NFT Minting is Increasingly Competitive, But One in Three NFTs End Up Dead – Nansen

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NFT Minting is Increasingly Competitive, But One in Three NFTs End Up Dead – Nansen

 
The minting of non-fungible tokens (NFTs) is becoming increasingly competitive, with more new projects created and the cost to mint new NFTs being cut. However, a number of NFTs minted still end up as part of a “dead collection” with no trading activity — though, notably, the proportion of such NFTs is decreasing, a report from blockchain analytics platform Nansen has said….
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