Bored Ape Yacht Club’s New Metaverse Shows NFTs Are Evolving

Bitcoin and Dogecoin reached all-time highs last year, but 2021 was the year of the nonfungible token. Last year, almost $25 billion was spent on NFTs, a few billion more than was spent at the global box office. Despite – or perhaps because of – that high result, there is a stigma attached to NFTs. Most people are either perplexed by the exorbitant pricing NFTs command or are sure they are a sophisticated deception, a rip-off waiting to happen. Critics see NFT purchasers as scumbags who waste money on JPEGs that they could simply “right-click-save” for free.

That refrain won’t remain true for long. NFTs are developing, for better or worse, in 2022.

Read more. ➝

Recent Posts

Program Operations Manager at Plug In

We are looking for a Program Operations Manager who has a passion for people and entrepreneurship and is excited to engage city-wide stakeholders and our expansive talent network. Our new role includes high-visibility, high-impact, and will work directly with the CEO and the Board.

Read More ➝

Leave a Reply

Your email address will not be published. Required fields are marked *