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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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[-] simon574@feddit.de 1 points 1 year ago

What's with the downvotes? They are trading for ~$80k a piece currently and have been around since 2017. I'm not saying it's a solid investment, far from it actually. But I don't believe they will be "worthless" any time soon.

[-] Honytawk@lemmy.zip 1 points 1 year ago

Cause they don't add any value to the world. They are like parasites.

this post was submitted on 21 Sep 2023

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