🏙️ How NFTs can grow up

Plus eight stories you may have missed.

Happy Wednesday! Welcome to the Morning Report. If someone else sent you this, you can subscribe right here, right now:

The value of NFTs is on the wane — but that doesn’t spell the end for savvy creators. We’re now entering the next evolution of the collectibles: a world where Web3 companies have figured out how to parlay their popularity into new reven…