The Pixelated Party Is Over for NFTs
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F92292d6e-7543-4fbd-9754-0d38054a5dd3_1200x800.png)
Last month, NFTs returned to the spotlight, seemingly regaining some of their former glory. Sales surged to $2 billion in February - numbers not seen since the Terra crash and a massive increase from the $117 million sales in January.
“We’re back baby,” rejoiced the JPEG monkey-holding diehards.
Unfortunately, the joy was short…