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Fizzled2021-2022
NFTs
Useful mechanics survived in tickets, loyalty, games and provenance; the JPEG asset class did not.
Original claim
Tokenized media would reinvent art, games, identity and ownership.
Evidence
The retail image-collectible market collapsed from peak attention into a smaller niche.
Lineage verdict
Useful mechanics survived in tickets, loyalty, games and provenance; the JPEG asset class did not.
Wardley read
NFTs sits at 24 / 100 on evolution and 34 / 100 on strategic visibility. The important question is whether it can move rightward into repeatable product and utility behavior.