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People brush this off as money laundering, but I'll note that this was purchased by an account linked to a real person, Deepak Thapliyal, CEO of Chain.com It's
by bko 5y ago
People brush this off as money laundering, but I'll note that this was purchased by an account linked to a real person, Deepak Thapliyal, CEO of Chain.com
It's highly visible and if there's anything sketch going on, it strikes me as very dumb to be this out in the open with such a large public transaction.
- TigeriusKirk 5y agoYeah, it's not money laundering, it's just part of a mania. I say that as an NFT true believer. Right now it feels like the speculation in NFTs is narrowing from a relatively broad-based buy everything phase to focus on a very limited list of "blue chip" NFTs. Those small numbers of NFTs are being pushed to higher and higher levels while that vast majority of NFTs languish with almost no trading activity. I don't know how that ends. Sure, it's a bubble, but it may not pop in any meaningful timeframe. It's already gone way past what I feel is reasonable, so I know not to trust my judgement on how much longer it can last. I also have to factor in envy. I passed up Bored Apes when they were quite cheap, so I'm sure that's coloring my view.
- Ekaros 5y agoI wonder if the people involved in this are paying all the taxes...
- theamk 5y agoI wonder if there is ransom/blackmail invoved? Like someone found some secret information about Deepak or Chain.com , and that's the pay!ent for their silence.
- Jxl180 5y agoOr, more obvious answer, it's a $23 million ad given that the internet (including us) is now talking about Chain.com.