Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.
pavnilschanda @ pavnilschanda @lemmy.world Posts 5Comments 157Joined 2 yr. ago

pavnilschanda @ pavnilschanda @lemmy.world
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Does anyone else think that NFTs are an allegory/miniature version of how art is easily commodified by capitalism? IIRC, NFTs were there to help finance artists who work on a purely digital medium, but then grifters coopted the NFT space and try to sell sets of same-looking artwork. Complete with "fandoms" and drama, as well.