this post was submitted on 05 May 2022
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Technology

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The sale of nonfungible tokens, or NFTs, fell to a daily average of about 19,000 this week, a 92% decline from a peak of about 225,000 in September, according to the data website NonFungible.

The number of active wallets in the NFT market fell 88% to about 14,000 last week from a high of 119,000 in November. NFTs are bitcoin-like digital tokens that act like a certificate of ownership that live on a blockchain.

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[–] rysiek@szmer.info 4 points 2 years ago (1 children)

Also, can't wait for the galaxy-brain comments from crypto aficionados explaining how the banking sector is a scam, as if that was relevant here.

[–] overflow64@lemmy.ml 1 points 2 years ago

For the last time since you’re so thick headed I do not care whether or not someone of their own free will chooses to buy/not buy something but I am opposed to the labelling of any item as a scam/predatory that a person buys voluntarily it is not my/anyone’s duty to label the purchase of something that we don’t like as a scam and I was simply using banks as an example to point out the absurdity of this idea that something should be labelled a scam simply due to my personal dislike of such a thing