OnChain Studios CEO Will Weinraub believes projects, working with NFTs, need to showcase their strengths and prove their worth in the marketplace. Weinraub noted that the popularity of unique tokens has declined and many companies are failing in development now.

He believes that the developers of non-fungible tokens do not pay due attention to the publication of information material for participants. It is important to focus not only on the issuance of NFTs, but also on conversations about how and where to use these tokens, how they can solve the problems of the buyer in real life.

Some users bought NFTs amid the hype, giving away huge amounts of money, and don't know what to do with these items now. Weinraub noted that if the importance of NFTs is not explained to people, then 90% of projects will simply disappear from the market soon.

Earlier, Seba Bank announced the launch of a service that will help to store NFT items securely.