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    Home » News » Vitalik Buterin Simply “Dislikes” Expensive PFP NFTs Like BAYC

    Vitalik Buterin Simply “Dislikes” Expensive PFP NFTs Like BAYC

    By MicahMay 18, 2022Updated:January 27, 20232 Mins Read

    Ethereum co-founder Vitalik Buterin is not fond of expensive PFP NFTs. Through a Twitter post, he shared a list of his open contradicting thoughts and values, including his dislike for “$3M monkeys” which seems to reference BAYC.

    The picture shows Ethereum co-founder Vitalik Buterin
    Vitalik Buterin is a programmer, writer, and co-founder of the Ethereum blockchain. Credit: 2017 Bloomberg Finance LP

    Vitalik Buterin’s Opinion About Crypto and NFTs

    Buterin who is a programmer and active crypto community member has been vocal about his opinions about anything connected to the Ethereum blockchain. It is not surprising that he openly expressed his dislike of high-priced PFP NFTs such as BAYC which is Ethereum-based.

    According to his post, he doesn’t like many modern financial blockchain applications citing “$3M monkeys” as an example. However, he added that he has a grudging appreciation for the role it plays in the crypto economy and DAO governance.

    The post shows a tweet by Vitalik Buterin about expensive NFTs such as BAYC
    Buterin is not a fan of expensive NFTs. Credit: Vitalik Buterin on Twitter

    BAYC Holders Responds to Buterin’s Post

    The NFT community didn’t miss the chance to respond to Buterin’s post. BAYC holders in particular defended the famous Bored Apes NFT Project.

    Twitter user @just1n_eth replied to Buterin and said the Ethereum co-founder should put some respect on Bored Ape Yacht Club’s name. “The reality is BAYC is culture and is the most successful NFT collection built on ETH. Embrace the community for the success that it is, instead of consistently taking your shots,” he added.

    Others took the time to explain the contribution of PFP NFTs to the endless possibilities of blockchain technology. For instance, @BenjiSucher on Twitter said “PFPs will not be the end state for NFTs but it’s what’s currently desirable to the market”. Moreover, he highlighted that the use of PFP will lead to the other more important applications of NFTs.

    Lastly, Bored ape holder @OGDeathBot expressed his thoughts about the matter: “Digital collectibles are fun. Monkey PFP NFT jpegs are fun. These are necessary for mainstream adoption. It’s one of the gateways to the amazing ecosystem you’ve helped to build on Ethereum.”

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

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    Micah

    Micah is a writer based in the Philippines. She loves to write about the things that spark her interest like tech, art, blockchain, and NFTs. In her free time, she paints using acrylic and watercolor, reads fictional novels, and plays video games.

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