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2023: NFTs go from hero to zero

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NFTs are digital works that exist solely in the digital space, most commonly in the form of digital artworks, music or videos.

NFTs are digital works that exist solely in the digital space, most commonly in the form of digital artworks, music or videos.

PHOTO: TZ APAC

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SINGAPORE – The majority of non-fungible tokens (NFTs) are now worthless – or are they?

September was rife with headlines from media outlets such as Business Insider and Bloomberg reporting that 95 per cent of NFTs were worth nothing.

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