CryptoPunks get punked
A new report shows most NFTs are worthless. This won’t change.
During the peak of the 2021 crypto boom, Gary Vaynerchuk, an entrepreneur famous on social media, bought a non-fungible token (NFT) of an ape wearing an orange hat for $5.9m. Two years later, it was worthless. A report from dappGambl, a crypto-gambling platform, shows this is the norm. Their research demonstrates that 95% o…