NFTs showed potential for significant growth: Yat Siu predicts NFTs will surpass their remarkable performance of 2021, when monthly sales peaked at 6 billion USD. In contrast, recent challenges saw sales drop below 1 billion USD, yet Siu’s Optimism remains undeterred.

Failures are part of NFT market evolution: Siu points out that failures in the NFT industry reflect normal business cycles, not its demise. He emphasizes that owning popular NFTs can enhance social status, similar to classic art pieces, indicating their ongoing relevance.