Been seeing a lot of takes lately about whether NFTs are actually dead, and I think people are missing the bigger picture here. The thing is, NFTs definitely aren't dead if you look at where the real money is flowing. Wealthy crypto collectors are still very much active in this space, quietly accumulating and driving significant market activity behind the scenes. Most people only look at headline numbers and assume the whole sector collapsed, but that's not quite what's happening. The narrative around NFTs being dead has gotten louder while the actual collector activity tells a different story. Animoca Brands' team has been pretty vocal about this reality - they're seeing firsthand that serious collectors with real capital are still engaged, still trading, still building collections. It's not the retail FOMO-driven madness we saw a couple years back, but that's actually healthier for the space long-term. The market has consolidated around serious players rather than casual speculators, which changes the dynamics significantly. So the question isn't really 'is NFT dead' anymore - it's more like, the space has matured and the money is now concentrated among people who actually understand what they're buying. That's a very different market than what most people think of when they imagine the NFT space today. The wealthy collector segment remains surprisingly active, and that's what's keeping meaningful liquidity and price discovery happening. Worth paying attention to if you're trying to understand where digital assets are actually headed.