this post was submitted on 21 Sep 2023
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855
Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless. (markets.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
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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.

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[–] [email protected] 7 points 1 year ago* (last edited 1 year ago)

Yea, it's truly amazing anyone fell for those stupid things... Sooo little effort was supposed to magically generate real value!? Give me a break... It was sooo obviously just a way to get people to pool money in an unsafe way so it could be pocketed.

Who ever donated to those scams didn't deserve the money, as much as their losses are still a tragedy. Still, the scammers deserve that money even less. Bunch of idiots all around.