Tweet mocking how little value NFTs have... is turned into $5K NFT
Tweet mocking how little value NFTs have... is turned into $5K NFT
"This is basically the aforementioned as making a joke that yous stole the Mona Lisa by taking a photograph of it," said Twitter user Sergey Pshenichkin.
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Twitter user Lauren Walker tweeted a bulletin claiming she was "stealing" nonfungible tokens (NFT), only to take Crypto Twitter turn around and mint her words into a token listing for thousands of dollars.
In a Saturday mail service on Twitter, Walker mockingly said her current drove of NFTs was valued at more than than $8 trillion, given that she claimed she has right-clicked on the images and saved them to her bulldoze. The message ignores the verifiable scarcity underpinning tokenizing images and artwork, but Walker said she had "a real job" and dismissed criticism from the community.
i take stolen over iv terabytes of NFTs via the little known hacker technique known equally "right click -> relieve every bit". my collection has a internet estimated value of over viii trillion dollars
— lauren (reformed arc) (@ActNormalOrElse) October 2, 2022
In response, at least ii crypto users accept taken screenshots of Walker's message and replies, minted them as NFTs, and listed them for auction on the OpenSea market place. Bidding for 1 from user CaptainFantastic under the proper noun "have fun staying poor" is currently upward to 1.5 Ether (ETH), or roughly $5,100 at the time of publication. Another from user Clown World NFT has even so to receive any bids.
The thrust of Walker'due south argument is seemingly understandable to someone without a working knowledge of NFTs, in that tokenizing the image makes it unique and essentially gives it value for someone willing to assign it value in a way an ordinary JPG or GIF never tin can. Final calendar month, a YouTuber traded a fully functional Tesla Roadster for a single NFT estimated to be worth $100,000. Digital artist Mike Winkelmann, also known as Beeple, famously sold one of his pieces as an NFT for $69 one thousand thousand in March.
"I get so pumped by these type of reactions," said Twitter user Travellintoddy in response to Walker's tweet. "It shows that the NFT community are so early. Information technology'due south similar piling on social media in 2003 because why wouldn't y'all but go see your friends rather than online."
Others, including user Sergey Pshenichkin, compared Walker's argument to the fine art world:
"This is basically the same as making a joke that you stole the Mona Lisa by taking a photograph of it."
Related: NFT 'art revolution': Beeple on his 5,040-day labor of love
Though there is certainly coin to exist made in the NFT market, it is seemingly subject to the same type of volatility seen in cryptocurrency prices. Data from Dune Analytics shows the daily OpenSea trading book was more 34,070 ETH on Dominicus, and mainstream companies including Visa have even invested in NFT collectibles such as CryptoPunks.
Source: https://cointelegraph.com/news/tweet-mocking-how-little-value-nfts-have-is-turned-into-5k-nft
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