Leopards Ate My Face

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Purchasers of worthless digital monkeys sue worthless digital monkey auction house after realizing that worthless digital monkeys are worthless (arstechnica.com)

submitted 1 year ago* (last edited 1 year ago) by LeanFemurs to c/leopardsatemyface

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The Sotheby's auction house has been named as a defendant in a lawsuit filed by investors who regret buying Bored Ape Yacht Club NFTs that sold for highly inflated prices during the NFT craze in 2021.

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[–] patachu 23 points 1 year ago (1 children)

I just checked in on how NBA Topshot (basically sports highlight NFTs) are doing and apparently they are still finding greater fools.

[–] kameecoding 17 points 1 year ago (1 children)

they are only greater fools if they come from the greater fool plains of the US, otherwise it's just sparkling bagholders.

[–] [email protected] 0 points 1 year ago

To be fair what people value something at, is what makes it valuable or not. It's not really a delusion and just what some people think, so that makes it true