Disney, with depressed stock, a high-profile attack from an activist investor and succession concerns, has embarked on a speculative NFT investment.
Disney Pinnacle, a ‘digital pin and trading experience,’ was launched last month to offer fans the chance to buy and sell Disney, Pixar and Star Wars character NFTs.
These ‘non-fungible tokens’ are digital images which are given unique identification codes using blockchain – the same technology behind cryptocurrency – allowing them to be held as assets and traded online.
This is desperate and or just plain evil. NFT’s were a grift from the get go.
