New video revives debate over Bored Ape Yacht Club's alleged 'racist' imagery
A video released by investigative YouTuber Philip Rusnack, known as ‘Philion,’ has revived the debate over whether Yuga Labs’ flagship Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection employs racist imagery and white supremacist esotericism. In the hour-long video released June 20 on YouTube, Rusnack laid out his case, claiming that BAYC is “one […]
NFT flipping not so profitable for more than half of buyers: Survey
With the surging popularity of non-fungible tokens (NFTs) many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying a NFT was “to make money”. Blockchain monitoring software company DEXterlab polled more than 1,300 people on Twitter about their NFT buying […]