“I’m paying my rent by trading JPEG pictures on the Internet,” one N.F.T. buyer said. “That’s what I tell my parents.”
. New projects launch every week, hyping their wares on Twitter, the principal public home of crypto discourse, in the hope of selling out in turn. “Everyone saw the success of Bored Apes and started quickly dropping their own projects,” Aleksandra Artamonovskaja, the London-based founder of the curatorial consultancy Electric Artefacts, who has bought and sold a number of N.F.T. avatars, said.
Gargamel and his co-founder, Gordon Goner , are unlikely tech impresarios. Before starting Bored Ape Yacht Club, Gargamel was working as a writer and editor. Goner was planning to attend an M.F.A. program but fell ill and took up cryptocurrency day trading instead. The pair, both thirtysomething, are “literary nerds,” according to Gargamel, who wears wire-rimmed glasses and a carefully trimmed goatee. They grew up in Miami and met, a decade ago, while drinking at a bar.
One early idea that the duo considered was CryptoCuties, a set of N.F.T. “girlfriends,” but it struck them as too pandering—not to mention creepy. Another concept was a shared digital canvas: anyone who bought in could draw on it. But that seemed liable to be treated like a bathroom wall at a dive bar. “The first thing someone’s going to draw up there is a dick,” Gargamel said. The image of an online dive bar stuck with the pair, though, and from there a science-fictional story line took shape.
Gargamel and Goner brought on two other friends, programmers who go by the names No Sass and Emperor Tomato Ketchup, to handle the necessary blockchain coding. To execute the project’s graphics, they hired professional illustrators, which accounted for most of their upfront costs .
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Paleontologists Are Getting Into Florida’s Oyster BusinessThese ancient shells are crucial to understanding the decline of modern oyster reefs throughout the Florida Panhandle and to restoring this vital habitat. Via atlasobscura
Read more »
Why the James Webb Space Telescope's sunshield deployment takes so longIt's a very complicated endeavor.
Read more »
Why You Should Set Goals, Not Resolutions This YearWhile resolutions are at the forefront of everyone’s mind, setting goals will be far more beneficial, whether you’re setting them for business or your personal life.
Read more »
A NASA Astrophysicist Explains Why The James Webb Space Telescope Looks Like a HoneycombHear it from a NASA scientists why the new James Web Space Telescope, which launched on Christmas day, looks so wonderfully weird.
Read more »
Evolution Keeps Making And Unmaking Crabs, And Nobody Knows WhyOur planet's convoluted history of evolving life has spawned countless weird and wonderful creatures, but none excite evolutionary biologists – or divide taxonomists – quite like crabs.
Read more »
Why The Witcher Season 2's Most Devastating Death Had to HappenTheWitcher showrunner Lauren Schmidt Hissrich explains why season 2's most devastating death had to happen within the show’s timeline.
Read more »