Reddit Collectible Avatars: The Trojan Horse of NFTs

NFTs have often been used as a scapegoat for the supposedly nonsensical and nihilistic nature of technological progress. The derision stemming from the traditional business world has acted as a barometer of the legacy system’s attitude toward this medium for digital ownership.

Regardless of the underlying motives that have caused the mob to burn NFTs at the stake, established companies that overtly display their affiliation with NFTs have repeatedly dug themselves into a reputational hole.