Do you remember NFTs? Yes, those images of ugly monkeys and similar nonsense that promised to be the money of the future and in less than a year, they turned into nothing after being promoted on shows like Jimmy Fallon’s. That time when having a monkey that looked like it had just entered rehab was a symbol of prestige. Times have changed; NFTs are a mockery (non-fungible, indeed), and the owners, many of whom have lost terrible amounts of money, continue to act like nothing has happened.
The party of failure
From November 3rd to 5th, 2000 Bored Ape owners gathered in Hong Kong to celebrate something called ApeFest, an utterly impossible party where they were celebrating absolutely nothing. It marked the first international event of its kind, featuring various activities, including the presentation of a BMW covered with monkey drawings.
There was a DJ specializing in NFTs and diverse musical acts, promising to be everything for a few who still believe in the future of an industry clearly in decline… And it ended up turning into a disaster. A significant number of attendees woke up the day after the concerts and immediately went to the ophthalmologist due to intense eye pain.
NFT owners woke up throughout the night with eye pain and even blindness, ending up in the emergency room due to, as rumored, ultraviolet lights that should only be used for medical disinfection but were used here to illuminate the audience. A wise decision, undoubtedly.
Yuga Labs, the owners of the Bored Ape business, claim that only 1% of the attendees felt uncomfortable (meaning, twenty people) but they are taking it very seriously. No one saw it coming that an event related to NFTs would end in disaster, really, what a great surprise we’ve had, haven’t we?