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Comment by thih9

In case someone is curious, NFTs were tradeable tokens popular for a short while in the early 2020s.

> Initially pitched in 2017 as a new class of investment asset, NFT trading increased from US$82 million in 2020 to US$17 billion in 2021. Its market was occasionally compared to an economic bubble or a Ponzi scheme. In 2022, the NFT market collapsed; a May 2022 estimate was that the number of sales was down over 90% compared to 2021. By September 2023 one report claimed that over 95% of NFT collections had zero monetary value.

https://en.wikipedia.org/wiki/Non-fungible_token

/s

parent thih9 2 months ago

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