Most of us here in this sub have bought or minted an NFT at least once. Some have profited, some (like me) kept holding onto them to $0.
It made me wonder how many NFT collections are in existence and how many of them are even worth anything! So I stumbled upon a recent report from dappgambl which had some really good stats.
As per the report based on 73257 NFT Collections:
69795 collections have a market cap of ZERO which roughly translates to 23 million investors being rekt.
Only 21% of the collections even managed to sell out. That’s like 4 out of every 5 collections didn’t sell out.
Less than 1% of the Collections have a floor price of over $6000.
These stats kinda remind me of the dot com bubble where only a few companies actually managed to sustain.
Did you get rekt or made a profit from NFTs? And which NFT project were you convinced would make it to the moon?
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