Frequent YouTube prankster and Gay Burger restauranteur Elijah Daniel’s latest stunt is the NFT-vending Clout Market, which he describes as “like a stock market, but for investing in humans.”
The “humans” currently available for “investing” are eight satirical nonfungible tokens based on influencers and celebrities: Tana Mongoose (10,000 cards available), Jarmes Charlies (1,000), Jeffree Moon (1,000), Bruce Hail (1,000), the Pool Brothers (1,000), Murk Curbun (five), and Elon Muskular (five), plus one “ultra rare holographic ‘TannerCon’ card.”
Daniel describes the tokens as “Pokémon parody cards that go up in value the more clout, scandals, [and] drama” generated by the real-life people upon which the NFTs are based.
“Prices are calculated by market trade value and an algorithm based of their social stats, popularity. clout, drama, and even scandals,” he explains.
Like other NFTs–a broad and rapidly growing category that encompasses unique items of all sorts, from digital art to songs–the Clout Market’s offerings operate on the Etherium
cryptocurrency blockchain. At press time, one Ethereum is worth around $1,532 U.S.Clout Market cards, none of which appear to have sold yet, vary widely in price. The lowest-priced token (at least for now) is Tana Mongoose at 0.048 ETH, or about $74, and the highest-priced is Murk Curbun at 2.1 ETH, or $3,247.
So why create the Clout Market? Daniel puts it simply: “If we have to live through another one of these dumbass scandals we all better be able to make money off it.”
That being said, “proceeds percentages” from the Clout Market will go to Direct Relief‘s Pandemic Relief Fund, he says.
Daniel is not the first creator to venture into NFTs in recent weeks. Logan Paul has sold nearly $6 million worth of NFTs since mid-February, some of them anime-style digital art renderings of himself, some of them parody Pokémon cards, and some of them video clips from his unboxings of ultra-rare (actual) Pokémon cards.
It just became a lot easier to create AI-assisted how-to videos. A new plugin available…
Buying goods from strangers on the internet is a crapshoot, and customers assume more risk…
Amazon is about to find out whether TikTok users will bring common behaviors to Prime Video. The entertainment hub…
The European Union is set to propose a sweeping new social media, chatbot, and gaming…
Welcome to our rundown of the most-watched branded YouTube videos of the week. We're publishing…
When Steven Bartlett landed an eight-figure investment last year, his backers valued his company at $425 million. That…