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Subject: NFT sales plummet 92% and the market collapses
Written By: Starro23 on 05/05/22 at 10:07 am
Another Starro news story for ya, Analysis by the website NonFungible, first cited by the Wall Street Journal, found that NFT sales fell to a daily average of 19,000 this week, compared to 225,000 seven months ago.
Active wallets, which are used to store NFTs, also dropped by 88 per cent. The article concluded: “The NFT market is collapsing.”
www.independent.co.uk/tech/nft-sales-elon-musk-b2071204.html?utm_content=Echobox&utm_medium=Social&utm_campaign=Main&utm_source=Twitter#Echobox=1651671640
:-X
Subject: Re: NFT sales plummet 92% and the market collapses
Written By: Philip Eno on 05/05/22 at 10:16 am
www.independent.co.uk/tech/nft-sales-elon-musk-b2071204.html?utm_content=Echobox&utm_medium=Social&utm_campaign=Main&utm_source=Twitter#Echobox=1651671640
Btw, I have to register to subscribe to view this report in full.
Subject: Re: NFT sales plummet 92% and the market collapses
Written By: LyricBoy on 05/05/22 at 4:54 pm
WTF is NFT? ???
Subject: Re: NFT sales plummet 92% and the market collapses
Written By: CatwomanofV on 05/05/22 at 5:23 pm
WTF is NFT? ???
Non-fungible token. They are basically cryptocurrence in photo form. They put some kind of mark on a copy of a photo and you can BUY (or sell) that specific copy of that photo. It really stupid if you ask me and I'm not surprised that the market tanked.
https://www.forbes.com/advisor/investing/cryptocurrency/nft-non-fungible-token/
Cat
Subject: Re: NFT sales plummet 92% and the market collapses
Written By: LyricBoy on 05/05/22 at 5:50 pm
Non-fungible token. They are basically cryptocurrence in photo form. They put some kind of mark on a copy of a photo and you can BUY (or sell) that specific copy of that photo. It really stupid if you ask me and I'm not surprised that the market tanked.
https://www.forbes.com/advisor/investing/cryptocurrency/nft-non-fungible-token/
Cat
Ah, now I see. I prefer my tokens to be fungible anyway. ;)
Subject: Re: NFT sales plummet 92% and the market collapses
Written By: ChrisBodilyTM on 05/05/22 at 6:56 pm
NFT is some digital crap that's horrible for the environment. You pretty much can buy something and own it, except you don't. You're essentially buying a receipt. It's stupid.
Subject: Re: NFT sales plummet 92% and the market collapses
Written By: Howard on 05/06/22 at 3:17 am
NFT is some digital crap that's horrible for the environment. You pretty much can buy something and own it, except you don't. You're essentially buying a receipt. It's stupid.
That is stupid, why would I want to even buy a receipt when I want to own the whole thing? ::)
Subject: Re: NFT sales plummet 92% and the market collapses
Written By: LooseBolt on 05/06/22 at 5:08 am
And nothing of value was lost.
Subject: Re: NFT sales plummet 92% and the market collapses
Written By: Philip Eno on 05/10/22 at 12:58 pm
Another Starro news story for ya, Analysis by the website NonFungible, first cited by the Wall Street Journal, found that NFT sales fell to a daily average of 19,000 this week, compared to 225,000 seven months ago.
Active wallets, which are used to store NFTs, also dropped by 88 per cent. The article concluded: “The NFT market is collapsing.”
www.independent.co.uk/tech/nft-sales-elon-musk-b2071204.html?utm_content=Echobox&utm_medium=Social&utm_campaign=Main&utm_source=Twitter#Echobox=1651671640
:-X
Can this be blamed on bitcoins?
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