.