NFTs are ‘totally worthless’ says mainstream media, community responds
A community member highlighted the drastic shift in mainstream media narrative, sharing a previous article promoting the BAYC NFT collection. Mainstream media outlet Rolling Stone has declared that nonfungible tokens (NFTs) are “finally totally worth less,” citing the results of a DappGambl study on the “evolving landscape” of NFTs. The study found that as many as 95% of NFTs (owned by more than 23 million investors) have no value at all. The response from the community has been varied, with some agreeing with the report and others linking previous reports from the outlet that supported the same NFTs they’ve now called out. In a Reddit thread, most of the comments agreed with the report. Some called NFTs the “worst things to emerge from crypto,” and others claimed that they were “ worth less ages ago.” Despite this, a community member believes that, while they may be worth less now, this may change in the future. “Some will make a comeback. Some will go up 1000% because bull. Peop...