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.

  • Pipoca@lemmy.world
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    1 year ago

    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.

    • TitanLaGrange@lemmy.world
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      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.

    • Mongostein
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      1 year ago

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