Saturday, September 23, 2023
HomeTop NFT Collection'The Goal Of Crypto Is Not To Play Games With Million Dollar...

‘The Goal Of Crypto Is Not To Play Games With Million Dollar Pictures Of Monkeys’: Ethereum Founder Takes Shot At Bored Ape Yacht Club

Non-substitutable tokens have grown in interest and value last year. Boring Ape Yacht Club It is one of the most popular and valuable collections.

This is one of them Ethereum (Cryptography: ETHThe co-founder had to say about the boring Ape Yacht Club.

What happened: The beginning of NFT This has led to higher Ethereum prices and use cases.

Ethereum co-founder Vitalik Buterin was interview To time In the cover story, I labeled him “Prince of the Code”.

Buterin said in an interview that the dangers of cryptocurrencies are increasing, including investor zeal and rising transaction fees.

“The cipher itself can be a lot of dystopia if implemented incorrectly,” Buterin said.

Ethereum co-founders continued to take apparent shots at the Bored Ape Yacht Club, an NFT collection. Mint on the Ethereum blockchain April 2021.

“The danger is that there are these $ 3 million monkeys, and that’s another kind of gambling.”

Buterin said many people are buying yachts and rambos, but hopes that crypto will be used for fair voting systems, city planning and basic income in the future.

“If we don’t speak out, only the ones that are immediately profitable will be built.”

Buterin, Ukraine openly supported During the country’s invasion by neighboring Russia, he emphasized the amount of money raised for the country through cryptography, again referring to the boring monkeys.

“The silvery lining of the situation over the past three weeks is that for many in the crypto space, the ultimate goal of crypto is to achieve rather than play games with millions of dollars of monkey pictures. It reminded me that it has a meaningful effect in the real world, “Buterin said in an email to TIME on March 14, 2022.

Related Links: “I didn’t even know who Tom Brady was.” Ethereum’s Vitalik Buterin

Important reason: The Bored Ape Yacht Club is one of the most popular NFT collections and has rewarded additional airdrops and recent owners last year. Release token ApeCoin (CRYPTO: APE), BAYC holders could claim.

Comments from Buterin are aimed at the popular NFT collection and can confuse parts of the crypto community. Ethereum has had a lot of success thanks to the rise of NFTs last year.

The most expensive Bored Ape transaction at OpenSea was 768 ETH, which was about $ 2.25 million based on Ethereum’s current price.

A rare golden fur boring monkey sells for $ 3.5 million Sotheby’s And over $ 2.8 million at the LooksRare NFT Marketplace.

The minimum charge for Bored Apes at the time of writing is 102 ETH, or about $ 298,545. The $ 3 million label in the monkey photo could be a bit off the base, as the majority of Bored Ape NFTs are trading below this level.

Bored Ape NFT owners, NFT investors, and external enthusiasts find that holding an NFT from a collection is very rewarding and is unlikely to be considered gambling at this time. recognizing.

Price action: Ethereum is trading at $ 2,847.23 at the time of writing.

Photo: Provided TechCrunch With Flickr

- Advertisment -
Google search engine

Most Popular

Recent Comments