Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

  • nickwitha_k (he/him)@lemmy.sdf.org
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    1 year ago

    Oh man. I remember getting downvoted to hell for stating that they were a scam and provided no actual value or true, to technical “non-fungibility”.

    • Honytawk@lemmy.zip
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      1 year ago

      Well, NTF is based upon the Greater Fool Theory.

      So if those with invested interests are unable to find a bigger fool to sell them to, those NFT become worthless.

      You got downvoted because you were interfering with money from the NFT investors.