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The funniest thing about NFTs is all the real companies that fell for that shit (hexbear.net)

submitted 1 year ago* (last edited 1 year ago) by Dirt_Owl@hexbear.net to c/chapotraphouse@hexbear.net

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The most obvious stupid scam ever conceived and they actually managed to hook a bunch of actual corporations

Square Enix, Nickelodeon, Coke, KFC, and more fell for this shit while regular people were laughing about how obvious a con it was.

Really puts into question the capitalist myth of the genius entrepreneur and the idea that these corporate types are rich because they are smart or deserving in some way.

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[-] Elon_Musk@hexbear.net 30 points 1 year ago

Did any real company lose money on it? It was free income for the IP holders.

[-] tyler99b@hexbear.net 10 points 1 year ago

I feel like square has to lose money on it, they're still dumping money into nft games and haven't released anything yet while it's shown to be wildly unpopular among what has released.