I’ve been busy lately writing stories for Artnet News about NFTs and the NFT market. These stories aren’t paywalled, so you can read them: 

Fat Finger’ Errors or Bad Investments? Here Are 10 NFTs That Were Sold at a Substantial Loss as Crypto Markets Have Cooled [Artnet]

I looked at 10 NFTs that sold for a massive loss. Would it surprise you to know that several of them were Bored Apes? Lots of fat finger listings amongst the Apes. 

‘It’s Probably Gonna Be a Huge Cry Fest’: Plunging Crypto Markets Cast a Shadow Over NFT.NYC and Its Jittery True Believers” [Artnet]

This market analysis piece has quotes from NFT archeologist Adam McBride and investor Francis Kim. 

You may remember Kim — the Australian who lost a bunch of money margin trading on Binance and was written up in the Washington Post. Now he’s launching an NFT project while the crypto markets are crashing. He hasn’t made any money yet. 

“I feel like a victim in every story,” he told me.

‘I Am Very Sorry’: Takashi Murakami Apologizes to His Crypto Investors on Twitter as His NFT Prices Nosedive [Artnet]

Japanese artist Takashi Murakami tells his fans that he is so very sorry his flower NFTs aren’t going up in price. He is so sorry, in fact, that he is launching a new NFT collection. Maybe he’ll be double sorry? [Artnet]

One thought on “‘10 NFTs That Were Sold at a Substantial Loss,’ and two other stories for Artnet News

  1. Considering the existing market for Takashi Murakami’s actual art, I feel like his NFTs could have gone over a lot better if they had been linked to the paintings he made to go with them. That said, $1,100 for a digital Kaikai Kiki sticker is still hundreds of times higher than the price for a physical one.

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