Money vs. Machine
Published in

Money vs. Machine

Why Are Celebrities Paying Big Bucks for Stupid Cartoon JPEGs?

The reason comes down to two specific psychological principles

Celebrities are eating up NFTs like they’re candy. Photo: NFT Now

Maybe you’ve heard the phrase “aped in” or “aping in.”

It’s a phrase coined by the NFT community. NFT standing for non-fungible token. A one-of-a-kind representation of something—usually artwork or photography—on the blockchain.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Alex Bentley

Alex Bentley

I write about crypto, personal finance, business & tech. Also, I publish a bit of humor to make you laugh. Get my FREE newsletter: moneyvsmachine.com