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<\/p>\nMainstream media outlet Rolling Stone has\u00a0declared that nonfungible tokens (NFTs) are \u201cfinally totally worthless,\u201d citing the results of a DappGambl study\u00a0on the \u201cevolving landscape\u201d of NFTs. The study found that as many as 95% of NFTs (owned by more than 23 million investors) have no value at all.<\/p>\n
The response from the community has been varied, with some agreeing with the report and others linking previous reports from the outlet that supported the same NFTs they\u2019ve now called out.<\/p>\n
In a Reddit thread, most of the comments agreed with the report. Some called NFTs the \u201cworst things to emerge from crypto,\u201d and others claimed\u00a0that they were \u201cworthless ages ago.\u201d Despite this, a community member believes that, while they may be worthless now, this may change in the future. \u201cSome will make a comeback. Some will go up 1000% because bull. People will get mad again that pixels are worth millions,\u201d they wrote.<\/p>\n
On X, a community member shared a previous Rolling Stone article promoting the Bored Ape Yacht Club (BAYC) NFT collection in an attempt to highlight the change in narrative within the media outlet.<\/p>\n
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Meanwhile, another community member believes that when mainstream media shares these types of posts, a \u201creversal\u201d is bound to happen, while another backed up the statement by saying that \u201cnow is the time to buy.\u201d<\/p>\n