There are a lot of external critics but it can also be marred by infighting.
The Bored Ape Yacht Club NFT collection was made fun of by Vitalik Buterin at theBlockchain Futurist Conference in Toronto.
When Buterin told the crowd that he and his peers were at the forefront of a battle between the authority of the nation-state and the desire for individual freedom, he may have been correct.
He admitted later in his speech that the problem with the space is that it has great incentives, but it also has incentives to go into very weird directions.
It's clear from the "monkey" quip and Buterin's past comments that he's not a big fan of NFTs.
In an interview with Time magazine, the founder likened the NFT collection to high-stakes gambling and decried its "dystopian potential."
In a clear reference to the BAYC, Buterin told the magazine that the monkeys could become a different kind of gambling.
Buterin said she didn't hate apes and wanted them to fund public goods.
The man might not like apes. He definitely doesn't love them either.
'Hey, Look, it's a monkey!' Vitalik Buterin is optimistic about the merger.
Nfts are on the rise because nothing makes sense.