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submitted 1 year ago* (last edited 1 year ago) by LeanFemurs@lemmy.world to c/leopardsatemyface@lemmy.world

The Sotheby's auction house has been named as a defendant in a lawsuit filed by investors who regret buying Bored Ape Yacht Club NFTs that sold for highly inflated prices during the NFT craze in 2021.

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[-] patachu@lemmy.world 23 points 1 year ago

I just checked in on how NBA Topshot (basically sports highlight NFTs) are doing and apparently they are still finding greater fools.

[-] kameecoding@lemmy.world 16 points 1 year ago

they are only greater fools if they come from the greater fool plains of the US, otherwise it's just sparkling bagholders.

[-] Zetta@mander.xyz 0 points 1 year ago

To be fair what people value something at, is what makes it valuable or not. It's not really a delusion and just what some people think, so that makes it true

this post was submitted on 17 Aug 2023
1022 points (98.3% liked)

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