Also worth noting. The Bored Ape Yaht Club NFTs (in the thumbnail) were released by 4chan trolls with Nazi symbolism hidden in some of them. This was the most successful NFT project of them all.
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Speculating on the value of an investment based on an asset that doesn't exist is similar to scammers offering to sell certificates of ownership of dogs' souls.
Capitalism tends over time to create increasingly abstract forms of ownership. And what could be more abstract than ownership of something that isn't there at all? They're selling GUIDs that point to nothing.
I need to come up with my own scam to rinse rich idiots.
I'm working on the grift of all gifts, if you want in, you can buy shares of my grift for $100 each.
That was the most goddamn awful thing ever seen. Where are those shitheads who first sold the fucking idea?
This is the least surprising thing ever
If you weren't using them to launder money for a criminal enterprise, then you were doing them wrong.
... ~~doing them wrong~~ falling for a scam.
Its not worth a single cent in reality
The whole NFT thing was one giant pump and dump.
Who could have thought it?
Everyone comment how much did they lose on NFTs.
I will start: $0.
Also I made: 0$
Damn, I lost twice as much as you did.
I found value in shitting on people buying them. $0 monetary gain, but at least $10 in schadenfreude.
I trolled people by setting their NFT as my avatar in the chat rooms they were in. Im going to value that at $100.
Best use of an NFT I've ever heard of!
I've been watching a lot of Antiques Roadshow clips and I imagined one of the appraisers doing a valuation of your shenanigans.
"You bought this magnificent piece sillyness when and for how much?"
"oh I just copypasted it to my profile for no money at all"
"Well that was very good deal indeed, because on in todays money the entertainment value alone is in the hundreds of pounds."
As with everything crypto this was a huge scam. Besides the obvious profiting from gullable idiots, the other use case is to illegally funnel money.
Isn't it pretty obvious this was 99% a money laundering scheme?
Only to people with brains.
That's easy to say with the benefit of hindsight in 2026. However, back in 2021, it was easy to say without the benefit of hindsight.
Had me in the first half, not gonna lie.
I purchased a really cheap NFT domain that I can link my cryptocurrency wallet address to so that instead of having to type out the 90 character string and get it right, you can type out a human readable domain. Other than that small use case, I've never had any other reason for it. But hey, it's kind of cool. And I don't see why not keep it since I already have it. And as I said, it wasn't that expensive anyway.
Under a grand. Is there anyone really stupid enough to think this is still worth anything at all?