The market for ownership rights to digital art, ephemera and media — known as nonfungible tokens, or NFTs — continues to grow and bring attention to widely viewed videos and memes that many people have long forgotten.
NFT buyers are not usually acquiring copyrights, trademarks or sole ownership of whatever they purchase. They're mostly bought with the idea that their copy is authentic.
Disaster Girl, a meme from a photo of Zoë Roth in 2005 looking at a house on fire in her neighbourhood, sold last month in an NFT auction for US$500,000 ($692,000). Nyan Cat, an animated flying cat with a Pop-Tart torso that leaves a rainbow trail, sold for roughly US$580,000 ($804,000) in February. Among other headline-grabbing auction purchases: Jack Dorsey's first tweet sold as an NFT for more than US$2.9 million ($4 million); a clip of LeBron James blocking a shot in a Lakers basketball game went for US$100,000 ($138,000) in January; and an artist sold an NFT of a collage of digital images for US$69.3 million ($138.6 million).
During an NFT sale, computers are connected to a cryptocurrency network. They record the transaction on a shared ledger and store it on a blockchain, sealing it as part of a permanent public record and serving as a sort of certification of authenticity that cannot be altered or erased.
There were 11 active bidders in the war for the NFT that was driven mainly between two bidders named 3fmusic and mememaster, who ultimately was outbid by 3fmusic for US$45,444 ($62,988). The bidding closed Sunday.
The impact of the Charlie Bit My Finger video continued to be felt several years after it was first posted. It was written into a Gerber spot and a 30 Rock episode and was the subject of countless parody videos. But it's still well known for setting off a genre of contagious viral videos.
Howard Davies-Carr, the father of Charlie and Harry, told The New York Times in 2012 that even though he didn't think of his sons as celebrities, they had nonetheless become a brand. The family was recognized in random places, including on the subway in London.
In a 2017 interview with the brothers on The Morning, a British talk show, Davies-Carr said he was filming the two boys growing up "just doing normal things" and that Charlie bit his brother's finger while watching television after a busy day in the garden.
"The video was funny, so I wanted to share it with the boys' godfather," Davies-Carr said, adding that their godfather lived in America and that the video was initially private, but people, including his parents, had asked to see it since it was difficult to share, so he made the video public.
A few months later, when the video had at least 10,000 views, Davies-Carr said he almost deleted it. Profits from the video and other opportunities allowed the family to send Charlie, Harry and their two other brothers to private school, said Shelley Davies-Carr, the boys' mother.
The viral video with humble beginnings, which Charlie and Harry decided to sell, helped Shelley Davies-Carr stop working full time when her fourth child was born.
"I was just watching TV and just decided to bite him," Charlie Davies-Carr said in the interview. "He put his finger in my mouth, so I just bit." Harry Davies-Carr couldn't remember the pain from that bite.
Written by: Christina Morales
© 2021 THE NEW YORK TIMES
