this post was submitted on 21 Sep 2023
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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless. (markets.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

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[–] eestileib@sh.itjust.works 10 points 1 year ago

Yellow, shiny, and untarnishable/non-poisonous. The latter are very nice properties to have for jewelry, as your skin will eat away most metals over time.

People like looking pretty, that has consistent value other than using it as a medium of exchange/ store of value.