Being unable to be changed, even by

Structured collection of numerical data for analysis and research.
Post Reply
zihadhosenjm40
Posts: 519
Joined: Sat Dec 21, 2024 3:28 am

Being unable to be changed, even by

Post by zihadhosenjm40 »

Being unable to be changed, even by brute force, is a property of (true) blockchain technology. With BAYC, it sounds like they just need to create a Bored Ape Yacht Club website and sell memberships.

You can still have events and club benefits, without there being an mexico whatsapp number data blockchain involved (which isn’t really that immutable if you dig into it). So right off the bat, the whole blockchain and NFT thing seems like a gimmick.


So now you’re basically buying a club membership, but also a club membership that will gain value over time because of… why? From the NFT side, perhaps Apes will keep getting more desirable over time, and will maintain or increase their value. From the IRL club side, perhaps they will come up with member benefits that will make club membership even more valuable than the NFT itself.

Can The Price Go Up Forever?
If you’re buying a BAYC image as an investment, as opposed to just for appreciation of the art, then you should have an investment thesis. What would make the price of an Ape rise over time? How long can an Ape go up in value, by how much, and do you have an exit strategy?
Post Reply