If you require a word picture of the future of nontextual matter , imagine a boot stamping on a human human face — constantly .
Elon Musk ’s abomination of a non - fungible token ( NFT ) is sellingfor over one million dollar , not quite proving there is no God , but certainly demonstrating that if one does exist they might be feeling woozy and need to lay down for a while .
NFTs are a shape of smart contract that ’s used to delegate ownership and authenticity of digital good . At the moment , the hot NFTs are for works of art that have been tied to the blockchain in some way . NFTs are “ non - fungible ” mean that unlike unit of cryptocurrency which are equal to and can be swapped for one another , NFTs are unique . Like cryptocurrencies , their time value is dubitable beyond the on-going surge in in high spirits - endangerment speculative investing . They ’ve become the recent furor in a long chain of other crypto vehicles roll from initial coin offerings tosimply slapping wordslike “ blockchain ” onto a product in the hopeits time value will rocket , with numerous pieces of NFT art selling for millions of dollars — and because most NFTs rely on extremely inefficient , convoluted “ proof of work ” blockchain processes , they suck up massive total of electricity .
Screenshot: Twitter/Elon Musk (Other)
Musk ’s donation to this musical style is suitably wan and direct the shape of a video of an objectionable atomic number 79 CGI “ Vanity Trophy ” cover in cryptocurrency denotation no particularly well - adjusted somebody should get ( hodl , computer never kip , to the moon , etc . ) rotating while a techno song of a woman saying “ NFT / for your vanity / computing machine never sleep / it ’s verified / it ’s guaranteed . ” The SpaceX and Tesla CEO announced the auction on Monday with the caption “ I ’m sell this call about NFTs as an NFT . ”
I ’m selling this song about NFTs as an NFTpic.twitter.com/B4EZLlesPx
— Elon Musk ( @elonmusk)March 15 , 2021
Noted medicine enjoyer Elon Musk , everyone .
I have it away music . It makes my heart sing .
— Elon Musk ( @elonmusk)March 14 , 2021
Like his anterior comedic stylings such as a 2019 hip-hop vocal aboutHarambe the dead anthropoid , the fact that the NFT is annoying fanservice is part of the “ joke ” and sets up a no - win situation in which any contempt feel towards it by others merely flatters Musk ’s perceptual experience of himself as a clever round - boy . ( You win this round , Elon . ) Unlike the Harambe strike birdsong , one can reasonably suspect Musk did n’t actually have much to do with its creation beyond tell some subordinate to make it — unless he ’s of late lease up 3-D modeling — and it ’s up for auction sale at a currenthigh play of $ 1.12 millionfrom Bridge Oracle CEO Sina Estavi .
It ’s unclear how much juice the eventual sale of Musk ’s NFT might suck up . But it ’s being sold on Valuables by Cent , which swear on the trial impression of work Ethereum blockchain . That means the sale should terminate up be a massive amount of kilowatt - hours .
Musk is worth anestimated $ 182 billionand his other hobbies admit encouraging mass to grease one’s palms Dogecoin , a joke cryptocurrency thatsurged this yearamid a Musk endorsement and which will likely doss down again in the future .
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