The NFT Ecosystem Is A Disaster ~ Wash Trading Volume

For the past year, as NFTs have breached spectacular and speculative heights, we’ve seen a growing amount of skepticism. The most recent wave was touched off by @ by Canadian media critic Dan Olson that condemned NFTs and other blockchain-based technologies as fundamentally broken and unworkable. In just over a week, it’s garnered more than 3 million views on YouTube. Regardless of your perspective on the video, it’s hard to deny that there’s a lot of bullshit percolating around NFTs. Even [email protected]/88gqe5/they-love-bitcoin-but-think-crypto-is-a-scam. And despite what the loudest NFT boosters insist, the beatings have continued and morale has not improved. 

https://www.vice.com/en/article/xgdvnd/the-nft-ecosystem-is-a-complete-disaster

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