Posadas [he/him, they/them] to chapotraphouse • edit-29 months agocommodity_fetish.jpegimagemessage-square76 fedilinkarrow-up1141file-text
arrow-up1141imagecommodity_fetish.jpegPosadas [he/him, they/them] to chapotraphouse • edit-29 months agomessage-square76 Commentsfedilinkfile-text
minus-squareGalli [comrade/them]hexbear16·9 months agoThe "value" of the NFTs was tied to the value of the coins (almost always etherium) on the chain on which they were minted. The hammer came down on FTX which was the primary company propping up the bezzle bringing down the hanger-on scams with it. link
minus-squareBartsbigbugbag@lemmy.mlhexbear9·9 months agoEth is actually not far off from its all time high value im pretty sure. FTX was just one of many hype bros scamming. linkfedilink
minus-squarehauntologist [comrade/them,he/him]hexbear7·9 months agoSo they really are all worthless now? After all that? If so... link
The "value" of the NFTs was tied to the value of the coins (almost always etherium) on the chain on which they were minted. The hammer came down on FTX which was the primary company propping up the bezzle bringing down the hanger-on scams with it.
Eth is actually not far off from its all time high value im pretty sure. FTX was just one of many hype bros scamming.
So they really are all worthless now?
After all that? If so...