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The vast majority of NFTs are now worthless, new report shows
(www.theguardian.com)
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this post was submitted on 23 Sep 2023
476 points (95.8% liked)
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Hundreds of millions collectively, when people were dumb enough to buy them. The problem is that eventually dumb people ran out of money and the worth plummeted to zero.
Cost vs worth. Their pricetag may vary; but they've been worth nothing since their inception.
Elon musk is worth 250B (source Forbes, idk how legit)
He's like a piggy bank - gotta break it open to make a withdrawal.