95% of NFTs are Worthless: Reportalyaza [they/she]@beehaw.orgmod to Technology@beehaw.org – 297 points – 10 months agopetapixel.com126Post a CommentPreviewYou are viewing a single commentView all commentsOnly 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 countedI 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.
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 countedI 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.
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 countedI 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.
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.
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.
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.