The Bold Move: Turning Tweets Into Charitable Tokens
A group of anonymous university students has taken a creative approach to challenge the former president: they’re selling his infamous tweets as NFTs to raise funds for charities. Introduced through their platform Drumpfs.io, these tweets, recorded by the Trump Twitter Archive, are priced from 0.0232 ETH for typical musings to a hefty 4.5 ETH for the real zingers. It’s a cheeky way to hit where it hurts, all while helping those they believe the former commander-in-chief would scoff at.
What’s Behind Drumpfs.io?
While the idea of selling someone’s tweets (especially those from a former president) may raise eyebrows, the platform promises to donate about 97% of the proceeds to organizations like Americares and the NAACP. The remaining funds would cover operational costs. No digital certificate of authenticity for these tweets? No problem! The legal landscape surrounding tweet ownership is as murky as a swamp on a rainy day.
NFTs: The Eco-Friendly Dilemma
Speaking of muddy waters, NFTs are notorious for their environmental impact. OpenSea, a leading marketplace, is estimated to have emitted about 67.8 million kilograms of carbon. But don’t fret, environmentally conscious buyers can use the Aerial platform to calculate just how many carbon credits to purchase to offset their NFT habits. The irony? Buying carbon credits for transactions that may require more crypto carbon credits. It’s like trying to paddle a canoe while bailing out water.
Fractionalizing CryptoPunks: A Financial Quandary
Have you ever wanted to own a piece of digital history but found the price tag for CryptoPunks is too steep? Well, Unicly has swooped in to save the day, offering a tokenized set of 250 million shares in 50 CryptoPunks. Investors can jump in with just 5 cents a share. However, just like that last-minute group project, SEC Commissioner Hester Pierce warns that this could lead to a colossal mix-up with securities laws.
The Meme Machine: Snoop Dogg and Crypto Collaborations
And let’s not forget Snoop Dogg, who’s as busy in the NFT scene as he is peddling food deliveries. He recently launched an NFT collection named ‘Nyan Dogg’ on a day that’s practically a holiday for cannabis enthusiasts. Just like the genesis of internet memes, this NFT sold for 14.2 ETH, proving that even Dogg’s creations can fetch a pretty penny. Meme-based NFTs are becoming the hottest new commodities, with others like ‘Overly Attached Girlfriend’ selling for over $411K!
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