I think as a concept they might stay and find some use. In terms of art and collectibles though, I predict a huge crash within the next 2 years. People now pay

I think as a concept they might stay and find some use. In terms of art and collectibles though, I predict a huge crash within the next 2 years. People now pay thousands of dollars for algorithmically generated images. How many of buyers pay for the "access to the community" and how many are speculators that just want to sell them later? Most of these communities that are created around NTFs will become inactive soon and with a nearly infinite supply of new NFT series, the resale values will drop by 90%+. A limited number of communities will remain active, and maybe their NFTs will increase in value (since they offer some exclusivity). Same with people who now support graphic artists and photographers by paying $5,000 for NFT of some photo. Why people who have never commissioned anything now are paying so much for NFTs, and will they keep supporting artists when they realize that they can't make a profit anymore? I'm curious what will happen, as I believe we're entering the "Peak of inflated expectations" stage [0] [0] https://en.wikipedia.org/wiki/Gartner_hype_cycle https://en.wikipedia.org/wiki/Gartner_hype_cycle