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SINGAPORE: In November 2021, Singaporean singer JJ Lin purchased three digital properties in a 3D world referred to as Decentraland. This can be a metaverse whereby individuals should purchase digital numerous land as non-fungible tokens (NFTs).
It has been reported to the media that every digital property had value him round US$30,000 every.
JJ Lin posted on his Twitter account this enterprise of his with a caption: “from apes to punks to metaverse land… who’s with me?”
from apes to punks to metaverse land… who’s with me?#metaverse #nft pic.twitter.com/1ucyJkxU6B
— JJ Lin (@JJ_Lin) November 23, 2021
Nonetheless, it has not too long ago come to the eye of netizens that JJ Lin’s investments haven’t grown but, resulting in trending within the information that he suffered a ‘digital actual property devaluation of 91 p.c’ on Weibo solely this yr.
As reported by AsiaOne, the singer responded on the mentioned Weibo submit with a photograph of his empty pockets with a caption: “I hear many individuals have been wanting to assist me with my monetary administration not too long ago!”
As the identical native information outlet reported, the actual property value per sq. meter on Decentraland has suffered a large drop from US$6,000 in 2021 to US$5 in 2023. Given this unlucky and sudden loss, the singer’s funding is way lower than US$10,000.
JJ Lin doesn’t appear to be bothered by it although.
Different followers have jokingly remarked to JJ Lin: “You’ve simply misplaced a toy, what else are you able to say?”
Some additionally thought that he would have forgotten all about it and the cash if that they had not reminded the singer of his digital properties.
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