[catnipman]

stupid, wealthy celebs gloating at elite whine parties hit hardest ...

[Red Badger]

[Responsibility2nd]

I googled this......

‘The Merge’ remains the most expensive NFT of all time. It was sold at $91.8 million during the month of December 2021.

[eyeamok]

When theses came out, I never could figure out how they had any value at all, I guess I was right, they don’t

[Dilbert San Diego]

What happened? I read an article about a year ago which said non-fungible tokens were a great side Hustle. The article cited a young 20 something woman who made $2,000 a month with non-fungible tokens.

So much for that investment.

I wonder how Bitcoin is holding up as an investment.

[DannyTN]

I bought an NFT of tulips and it’s going to make me rich!!!!

[ProtectOurFreedom]

1. Real product, real value, real wealth creation...

2. NFT...

You be the judge.

[bk1000]

My Trump NFTs are still worth more than double what I paid for them. Some of those absurd amounts paid for some NFTs have to be money laundering. Sort of like buying a painting by Hunter Biden.

[Vermont Lt]

This whole NFT is an example of a good idea used so stupidly it will ruin the good stuff as it comes.

NFTs could be very useful when it comes to things like title searches. Using an NFT/Blockchain to record deeds and titles means that you can verify a real, immutable, and accurate title ownership in seconds. For nothing.

NFTs can be used for any kind of tracking like that. But, these idiots turned them into Trump cards and other crap.

Clearly, the people working on these systems will likely change the terminology and continue to develop them.

Blockchain technology is significant. And as soon as the charlatans get out of the way…the better for those systems that can benefit from a boost in efficiency.

[vikingd00d]

>>NFTs, or non-fungible tokens, once vaunted as a revolution in crypto and digital art, are largely worthless.

NFTs are mostly used for money laundering anyway. The buyers never needed them to hold value.

[discostu]

The art market is always weird anyway. All value on art is basically random based on who wants that art. The “best” painting in the world can be worth nothing if nobody with deep pockets cares about it. Some random scribble on a napkin can be worth millions if a couple of deep pockets decide they want it. So in that regard NFT isn’t different than any other art.

[VanShuyten]

This one is kind of fun, and your $69 million gets you a nice aluminum and mahogany box with 4 video screens.

https://www.christies.com/en/stories/beeple-gets-real-109fcfeadcfe4067bb06605436cd9841

Scroll down a little to get a sample.

[teeman8r]

everything is only worth what someone else will pay them for it... even gold.

[GOPJ]

Upon analysis of 73,257 NFT collections, the authors found that 69,795 have a market cap of zero Ether (ETH) The study estimates that some 23 million investors own these tokens of no practical use or value.

Had a friend who collected Disney video tapes - threw them out a few years ago right before they hit collectors 'want lists'... would have been a great investment. That said, his comic book collection is worth more than my home and he skipped the NFT crap.

[Chode]

if i can view a NFT, an identical copy of it is now mine...

i fail to see what value they are purported to possess???

[Behind Liberal Lines]

I think a lot of Freepers just went bankrupt. ;-)

[Zack Attack]

NFT of Dorsey’s first tweet now worth under $4

https://www.cnbctv18.com/cryptocurrency/jack-dorsey-first-tweet-nft-purchased-for-dollar-3-million-now-worth-less-than-4-17303711.htm