Is NFT dead?Few people remember that PROOF co-founder Ryan Carson manages a private NFT investment fund called 121G. Its performance is absolutely amazing: -He stole countless Moonbirds at an average price of 20-30 ETH per unit (totaling over 700 ETH). The bottom price today is 0.3 ETH. -He repurchased Art Gobblers (10+ETH each) from ATH and put them into the WETH bid at a price of 0.1 ETH a few months later. -During the Ordinals bull market, he spent 183 ETH ($360000!) to purchase 15 Bitcoin Punks (CryptoPunks replicas on Bitcoin). These Punks are now worthless. -He purchased countless other worthless garbage and spent $100000 on Tigerbob Genesis (WTF), Ledger Passes (later sold for -95%), and so on. These are just highlights. At that time, estimates showed that a fund that once managed $40 million in funds had its entire trading value drop to less than $500000 within approximately one year. (Source:@ waleswoosh 🫡）