DEEPFAKES & BORED Apes

A few months back, I decided to take a closer look at this NFT business. I love art, and these digital enigmas are said to be ‘revolutionising the art world’. But what do you do with a digital work of art, and why on earth would anyone pay millions of dollars for one? And why is all the ‘art’ I see associated with NFTs just so damn awful?

I assumed I was missing something, so I did some research. Lord have mercy on our souls, dear reader. I did not discover that NFT art has an esoteric yet authentic value not immediately obvious to Luddites like myself. Quite the opposite. They’re even worse than I suspected. Partly, it’s the name: non-fungible token. (Fungible… sounds like a word you’d use to describe a bacterial infection.) Partly, it’s what they represent: crude, cartoonish