Cryptoassets: "NFTs are unlikely to be profitable as a stand-alone business" (M. Rubin, Fanatics)

"Over the past year, it has become clear that NFTs are unlikely to be sustainable or profitable as a standalone business. Aside from physical collectibles (trading cards) driving 99% of the business, we believe digital products will have more value and utility when connected to physical collectibles to create the best experience for...