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.

  • @patachu@lemmy.world
    link
    fedilink
    English
    2311 months 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
      link
      fedilink
      English
      1711 months 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
        link
        fedilink
        English
        011 months 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