Ethereum Founder Mocks Bored Apes, Which Are Built on Ethereum

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'‘Hey, look, it's a monkey!’'

, Ethereum founder Vitalik Buterin made fun of the Bored Ape Yacht Club NFT collection — which, notably, is built on EthereumAs self-aggrandizing as it sounds, Buterin may have been right when he told the crowd that he and his fellow crypto pioneers were at the forefront of a "great battle between the authority of the nation-state and the desire for individual freedom" — a battle that is, per his telling, all but forgotten while today's Web3 acolytes go, "'Hey, look,...

"The problem with crypto space is that it has great incentives," he admitted later in his speech, "but at the same time, it has incentives to go into very weird directions sometimes."It's pretty clear both from the "monkey" quip and Buterin's past comments about the BAYC that he's not a huge fan of NFTs.

 

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