NFTs Explained: Use Cases, and Why “Right-Click & Save” Doesn’t Work
The Bored Ape Yacht Club (BAYC) is by far the crown jewel of NFTs. At its peak, its floor price reached a staggering $300k. To put things into perspective, $300k could get you a comfortable house in almost any part of the world, or a high-end sports car like Lamborghini Huracan, with plenty still left over!As such, it can be perplexing for most of us to comprehend how on Earth is a digital image be worth that much. Who in their right mind would pay $300k for the JPEG of an ape that anyone can right-click and save?You’re…