this post was submitted on 03 Jan 2026
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Microblog Memes

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[–] dual_sport_dork@lemmy.world 4 points 4 days ago (1 children)

It can be, but IIRC in the case of the Bored Ape Yacht Club ones it wasn't. I think.

Maybe someone who was smart enough to buy one can chime in and let us know the mechanics.

[–] cadekat@pawb.social 5 points 4 days ago (1 children)

Apparently the apes are stored on IPFS, which is a distributed file storage system. As long as one copy exists, you can prove that copy is correct against the chain. Anyone can host a copy.

I thought they were plain HTTP as well!

Source: https://etherscan.io/address/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d#readContract#F6

[–] NikkiDimes@lemmy.world 2 points 4 days ago* (last edited 4 days ago) (1 children)

Even better, I just checked it's hash on IPFS, it just points to a directory containing all possible bored apes...yours is just whichever the NFT meta data says is yours. What a joke LMAO

[–] cadekat@pawb.social 2 points 4 days ago (1 children)
[–] NikkiDimes@lemmy.world 4 points 4 days ago (1 children)

Ahhh, you are correct. I still maintain that it is a joke, however haha

[–] cadekat@pawb.social 3 points 4 days ago* (last edited 4 days ago) (1 children)

Oh god, I know... I assume you're probably talking about NFTs as a whole, but even as someone in the space, these dumb tokens give us all a bad name...

There are actually useful NFTs! Like you can get an NFT name like example.eth (like a domain), and use it instead of an address in most Ethereum software. That's so much better than stupid apes...

edit: also, I really appreciate the acknowledgement; people can be really, uh, hostile.

[–] NikkiDimes@lemmy.world 4 points 4 days ago

edit: also, I really appreciate the acknowledgement; people can be really, uh, hostile.

No worries! Gotta admit when you're wrong so you can grow as a person :)

And yeah, I'm absolutely sure there are many positive uses of NFTs, storing different varieties of data within a distributed blockchain. It's the speculative part that is just absolutely insane.