Author

Topic: Friendship breakup viral meme sold for $51,530 as NFT (Read 218 times)

hero member
Activity: 2296
Merit: 506
Cryptocasino.com
This is the NFT hype that make people wonder how the millionaires could easily spend money but anyone should realize that NFT is used for other things like a game, music, and many more. Although this one doesn't seem to make sense but most of NFT that is used for games, etc makes more sense than this seeing the game it offered instead of NFT for just a meme.
and of course this kind of thing like NFT art is really rare to happen compared to NFT game
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Who would want to buy NFT on a meme like this for such a fantastic price???
totally not worth it in my opinion at $50k , there's a lot you can get for $50k but it makes no sense to me to buy this.
And it's already sold dude. I don't know who is it but it's very crazy to see that. It's not only a fantastic price but it's a non sense price. We didn't know what already thought by the buyers in this case.
So many whales are wasting their money to the various garbage NFT art. It means nothing for the whales.
I do believe if the whales has become a party who already bought that NFT meme

NFT art becomes even crazy from day to the another day
full member
Activity: 994
Merit: 117
Who would want to buy NFT on a meme like this for such a fantastic price???
totally not worth it in my opinion at $50k , there's a lot you can get for $50k but it makes no sense to me to buy this.
member
Activity: 177
Merit: 50
My Dream Comes True
I understand sometimes art has different values for each person, but there are things that sometimes make me think why NFT with good quality above the meme doesn't sell well? I understand its all depends on buyers but Iam still surprised, it doesn't mean it's not good but it makes me confused. Crypto space sometimes to strange
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Very strange. This should be fixed in the future, where no one is selling Nft in a worthless form anymore. I hope all the Nft that is traded has value and art to buy, not this kind of thing that does not contain elements of art at all.
It can't be fixed and if this news was true if such garbage picture worth more than 50k USD and then I just wanna know who is someone that already paid such amount? it's quit strange to see that dude.
It can't even be called as art because there's no uniqueness on it.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
I saw the headline in one of the newspaper and i was curious what it was all about and after reading everything i started laughing but then it was a gem because they were able to raise over $50k with the entire meme and that is serious money we are talking about. The story seems to be true and someone pissed off at the friends started these in social media and it took a life off its own Cheesy.
legendary
Activity: 3752
Merit: 1415
If this is real this is the stupidest thing I've read today.  The balance of money is in the wrong hands if this sold for anything more than a pair of shoelaces.  I dont get it why would you want to buy something like this if you can just look at it without "buying it".  NFTs are getting rediculous.  I smell tulips
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
I still don't understand who buys it and why.
Those who are moved with their story, we are odd and we do have different types of likes in the world and for such NFTs.
Money laundering?
I don't think there's on this story but sure this is happening for the other artist.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
So you want to sell .png images to people ?

You take a large amount of ETH from your left pocket, and transfer it to your right pocket.  THIS MEME SOLD FOR X$
goes viral on social networks, gets publicity

Now every single sale of a fucking jpeg that you have posted under 500 different names is pure profit
Its a horrible way to make money and shows you are a horrible person
full member
Activity: 517
Merit: 100
~

Friendship is something special. Because he is part of our family. No one can undermine someone's friendship but themselves.
In the case of NFT-based cryptocurrencies, of course there are other considerations that need to be studied. Two people are not enough to drive a big machine, but there needs to be great support from certain parties. Happy friendship day to all of us. I love them.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
Interesting.
So this means the picture no longer belongs to the original creator/owner? I notice on the article that "Charlie bit my finger" sold for close to 1 million.  Wonder what the buyers intend to do with such images/videos , make money from them or just to own them.. .
sr. member
Activity: 467
Merit: 578
I don't really understand, how can an NFT like this have such a high price, what are the benefits of having this NFT? I think the price is very high.
Of course this is very strange, because Nft does not have a fixed price. those who buy an Nft are not just art savvy, they have money and they buy what they like. Nft doesn't have to be art, if you like something you will buy it at any price.
This is true but things like art will have a higher value to them for NFTS and I think they will be the only ones which will be worth anything in a couple of years the other stuff will probably be worthless.
sr. member
Activity: 2268
Merit: 275
I don't really understand, how can an NFT like this have such a high price, what are the benefits of having this NFT? I think the price is very high.

