Article 616GB Can ‘chief vibes officers’ and NFT influencers keep things positive amid the crypto collapse?

Can ‘chief vibes officers’ and NFT influencers keep things positive amid the crypto collapse?

by
Wilfred Chan
from Technology | The Guardian on (#616GB)

Maintaining a feelgood atmosphere is now a job aimed at keeping prospective investors interested - and distracting holders from a troubled market

Don't call it a collapse - it's just a vibe shift.

Since January, the market for non-fungible tokens (NFTs) has been locked in a downward spiral, with sales on one popular platform falling to less than one-seventh of their January peak, and the buyer of the so-called Mona Lisa of the digital world" - a $2.9m NFT of Jack Dorsey's first tweet - being forced to sell for just $6,800.

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