He added the aim was to “evolve beyond vicious speculative cycles” by “bringing in intrinsically motivated users,” solving real problems and releasing products with a market fit.The parent company of famed porno magazine Playboy has disclosed significant losses on the Ether holdings it earned from an NFT collection it launched in late 2021.on March 18, PLBY Group said it took an impairment loss of $4.
“The market price of one Ethereum in our principal market ranged from $964 - $3,813 during [2022],” the firm wrote. “But the carrying value of each Ethereum we held at the end of the reporting period reflects the lowest price of one Ethereum quoted on the active exchange at any time since its receipt.”
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