JJ Lin loses nearly 91% in NFT 'real estate', shares photo of seemingly empty wallet

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Would you pay US$90,000 (S$120,000) to buy virtual property in the metaverse? While it would likely be a resounding no from many of us, Taiwan-based Singaporean singer JJ Lin did just that in November 2021. He announced on Twitter that he had bought three virtual properties on Decentraland, a 3D world where users can buy virtual plots of land as...

It seems that the singer's investment hasn't panned out, leading to netizens on Weibo having a field day with the news and trending "JJ Lin's virtual real estate devaluation of 91 per cent" on the platform.

In response, the 42-year-old cheekily posted a photo of his seemingly empty wallet on Weibo with the caption: "I heard many people have been wanting to help me with my financial management recently!" According to Metaverse analysis platform WeMeta, the real estate price per square metre of land on Decentraland dropped from US$6,000 in 2021This means JJ's Decentraland portfolio is worth less than US$8,100 in present time, but he doesn't seem too bothered by it.

Some of his fans on Weibo also considered the purported loss to be a trifling amount to JJ, joking in the comments: "You've just lost a toy, what else can you say?" and "If you hadn't reminded JJ, he would have forgotten about the money.""Who cares about the money, just announce a concert in the mainland !" one comment read.

Source: Entertainment Trends (entertainmenttrends.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Just sell one of his watches that he wears whilst cycling. Should be more than enough to cover his losses.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Did JJ Lin hit back at talk that he lost money in virtual propertySingaporean singer JJ Lin, who invested in virtual real estate in 2021, appears to have hit back at talk that the value of his three plots of land has plummeted by 90 per cent. Lin, 42, posted a photo of a leather wallet on microblogging platform Weibo on Sunday and wrote...
Source: thenewpaper - 🏆 7. / 63 Read more »

Lin’s Braised: Authentic Taiwanese lu rou fan, but Hakka-style from S$4.80Despite it being 2pm and sweltering hot, Lin’s Braised commanded a respectable and never-ending queue of customers at its quaint stall in Dunman Food Centre. Dunman Food Centre is certainly no stranger to well-known and well-loved hawker stalls, boasting popular stalls such as Say Seng Famous Tau Kwa Pau and Dunman Road Char Siew Wan […] The post Lin’s Braised: Authentic Taiwanese lu rou fan, but Hakka-style from S$4.80 appeared first on SETHLUI.com.
Source: YahooSG - 🏆 3. / 71 Read more »

Star Awards 2023: Xiang Yun on a roll as she extends records for Best Supporting Actress and Best Evergreen ArtisteXiang Yun is unstoppable. The veteran actress extended two records of hers at the Star Awards today (April 9) by winning Best Supporting Actress and Best Evergreen Artiste again. This is her fifth victory at supporting actress, which now puts her two ahead of Lin Meijiao. She also has the most nominations in the category with 12. The 61-year-old also...
Source: asiaonecom - 🏆 10. / 59 Read more »

‘Malaysia’s best boss’: Sambal tycoon rewards workers with Hari Raya shopping spree, special bonusThe envelopes he handed out were estimated to each contain around RM3,000 (S$900) in wads of RM50 notes. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

‘Wheel of Fortune’ Fans Furious With Pat Sajak After Contestant Loses $100,000 Prize (Video)Many believe the contestant said the correct answer to a puzzle that was worth a hefty sum
Source: YahooSG - 🏆 3. / 71 Read more »

Did JJ Lin hit back at talk that he lost money in virtual propertySingaporean singer JJ Lin, who invested in virtual real estate in 2021, appears to have hit back at talk that the value of his three plots of land has plummeted by 90 per cent. Lin, 42, posted a photo of a leather wallet on microblogging platform Weibo on Sunday and wrote...
Source: thenewpaper - 🏆 7. / 63 Read more »