The NFT market may have peaked. Is it too late for the launch of the gangster series NFT?

The founder of a Las Vegas gang attraction has launched a gangster-themed non-fungible token, a type of NFT that involves digitized versions of real-world organized crime memorabilia.

This series of NFTs is called "The Mob Experience" and includes NFT versions of artifacts of some well-known American gangsters. These artifacts include Al Capone's handwritten note to his son in Alcatraz, Meyer Lansky's handwritten diary, Bugsy Seigel's pistol, Mickey Cohen's brass knuckles, and some other historical pieces.

According to a recent press release, this series of NFTs will be auctioned for two weeks starting on April 22. But given the dramatic turnaround in the NFT market over the past month, is the arrival of the "Gangster Series NFT" a little late?

Data from Nonfungible.com shows that nearly every measurable metric related to NFT sales has dropped significantly recently. In the past month, the frequency of NFT sales has dropped 30% from 179,656 to 124,371.

Meanwhile, total NFT sales in U.S. dollars fell 15% from last month’s rolling average of $229,945,000 to a recent high of $193,261,000.

During the same period, the number of active NFT wallets decreased by 24%, while the number of unique buyers of NFTs decreased by the same percentage.

A recent report from Bloomberg shows that the average value of each NFT transaction has dropped by 70% in April. In just a few months, the average price of an NFT has fallen from a high of $4,300 in February to $1,400.

The Mob Experience’s decision to enter the NFT market was prompted by cryptocurrency investor Michael Evers, who said that it is very rare to see museum-quality pieces transformed into NFTs.

“Never before has a museum-quality piece been connected to the NFT market,” said Evers. “Giving Mob fans and collectors, and NFT owners, the opportunity to be the only people in the world to own an extraordinary and one-of-a-kind piece of history is an exciting new beginning for the NFT market.”

As a blockchain news and information platform, Cointelegraph Chinese only provides personal opinions, which have nothing to do with the position of Cointelegraph Chinese platform and do not constitute any investment and financial advice. Please establish correct monetary concepts and investment concepts, and effectively improve risk awareness. Since China has not yet issued relevant policies and regulations on digital assets, please be cautious when investing in digital currencies. If you need to reprint, please contact the relevant staff of Cointelegraph Chinese.