Small rumor from private talks.
Some major tech sites, channels and blogs, including at least 2 cameras related are advised to write at least 1-2 times a week about NFT.
SEO and PR guys they work with or sponsors are standing behind.
Of course, they can choose not to do it - but it will have consequences as they had been told.
According to the analytical group Chainalysis, which researches the cryptocurrency market, as of December 15, 2021, the volume of the NFT market was $ 40.9 billion. For comparison, UBS and Art Basel estimated the world art market at $ 50.1 billion at the end of the year. Analysts Chainalysis found that the popularity of NFT has attracted a huge number of small investors from around the world to the cryptocurrency market.
You can now openly see that largest corporations and sites are pushing this open scam.
I had to google NFT.
https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq
It's the digital equivalent of using dollar bills as toilet paper.
I can elaborate on your definition.
It is like get all the books and money in your house, burn them in the center of your home. And later artfully use ash to increase value of your property.
A few days ago, a curious article came out on the Read Max blog. It turns out that quite a few of these celebrity NFT evangelists are, oddly enough, working with the Creative Artists Agency (CAA), which in turn has a stake in OpenSea, an NFT marketplace currently valued at around $13 billion.
https://maxread.substack.com/p/mapping-the-celebrity-nft-complex
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