The non-fungible tokens boom seems to have petered out internationally. Prices of NFTs skyrocketed but then plummeted over the course of 2022, and many believe the market is over (not coincidentally, the crypto markets has also experienced a crunch in 2022). The art and photography industries may soon move onto the next fad, if they haven't already.
In Japan, NFTs are still something of a thing, though, even if the haven't reached the heights of fame and fortune that they (briefly) attained in other countries.
In 2021, shibari artist Hajime Kinoko created an NFT rope bondage art ...
