I knew people (well one person; in my developer meetup group) that went deep on the NTF craze, like has an spe avatar unironically, spent a bunch on NFTs, and if they’re telling the truth made bank off of them.
It’s pretty disappointing. I wonder whose money they took.
Again, probably some of it is real, and that’s the segment people who made money dealt with. I think of it as a sort of gambling; your acquaintance won a gambling game, someone else lost. Possibly there were some overly wealthy people buying them for status, or maybe that’s just a myth. But the point is, most NFTs themselves aren’t part of that at all, were never a part of any real market, so doing analysis on them is going to be misleading.
I knew people (well one person; in my developer meetup group) that went deep on the NTF craze, like has an spe avatar unironically, spent a bunch on NFTs, and if they’re telling the truth made bank off of them.
It’s pretty disappointing. I wonder whose money they took.
Again, probably some of it is real, and that’s the segment people who made money dealt with. I think of it as a sort of gambling; your acquaintance won a gambling game, someone else lost. Possibly there were some overly wealthy people buying them for status, or maybe that’s just a myth. But the point is, most NFTs themselves aren’t part of that at all, were never a part of any real market, so doing analysis on them is going to be misleading.