An anonymous reader shares a report: Non-fungible tokens have risen in interest and value over the last year, with Bored Ape Yacht Club among the most popular and valuable collections. Here’s what one of the Ethereum co-founders had to say about the Bored Ape Yacht Club. The rise of NFTs has led to a rise in Ethereum’s price and use cases. Ethereum co-founder Vitalik Buterin was interviewed by TIME in a cover story, labeling him the “Prince of Crypto.” In the interview, Buterin said there are increasing dangers with cryptocurrencies, including overeager investors and soaring transaction fees. “Crypto itself has a lot of dystopian potential if implemented wrong,” Buterin said. The Ethereum co-founder went on to take an apparent shot at Bored Ape Yacht Club, an NFT collection that was minted on the Ethereum blockchain in April 2021.
“The peril is you have these $3 million monkeys, and it becomes