At the recent Cryptocurrency Asset Forum, Yat Siu, co-founder of Animoca Brands, shared his views on the NFT market. He believes that despite market fluctuations, NFTs still hold considerable appeal among high-net-worth collectors and are a core asset class with long-term value.

"Are people still playing with NFTs? Of course," said Yat Siu. "I myself am an active collector, and the opinions among my friends in the circle are pretty consistent. Just like Picasso fans appreciate each other, like-minded people naturally gather together."

He also revealed his personal situation. "My NFT portfolio has indeed shrunk by about 80%, but honestly, these assets were never meant for quick cash-out." This detail is quite interesting—it reflects the difference in mindset between professional collectors and short-term traders. Those who truly believe in the long-term prospects of NFTs can withstand short-term fluctuations.