this post was submitted on 11 Mar 2026
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From millions of dollars to under a grand: The dramatic fall of the NFT (english.elpais.com)
submitted 1 day ago by NomNom@feddit.uk to c/technology@lemmy.world
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[–] captainlezbian@lemmy.world 3 points 6 hours ago

My favorite bit was how basically none of the NFTs included copyright ownership. Like, if it was a quick and easy way to publicly deal in copyright ownership, maybe pointing to a .gov site showing the transfer of ownership to the holder of that specific nft then it would actually be useful and maybe even worth something. But nah, they were treating digital assets like physical paintings and hoping rarity of an infinitely copiable object was value.