John Reed Stark, former SEC official, said the NFT and crypto ecosystems are bound to fail. He noted that 95% of NFT collections have zero market capitalization, and prices average $5 – $10. Stark said crypto will fail because of a lack of regulatory oversight and consumer protection, among other issues. Amidst sour market performances, The post The End of NFTs and Crypto is Coming, Former SEC Official Predicts appeared first on Coin Edition .
