this post was submitted on 04 Sep 2023
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chapotraphouse

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The funniest thing about NFTs is all the real companies that fell for that shit (hexbear.net)
submitted 2 years ago* (last edited 2 years ago) by Dirt_Owl@hexbear.net to c/chapotraphouse@hexbear.net
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The most obvious stupid scam ever conceived and they actually managed to hook a bunch of actual corporations

Square Enix, Nickelodeon, Coke, KFC, and more fell for this shit while regular people were laughing about how obvious a con it was.

Really puts into question the capitalist myth of the genius entrepreneur and the idea that these corporate types are rich because they are smart or deserving in some way.

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[–] batsforpeace@hexbear.net 24 points 2 years ago

yeah I think the execs in these companies saw that people in their rich social circles were messing around with crypto and thought that meant everyone else is doing it and it's the next big thing, for an industry that markets itself as innovative there's a lot of herd mentality in tech