Study Says 95% Of NFTs Are Worthless

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All NFTs are properly worthless
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#nft #crypto #memes
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This one goes out to all the NFT bros who a few years ago said "enjoy being poor" to people who rightfully called NFts scams, who are now facing the music.

Rembreiker_lychec
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It is easy to say that NFTs were a scam in hindsight.

It was also easy to say that before and during the bubble too 😂

SportyMabamba
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This shit is scary, I hate the implication that 5% of NFTs have any value.

Hyperfishsation
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"Are NFTs actually that worthless?"
*"Always has been!"*

BuiHieuDong
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Fun fact: 100% of NFTs are actually worthless

Cahrssomething
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Who'd have thought something with no utility, obstacles to production, scarcity, or even physical presence would be worthless?

meursault
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I still can't believe we actually experienced a period of time where people spend millions of dollars for some .png of absolutely ugly monkeys and stuff, it sounds like the plot of a comedy sketch than something actually real.

exanimato
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You can’t market memes. That goes against the entire purpose and their nature. To be spread around and evolve with the times and those that share it.

haydenTenno-
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NFTs were a solution in search of a problem. After seeing artists raise issue with crypto bros minting _other peoples' artwork_ and selling it, along with all the low quality high production collections of uninspired trash, my view of NFTs becoming financially worthless is as simple this: *good, and good riddance.*

Just_a_commenter
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"Study says 95% of NFTs are worthless"

"Every 60 seconds the world goes round, a minute passes"

BonBonToro
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I'm shocked it has taken this long for NFTs to go bust. Especially since its not real art and its not tangible. Its like games on an online service. Once its gone, so are the games.

Jonathan_Collins
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Remember when Crypto-Bros were unironically comparing NFTs to the wheel? I bet they’re regretting that now.

spencerbrus
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It took a study to figure out jpegs aren't worth $1M, who woulda guessed

melonlab
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NFTs should have never been as big as they were. A true lesson in financial literacy.

Understandable
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The ONLY good thing NFTs ever did was give the original creators of classic memes a huge paycheck by selling them off as NFTs. Well, that, and became a hilarious laughing stock for the rest of us for a good year or so.

kirkginoabolafia
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Killer, let’s boost that number up to 100%

afallenhuman
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History repeats itself. The Dutch tulip market crashed, and so has the NFT market.

EpiscopalLamb
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NFTs were like FOMO made physically manifest. All these people who desperately wanted to be like the crypto millionaires, and couldn't fathom being wrong lol.
It was "I want that" overriding all other logic 😂

alexanderrahl
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It was a fascinating social demonstration.

gaidencastro
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Me when i spend all my childs college fund on a funky monke nft (it is now worthless)

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