It's not done in the sense that people are still involved in it, but I think that public sentiment has shifted toward realizing that NFTs and crypto are not solving any problems better than existing alternatives, and the whole thing was massively oversold.
Check out this article for what I think is a good perspective on how blockchain tech is not useful: https://www.tbray.org/ongoing/When/202x/2022/11/19/AWS-Block...