The market for NFTs has been steadily plummeting in recent months. So much so that most of these non-fungible tokens now have virtually zero value, according to a recent study
It wasn't so long ago that NFTs were being heralded as a mini revolution in the worlds of art and finance and were regularly being snapped up for record sums. But the market for NFTs—blockchain-backed certificates of digital ownership—has been steadily plummeting in recent months. So much so that most of these non-fungible tokens now have virtually zero value, according to a recent study.