• drath@lemmy.world
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    2 hours ago

    To be fair, there are active buy offers for that one for ~$5k. The $155 figure is a collection offer, meaning someone is ready to buy anything in that collection, no matter how shitty it is. And, at practically zero liquidity (only one of those ever sot sold after minting), the concept of value becomes meaningless, he could accept the offer and take back $5k, he could list it at something like $20k and it’d likely quickly sell, or he could bullshit one of his rich friends to buy it from him for a million… or he could print that out and jerk it off to it, the therapeutic effect of which might be worth millions for his entertainment business, who knows.

  • BilSabab@lemmy.world
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    8 hours ago

    i fucking loved NFT startups in 2021. it was the definition of easy money. I had like 20 clients like that in 2021 alone and it was the shit. the funniest bit is that literally none of these companies or projects were around by the time 2023 started - all wiped out and most of these entrepreneur bros just moved on to do disposable AI startups instead with equally nothingburger results. what’s baffling is that these motherfuckers still manage to raise investments for some bullshit pie in the sky but actual techies with ideas struggle to get a quarter worth of financing even though their ideas actually have legs

  • Tattorack@lemmy.world
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    9 hours ago

    Get fucked.

    We had this ruining the art world right before AI started taking its shot.

    NFTs died miserably.

    Now it’s AI’s turn.

  • m3t00🌎🇺🇦@lemmy.world
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    1 hour ago

    Daniel Tiger is education 🤡 like Clutch Cargo always felt half assed. NFTs like cereal box prizes for playing stupid games. who never screenshot a high score?

    win pinball block ads, i gave up at windows 95 loading. office competition pool paid out on Friday for a high score screenshot.

    • Jackhammer_Joe@lemmy.world
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      10 hours ago

      Who with a clear mind and IQ above 0 would fall for that? Seriously!?

      In Germany, we have a great saying for such stupid people: “As dumb as a five-meter (~5.5 yard) dirt road.”

      • tetris11@feddit.uk
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        5 hours ago

        you don’t grift a shitty product because you think it’s worth something, you grift it because you think someone else will.

        The ones hoarding toilet paper during the pandemic didn’t do so because they thought it was an intrinsically sublime product. They did it for the grift

  • MithranArkanere@lemmy.world
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    11 hours ago

    That scam exists because of all the deregulation. With proper regulation all the people pushing NFTs would have had to pay back all they stole.

  • mapache@programming.dev
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    10 hours ago

    I bought for the first time a few NFTs this year. Basically that was the only way for me to buy FIFA WC26 tickets in the FIFA blockchain.

    • Jackhammer_Joe@lemmy.world
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      10 hours ago

      Humble brag.

      But I wouldn’t support the football-loving corrupt FIFA and the United Divided States with their fascist president dictator, no matter how much I like soccer football

  • prime_number_314159@lemmy.world
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    13 hours ago

    If it was easy to buy, I would pay $5 for this thing, so I could tell the three people in my life that would be amused by my owning it. That’s the floor on the market, for this particular one - so it still has a long way to fall.