“Charlie Bit Me” won’t be deleted from YouTube after all.
The 2007 viral video was auctioned off as a non-fungible token (NFT) this week, with its seller saying it would be removed from the website to be “commemorated” on the blockchain. The decision to remove the original YouTube clip came as a twist to the meme memorabilia blockchain market, and no doubt attracted more bidders to increase its auction value.
Instead, the dad of the video stars, Howard Davies-Carr, now says the clip will remain on the video platform after its NFT version sold for around $ 761,000 on Sunday – a purchase value that exceeded that. other recent NFT sales in the same genre.
“After the auction, we contacted the buyer who ultimately decided to keep the video on Youtube,” Davies-Carr said in an emailed statement. “The buyer felt that the video is an important part of popular culture and should not be removed. It will now be streamed on Youtube for the masses to continue to enjoy and commemorated as an NFT on the blockchain.”
The buyer is 3F Music, a Dubai-based music studio, which also won the auction for Disaster Girl and other NFT memes.
Davies-Carr said in a interview with Quartz that his family offered to remove the original clip from YouTube in order to increase the sale price.
The Verge editor-in-chief Kim Lyons grumbled about the bait and the switch, write that “This last minute switcheroo will only encourage more and more ridiculous stunts for people to get coverage and buyers for their NFTs.”
Most of the money from the sale will be used to pay for the college education of his two famous sons, Harry and Charlie, the father told the website.
Some funds will also go to charities offsetting carbon, he said, to help counter the huge environmental costs. energy-intensive cryptocurrency mining.
“I got into mining, but only when I produced excess electricity from my solar panels,” he told Quartz. “This is something Harry and Charlie feel very passionately about, and they will be the next guardians of the planet.”