There are a lot of mistakes in understanding NFT, as you said, it is indeed too expensive. And I think this MEME is overkill. Just imagine the price is more than 1BTC. It is foolish to pay for it while what is much more valuable is forgotten.
Better to visit an exchange, then buy Bitcoin with that money and keep it however you want, The value is getting more and more expensive, while this photo that is considered NFT will last a long time? NO !!!!! it doesn't even have a price at all.

think the price of $51,530? only for this NFT. LOL  Grin
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
I don't really understand, how can an NFT like this have such a high price, what are the benefits of having this NFT? I think the price is very high.
Of course this is very strange, because Nft does not have a fixed price. those who buy an Nft are not just art savvy, they have money and they buy what they like. Nft doesn't have to be art, if you like something you will buy it at any price.
full member
Activity: 1008
Merit: 104
I'm confused what points are so special that they are made NFT? Is it because of the friendship that ended badly?
Did you not find any aspects that are included in the NFT category that has a high selling value. At such a great price, what are the benefits? Even if it's for a charity fundraiser, it should have useful properties. This is too much of a joke to be called NFT. Because if everyone's perception of NFT is like this, of course we make more NFTs from photos when we were in school. Wouldn't the story be much more dramatic?
sr. member
Activity: 467
Merit: 578
I don't really understand, how can an NFT like this have such a high price, what are the benefits of having this NFT? I think the price is very high.
The NFT platform has been running well and the concept is also very unique so that the NFT trend is welcomed very positively and can be able to have a decent price in the market, so don't be surprised when there are good products that are expensive.
How is it unique? Card games have existed for a 100 years and NFT are a similar idea. They are not unique and they are not guaranteed to be worth anything in the future I think this is like the phase of ICOs in 2017 and will die down with a lot of people losing money. If you want to make money with NFTS you need to invest in one that you think will be easy to offload in the next couple of months and not the long term.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
I don't really understand, how can an NFT like this have such a high price, what are the benefits of having this NFT? I think the price is very high.
The NFT platform has been running well and the concept is also very unique so that the NFT trend is welcomed very positively and can be able to have a decent price in the market, so don't be surprised when there are good products that are expensive.
sr. member
Activity: 467
Merit: 578
I cannot wait until this stupid NFT phase is over what is clear to me is a lot of people are going to lose a lot of money for investing in stupid digital certificates that they own something which is valueless. In 10 years NFTS with big value will probably still be worth something but not as much as people paid for them.
member
Activity: 536
Merit: 15
I get that a lot of people find it hard to grasp how a meme can be sold for such a huge amount of money, but this isn't in anyway different from a lot of things that has been happening outside the blockchain for years.
There are always auctions of properties with sentimental value & they have always sold for a lot of money.

Now with NFTs i love how these auctions can now be extended to the Blockchain and how unique digital items with sentimental value can be sold for a lot money and they retain the unique properties to retain their value.
member
Activity: 1708
Merit: 13
KUWA.ai
I don't really understand, how can an NFT like this have such a high price, what are the benefits of having this NFT? I think the price is very high.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
I believe the owner himself bought this NFT just for the publicity stunt because honestly, no one will ever pay such an amount for a bad image. Sad
It's nonsense to call that as an image. it has a very bad resolution and this is a nonsense thing to have a very high value. I do agree about what you are saying above and it could be a manipulation that has already been done by him to create sensations to attract the users from the crypto.
it's not worth to be called as an image lol
full member
Activity: 1092
Merit: 151
PredX - AI-Powered Prediction Market
I believe the owner himself bought this NFT just for the publicity stunt because honestly, no one will ever pay such an amount for a bad image. Sad
that's right, the maker bought back the nft because which sane person would buy an nft with that bad picture.  Expensive nft will only be bought if it is truly historical or owned by a famous person, while those in the picture are not both.  until now i still think that nft is ridiculous
legendary
Activity: 3080
Merit: 1500
This entire incident shows that people are selling from craps to garbages in the name of NFT that literally translates the NFT to "New Foolish Trend" instead of "Non Fungible Token". Just doesn't make sense! I understand some people have so much money that they don't mind spending that much for a piece of shit. I encourage them to feed the poor people at least once in a week instead of throwing money into drain. You will get the blessing from these poor people which has more value than having a shit NFT.

