95% of NFTs are Worthless: Reportpetapixel.comexternal-link alyaza [they/she] ( @alyaza@beehaw.org ) MA TechnologyEnglish • 2 years ago message-square124arrow-up1301
arrow-up1301external-link95% of NFTs are Worthless: Reportpetapixel.com alyaza [they/she] ( @alyaza@beehaw.org ) MA TechnologyEnglish • 2 years ago message-square124
minus-square alyaza [they/she] ( @alyaza@beehaw.org ) OPlinkfedilink59•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-square radix ( @radix@lemm.ee ) linkfedilink2•1 year agoI was gonna say! Can’t forget about NFTs Georg!
minus-square addie ( @addie@feddit.uk ) linkfedilink5•2 years agoHey, just because 95% of them are worthless, doesn’t mean the other 5% aren’t too.
minus-square Hamartiogonic ( @Hamartiogonic@sopuli.xyz ) linkfedilink3•2 years agoMaybe those NFTs have negative value.
minus-square Echo Dot ( @echodot@feddit.uk ) linkfedilink2•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.
minus-square Omega_Haxors ( @Omega_Haxors@lemmy.ml ) linkfedilink2•2 years agoIt’s a lowball estimate.
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.