NFTs were always a ridiculous idea: 95% of NFTs are Worthless: Report | PetaPixel
The false virtue signalling was a feature:
NFTs went mainstream, and then the bubble burst, as it often does. The financial failure does not even begin to scratch the surface of the environmental devastation wrought by crypto, either. It is unclear what the vast majority of crypto and NFT owners have gotten in return for accelerating climate change.