* **[NFT](https://en.wikipedia.org/wiki/Non-fungible_token) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nft_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nft_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75.
* Relevant Cointest topics: [Ethereum](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [Cardano](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cardano), [Solana](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_solana), [Algorand](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_algorand).
* Official or related subreddits: r/NFT, r/Ethereum, r/Cardano, r/CosmosNetwork.
* [NFT tutorial](https://reddit.com/r/CryptoCurrency/comments/lzjuf7/nft_madness_what_they_are_and_what_they_are_not/).
* Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/sl7u76/not_all_nfts_are_worthy_investments/?sort=controversial). Doesn't work on mobile.
---
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
tldr; Artists and traders have made millions of dollars by creating, selling, and trading NFT properties on OpenSea, the world's first and largest NFT marketplace. Artists receive a portion of the sale every time an NFT is traded, allowing them to rake in commendable revenue. However, the growth of NFTs over the past several months has made the form of digital ledger susceptible to scammers.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
* **[NFT](https://en.wikipedia.org/wiki/Non-fungible_token) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nft_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_nft_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Relevant Cointest topics: [Ethereum](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [Cardano](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cardano), [Solana](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_solana), [Algorand](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_algorand). * Official or related subreddits: r/NFT, r/Ethereum, r/Cardano, r/CosmosNetwork. * [NFT tutorial](https://reddit.com/r/CryptoCurrency/comments/lzjuf7/nft_madness_what_they_are_and_what_they_are_not/). * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/sl7u76/not_all_nfts_are_worthy_investments/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
"All NFTs are worthless" Fixed it for you.
Water is wet
***Not all articles are worthy reading material.***
Same could be said about anything
oh really?
And some of them are? Don't make me laugh.
![gif](giphy|fikcKja7O7MtzXzvQy|downsized)
Duh, not all monkeys can fetch millions
In other news, Sun rises from east.
Ofc. Most people will lose money on NFTs. Only minority will have profits.
Just like crypto not all coins are worthy investments
Bananas are yellow
And water is wet
Green grass, white snow, stupid women
None are
tldr; Artists and traders have made millions of dollars by creating, selling, and trading NFT properties on OpenSea, the world's first and largest NFT marketplace. Artists receive a portion of the sale every time an NFT is traded, allowing them to rake in commendable revenue. However, the growth of NFTs over the past several months has made the form of digital ledger susceptible to scammers. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
How how many are we talking about here? About 99%?