Study suggests 95% of NFT collections are worthless
Study suggests 95% of NFT collections are worthless
dappgambl.com 95% of NFTs are Dead - Trends, Predictions & Statistics 2023
Are NFTs (Non Fungible Tokens) dead? Maybe so. We analysed over 60.000 NFTs to find out which ones are still valuable.
![95% of NFTs are Dead - Trends, Predictions & Statistics 2023](https://lemmy.blahaj.zone/pictrs/image/0f0e1ec2-409e-4f82-8ff7-81e630305d63.png?format=webp&thumbnail=256)
Of the 73,257 NFT collections we identified, an eye-watering 69,795 of them have a market cap of 0 Ether (ETH).
This statistic effectively means that 95% of people holding NFT collections are currently holding onto worthless investments. Having looked into those figures, we would estimate that 95% to include over 23 million people who’s investments are now worthless.
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