Have you heard people talking about NFTs, or non-fungible tokens? A new surveyfound 66% of people haven't, so we'll try to explain 'em fast . . . and then we'll talk about how a guy is using them to sell his FLATULENCE.
NFTs turn digital files into collectibles. So if someone attaches an NFT to their digital image and you buy it, you own that rare NFT. You DON'T own the file, the creator still does. But you have the "collectible" version of it, and some of 'em sell for BIG money.
It's kind of like buying a baseball card. You own the card, and it has value based on how rare it is and usually how good the player on the card is . . . but you don't own the player. And no, you're not crazy for wondering who the hell wants these things.
Now back to the flatulence. There's a 36-year-old movie director in Brooklyn, New York named Alex Ramirez-Mallis. And during the pandemic, for some reason, he and his friends have been recording themselves every time they pass GAS.
Now he's compiled all of the gas into a digital audio track, called"One Calendar Year of Recorded Farts". And he's sellingan NFT of that file. The top bid right nowis $197. He's also selling NFTs for each individual gas track, and one sold for $85.
Why's he doing this? Quote, "If people are selling digital art and GIFs, why not sell farts? If the value increases, they could have an extremely valuable fart on their hands." I guess he who smelt it dealt it . . . as an NFT.
Hear Scott and Sadie's take on the story here...
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