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The majority of NFTs are now worthless, new report shows

11 points| liamk | 2 years ago |theguardian.com

5 comments

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drt5b7j|2 years ago

You know what I hate about these articles? That they talk about this like it isn't a scam

> This stark discrepancy between listed floor prices and actual sales data exposes a significant issue in the NFT market – inflated valuations that don’t reflect genuine buyer interest or real-world transactions.

There's no "valuations" or "buyer interest"... it's a scam! It's not that the "market is volatile", you just sent money to someone for nothing!

pk-protect-ai|2 years ago

They were all useless to start with. If only the majority of them useless now, this is a progress...

nancyp|2 years ago

It literally took no time for people to jump from opensea to openai.