alyaza [they/she]@beehaw.orgM to Technology@beehaw.orgEnglish · 1 year ago95% of NFTs are Worthless: Reportpetapixel.comexternal-linkmessage-square124fedilinkarrow-up1298arrow-down10
arrow-up1298arrow-down1external-link95% of NFTs are Worthless: Reportpetapixel.comalyaza [they/she]@beehaw.orgM to Technology@beehaw.orgEnglish · 1 year agomessage-square124fedilink
minus-squarealyaza [they/she]@beehaw.orgOPMlinkfedilinkarrow-up57·1 year agoi can only presume the remaining 5% is owned by NFTs Georg, who lives on the blockchain and is an outlier who should not have been counted
minus-squareaddie@feddit.uklinkfedilinkarrow-up4·1 year agoHey, just because 95% of them are worthless, doesn’t mean the other 5% aren’t too.
minus-squareHamartiogonic@sopuli.xyzlinkfedilinkarrow-up3·1 year agoMaybe those NFTs have negative value.
minus-squareEcho Dot@feddit.uklinkfedilinkarrow-up2·1 year agoAll NFTs have negative value because they aren’t worth anything but they cost money to pretend to store. Basically NFTs are the world’s least efficient, least secure, but most expensive backup solution.
Only 95?
i can only presume the remaining 5% is owned by NFTs Georg, who lives on the blockchain and is an outlier who should not have been counted
Hey, just because 95% of them are worthless, doesn’t mean the other 5% aren’t too.
Maybe those NFTs have negative value.
All NFTs have negative value because they aren’t worth anything but they cost money to pretend to store.
Basically NFTs are the world’s least efficient, least secure, but most expensive backup solution.
It’s a lowball estimate.