What is “dead” in NFTs? It’s not “down bad on the chart.” In a market where almost everything is nuked 90%+, that’s just called “existing in 2025.” Definition that actually matters In this market, price looks dead long before energy does. So “dead” shouldn’t start at ‑90%; that’s just the entry fee for surviving a full cycle.​ Dead is a question of presence, not floor. ----- This is not dead Floor down 90%+ from peak. Team still ships in silence through bull and bear: updates, products, meetups, game patches, whatever they promised.​ They show up on spaces. They answer DMs. They don’t disappear when volume does.​ There is still a core of noisy, delusional holders who care about more than “wen exit liquidity.” That’s not a dead project. That’s a survivor with terrible mark‑to‑market. ----- This is actually dead Core team gone. No comms, no roadmap, socials on autopilot or deleted.​ Treasury untouched or quietly drained. No new builds, no attempts to pivot, nothing to even pretend there’s a next chapter.​ Discord is three people, two bots, and one guy who refuses to change his PFP because “they might come back.”...