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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless. (markets.businessinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[-] BowtiesAreCool@lemmy.world 5 points 1 year ago

What about regular digital art?

[-] MotoAsh@lemmy.world 8 points 1 year ago

It is art and doesn't need NFTs to give it value. People comission digital pieces all the time and don't need NFTs to get it done.

[-] Quatity_Control@lemm.ee 7 points 1 year ago

...is not an NFT

this post was submitted on 21 Sep 2023

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