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Article by Kotaku: It reports on the results of a market research that has concluded that the majority of NFTs has no value whatsoever anymore.

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[-] peopleproblems@lemmy.world 5 points 9 months ago* (last edited 9 months ago)

Ok, so I've been hearing "NFTs are worthless" for so long now.

Why is it being repeated so much that it's nauseating? The technology behind them is awesome, the things buying and selling with them are pictures. Of course it's stupid. People buy and sell baseball cards, and magic cards, and pokemon cards. They sell for far more than the fucking cardboard and ink they are made of, and they aren't reminding us they are worthless.

What the hell is trying to be said?

[-] ScampiLover@lemmy.world 4 points 9 months ago* (last edited 9 months ago)

Most people (even with otherwise good understanding of tech) still fail to grasp that "an NFT" is not the monkey picture itself.
This is both why some managed to be bought for insane prices, and why we see reporting like this.

Your examples would actually be a useful case for NFTs since you'd have to both have a genuine card, and the token saying its genuine

[-] SuddenlyBlowGreen@lemmy.world 3 points 9 months ago

Your examples would actually be a useful case for NFTs since you'd have to both have a genuine card, and the token saying its genuine

How exactly would you pair a physical object to a digital NFT?

[-] AngryCommieKender@lemmy.world 2 points 9 months ago

QR code on the card?

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this post was submitted on 22 Sep 2023
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