Comments
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@I Are Lebo, I've spent the last 4 days reading all I can about NFTs and all I got out of it is that a lot of journalist have no clue what NFTs are and neither do i.
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@I Are Lebo, imagine your friend draws a cool picture of a fish and posts it online. Now he owns the fish and people may even say it has value but they will still use it however they want and your friend will get no money for it. That fish is the NFT.
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@BigJohnson86, ….but in that example, my friend really doesn’t own a fish. He owns a drawing of a fish. Art can be copyrighted, but if something isn’t, and other people copy it, them’s the breaks. I don’t think I get the metaphor.
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@Ghoaxst, people make like a character creator to generate 10,000 images, then they sell the virtual ownership of that image for a ridiculous amount of money in most cases. Also, companies are trying to include NFTs in video games. Ghost Recon: Breakpoint added NFTs, you buy ownership of a virtual item and can use it in game for real money.
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@I Are Lebo, nft is just a picture that you buy. There’s nothing that stops other people from using the same image and the value of it is only what other people say it is. It’s kinda like if cryptocurrency fvcked an art gallery.
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@BigJohnson86, that sounds very dumb. Like spending money on nothing. Also it kinda sounds like buying a piece of videogame DLC and then expecting it to be exclusive to you.
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@I Are Lebo, If you’re saying NFTs are a stupid waste on money then I think you definitely understand NFTs
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NFTs will go down in history with Pet Rocks as something humanity cringes they ever paid real money for.
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@JoeNES, at least with a pet rock you get something physical.
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“Nfty.”
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Are NFTs nothing more than digital Pokémon cards?
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@Sivart1, You can’t play a game with them, the art is shjte, and they’re mass produced via algorithms. They’re less than digital Pokémon cards
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*Steve Harvey face*
I still don’t know what an NFT is and at this point I’m too afraid to ask