
The Future is Non-Fungible
Thanks to the collectors of the work featured in this piece: Jeff Lau, Charles Read, shatt.eth, ethventurer.eth, localdegen.eth — You likely fall into one of these categories:What’s an NFT?NFTs are bullshit.NFTs are a breakthrough technology.Whichever it is, I hope to offer some perspective for you to further consider your position. Let’s begin.1/ AttributionThe world runs on social contracts. The first mental building block for understanding this technology is to think of it as a digital sig...
Chart Collector
edition://0xDF5b5ee15CC96ba7d0CB6BD9b2c0fc4417ab6445?editionId=6
Care Package
"The need in Afghanistan is overwhelming and growing fast as conflict escalates and drives more than 393,000 newly displaced people from their homes. They need food, water, shelter, and protection. Please give now to rush emergency aid to displaced Afghan families and your gift will matched to go twice as far to help." Each edition of this NFT covers one family’s emergency needs for a month. (scroll down to buy 10 at a time) Funds are routed directly to [care.org] Funds Sent: 8/18/21 — 33.824...

The Future is Non-Fungible
Thanks to the collectors of the work featured in this piece: Jeff Lau, Charles Read, shatt.eth, ethventurer.eth, localdegen.eth — You likely fall into one of these categories:What’s an NFT?NFTs are bullshit.NFTs are a breakthrough technology.Whichever it is, I hope to offer some perspective for you to further consider your position. Let’s begin.1/ AttributionThe world runs on social contracts. The first mental building block for understanding this technology is to think of it as a digital sig...
Chart Collector
edition://0xDF5b5ee15CC96ba7d0CB6BD9b2c0fc4417ab6445?editionId=6
Care Package
"The need in Afghanistan is overwhelming and growing fast as conflict escalates and drives more than 393,000 newly displaced people from their homes. They need food, water, shelter, and protection. Please give now to rush emergency aid to displaced Afghan families and your gift will matched to go twice as far to help." Each edition of this NFT covers one family’s emergency needs for a month. (scroll down to buy 10 at a time) Funds are routed directly to [care.org] Funds Sent: 8/18/21 — 33.824...
Share Dialog
Share Dialog

Subscribe to Visualize Value

Subscribe to Visualize Value
<100 subscribers
<100 subscribers
If you clicked the link to this article, you know what the Bored Ape Yacht Club is.
10,000 provably unique avatars.
0.08 ETH to mint on April 30th, 2021.
I bought Ape 5207 on May 2, 2021 for 2.5 ETH.
According to rarity tools, this is the 330th rarest token in the BAYC collection.
The cheapest comparable ape is now priced at 69 ETH (at time of writing).
BAYC represents a massive shift in creative IP, allowing holders to create and sell derivative works of the apes they own.
In their language:
iii. Commercial Use. Subject to your continued compliance with these Terms, Yuga Labs LLC grants you an unlimited, worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art (“Commercial Use”). Examples of such Commercial Use would e.g. be the use of the Art to produce and sell merchandise products (T-Shirts etc.) displaying copies of the Art.
So, here’s the experiment.
69 editions of a #5207 derivative, modified to ensure there’s no confusion, priced at the BAYC original mint price of 0.08 ETH.
↓
edition://0xaf89C5E115Ab3437fC965224D317d09faa66ee3E?editionId=290
If you clicked the link to this article, you know what the Bored Ape Yacht Club is.
10,000 provably unique avatars.
0.08 ETH to mint on April 30th, 2021.
I bought Ape 5207 on May 2, 2021 for 2.5 ETH.
According to rarity tools, this is the 330th rarest token in the BAYC collection.
The cheapest comparable ape is now priced at 69 ETH (at time of writing).
BAYC represents a massive shift in creative IP, allowing holders to create and sell derivative works of the apes they own.
In their language:
iii. Commercial Use. Subject to your continued compliance with these Terms, Yuga Labs LLC grants you an unlimited, worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art (“Commercial Use”). Examples of such Commercial Use would e.g. be the use of the Art to produce and sell merchandise products (T-Shirts etc.) displaying copies of the Art.
So, here’s the experiment.
69 editions of a #5207 derivative, modified to ensure there’s no confusion, priced at the BAYC original mint price of 0.08 ETH.
↓
edition://0xaf89C5E115Ab3437fC965224D317d09faa66ee3E?editionId=290
No activity yet