What began as a jovial conference celebrating crypto culture and flashy nonfungible tokens this weekend ended with multiple attendees in a hospital believing they were going blind.
There’s been a lot of talk recently about NFTs, mainly that the vast majority of them are now damn near worthless.
The crumbling crypto empire that tech bros everywhere once hyped up has now claimed another victim. Nathaniel Chastain, former Head of Product at leading NFT marketplace OpenSea, has been sentenced to three months in prison for insider trading.
Even with the inclusion of collectibles from the Nickelodeon, Paramount, and Hello Kitty back catalogs, the NFT platform Recur is calling it quits after several years of pumping the internet full of monetized images of The Godfather’s similarly ineffective Fredo.