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-0.00023732675147148 -0.00023732675147148 -0.000450920827795704 -0.000996772356180026 0.000427188152648583 0.00382096069868999 0.00191598632997913 -4.7465350294242E-05
Stock impact report

Nike quietly says goodbye to NFT arm [Yahoo! Finance]

Dick's Sporting Goods Inc (DKS) 
Last dick's sporting goods inc earnings: 3/10 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.dicks.com
Company Research Source: Yahoo! Finance
This is a quiet end to an acquisition that once symbolized the company's ambitious metaverse plans. Related: Are NFTs a Good Investment? NFTs are unique digital assets stored on a blockchain , representing ownership or proof of authenticity for items such as art, music, collectibles, videos, or virtual goods. Unlike cryptocurrencies like Bitcoin (BTC) or Ether (ETH), which are interchangeable, each NFT has distinct metadata that makes it one of a kind, hence “nonfungible.” NFTs became mainstream in 2021 as artists, brands, and game developers began selling digital items verified on networks like Ethereum. However, their popularity has declined due to market saturation, falling resale values, and waning speculative interest. Scams, environmental concerns, and shifting investor focus toward AI and real-world assets (RWAs) have further dampened demand. Many projects failed to deliver lasting utility, leading to reduced confidence and lower trading volumes. Maple Finance CE Show less Read more
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