NFT market held back by oversupply, greed and bad projects: Gary Vee
The number of celebrities, brands and artists that hopped on the NFT bandwagon was bound to cause supply and demand issues, said the Vee Friends creator.
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Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
Solana NFT volume surged to $130 million in September and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us.
Many NFT projects lack adequate smart contract testing, says nameless founder
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract.
Nifty News: Snoop Dogg and Gary V have $95M in NFTs, Dolly Parton’s Dollyverse and more…
Popular K-Pop singer Sunmi faced a backlash after launching NFTs, Valve CEO Gabe Newell has boldly praised NFT tech while ragging on people in the space, and Dolly Parton launched…