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Despite being a supporter of Dogecoin, Elon Musk, the CEO of SpaceX and Tesla, is a vocal opponent of NFTs.
And now, in typical Musk fashion, he's changed his profile image to what appears to be a stolen collage of Bored Ape NFTs, provoking outrage within the notoriously irascible NFT community.
“I dunno… seems kinda fungible,” Musk tweeted, in an apparent mockery of the tech.
I dunno … seems kinda fungible
— Elon Musk (@elonmusk) May 4, 2022
The image appears to have been created as a promotional piece for Yuga Labs' sale at the prestigious auction house Sotheby's.
Unsurprisingly, Sotheby’s doesn’t seem happy either, with its digital art specialist Michael Bouhanna tweeting at Musk that “as much I admire your work I’d like you to remove your [profile picture] that I created for our Sotheby’s sale.”
@elonmusk as much I admire your work I’d like you to remove your pfp that I created for our Sotheby’s sale. Or you credit me 😂. Happy to send you the original file minted with the buyer approval 🫡 pic.twitter.com/e83ZyxWGH5
— Michael Bouhanna (@michaelbouhanna) May 4, 2022
“Or you credit me,” Bouhanna suggested. “Happy to send you the original file minted with the buyer approval.”
The NFT crowd also seems irate.
“He is just trolling the NFT community,” wrote one fan. “Bored for sure.”
“Elon Musk literally made a collage of screenshotted bored apes his profile pic to troll NFT owners,” wrote investor Parik Patel.
NFTs have long been a source of contention for Musk. He derided the tokens as a sign of mental illness in December, publishing a meme of a patient on a therapist's couch. A caption over the therapist asks, "Are these 'NFTs' in the room with us right now?"
Musk also made fun of Twitter's hexagonal NFT profile image feature, which was recently given out to Twitter Blue subscribers.
He tweeted at the time, "This is annoying." "While crypto scammers have a spambot block party on every post, Twitter spends engineering resources on this nonsense!"
Of course, things have altered dramatically since then, with Twitter's executives tentatively agreeing to sell the company to Musk.
This is especially intriguing because Musk has expressed his concerns about cryptocurrency frauds on Twitter multiple times during the sale process, vowing to put an end to them once and for all. In the crypto realm, NFTs have become a huge scam magnet, with millions of dollars worth of NFTs being stolen practically weekly.
His fresh interest, though, could be a triumph for the NFT, whose sales have just flatlined after reaching record highs late last year, according to The Wall Street Journal.
According to CNBC, ApeCoin, the token established by the creators of Bored Ape, gained 19 percent just an hour after Musk updated his profile image.
Will NFTs rise once more as more celebs pay seven-figure sums on random JPGs of obnoxious apes?
All it takes is a cryptic tweet put out by Elon Musk, as we've seen many times before.