Millions of USD for a picture of a digital monkey.
That's right. Nothing else. Just an image.
Millions of USD for a picture of a digital monkey
And?
>10m for some oil on a canvas is so different because like I can touch it
Its called art and if you can't understand that it's because you have a functioning brain.
this is your brain on zoomer copium
Mon(k)ey Laundering
>Happily gambles all his money on digital numbers
>Gets confused when the numbers have a jpeg
Stop being a lazy tard and make some money then OP.
Down to 1 USD if you wouldn't be able to sell it afterwards. Just buy. It has this much inherent value.
Midwit detected
>what is money washing
>what is tax evasion
Cryptokitties didn't survive the 2018+ bearmarket. These NFT's will crash eventually
It's absolutely hilarious how Any Forums has just been seething at NFTs for over a year now lmao. Just two more weeks until it all goes to zero am i rite?
Peak midwit, keep seething while I make money
Any Forums seething over NFT's = boomers seething over crypto
Not even that. Its just the hash to an image that is saved on the servers of BAYC. If these servers go down the image is gone.
It is a link to the image, the image is stored on IPFS and backed up to Filecoin. But your statement is basically right.
edit
but it's not only about the image, it's the metadata and what you can do with it. (for example enter a protected website, ticket system, Patent and Trademark registration, housing ownership... etc)
I've also worked with Godot and Unity game Engine a while ago and they both have ENJ integration so you can basically create in-game NFT assets that are freely tradable by the user. (not worth million of dollar, but usecase)
There is a real usecase for ntf's, theoretically.
>Millions of USD for a picture of a digital monkey.
>That's right. Nothing else. Just an image.
"I am my ape and my ape is me" - retarded Ape holder
Yeah it's an odd market but it's a place where you can stack ETH.
You long NFTs user?
>Any Forums seething over NFT's = boomers seething over crypto
this desu
I'm reducing my NFT position now since it's a bigger part of my assets than I like, but it's still where the growth is.
You long any NFTs user?
>if you can't understand that it's because you have a functioning brain.
Guess my brain works
>It's absolutely hilarious how Any Forums has just been seething at NFTs for over a year now lmao. Just two more weeks until it all goes to zero am i rite?
>Peak midwit, keep seething while I make money
based
enjoy your gains user. I'm rotating NFT profits into defi personally, still lots of upside left in NFTs though sub 2 million users on Opensea.
>Millions of USD for a picture of some woman painted by an Italian centuries ago
>Millions of USD for a picture of some flowers painted by a Dutchman centuries ago
>That's right. Nothing else. Just an image.
Based