Sorry, didn’t mean to upset you. I just took an opportunity to point out one of the not often (enough) acknowledged/admitted part of reality associated with "collecting" high(?) value items, including antique/classic/exotic cars, etc., especially considering the affect they might have on perceptions of market values of given items, just as you commented/referred to these "NFT" cartoons, which again IMO shouldn't be even discussed along with Ferraris, vintage or modern, but hey, what can I do, not my forum.
All Five(5) lots now show on the RM web site as NOT sold. I guess some people (not the auction house) do still have brains and saw how absolutely stupid it was to try to sell something like those.
I know, the idea of investing in an NFT is an absurd notion to me. I wish in knew what the bids, if any, were. Everybody I knew at RM is now at Broad Arrow so I guess I’ll never know.
I guess nothing more has been learned about this embarrassment. In general, NFTs seem to have all but disappeared from the spectrum of investments, and deservedly so. I wonder who was still standing when the music stopped.
I just read an article on Outkick that estimates that 95% of NFTs now have no value. That reminded me of the Modulo NFT and how there seems to be a cloak of silence over it. I’m especially chuckling over the bit of fluff italicized in the RM Sotheby’s catalog, below…. Image Unavailable, Please Login
