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An uncle of mine, owns an NFT/Betting startup (early 30s, so no veteran and no doesn't know much coding).
Got 3-4m USD as investments.
It's an utter garbage "app" that he knows will die in an year, and he's drawing big salary and buying properties from the funding until he has the "runway" of funds remaining while app/company works in the background
What bugs me isn't that he's feasting on some random investors' petty change, but that such "ideas" get money thrown at them while ive seen 100s of more fun ideas/apps back in uni-days that died in obscurity when people graduated and retired them as projects, being talked about in 1 liner in their CVs.
This world ain't right :v
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nft
startup
investment