I think the era of collectible "art" NFT will be over soon, replaced by NFT that used as in-game item, I mean at least it has utility rather than just sitting there on our wallet. I don't mean to spread FUD here but the Collectible Art NFT is just dumb and dumber investment. Moreover I can see so many play-to-earn game-raising in the last few months.
NFT games need further developments because as we can see, previous NFT games didn't succeed and most of them failed. Also, this season is not healthy to launch new NFT projects because it will be hard for them to survive the bearish season. NFTs also need to create or build a good foundation of trust from investors because most of us fear that NFT projects would turn into rug because that's what we experienced last year.
Those who need development are projects which are rush to introduced in public. They are the one that often dies quickly but those who are planned well before they released, projects like sandbox are still there, alive and kicking but it seems they are not contented. They want to become better because they keep on releasing additional updates.
@icalical
No, they won't be replaced because they are not harming the other. They are just called a category. There are those who likes arts and there are those who likes to play games. That is why each of them can get a demand. Art type nft does not need a utility because some them are already valuable.