#Non Fungible Tokens

[probablyasocialecologist]

“Dead NFTs: The Evolving Landscape of the NFT Market” is a new report from dappGambl, a community of experts in finance and blockchain technology. Upon analysis of 73,257 NFT collections, the authors found that 69,795 have a market cap of zero Ether (ETH), the second most-popular cryptocurrency behind Bitcoin. In practical terms, that means 95 percent of NFTs wouldn’t fetch a penny today — a spectacular crash for assets that reached a trading volume of $17 billion amid a frenzied bull market in 2021. The study estimates that some 23 million investors own these tokens of no practical use or value.

[...]

The “Dead NFTs” report observes that the nearly 200,000 NFT collections “with no apparent owners or market share” identified by the study caused carbon emissions equivalent to the annual output from 2,048 houses, or 3,531 cars.

[dragon-champagne]

i wrote a paper on nfts. there is a potential for good out of them in business but not in the way they're being utilized now. Maybe the world isn't ready for decentralized currency but it's also so complex to the common user—i think that's where it failed. The average Joe doesn't know how a blockchain functions AND it's hard to explain (i still don't think i fully understand it despite having written the paper). It's also not controlled by an overarching government or authority which certainly messes up the value of the currency.

Starbucks Odyssey was gonna be a thing where they would give you NFTs with your drinks or whatever but that's 100% dead now—a testament to how shitty the public perceived these things.

[digitaluin25]

💎 The Ultimate Guide to Creating and Selling NFT Art 🚀

Have you been curious about NFTs? 🌟 Learn how to create your own digital art, mint it as an NFT, and start selling in our detailed guide! Whether you're a seasoned artist or just getting started, we’ve got everything you need to know. 🎨✨

[bytebingtech]

The final guide to deciding on the proper Cryptocurrency pockets

In the ever-evolving world of cryptocurrencies, one of the most crucial decisions you'll make is selecting the right cryptocurrency wallet. With a plethora of options available, each offering unique features and benefits, it can be perplexing to determine which one best suits your needs. In this comprehensive guide, we will demystify the process of choosing the perfect cryptocurrency wallet. We'll explore various wallet types, security considerations, and user-friendly features to ensure you make an informed choice. Read More

[burnitalldownism]

All those ppl who “got rich” off crypto/NFTs?

Tell me…are they rich in Dogecoin, or are they rich in real money?

[koop360]

The universe is vast, and so is the potential of NFTs to inspire us to explore it.

Join Our WhatsApp Community To Stay Updated: https://chat.whatsapp.com/JkAdOX58mGY7pujRImTdci

[probablyasocialecologist]

NFTs are one of many failed attempts to monetize the internet; which, in this case, meant creating a system of exchange value around aspects of internet culture which had previously just existed online for free as e.g. memes. That’s why so many NFTs look like what would happen if tech bros started making horny Sonic DeviantArt graphics. I guess that’s just what Bored Ape-style graphics are minus, crucially, the horniness. In any case, while fandom aesthetics and communities are considered cringe, it’s been easy enough for NFT artists to cherry-pick these fan visuals and turn them into private property, giving them the patina of culture, if not the social capital of “good taste.” And, like all forms of gentrification, the fandom to NFT pipeline performs a political function as well, defanging former sites of counter-hegemonic, or at least ambivalent, socialization.

[gainercryptocom]

Caw Crypto Price Prediction: Unveiling Future Market Trends

[mstr02]

العملات الرقمية :تحليل أفضل العملات الرقمية للاستثمار لعام 2024

Digital currencies: analysis of the best digital currencies for investment for 2024

In the era of expanding the digital economy, digital currencies remain one of the most prominent engines of the modern financial revolution . Investing in them may be an important step to achieve profit, success and sustainable . In this article ,we will give a detailed look at the best digital currencies to invest in 2024.

Since its inception at the beginning of the Twenty-First Century, digital currencies represent a unique economic phenomenon that has expanded very rapidly to form an integral part of the global financial system . With the advancement of time, these currencies have become not just means of electronic payments .They have become valuable investment tools with unlimited potential to achieve high returns

In recent years, we have witnessed a significant increase in interest in digital currencies, as they have become the focus of attention of large and small investors alike, but with this boom, the market remains full of volatility and risks that investors should be aware of .

[your1stcrypto]

20+ Free Solana Faucet with Direct Withdrawal to FaucetPay

Presenting more than 20 free Solana faucet that will let you earn crypto currency instantly and you can collect your Solana coin directly in your Faucetpay account. SOL is a digital currency that can staked and use to buy NFT from anywhere in the world.

[eminenceinternettechnologypvt]

Central Bank Digital Currency (CBDC) Implementation

Struggling with Central Bank Digital Currency (CBDC) Implementation? Eminence Technology offers cutting-edge blockchain solutions to tackle security, scalability, and regulatory challenges. Our transparent and efficient approach ensures seamless digital currency issuance, secure transactions, and financial inclusion. Let us help you build a robust, future-ready CBDC system that drives innovation and trust in the financial sector.

[crypto28ro]

Ce Face un NFT Popular?

În lumea digitală, NFT-urile (Non-Fungible Tokens) au câștigat rapid popularitate, devenind simboluri ale artei digitale, ale colecționabilităților și ale inovației blockchain. Dar ce anume contribuie la popularitatea unui NFT? În acest articol vom explora factorii cheie care pot transforma un NFT într-un succes, de la raritate și unicitate până la comunitate și utilitate. 1. Raritate și…

[untypicable]

NFTs: What Are They, and Why Do They Still Exist?

Non-Fungible Tokens, or NFTs, are the internet’s latest attempt to make the over-30 crowd feel like they’ve wandered into a university lecture about quantum physics. Allegedly, they’re digital assets stored on the blockchain—whatever that means—representing ownership of art, music, videos, or, in some cases, absolutely nothing. Yes, you too can own a digital drawing of a monkey for the price of a…