Compiled by: Felix, PANews
On Sunday evening, NFTs and blockchain made an appearance in the animated comedy "The Simpsons". (Note: The show is an adult animated sitcom created by Matt Groening for the American Fox Broadcasting Company. The show satirically depicts the daily lives of the Simpson family - Homer, Marge, Bart, Lisa, and Maggie - and humorously mocks the lifestyle of the American middle class, as well as satirizing American culture, society, TV programs, and human nature.) In the Halloween special "Treehouse of Horror 34", the show repeatedly mentioned the overvaluation of NFTs in the first chapter titled "Wild Barts Can't Be Token".
Critique of NFT Speculation, Related Themes of NFT FOMO Market
In this episode, Maggie ventures through the woods to rescue Bart, who is now a living NFT, while the mayor announces that Springfield's art gallery will be digitized. Additionally, there are numerous blue-chip NFTs featured, such as Beeple's works, Bored Ape Yacht Club, and second-tier PFPs, all of which are proven to be almost worthless. The show also mocks the speculative nature of certain NFTs, with Homer initially shocked by the digitization of Bart, but later ecstatic to find out that Bart's NFT is valued at $1.5 million.
However, this satire did not have a widespread negative impact on blue-chip NFTs. According to OpenSea data, the floor price of BAYC has risen slightly by 1.77% in the past 24 hours, but still significantly below its peak. The floor price of MAYC has risen by 1.25% in the past 24 hours. The floor price of CryptoPunks has dropped by 11.74% in the past 24 hours.
Ironically, "The Simpsons" author Rino Russo's release and open free minting of the "The Simpsons" themed NFT series, Springfield Punks, experienced a roller-coaster FOMO market. OpenSea data shows that its floor price surged to 0.45 ETH at its peak, but has now dropped to 0.12 ETH. This perfectly replicates the speculative nature of NFTs depicted in the animation.
Noah Bolanowski, a collector of NFTs and consultant at the IRL NFT gallery Crypt Gallery, provided an assessment of the show's portrayal of NFTs. "I love the emphasis on art in this episode - most PFPs are low status, while art is positioned at a noble level. They even have BAYC washing people's feet. They divided the NFT market into 3 categories. PFPs are in the lowest category, followed by Cryptokitties, and finally the top-tier digital artist Beeple's works."
"The Simpsons" Previously Mocked Cryptocurrency Multiple Times
Although this episode extensively referenced last year's NFT market crash, this is not the first time the show has mentioned cryptocurrency (or NFTs). In 2020, "The Simpsons" explained the workings of blockchain and cryptocurrency in the episode "Frinkcoin" (S31, E13). In this episode, Professor Frink introduced Lisa Simpson to cryptocurrency through "the most popular scientist on TV, Mr. Jim Parsons" - the actor who played Sheldon Cooper in "The Big Bang Theory". He also provided a ledger, poking fun at the identity of Satoshi Nakamoto.
"In order for cryptocurrency to work, we need to record every transaction that occurs. These are all recorded in what's called a distributed ledger. When you use this currency, the transaction is recorded in a ledger, and when a ledger is filled, we add it to a series of previous ledgers - that's the blockchain."
In the episode "The King of Nice" last year, there was a joke where the clown Krusty was forced to use the Cameo app (Note: Users can pay social media influencers through the Cameo app to say what they want - such as birthday wishes or jokes), because Krusty had spent all his money on NFTs. Krusty described it as "uninteresting television".
This is not the first time "The Simpsons" creator Matt Groening has belittled cryptocurrency and blockchain. Earlier this year, in an episode titled "How the West Was Digitized 101001" from the popular animated series "Futurama" created by Matt Groening, cryptocurrency miners were ridiculed.
The episode aired on Hulu on August 7th this year, telling the story of a professor who told his team that he borrowed money from the organized crime robot mafia to invest in Bitcoin, which later crashed and left the crew bankrupt. In this episode, set in the year 3023, people are still mining Bitcoin, and even in the future, Bitcoin remains unstable.
Some believe that the episode was inspired by the classic Western work "How the West Was Won", which partially tells the story of how pioneers during the "gold rush" era went west to discover gold. The number 101001 (in decimal, 81) is said to refer to the 2018 Bitcoin crash, when cryptocurrency fell by 81%.
The show also humorously addressed concerns about the significant use of electricity in the Bitcoin mining process. Additionally, there was a "crypto country" called "Doge City" named after the popular meme token Dogecoin (DOGE).
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