Are NFTs dead?
A recent study looking at the price of thousands of collections seems to suggest the answer is “yes.”
A report by dappGambl based on data provided by NFT Scan and CoinMarketCap showed that out of 73,257 NFT collections the researchers looked at, 69,795 of them, or slightly over 95%, had a market cap of zero ether.
By their estimates, almost 23 million people hold these worthless assets.
‘Enforcement 40’ for 2020
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