Is Pure Decentralization a myth?
An article that dives into the layers of decentralization that a developer must encounter to determine the extent of the distributed nature of the protocol. For a protocol to be decentralized, the framework must be aligned to favour it in a longer time frame. The user base is an area where a decentralized ideology is wholly possible https://link.medium.com/fy1885Y06qb
The biggest headline is that NFT sales fell by 72% between May and June 2022. That decline pushed the NFT transaction volume below $1 billion for the first time since June last year. Leading NFT collections like the BAYC experienced a significant decline in the floor price amid the crypto winter