Just another nonsensical staff happened in crypto market! And people say fiat is printed out of thin air!!!
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
I still don't understand who buys it and why. Money laundering?
It doesn't seem to be a money laundering. When you are buying it and then it doesn't mean if you can sell it instantly. You must also find someone who interested to buy your NFT
I do believe someone who have bought such NFT is just wanna wasting his money.
There are lots of NFT with non sense price just like cryptopunk.

1 cryptopunk worth million dollars. that's also a non sense thing
full member
Activity: 1498
Merit: 146
I believe the owner himself bought this NFT just for the publicity stunt because honestly, no one will ever pay such an amount for a bad image. Sad
full member
Activity: 630
Merit: 100
This type of arrangement is not new,  money can be paid,  laundered or use for any kind of motive.  Nft is actually pretty good aspect of Cryptocurrency trading but people can do a lots of things for self promotion!  I have seen a situation where so much was paid for few dollars transactions.  What happen in cryptocurrency could be strange sometimes!
sr. member
Activity: 1554
Merit: 413
...Now in 2021, the announcement-turned-meme was auctioned as one of Pakistan’s first meme NFT, selling for $51,530 or 20 ethereum by Alter, which conducted the sale on the digital art marketplace Foundation, the world’s largest platform for NFT listings.
The desperation to make NFT converted pictures widely popular in the region is pretty evident on this one. They wanted to create a buzz and so they are willing to pay that much. I won't be surprised if the winning bidder is also part of the marketing scheme. It's their ETH anyway.
hero member
Activity: 1946
Merit: 502
It seems people don't know what to spend money on, to be honest some nft are not worth the trouble or the amount paid on it, just like this very meme nft, it doesn't seem like any hardwork was put in creating it imo, I guess different stroke for different folks, seem too overpriced for it's simplicity, $51,530 is too much for this, what benefit will the buyer derive from spending so much!
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token


My reaction: speechless! Bocaue I could not believe that a simple story like that which was not really considered as a breakthrough or history-making can be commending a spectacular price as an NFT and that it was sold or bought by someone who we assumed really got the money to splurge. Now, I am wondering, what kind of value or use-cases that NFT is bringing to the owner? Of course, this is always subjective because generally we categorized NFT in this case as an art and the value and beauty of an art is in the eye of the beholder...which is akin to choosing your own wife or husband. Now, how many other people are right now thinking of maybe breaking up with their boyfriend or girlfriend in a dramatic way and make huge money out of it by converting the story into a meme NFT?
full member
Activity: 700
Merit: 182
The Meme photo



The Tweet from nft alert twitter account when they launch that meme as an NFT



The post



This story start from a facebook post which is posted by Mohammad Asif raja. An edited photo wher he mention he is breaking up with his best friend because he got a new best friend. And his old best friend is selfish like something. Caption and photoedit was epic thats why that post becomes viral overnight.  And the memers make it trend to make their new meme. They become famous. Because we usually know breakup is happening with two couple to end up relationship but no one watch friend breakup post ever. Well it happened maybe but this post becomes a meme. Then Years later, the post which had become a popular meme, was auctioned off as a NFT (non-fungible token), and sold on Friendship Day.

Now in 2021, the announcement-turned-meme was auctioned as one of Pakistan’s first meme NFT, selling for $51,530 or 20 ethereum by Alter, which conducted the sale on the digital art marketplace Foundation, the world’s largest platform for NFT listings.

Source: The Indian Express



Now whats your opinion about that. In my opinion anything can be nft which is possible to happen in virtually.  And NFT price is unpredictable.  And for this NFT i truely want to say they creat a new history for friendship day in crypto industry. Whats your?
Jump to: