The NFT market continues to face low sentiment as sales volumes have dropped 29% in the last 30 days, and mainstream media is reporting NFTs as “worthless.” Covered by The Guardian, Cointelegraph, Yahoo, The Hindu Times, and more, a recent study conducted by dappGambl, which analyzed data from NFT Scan and CoinMarketCap, found that 95% of NFT collections, equivalent to 23 million individuals, hold NFTs with no market value – as 69,795 out of 73,257 collections have a market cap of 0 Ether.
We are excited to re-introduce our newsletter, a Monthly Recap designed to keep you updated on our latest investments, launches, project updates, and podcast episodes.
As our Morningstar Ventures Community keeps growing, we want to hone down on the power of sharing and connecting even further. Our newly relaunched Monthly Recap aims to give you a complete and concise overview of what's been happening behind the scenes at Morningstar Ventures.
Here's what you can expect:
Morningstar Venture’s portfolio company, Humans.ai, is a leading blockchain and AI solutions provider. By leveraging the power of both technologies, Humans.ai is creating an ecosystem where artificial intelligence is scaled and governed within an ethical and transparent framework.