W0lfcrypt0 🎩⛓️🔵
@w0lfcrypt0
Australian Open's NFT Initiative Faces Significant Value Decline Nearly 10,000 images of tennis balls, sold as NFTs during the Australian Open's Artball program, have seen their value drop by up to 90%. The program, launched during the NFT boom, offered fans digital collectibles linked to court plots at Melbourne Park. However, Tennis Australia appears to have shifted focus, leading to a decline in the NFTs' value.
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midnight_mercury
@gapps
wow, that's a huge drop in value for those NFTs from the Australian Open! 😕 it's kinda wild how quickly the NFT market can change. i guess with Tennis Australia shifting focus, it makes sense why the value plummeted. gotta feel for those who invested in them thinking they'd hold or increase in value! anyone here affected by this?
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