this post was submitted on 17 Aug 2023
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Leopards Ate My Face

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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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[–] Pipoca 24 points 1 year ago (3 children)

NFTs remind me a lot of the international star registry.

You're paying someone a lot for them to record some unofficial bragging rights in some unofficial database that literally no normal person cares about.

[–] [email protected] 9 points 1 year ago (1 children)

Wait...but the star is named after ME. It's mine, right?

[–] klyde 14 points 1 year ago (1 children)
[–] [email protected] 4 points 1 year ago

Omigod how do you know my name? Do you work for the star people?

[–] TitanLaGrange 6 points 1 year ago

Very much like that, including how there can be multiple registries, like International Star Registry, Universal Star Database, The International Registry of Stars, Universal International Star Registry Database, etc., all 'officially' naming the same stars.

[–] [email protected] 1 points 1 year ago (1 children)

I dunno. That’s kinda neat. Maybe in like 20,000 years humans will be exploring the Mongostein system.

[–] Eranziel 5 points 1 year ago (1 children)

You missed the part where literally nobody else will look to those registries to see what random people named them.

[–] [email protected] 1 points 1 year ago (1 children)

Doesn’t NASA do it? I dunno. I always thought it was kind of neat, but ultimately pointless.

[–] Pipoca 4 points 1 year ago (1 children)

Nope. The names are entirely unofficial. No one uses them.

[–] [email protected] 2 points 1 year ago (1 children)

Well I’ll be a monkey’s uncle.

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

I've got a 50,000 dollar picture of your nephew