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11 June 2021updated 21 Sep 2021 6:37am

Anthony Weiner shows the downsides to the NFT meme boom

The ex-Congressman and convicted sex offender raises the question: can the commodification of shame really bring about ethical redemption?

By Sarah Manavis

It all started with a bit of bad luck. In 2012, an unflattering school yearbook photo of a teenager that was titled “Bad Luck Brian” went viral. The image became one of the most common memes of the 2010s, and its subject, Kyle Craven, the face of millions of jokes. But Craven’s photographic misfortune has now become a major financial gain – he and his friend, who uploaded the image, ended up selling the original meme for $36,000, as an NFT

The NFT meme boom is now in full swing, with the forgotten stars of the 2010s selling their infamy for sometimes hundreds of thousands of dollars. NFTs – non-fungible tokens – are certificates of ownership for digital items, verified through blockchain technology (essentially a digital ledger that tracks the finances attached to certain items). The woman featured in the Disaster Girl meme sold the original image for $473,000; the brothers who star in the “Charlie bit my finger” video sold the original clip for half a million pounds last week. Other subjects of derision from the late Noughties are starting to consider how much they could make if they converted the digital media that made them famous into NFTs. 

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