#NFTs #Worthless There’s been plenty happening in crypto re

--・97 views

#NFTs #Worthless There’s been plenty happening in crypto recently, including some doom-laden major media headlines relishing in the downfall of NFTs. But are the haters correct to claim that most NFTs are worthless, and were they right all along. A research report by dappGambl has been published, and it makes the eye-catching claim that 95% of all NFTs are now worthless. But is the claim true? Are 95% of NFTs actually worthless? The answer to that is yes, around 95% worthless is probably accurate, but there are two critical factors that the haters are missing: Huge numbers of obscure and unknown NFTs have been minted. And the key point: Most NFTs were worthless at the peak of the bull market.

#NFTs  #Worthless  
There’s been plenty happening in crypto recently, including some doom-laden major media headlines relishing in the downfall of NFTs.
But are the haters correct to claim that most NFTs are worthless, and were they right all along. A research report by dappGambl has been published, and it makes the eye-catching claim that 95% of all NFTs are now worthless.
But is the claim true? Are 95% of NFTs actually worthless?
The answer to that is yes, around 95% worthless is probably accurate, but there are two critical factors that the haters are missing:
Huge numbers of obscure and unknown NFTs have been minted.
And the key point:
Most NFTs were worthless at the peak of the bull market.