this post was submitted on 08 Feb 2024
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[Reuters BreakingViews] Investors will say “OK Boomer” to aging Reddit (www.reuters.com)
submitted 9 months ago by athos77@kbin.social to c/reddit@lemmy.ml
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[...] a dearth of profit this late into its existence portends the lack of a real business model, suggesting it’s still not ready for public company life.

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[–] Crack0n7uesday@lemmy.world 7 points 9 months ago* (last edited 9 months ago)

Everyone knew NFTs were a scam from the beginning, I'm surprised they even attempted it considering it was already so late in the game. It took two things commonly used for money laundering and combined them (art and crypto).