Buyers of Bored Ape NFTs sue after digital apes turn out to be bad investment
arstechnica.com
Lawsuit: Sotheby's $24M sale to FTX gave Bored Ape NFTs "an air of legitimacy."

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.

  • @[email protected]English
    4•1 year ago

    It would be cool if each buyer has a unique hash and elements of the art are AI generated (like the background or texture) using some chaotic process with the hash as the seed, so that everyone gets a unique version. I would pay maybe a couple of bucks for something like that.

    • @[email protected]English
      2•1 year ago

      That is a good idea, having a dynamically generated portion of the art dependent on a hash. That would actually be an NFT then, haha.

      I still don’t think I would pay a couple bucks for one, but I like your idea.

      Shoot. Maybe I’d sell them for a couple bucks? Let’s get on this.

      • @[email protected]English
        -1•1 year ago

        That’s the spirit 🤣 The challenge is building a team with both technical and artistic know-how to build something like this.

        • @[email protected]English
          2•1 year ago

          From what I’ve learned about online digital currency, we only need one exceptional department, and that is marketing.