Nonetheless, a sustained drop in activity and prices has resulted in headlines about how NFT Sales Are Flatlining or Have Fallen Off the Cliff, while the backlash against the entire concept has followed many companies that have adopted or suggested they might. Reddit recently launched an NFT Collectible Avatars feature without explicitly mentioning the term, and just today, a Sony marketing executive had to dismiss gamers’ concerns that a new digital collectibles feature would bring the blockchain and NFTs to its PS5s.
