Lemmy.World

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The World's Internet Frontpage Lemmy.World is a general-purpose Lemmy instance of various topics, for the entire world to use.

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Lemmy.World is part of the FediHosting Foundation

founded 2 years ago

ADMINS

Are NFTs Dead? Trends, Predictions and Statistics 2023 (dappgambl.com)

submitted 1 year ago by [email protected] to c/[email protected]

2 comments fedilink

There is a discussion on Hacker News, but feel free to comment here as well.

Study suggests 95% of NFT collections are worthless (dappgambl.com)

submitted 1 year ago by kazerniel to c/[email protected]

6 comments fedilink

Of the 73,257 NFT collections we identified, an eye-watering 69,795 of them have a market cap of 0 Ether (ETH).

This statistic effectively means that 95% of people holding NFT collections are currently holding onto worthless investments. Having looked into those figures, we would estimate that 95% to include over 23 million people who’s investments are now worthless.