Planet of the Billion Dollar Bored Apes

Is Bored Ape Yacht Club a Decentralized Disney?

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@jesse_7888 over 3 years ago

Wish there was even an attempt at finding some balance in this piece. Fees like the Buzzfeed story that came out a month or so ago. I subscribe to Every so I can get some interesting perspectives that hopefully help me see/understand something new. Not just click bate style take downs. To look at what this company has done in less than a year and just dismiss it is lazy. We get it “NFT’s are an MLM” “web3 is all hype” even if that might be true consider attempting to understand how/why this tech exists and why the market is responding. You have made it very clear about how much you hate the stupid monkey art. Ok that’s fine now move on and give the reader something more than your personal hot take. How about exploring who the investors are and why they would invest in the first place. These investors such at a16 might not be as smart as you but give us there perspective on what they see and why they would put hundreds of millions on the line. Also love that you ended this with “I want them to succeed”. No you don’t. You have made that very clear. A small group of friends got together and in less than a year have managed to beat some of the biggest players in the world (FB, Disney etc) along with delivering life changing results for the investors. That alone is Inspiring if nothing else. It’s always easier to critique than create and I have zero problem with journalists critiquing as long as they give us readers the whole picture.