Bored Ape virtual land sale breaks Ethereum
>A Twitter thread by Molly White, creator of Web3 Is Going Great, documented how exorbitant fees affected people buying NFTs from different projects, often outstripping the underlying asset: a $3,500 fee for a $500 NFT, a $3,800 fee for a $270 NFT, a $3,950 transaction fee for a $260 NFT, and a $3,300 transaction fee for a $25 NFT were just some of the many ridiculous trades executed during the gas war caused by Otherdeed's NFT launch.<p>Instead of talking about these "gas fees" in terms of their monetary value, we should measure them in terms of tons of CO2, or perhaps its equivalent acres-of-the-Amazon-rainforest-lit-on-fire.  I'm 100% serious.<p>All of this, over gifs, jpgs and fake land in a theoretically infinite digital universe that was probably procedurally generated anyway.