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bif

(26,363 posts)
Mon Oct 6, 2025, 04:07 PM Oct 6

Where have all the NFT offers gone?

I remember when I opened an IG account, I'd get offers daily for NFTs for my paintings. Now I don't think I've had one in at least a year. Did the scammers finally wise up? Anyone else notice this?

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FalloutShelter

(13,927 posts)
1. Artists started rejecting the "offers" and
Mon Oct 6, 2025, 04:10 PM
Oct 6

magic beans don't have a great shelf life.

I have also noticed the NFT desert, but I put a NO NFT announcement in my Insta Bio... so there's that, I guess.

bif

(26,363 posts)
2. Mine says "No NFTs" as well
Mon Oct 6, 2025, 04:12 PM
Oct 6

But it never seemed to deter the idiots. Now i'm inclined to remove it.

SWBTATTReg

(25,801 posts)
3. NFTs aren't regulated or anything like that, I think. So in effect, it's a worthless token that they (the issuers of
Mon Oct 6, 2025, 06:46 PM
Oct 6

the NFTs) attempted to gain value (the items in question purchased by the NFTs) w/o really paying anything.

In effect, it's like me saying a Kleenex I grabbed out of the tissue box is worth something simply because I declared it to be worth something.

It's like picking up a scrap piece of paper off the floor and stating that it's worth ten bucks $10.

Try to buy something w/ that scrap piece of paper later, you'll find that most people won't see it valued at $10.

They're trying to create their own money w/o creating value or something like the US Dollar is.

bif

(26,363 posts)
4. I'm aware of what NFATs are.
Tue Oct 7, 2025, 01:15 PM
Oct 7

Or aren't, actually. I'm just surprised the scammers offering them to folks like me have disappeared. Not that I'm disappointed or anything.

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