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Twitter CEO Dorsey's first tweet sells as an NFT for $2.9M

'When are you getting the Lamborghini?' This is how the NFT market is surviving after promising millions to its investors | Technology

The technology that allows for the creation of unique works gave an enormous boost to digital art. Nowadays, however, NFTs are dealing with malaise and waiting for better times

The NFT Revolution: Worthless Fad Or Web3's Future?

In March 2021, crypto entrepreneur Sina Estavi made headlines globally when he spent $2.9m on a non-fungible token (NFT) of the first tweet from the former Twitter boss Jack Dorsey. Fast forward to 2023 and The Guardian and other platforms are reporting .

Business.Scoop » The NFT Revolution: Worthless Fad Or Web3's Future?

Business Scoop provides news and views on Business and Markets from New Zealand

A majority of NFTs now estimated to be worthless

The two most traded sets of NFTs are the Bored Apes collection created in April 2021 and the CryptoPunks collection launched in June 2017.