To make sure, there may be loads of meat right here and the headline isn’t utterly mistaken, a minimum of judged by the unfastened requirements of headline writers. It’s kind of true that the majority NFTs are, certainly, nugatory. The research discovered that, out of a pattern of 73,257 NFT collections, 69,795 have a market cap of zero ETH. That’s 95% of the full, which is nearly “all” of them. The research says that 23 million folks now maintain NFTs with no worth, which is actually robust for these traders.