Kevin Hart Takes Big Loss Selling Bored Ape NFT

• Kevin Hart sold his Bored Ape NFT for 13.65 ETH ($47,000), after buying it for 79.5 ETH ($200,000) in January 2022

• This is an over 80% loss on his purchase of Bored Ape Yacht Club #9258

• A study found 95% of 73,257 NFT collections have zero value, calling investments in them "worthless"

• Justin Bieber's Bored Ape #3001 valued at $59,000 last year after he spent 500 ETH ($1.29 million) on it

• In early 2022 the NFT market rose to $41 billion in sales, led by Bored Ape Yacht Club at $206.4 million