this post was submitted on 21 Sep 2023
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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless. (markets.businessinsider.com)
submitted 11 months 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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[โ€“] [email protected] 9 points 11 months ago (1 children)

It was just another form of money laundering though 'art'.

[โ€“] [email protected] 3 points 11 months ago

That's exactly what it was. If I wanted to wash money, the easiest way to do it would be to create some bullshit digital pic and then buy it myself from an alt dummy account.