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I feel like for NFT's like these, it's all pure hype on potential future value. Take a Bored Ape NFT, a bored ape is pleasant to look at, you can set it as your

I feel like for NFT's like these, it's all pure hype on potential future value. Take a Bored Ape NFT, a bored ape is pleasant to look at, you can set it as your profile picture or hang up on the wall as digital art. That's why I think that BAYC was so successful, you had the NFT hype combined with actually good looking art. Now this on the other hand, you won't really want to set it as your profile picture and hanging it up as digital art looks dumb. No one is buying it because they like the NFT, they buy it because they think it will go up in value.

fl0wenol 5y ago
"[...] a bored ape is pleasant to look at [...]" Is it really, though? Maybe the word you're looking for is striking or distinctive. Possibly-- competent. But pleasant is not the first word that comes to mind. BAYC had first-mover advantage, there isn't anything particular about them that wasn't done better by a project that came later. That they are uniquely fugly made them stand out as a novelty.
unmole 5y ago
> a bored ape is pleasant to look at Respectfully disagree. > you can set it as your profile picture You can do that even without buying the NFT.
Smoofer 5y ago
> a bored ape is pleasant to look at Subjective of course, but couldn't disagree more. These things are hideous and frankly epitomize, to me, that hype and not artistic value is driving value here
ejj28 5y ago
I find it hard to believe that BAYC is successful because of the art, personally I think they're rather ugly and I know that a lot of people would feel the same. I think a more likely reason for their success is that they're an easily recognizable series that's known to be expensive; people buy them for the clout. NFTs are fundamentally about clout, and one-off NFTs just don't have the same clout value when used as a Twitter profile or whatever, regardless of the art quality.

fl0wenol 5y ago

"[...] a bored ape is pleasant to look at [...]" Is it really, though? Maybe the word you're looking for is striking or distinctive. Possibly-- competent. But pleasant is not the first word that comes to mind. BAYC had first-mover advantage, there isn't anything particular about them that wasn't done better by a project that came later. That they are uniquely fugly made them stand out as a novelty.

unmole 5y ago

> a bored ape is pleasant to look at Respectfully disagree. > you can set it as your profile picture You can do that even without buying the NFT.

Smoofer 5y ago

> a bored ape is pleasant to look at Subjective of course, but couldn't disagree more. These things are hideous and frankly epitomize, to me, that hype and not artistic value is driving value here

ejj28 5y ago

I find it hard to believe that BAYC is successful because of the art, personally I think they're rather ugly and I know that a lot of people would feel the same. I think a more likely reason for their success is that they're an easily recognizable series that's known to be expensive; people buy them for the clout. NFTs are fundamentally about clout, and one-off NFTs just don't have the same clout value when used as a Twitter profile or whatever, regardless of the art quality.