While the NFT space is evolving beyond its initial speculative phase, it's important to approach claims of "real value" with caution. While certain sectors like gaming assets, memberships, and music rights are exploring innovative uses of NFTs, the broader market still faces challenges. A significant portion of NFT collections remains unsold, and many assets lack tangible utility or long-term value. Additionally, the fragility of off-chain asset connections and the prevalence of scams continue to undermine trust in the ecosystem. Therefore, while there are promising developments, the NFT market's transition from hype to sustained value is still uncertain.