Crypto Winter? NFTs Down 92%, OpenSea Installs Down 94%, Veve Down 99%, Crypto Apps Down 64% Value in collectibles is driven by rarity, and true rarity is ... rare. This is by design. But when Beeple and groups like the Bored Ape Yacht Club started raking in multi-millions from JPEGs and GIFs, everyone and her dog piled into the NFT market.