Value Of John Terry's NFT Collection Plummeted By 90%!

Ashley Cole and Tammy Abraham deleted their endorsements of John Terry's 'Ape Kids Football Club' NFTs. Non-fungible tokens (NFTs) are a type of digital asset based on blockchain technology, used to power cryptocurrencies like Bitcoin and Ethereum. The Ape Kids Club tokens have lost value since their first public offering. Many of the endorsements from top footballers, including those from John Terry and Didier Drogba, have been removed. The value of the tokens has steadily declined in the five weeks since they originally traded.

AKFC tokens will be able to participate in the 'AKFC World Cup,' according to the AKFC page on OpenSea. This means that a large sum of money has been transferred from those who purchased NFTs at high initial prices to a group of those who "minted" them.