The creators of the classic “Charlie bit my finger – again!” video is now auctioning it as an NFT, but with a twist. At the end of the auction, which begins on May 22, the original video will be removed from YouTube forever, according to a press release, where it currently has more than 880 million views. The auction begins on the 14th anniversary of the video.
Since NFTs exploded into the cultural landscape earlier this year, we’ve seen many memes sold on the blockchain from the early to mid-2000s, and many of them fetched higher prices than I ever imagined. A non-exhaustive list includes:
Seeing these numbers, some people (myself included) have eagerly said something along the lines of “why would you pay so much for something that isn’t really scarce? I can see Nyan Cat on the Internet whenever I want.” one of YouTube’s most famous videos resolves that argument to some extent, because anyone who ends up at the NFT can claim something scarce. That is, assuming the buyer isn’t just re-posting the video themselves (and ignoring the re-uploads that currently exist on the internet).