"NFTs have earned a rather bad reputation for themselves... cases like Jack Dorsey's first tweet, which was sold for 2.9 million USD in 2021 and then later revalued at 280 dollars recently - a 99% loss."
"The NFT market has seen a dramatic decline in interest and value, with many NFTs now considered virtually worthless. Reports indicate that individuals have lost substantial amounts-some up to $5 million-due to the drastic drop in NFT values across various collections."
"The volatility of NFTs is exacerbated by questionable ICOs and tokenizing items with no intrinsic value. How would markets react if there were No token launch, Limited cryptocurrency involvement, Assets of actual value, and Almost no volatility?"
"Microtransactions have the potential to change the profits of content creation forever! To bring power to the creators, all digital content/assets... should be properly recognized and monetized through blockchain technology."
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