alyaza [they/she]@beehaw.orgM to Technology@beehaw.orgEnglish · 2 years ago95% of NFTs are Worthless: Reportpetapixel.comexternal-linkmessage-square122fedilinkarrow-up1299
arrow-up1299external-link95% of NFTs are Worthless: Reportpetapixel.comalyaza [they/she]@beehaw.orgM to Technology@beehaw.orgEnglish · 2 years agomessage-square122fedilink
minus-squarealyaza [they/she]@beehaw.orgOPMlinkfedilinkarrow-up58·2 years 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-squareradix@lemm.eelinkfedilinkarrow-up2·2 years agoI was gonna say! Can’t forget about NFTs Georg!
minus-squareaddie@feddit.uklinkfedilinkarrow-up5·2 years agoHey, just because 95% of them are worthless, doesn’t mean the other 5% aren’t too.
minus-squareHamartiogonic@sopuli.xyzlinkfedilinkarrow-up3·2 years agoMaybe those NFTs have negative value.
minus-squareEcho Dot@feddit.uklinkfedilinkarrow-up2·2 years 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
I was gonna say! Can’t forget about NFTs Georg!
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.