NFT
Twitter CEO Elon Musk delighted fans of the counterculture non-fungible token (NFT) collection Miladys on Wednesday, when he shared a meme featuring the instantly recognizable image of one of the avatar NFTs overlaid with the words, “There is no meme, I love you.”
The collection shot straight to the hottest spot on the NFT marketplace OpenSea, with the bottom price briefly hitting an all-time high of 7.3 ETH (approximately $13,700), then falling back to 5.6 ETH at the time of writing. In the last seven days, the bottom price of the collection has increased by 59%.
Also see: Miladys NFT community is the counter culture to cancel culture
Miladys is a profile picture (PFP) NFT consisting of 9,823 NFTS with wide-eyed childlike faces. Despite the innocuous imagery, the collection has faced conspiracy theories controversies and insults shared by the creator behind Remilia and the project, known as Charlotte Fang, Charlie Fang, or Charlemagne. Remilia’s CEO admitted to being behind an offensive Twitter account and other posts and left the project.
Read more: Everything you always wanted to know about ‘Miladys’ but were afraid to ask
