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Mention NFTs and people get all defensive. Self-proclaimed evangelists of non-fungible tokens say "it's a generational thing", meaning anyone who is shocked by the millions spent on cartoon images ...
Line Goes Up – The Problem With NFTs is a 2022 documentary film written and directed by Canadian YouTuber and video essayist Dan Olson on non-fungible tokens (NFTs), cryptocurrencies, and Web3. The video was published to his YouTube channel Folding Ideas on January 21, 2022.
The first known "NFT", Quantum, [24] was created by Kevin McCoy and Anil Dash in May 2014. It consists of a video clip made by McCoy's wife, Jennifer. McCoy registered the video on the Namecoin blockchain and sold it to Dash for $4, during a live presentation for the Seven on Seven conferences at the New Museum in New York City.
Bored Apes have been documented by the media as one of the more prominent NFTs. In December 2021, the Bored Ape Yacht Club overtook CryptoPunks as the highest-priced NFTs. [40] Bored Apes, along with other character-based NFTs, would become "a status symbol for owners who regularly use their animated creatures as avatars on social media". [15]
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The commercial was controversial nationwide, particularly from the local government of Lapu-Lapu City, with its then-mayor Paz Radaza demanding that the commercial be pulled out as a "grave insult" to their residents and to Filipinos "in general". Radaza also claimed that she had heard of children considering the commercial as "a true ...
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