NFTs Are a Scam book cover

NFTs Are a Scam by Bobby Hundreds Summary

NFTs Are a Scam
Bobby Hundreds
3.61 (88 Reviews)
Technology
Entrepreneurship
Business
Aperçu
Points Clés
Auteur
Questions Fréquentes

Overview of NFTs Are a Scam

Bobby Hundreds takes us inside the wild NFT revolution, where digital art sells for millions yet faces fierce skepticism. Through exclusive interviews with key players, this streetwear mogul reveals how these controversial tokens are reshaping art, community, and digital identity forever.

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Points clés

1

The Banana That Sold for $120,000

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In 2021, while most people were still learning to unmute themselves on Zoom, a parallel universe was exploding into existence. A digital artwork sold for $69 million. Cartoon apes were trading for the price of luxury homes. And somewhere in Los Angeles, Bobby Hundreds-a streetwear pioneer who'd spent two decades building communities around t-shirts-was watching this chaos unfold with a mixture of fascination and dread. His book arrives at the perfect moment: after the euphoria, before the dust settled. What makes it essential isn't that it answers whether NFTs are legitimate or fraudulent. It's that Hundreds refuses to choose. Instead, he offers something rarer than certainty-a map through contradiction from someone who's actually lived it. The title itself is provocative, almost trolling. But that's precisely the point. Just as Charles Manson's crimes unfairly defined the hippie movement despite its lasting contributions to environmentalism and technology, NFTs have been judged by their worst examples. Hundreds acknowledges every criticism: yes, many projects are speculative scams. Yes, ethical boundaries get trampled for profit. Yes, the Metaverse remains vastly overhyped, with billion-dollar companies sometimes serving only hundreds of users. He doesn't dispute Dan Olson's viral takedown video or dismiss the FTX collapse. Instead, he asks: what if both things are true? What if NFTs are simultaneously full of scams and genuinely revolutionary?

2

The Instagram Problem Nobody Wants to Admit

3

When Fashion Becomes Code

4

The Streetwear Blueprint

5

Digital Churches for a Secular Age

6

When Success Feels Like Failure

7

What Survives the Crash

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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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@Pitiful
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

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@OojasSalunke
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@Cashflowbubu
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@Moemenn
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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
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12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

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"It is great for me to learn something from the book without reading it."

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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
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37
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483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
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