nft Archives - CoinObserver.net

Bored Ape Yacht Club NFT Sold, Marking Significant Depreciation

Sasha Mednikova4 months ago4 months ago04 mins

Bored Ape Yacht Club #9258, previously under the ownership of renowned American comedian Kevin Hart, has recently changed hands for approximately 13.26 ether ($46,200). This transaction unfolded today on Blur, a non-fungible token exchange platform, following several exchanges over the weekend. The sale, notably, reflects a substantial decrease in value compared to Hart’s initial investment…

NFTs: Worthless or Valuable?

OarSmaN E.E.10 months ago10 months ago08 mins

Mainstream Media Weighs In Rolling Stone, a mainstream media outlet, recently published a scathing article on non-fungible tokens (NFTs), declaring them “finally totally worthless.” The article cited a study by DappGambl, which found that as many as 95% of NFTs have no value at all. The study, which analyzed over 1 million NFT collections, found…