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Almost all partnerships with corporate web2 brands have been leveraged to induce speculation that never lives up to the<br />
hype, or results in anything meaningful.<br />
For example: NBA Topshots is single handedly responsible for making Flow the number 4 blockchain in terms of NFT<br />
sales — with over $1 billion in volume. Despite this, they’ve lost 95.6% of buyers, compared to the global market which<br />
is down 58.7%.<br />
Quote Tweet<br />
Slorg<br />
@SlorgoftheSlugs<br />
Boom and bust. The number of unique buyers hit an apex of 180,000 in March of 2021. In march of 2023, this number<br />
barely hovered above 8,000 — and sales reflected this.<br />
The Toys R Us NFT, from a company that used to be valued at several billion dollars, sits at barely around $30. And the<br />
project account hasn’t even tweeted since March 2nd.
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