October 27, 2022<\/p>\n\n\n\n
By Anjali Kochhar<\/p>\n\n\n\n
While the excitement around NFTs (non-fungible tokens) refuses to fade away, the year 2022 has put digital assets and those who own them under pressure.<\/p>\n\n\n\n
Neymar Jr., the renowned Brazilian footballer, who entered the world of NFTs in January, is currently nursing a loss in his NFT investments owing to the ongoing crypto winter.<\/p>\n\n\n\n
Early this year, Neymar had invested nearly $1 million to acquire two NFTs from the Bored Ape Yacht Club (BAYC) collection and had flaunted one of the apes as his Twitter account profile picture.<\/p>\n\n\n\n
At this time, the Brazilian soccer star\u2019s Bored Apes\u2019 valuation is around $340,000.<\/p>\n\n\n\n
Other big names who have suffered losses with their NFT investments include Eminem, Madonna, DJ Steve Aoki, and Logan Paul, among others.<\/p>\n\n\n\n
Eminem was also allured by NFTs and had forayed into this space. In January, he bought a Bored Ape for around $462,000, which now values at around $140,000.<\/p>\n\n\n\n
DJ Steve Aoki, the popular musician has also suffered losses at the hands of NFTs.<\/p>\n\n\n\n
Logan Paul had purchased an Azuki NFT for $623,000, which now values at a mere $10.<\/p>\n\n\n\n
The initial craze behind these NFTs has plunged. Many people have questioned NFT’s long-term viability. However, only time will tell what lies in the fate of NFTs.<\/p>\n\n\n\n
About the author<\/strong><\/strong><\/p>\n\n\n\n Anjali Kochhar covers cryptocurrency stories in India as well as globally. Having been in the field of media and journalism for over three years now, she has developed a sharp news sense and works hard to present information that goes beyond the obvious. She is an avid reader and loves writing on a wide range of subjects.<\/p>\n","protected":false},"excerpt":{"rendered":" October 27, 2022 By Anjali Kochhar While the excitement around NFTs (non-fungible tokens) refuses to fade away, the year 2022 has put digital assets and those who own them under […]<\/p>\n","protected":false},"author":1,"featured_media":2030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/posts\/2029"}],"collection":[{"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/comments?post=2029"}],"version-history":[{"count":2,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/posts\/2029\/revisions"}],"predecessor-version":[{"id":2032,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/posts\/2029\/revisions\/2032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/media\/2030"}],"wp:attachment":[{"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/media?parent=2029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/categories?post=2029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nftmetta.com\/wp-json\/wp\/v2\/tags?post=2029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}