World News Headlines May 4, 2022 Under One Ceiling 0 Elon Musk changes Twitter avatar to Bored Ape NFTs 0 0000 0 0 more Elon Musk changes Twitter avatar to Bored Ape NFTs May 4, 2022 Under One Ceiling now playing Transferring money from UAE abroad: what are my cheapest options May 4, 2022 Under One Ceiling WIN With Nespresso This Mother’s Day May 4, 2022 Under One Ceiling NBA Playoffs 2022: A Casual Fan's Guide to the Postseason May 4, 2022 Under One Ceiling Best New Climbing Gear of 2022 May 4, 2022 Under One Ceiling A Local Weekend Travel Guide to Austin, Texas May 4, 2022 Under One Ceiling First Drive: 2022 Range Rover Ups the Luxury SUV Experience May 4, 2022 Under One Ceiling Most Stylish Rain Jackets, Parkas, and Trench Coats for Men May 4, 2022 Under One Ceiling EU eyes Russian oil import ban as Moscow strikes western Ukraine May 4, 2022 Under One Ceiling World-class Clark Int’l Airport opens new 110,000 square-meter passenger terminal May 4, 2022 Under One Ceiling PCG: Bodies of 5 children who drowned in Taal Lake found May 4, 2022 Under One Ceiling Elon Musk changes Twitter avatar to Bored Ape NFTs Wealthy person Elon Musk, CEO of pretty much everything, is apparently into NFTs. Tesla and SpaceX CEO and soon-to-be Twitter owner has changed his avatar on Twitter into a collage of Bored Ape NFTs, a popular collection which currently costs hundreds of thousands of dollars per NFT. For an explainer of what NFTs are, go here. Suffice to say that they’re a special type of cryptocurrency, each one is unique, and they can get very pricy. Bored Apes (the full name of the project is Bored Ape Yacht Club) are highly coveted among NFT collectors. So coveted, in fact, that a recent NFT project launch by Yuga Labs, makers of the Bored Ape NFT, caused gas fees on Ethereum to rise into thousands of dollars. Ethereum is a blockchain platform that charges users gas (which is basically just ETH, the underlying currency of the platform) for each transaction. When the blockchain gets clogged due to high number of transactions, gas fees go up, sometimes astronomically. SEE ALSO: Bored Ape Yacht Club caused Ethereum fees to soar to astronomical levels So, what does it all mean? Does Elon Musk own a Bored Ape? Is he buying that entire project as well? Is this his Ethereum wallet (it owns the Bored Ape that Musk used for his Twitter avatar)? We don’t know for sure, cause Musk hasn’t commented on it. But rest assured, the man will say something about it on Twitter very soon. He always does. Related No related posts. tags: RSS Feed World News 0000 0 0 previous Ukraine war: EU plans Russian oil ban and war crimes sanctions next These illustrations are challenging the lack of representation in women's healthcare
