Hi, what are you looking for?
Here is the Pixel 6a: the best smartphone at a low price?
Qualcomm Snapdragon X70: new functions for the 5G RF-modem
Google Celebrates I / O 2022 With A Browser Pinball Machine | Free and open-source
Apple AirPods Pro 2 and AirPods Max in new colors already in autumn?
Why is the European Commission attacking Apple Pay?
Microsoft goes all out on Android to counter Apple
Windows 11 does not grow: disappointing spread even in April
Microsoft Edge Dev, latest version makes life easier for those who use multiple profiles
Microsoft Surface Go 3, also available in matt black from 11 January 2022
Microsoft Surface Trio: Patent shows a smartphone with three screens
The Dell XPS 13 Plus, with news of CES 2022, is available in Italy
Nokia PureBook Pro, Apple Influenced Brand Notebook Coming | Prices
Acer Swift 5 2022, 16:10 displays and Alder Lake arrive. Swift 3 remains 16: 9
Realme Book Prime warms up for launch in Europe | Rumor and specs
Samsung Galaxy Book Pro 2 360, the first renderings are leaked
Instagram notifies print made in DM
Spotify Island and Roblox bring new music experiences to players: K-Pop will be the first
Festival Mode is coming to Tinder for live meetings before a concert
Snapchat, all the news presented at the Partner Summit 2022
Telegram Premium, exclusive reactions and stickers in the paid version
WhatsApp, a faster way to reply to desktop messages is coming
WhatsApp Desktop continues to evolve: new features for chats
How to protect WhatsApp chats that are saved in Google Drive or Apple iCloud
WhatsApp will add a new button to pause voice memo recordings
How to join WhatsApp group video calls already started
Facebook redesigns its ads infrastructure to send targeted ads on iOS
Closing Facebook and Instagram in Europe? Zuckerberg would not forbid it, and the reason is simple!
These figures show that Facebook is losing daily users
Meta: You’re not ready for 3D avatars on Facebook and Instagram
Messenger: message encryption (opt-in) is available for everyone
Telegram Premium, exclusive reactions and stickers in the paid version
Telegram urged users not to believe all the information circulating on the platform
Telegram update brings reactions to messages, translations, spoilers and more
Telegram wins 70M new users through WhatsApp outage
New features at Telegram: Unlimited video calls and more at Telegram new update
ASUS announces ZenScreen Go: the portable monitor goes wireless
What is Birdwatch, Twitter’s initiative to combat misinformation
Twitter will bet on creating podcasts tab
Twitter is testing an already controversial new DM feature
Twitter Articles: towards a new long format for the microblogging platform?
Many of them are based on Ethereum and are being traded on the platform Open Sea. Although most crawl on the ground, there are exceptions like Bored Ape and CryptoPunk that have managed to gain a foothold in their customers and market.
Business Insider notes that only 1% of NFTs were traded for more than $1,500, while 75% sold for less than $15.
Note that to find out the selling price of an NFT There is a model that considers 3 factors:
– Visual features
– Previous NFT sales
– The popularity of buyers and sellers
Which is related to the fact that the NFTs that have value have been bought or have the occasional investment of world-class personalities such as Madonna, David Backham or are sold to social movements such as the Ukrainian government. Other than that, most are worthless.
These factors are what determine up to 70% of the variability of NFT prices. However, it is still not entirely clear why the non-fungible token business has been showing a significant decline since September of last year, according to figures from Dune Analytics.
In a report of Nansen, the number of NFT buyers was in February and although there are collections that continue to have a high value, the decrease in sales indicates that the public has quickly lost interest in acquiring one of these pieces.
According to WhaleShark, consulted by Xatakaone of the largest holders of NFT, this effect could be assimilated with the Initial Coin Offers (ICO) bubble in 2018, where the money initially flows fast until they realize that the ecosystem is full of “bad apples”.
The ICO was a financing mechanism that uses blockchain, the technology behind Bitcoin or NFTs, to raise funds through the sale of new crypto assets created by a company.
The ICO boom began in the middle of 2017, when the method became a multi-billion dollar industry. By 2018, 55% of the initial offers of crypto assets were not fulfilled. The imbalance led ICORating to conclude that “the quality of the projects in general has worsened significantly”, as larger sums of money flowed into smaller amounts of business.
“Money flows too fast and meaningless,” WhaleShark said of NFTs.
For the moment, the lack of buyers it has cooled the expectations of the market, waiting for the “bubble to burst” that made them grow like foam when artists were interested in acquiring one.
On the other hand, there are those who started selling their NFTs at a lower priceas referred fortune about the case of someone who sold a Bored Ape Yacht Club for $224,000, or about $68,000 less than it cost him. Still, there is no single factor that determines why they lost their value.
