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New records for sales of the digital good seem to be reached each week with an upcoming sale of NFT artist Beeple’s ‘Everydays’ compilation went for $69 million in March, 2021 (source: The Verge ). The developers of the platform, artist and any other parties can then use the funds raised in the drop.
But Wales sees potential for NFTs to supplement the traditional ways artists make money, especially around internet culture. He points to examples of meme images selling as NFTs , something that doesn’t affect their availability but helps subjects benefit from online fame in a way intellectual property law hasn’t so far.
People are urged to BUIDL, pronounced “biddle,” a play on Bitcoin’s HODL meme. To that end, Polis hyped Colorado’s history with cooperatives to the crowd. He gave an enthusiastic performance, opening with an old meme by singing “hey, hey, hey” to the crowd and getting the crowd to sing it back. BUIDL is about building things.
Another iconic meme is going up for auction as an NFT : the text and sunglasses used to popularize “deal with it” GIFs. The meme was listed by Ryder Ripps, the designer / creative director / “ art prankster ” who recently made headlines for falsely claiming to be behind the dystopian redesign of the CIA’s website. Image: Ryder Ripps.
In part because it feels like doomscrolling — a constant in our lives thanks to COVID — but also because it felt so tied to the passive nature of people seeing some meme on a social feed and just believing it without any validation. The podcasting hype house from hell. Out of all the sketches Tyler shared, these resonated immediately.
I’m at home, staring at the future face of the metaverse and trying valiantly not to think about memes from a TV show known for its exploration of ethics and humanity. As we wade into more metaverse hype, it’s clear that companies like Soul Machines will be filling in customer service gaps across every industry, from games to healthcare.
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