NFT prices are falling as projects with strong communities remain resilient

Episode 42 of Season 5 of The Scoop was recorded with The Block’s Frank Chaparro, and Floor co-founders Christine Brown and Chris Maddern.

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NFT floor prices and trading volume are in decline. However, for NFT projects with strong communities, now is the time to stand out from the pack, according to Floor co-founders Christine Brown and Chris Maddern. Floor, which aims to be an ‘everything app’ for NFTs, raised $8 million from a Series A funding round in June of 2022.

In this episode, Brown and Maddern discuss how increased liquidity in NFT markets is accelerating price discovery and where value is accumulating in this new paradigm of NFT market structure.


This episode is brought to you by our sponsor CleanSpark.

About CleanSpark

CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: https://www.theblock.co/post/228908/floor-nft-market?utm_source=rss&utm_medium=rss