NFTs
NFTs died a slow and painful death in 2023 as most are now worthless
Bored Ape Yacht Club NFTs are no longer worth what they once were
world/Alamy
The world went crazy with digital drawings of primates in 2022. In 2023, we got bored.
Non-fungible tokens, or NFTs, were touted as a revolutionary technology that would change the concept of ownership – and, more broadly, the global economy. These digital property identifiers are stored on the blockchain, the same technology that underpins cryptocurrencies as Bitcoinbut for most people the phrase brings to mind strange images sold at high prices.
…