WEBVTT

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- Early Internet users may
remember a GIF of a baby

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in a diaper doing a little happy dance.

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(modem beeping)
(upbeat music)

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The Dancing Baby was released in 1996

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as one of the first Internet memes,

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and it's recently been
remastered in horrifying HD.

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It's giving off some seriously
uncanny valley vibes.

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If you're asking yourself: Why now?

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Like I was when I was writing this story,

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the answer's pretty simple; it's an NFT.

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I regret to inform you that
nothing is truly sacred anymore.

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The NFT is a collaboration
between Autodesk,

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the owners of the original
GIF, and HFA Studio,

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a 3D-design studio based in Austria,

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which resulted in The
Dancing Baby Collection.

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The Dancing Baby Collection features

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the updated Dancing Baby
along with six other versions

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which range from cool to interesting.

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The Dancing Baby is actually not the only

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internet meme turned into an NFT.

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The Nyan Cat was placed on
the block chain last year

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and sold for over $800,000.

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The Dancing Baby is currently
valued at around $2,700,

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far less than the Nyan
Cat, and that may be a sign

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that the crypto boom is beginning to bust.

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(explosion booms)

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The Wall Street Journal reported

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that NFT sales have fallen 92%
since September of last year

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which is more than my grades
fell during my senior spring.

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Update: on May 13th The
NFT sold for 11.11 Ether

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which was valued at $22,980.92.

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Holy shit, that's so much money.

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I would sell my integrity for 23K.

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You know what? Turn me into an NFT.

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(grand lively music)

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To read this story and others
like it, check out Gizmodo.com