NFT Sales: The Good, The Bad, and The Hilarious
Ellen DeGeneres dipped her toes into the NFT pool, but if the water was a bit chilly, her results might be labelled as more of a belly flop than a graceful dive. Promoting her ‘Woman With Stick Cat’ non-fungible token (yes, you read that right), Ellen managed to sell only five out of ten Gold editions. For $2,500 each. Meanwhile, an impressive 64 fans forked over $100 for the Silver edition, showing that even in the world of digital collectibles, there might be a niche opposed to paying exorbitant prices for a drawing that looks like it was made in five minutes during a coffee break.
The Charity Angle: Who’s Laughing Now?
Through her NFT escapade, only a grand total of $33,455 was raised for the World Central Kitchen food relief charity. Now, one can’t help but think: was it a mismatch between Ellen’s audience and the typically more crypto-savvy folks who spotlight their wallets at such events? After all, promoting to 79 million Twitter followers can seem impressive until you realize that not every celebrity has the Golden Touch in the NFT world. The irony of selling less than a rock concert’s t-shirt but pushing for charity is amusing yet frustrating.
When NFTs Go Cringe: Community Reactions
The digital crowd wasn’t exactly rolling out the red carpet either. Some in the crypto universe scoffed at the sale, with one commentator even suggesting, “How about we all just agree nobody bids on this?” A heartfelt yet somewhat deflated call for community, that’s for sure. Who knew that the world of digital art could elicit such strong feelings akin to watching an ex try to dance at a wedding?
More NFT Hijinks: Basketball, Sneakers, and Controversies
If you thought Ellen’s NFT debut was a one-off, brace yourself. The Golden State Warriors joined the NFT fray by releasing their collection—complete with tokenized championship rings. Apparently, they caught wind of how NBA Top Shot made waves, which is adorable. Meanwhile, Kanye’s Air Yeezy 1s sold for a jaw-dropping $1.8 million, yet not a peep about an NFT in sight. Is it just a coin toss between collectibles here?
Art Meets Outrage: Oscars NFT Blunder
Shifting gears, the Academy stirred the pot with a Chadwick Boseman-themed NFT, leading to accusations of opportunism following the tragic passing of the beloved actor. It’s awkward—an artist literally put a price tag of $1.2 million on a 3D model they bought for a mere $50. Apologies were issued, and a redesign was promised, making this NFT saga a classic tale of “What Not To Do” in the digital art world.
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