alyaza [they/she]@beehaw.orgM to Technology@beehaw.orgEnglish · 10 months ago95% of NFTs are Worthless: Reportpetapixel.comexternal-linkmessage-square126fedilinkarrow-up1300arrow-down10
arrow-up1300arrow-down1external-link95% of NFTs are Worthless: Reportpetapixel.comalyaza [they/she]@beehaw.orgM to Technology@beehaw.orgEnglish · 10 months agomessage-square126fedilink
minus-squarealyaza [they/she]@beehaw.orgOPMlinkfedilinkarrow-up59·10 months 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-up2·9 months agoI was gonna say! Can’t forget about NFTs Georg!
minus-squareaddielinkfedilinkarrow-up5·10 months agoHey, just because 95% of them are worthless, doesn’t mean the other 5% aren’t too.
minus-squareHamartiogonic@sopuli.xyzlinkfedilinkarrow-up3·10 months agoMaybe those NFTs have negative value.
minus-squareEcho Dotlinkfedilinkarrow-up3·10 months 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.