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2021-03-03
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Why Crypto Veteran Charlie Lee Is Sounding Alarm Against NFT Craze
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Crypto Veteran Charlie Lee Is Sounding Alarm Against NFT Craze\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 15:54 GMT+8 <a href=https://www.benzinga.com/markets/cryptocurrency/21/03/19976209/why-crypto-veteran-charlie-lee-is-sounding-alarm-against-nft-craze><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Litecoin(CRYPTO: LTC) creator Charlie Lee, is warning about the frenzy surrounding non-fungible tokens.\nWhat Happened: Lee, a former engineer at Alphabet Inc search unit Google, sounded the alarm on ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/03/19976209/why-crypto-veteran-charlie-lee-is-sounding-alarm-against-nft-craze\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/03/19976209/why-crypto-veteran-charlie-lee-is-sounding-alarm-against-nft-craze","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185437524","content_text":"Litecoin(CRYPTO: LTC) creator Charlie Lee, is warning about the frenzy surrounding non-fungible tokens.\nWhat Happened: Lee, a former engineer at Alphabet Inc search unit Google, sounded the alarm on the parallels between the ICO rush of 2017 and the current NFT craze in a Twitter post on Tuesday.\nThe cryptocurrency veteran described NFTs as “Non-Finite Tokes” and pointed out that there is “zero cost to create [an] unlimited number of tokens.”\nIn a separatetweet, he cited the example of Justin Roiland of “Rick and Morty” fame and his NFT artwork and questioned what’s stopping others such as “Simpsons” creator Matt Groening or animator Mike Judge from creating millions of new NFTs.\nLee also threw a challenge and asked to be proven wrong.\nLeeclarifiedthat while digital artwork takes time and effort to create, NFT is not the artwork.\nWhy It Matters:NFTs are akin to digital certificates of authenticity and can be used for digital assets such as games or artworks.\nNFTs have attracted several artists, with the latest being Grimes, the partner ofTesla IncTSLA 4.45%chief Elon Musk, who sold digital artworks for nearly $6 million, reported the Verge.\nOthers that have jumped on the bandwagon reportedly include Beeple who sold $3.5 million worth of art last year and actress Lindsay Lohan.\nMeme Nyan Cat and electronic musician 3LAU are some other notables that have profited from the trend.\nPrice Action:LTC traded 3.4% higher at $182.23 at press time, while the apex cryptocurrencyBitcoin(CRYPTO: BTC) traded 2.09% lower at $48,624.08.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":14,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/365536067"}
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