The walking undead NFTs

The Indicator from Planet Money

NPR

Business

4.7 • 9.5K Ratings

🗓️ 28 September 2023

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

The NFT mania may have finally run its course. Not too long ago, these pieces of digital art exploded in value with the help of celebrities like Justin Bieber and Paris Hilton. But even the most digital artists knew it was a bubble. Today, we consider whether this multi-million dollar fad has truly come to an end or if it's still on its last legs and due for a reimagining.

Related Episodes: The $69 Million JPEG (Apple Podcasts/Spotify) and The Celebrity Crypto Nexus (Apple Podcasts/Spotify)

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Transcript

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0:00.0	NPR
0:12.0	Hey, Darian, how's your week going?
0:14.0	It's pretty unoffentful so far
0:16.0	I don't know, do you want to get lunch and we can talk further?
0:19.0	Maybe...
0:20.0	Wait, wait, wait!
0:21.0	Damn! Sorry, sorry, sorry, I didn't interrupt
0:23.0	I think you want to see this
0:25.0	Oh, okay
0:26.0	Quickly, in here
0:31.0	What is this?
0:33.0	I mean, it looks like an ape wearing a striped shirt
0:36.0	And is that a captain's hat?
0:38.0	No, looking so good though
0:40.0	It's clothing is all ripped up, it's making a terrible noise
0:44.0	We found this guy wandering the metaverse
0:47.0	It's a pretty rough shape
0:48.0	But it's not exactly dead, it's in some kind of undead state
0:54.0	Darian, do you know what I think this is?
0:57.0	A board ape NFT
0:59.0	And NFT
1:00.0	I don't want any part of this
	...

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