19th August 2021 > > Non-fungible tokens.

tl;dr

The non-fungible tokens (NFTs) market is booming.

Market Snap

Market Wrap

Another relatively disappointing 24 hours for the evolution of the BTC price. I know I called for a period of price stability, to allow a solid base to develop from a consolidation phase.

It’s just that my attention span is a bit too short, and I am getting a little bored with this lack of volatility.

Occasional Series – Afghanistan and the Sussexes

Amidst the humanitarian disaster unfolding in front of us, at long last those who are threatened by - and vulnerable to - the Taliban have some succour.

The Sussexes state with determination:

“… those in positions of global influence (should) rapidly advance the humanitarian dialogues”.

The language of California is notoriously difficult for an outsider to comprehend, but I am sure this amounts to something more than just platitudes.

Curious Cryptos’ Commentary – The NFT business is booming

I hear a whisper of CryptoPuppies – anyone know anything?

Curious Cryptos’ Commentary – The NFT business is booming

Some recent entrants to this market include:

- Lionel Messi;

- World Wrestling Entertainment (WWE);

- The Undertaker;

- Bacardi;

- Various ice hockey “legends” though sadly not Vladimir Putin as of yet;

- Sad Frogs;

- Pudgy Penguins.

And the most surprising of all, some (occasionally) coloured rocks:

https://fortune.com/2021/08/10/nft-rocks-200000/

As the creators themselves say, “These virtual rocks serve NO PURPOSE …”

…

I disagree. All art serves a purpose. To think otherwise puts you into the same nihilistic mind frame as the Taliban, dramatically demonstrated by their destruction of the Buddhas of Bamiyan in 2001.