853
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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.

you are viewing a single comment's thread
view the rest of the comments
[-] TomMasz@lemmy.world 11 points 1 year ago

Anyone with the ability to read who bought one deserves what happened to them. The sellers are probably still laughing.

[-] dangblingus@lemmy.dbzer0.com 9 points 1 year ago

99 times out of 100, it was the seller selling it to himself to artificially inflate transaction numbers and nudge the price up.

[-] dustyData@lemmy.world 7 points 1 year ago

Yeah, but that's the thing with scams. They make thousands of attempts, but they only need that one sucker.

this post was submitted on 21 Sep 2023
853 points (96.3% liked)

Technology

59757 readers
2808 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS