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Lamborghini against monkey picture - curious exchange in the new NFT frenzy

2022-02-21T11:28:13.226Z


Lamborghini against monkey picture - curious exchange in the new NFT frenzy Created: 02/21/2022, 12:22 p.m By: Jonas Dirkes The prices for certain NFT's make for curious reports. The YouTuber iCrimax exchanges his Lamborghini for a monkey picture of the Bored Ape Yacht Club. Hamburg – NFTs are currently still very much in hype. It doesn’t matter whether you are a streamer*, an artist or an inv


Lamborghini against monkey picture - curious exchange in the new NFT frenzy

Created: 02/21/2022, 12:22 p.m

By: Jonas Dirkes

The prices for certain NFT's make for curious reports.

The YouTuber iCrimax exchanges his Lamborghini for a monkey picture of the Bored Ape Yacht Club.

Hamburg – NFTs are currently still very much in hype.

It doesn’t matter whether you are a streamer*, an artist or an investor – everyone just wants a piece of the sweet crypto cake.

It tastes particularly good, since the digital speculative objects offer high profit margins.

However, since NFTs themselves have no intrinsic value and only belief in them allows large sums of money to flow, the business with blockchain objects can quickly backfire.

YouTuber* iCrimax doesn't seem to see these dangers, he recently traded his Lamborghini for an NFT monkey from the Bored Ape Yacht Club.

Full name

Maximilian Schuster

Known as

iCrimax

date of birth

10/09/1997

place of birth

Rhineland-Palatinate

network

whitecast

NFTs: What's behind the trend that iCrimax invests its Lamborghini in

What are NFTs again?

A lot of people talk about NFTs, but what does the term actually mean?

NFT stands for Non-Fungible Token.

The system behind it is made possible by the blockchain.

Basically, it is a digital object, be it an image, document or gif, which nevertheless only exists once.

This uniqueness can be proven without a doubt by the blockchain, which can be viewed by all users, in which the owner of the respective NFT is written down.

Although you can copy an NFT image, this crypto substructure makes the actual original unique.

iCrimax traded in their Lamborghini for this beautiful monkey NFT © Twitter @ICrimax

Due to this possibility of scarcity and limitation of digital files, NFTs are viewed by many people as a valuable object of speculation - even if an NFT is essentially worthless.

NFTs have many advantages, but also at least as many disadvantages*.

Unlike a real painting, which is made of real materials that have some intrinsic value, NFTs are only priced by a belief in value.

Just such an NFT has now been bought by YouTuber iCrimax in exchange for his Lamborghini.

NFT monkeys: iCrimax trades his Lamborghini for a copy of the Bored Ape Yacht Club

What kind of NFT did iCrimax buy for his Lamborghini?

iCrimax struck at a Bored Ape Yacht Club NFT monkey.

Monkey #4306 has a yellow rain hat and is both bored and sad.

The project is powered by 10,000 randomly generated NFT monkeys that are fetching exorbitant prices right now.

Just recently, a package consisting of 101 of the bored NFT monkeys was sold at auction house Sotheby's for a mere 20.6 million euros.

Even the cheapest monkeys at the Bored Ape Yacht Club are now scratching the $100,000 per NFT.

Beeple's NFT artwork THE FIRST 5000 DAYS sold for $69,346,250 million.

© dpa/picture alliance/Christie's

So collecting these NFTs is not a cheap pleasure.

However, Beeple's work of art "Everydays: The First 5000 Days" remains the leader in the NFT world at a retail price of 69 million dollars.

However, iCrimax treated itself to one of the NFT monkeys.

The YouTuber had to sacrifice his blue Lamborghini for this.

On Twitter, however, iCrimax is satisfied with his deal.

He brags that his monkey with the yellow cap and teary eyes is the

bigger Flex

than his luxury car - means he's more bragging.

He is also happy to be among the Affen NFT owners.

Twitch bad boy MontanaBlack is also part of the NFT hype* – but his last crypto adventure had unpleasant consequences for him.

Who is iCrimax anyway?

iCrimax is best known for its GTA* content, which it has been running for many years.

The crypto sympathizer has almost 2.7 million subscribers on his home platform YouTube and is one of the German heavyweights.

Unlike many of its colleagues, iCrimax streams on YouTube and primarily addresses a younger target group with its videos and live streams.

The YouTuber doesn't shy away from boasting about his success online: be it a flight in a private jet or the purchase of an NFT worth a Lamborghini.

*ingame.de is an offer from IPPEN.MEDIA.

Source: merkur

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