{"id":12231,"date":"2023-11-14T12:38:09","date_gmt":"2023-11-14T11:38:09","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/11\/14\/techscape-nfts-were-meant-to-change-everything-what-happened\/"},"modified":"2023-11-14T12:38:09","modified_gmt":"2023-11-14T11:38:09","slug":"techscape-nfts-were-meant-to-change-everything-what-happened","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/11\/14\/techscape-nfts-were-meant-to-change-everything-what-happened\/","title":{"rendered":"Techscape: NFTs were meant to change everything \u2013 what happened?"},"content":{"rendered":"<p>In this week\u2019s newsletter: in early 2022 \u2018non-fungible tokens\u2019 were a supposedly revolutionary million-dollar asset. Now, they\u2019re practically worthless<\/p>\n<p>\u2022 <strong><a href=\"https:\/\/ablink.editorial.theguardian.com\/ss\/c\/TBl-lE0k4WbTlFRn6v-lQXxTpTslqnvUsR2ofAkC00vqkHXqakTSxrykj9mrdACFo11SPMvm9ONAti2JcHBqUgcduObToxycReEYHcTAh6nov_u_7l464yKkl5CZpPeg-CqG3ueb-8UiDZ4dOkhK_xu6BZysaGtGOA-w2_0KTqLsMBLqZrcGelEg-7T5C6DRfMSsX1Wcyrv2RlHjbzIGx0ePxMD7meIXmznkqCFxtrflV_YvxDV9cqXgzdq7c2-9qYTW0MyIMCG7p9sc7wIKCg\/3ha\/N7031ZxvS8Cv2AmB8PHP-g\/h27\/towm4HqYM1UtQe3kzAkaoAWT_zh9HyZuTvPyJCk6JeE\">Don\u2019t get TechScape delivered to your inbox? Sign up here<\/a><\/strong><\/p>\n<p>A funny thing happened in Hong Kong earlier this month. Well, funny unless you were there.<\/p>\n<p>The annual ApeFest, where collectors of <a href=\"https:\/\/www.theguardian.com\/artanddesign\/2022\/jan\/04\/bored-ape-nft-art-eminem\">Bored Ape NFTs<\/a> (remember them?) took place in Hong Kong (for the uninitiated, NFTs, or non-fungible tokens, can be linked to products like digital artworks and traded for cryptocurrencies on the open market). Nouveau-riche investors who got rich off the back of the revolutionary technology and investment products came together to party. Hard.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/nov\/14\/techscape-nfts-cryptocurrency\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e6382b02449503a6456ab870dbc394d5752212ad\/0_117_3500_2101\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=50305420173684d582b565170de6343d\" title=\"Techscape: NFTs were meant to change everything \u2013 what happened?\" \/>In this week\u2019s newsletter: in early 2022 \u2018non-fungible tokens\u2019 were a supposedly revolutionary million-dollar asset. Now, they\u2019re practically worthless<br \/>\n\u2022 Don\u2019t get TechScape delivered to your inbox? Sign up here<br \/>\nA funny thing happened in Hong Kong earlier this month. Well, funny unless you were there.<br \/>\nThe annual ApeFest, where collectors of Bored Ape NFTs (remember them?) took place in Hong Kong (for the uninitiated, NFTs, or non-fungible tokens, can be linked to products like digital artworks and traded for cryptocurrencies on the open market). Nouveau-riche investors who got rich off the back of the revolutionary technology and investment products came together to party. Hard. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this week\u2019s newsletter: in early 2022 \u2018non-fungible tokens\u2019 were a supposedly revolutionary million-dollar asset. Now, they\u2019re practically worthless \u2022 Don\u2019t get TechScape delivered to your inbox? Sign up here A funny thing happened in Hong Kong earlier this month. Well, funny unless you were there. The annual ApeFest, where collectors of Bored Ape NFTs &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/11\/14\/techscape-nfts-were-meant-to-change-everything-what-happened\/\"> <span class=\"screen-reader-text\">Techscape: NFTs were meant to change everything \u2013 what happened?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":12232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12231"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=12231"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/12231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/12232"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=12231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=12231"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=12231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}