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NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue

A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland Foundation executive director Yemel Jardi told Cryptox. “Rather, it’s maturing."Jardi’s comments come

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