SNL Imagines A “Family Guy” NFT That Bids For Over $200K

 

 

Beeple just made upwards of $50 million on his art a couple of weeks ago so now anyone who has ever worked in animation or fine art are loving the idea of selling their own shit to make some extra cash. They are doing it by way of a new blockchain-powered art exchange known as Non-fungible tokens or NFT’s. The concept of an NFT is that because blockchain gives you the ability to apply a digital signatory to original works, you get almost a similar gold mine effect as the baseball card run of the eighties in that pieces can be purchased and then resold. For investors, this provides for a great asset to invest in because the government hasn’t figured out how to tax crypto yet unless if you cash-out first, so the bubble is going bananas right now in trying to keep up, and a US government that still thinks next Sunday is a celebration for a fictional character who came back from the dead, hasn’t a clue. For Beeple, he’s had pieces sell for over $60 million, then he gives a cut back to whomever his seller is, then keeps the rest which comes out to roughly $53 million. The one-time animator of all this crazy shit now has more money than you.

To help explain all of this, Saturday Night Live has enlisted the great Pete Davidson, Chris Redd, and others to explain to their audience what the hell NFT’s are. One of the examples being given, Peter Griffin-ballin’ NFT’s, are bidding at over $200,000.