Report: Over 96% of 5000+ NFT Collections Are “Dead”

According to a report from the NFT Evening platform, 96% of the projects analysed are "dead". This means they have zero trading volume, no sales for more than seven days, and no activity on X (formerly Twitter).

Platform representatives note that 40 per cent of NFT holders are currently not profiting from their tokens. Meanwhile, the average lifespan of collections is 1.14 years. This is 2.5 times less than the similar indicator of classical crypto projects.