Bored Ape Yacht Club creator raises $450M to build an NFT metaverse

a16z has built a huge machine (several, actually) for crypto holders to spend their coins on “worthless” collectibles, which is one of the only ways to see your crypto holdings increase hugely in value now that their steady rise in price has stalled.

I went to the metaverse, and all I found were shysters and suckers. But they were hard to tell apart.