NFTs Have Had Their iFart Moment
Did you really think this all ends with monkey pics?
Remember that farting app on the first gen iPhone?
The iFart app was bringing in up to $10,000 per day for the developer, while the app’s success spurred on a giant wave of copycats on the App Store.
And what about that beer glass app? At its peak, this bad boy was making the developer $20,000 a day! The FOMO was so strong, that even established brewer Coors had to get in on the action with their own iPint app.
These were the crowning achievements of the first smartphone era, towards the end of 2008, right when Bitcoin first became a thing.
It’s a far cry from the plethora of utility that rests in our pocket today. The criticism was heavy at the time, especially after the progress the industry had made in reducing telephone suitcases to something the size of a matchbox.
The first smartphones were:
- Too large
- Too heavy
- Too expensive
- Too complicated
Mobile internet wasn’t really there yet and the battery life was abysmal.
Over time, our perception of these devices has flipped from being telephones with extra functions, to…
