Financial Advisor Jayson Thornton, CFP — REACTS — 95% Of NFTs Are Worthless, And The Ones That Aren’t Have Plummeted In Value. There have been any number of stories recently that have cast a negative light on the world of NFTs.
Now, a study from blockchain analysts Dappgambl has painted an even uglier picture of the larger state of the once-hyped digital commodities and says that as many as 95% of the tokens are entirely worthless. Researchers looked at 73,257 NFT collections that once had a collective trading volume of around $17 billion and found that 69,795 of them, about 95%, now have zero market value.
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