It's not October yet but that didn't stop endless_thread from starting TALES FROM THE CRYPTO...a three part series on the slightly scary, definitely crazy world of BTC price flux, NFT madness...and more. Dive in here:
Jimmy Fallon: I would be honored.Jimmy: Everyone gets an NFT?! What!? Come on. I think this is the first NFT giveaway in the history of television! We love you!]
Ryan: And the way it works is think of a typical corporate structure of a company or a startup. But imagine if that existed on a chat program like Discord. And instead of buying shares of a company, you bought what are called tokens, which are little blockchain pieces of code that represent an ownership stake. And so DAO or a DAO can start with a crazy idea.
Ben: I mean, it is a tale of as old as time, right? In a way. It's like: I and my friends would like to buy an island where that is going to be awesome because we're awesome and we're going to make it awesome and it's going to be great. Right?Ben: But this idea got really far along.Ryan: That was the worst thing I've ever seen.
Amory: The video promised 60 exclusive plots of land in the Blockchain Hills that could be bought with NFTs. There was a Vladimir Club, which is a reference to an online user from crypto legend who bought enough bitcoin to become a millionaire a hundred times over. It was billed as a place for crypto heads, built by crypto heads. With beaches, 360-degree views of the island, and ocean, and an economy totally run with crypto.
Ryan: Things started to spin out of control when a Twitter troll found out about it and he tweeted at the Twitter account for Cryptoland and asked them what the age of consent laws would be on the island, which is a common internet troll for any sort of libertarian leaning communities.
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