NFTs were the rage little than a month ago. Now I hear the prices have dropped. Just like bitcoin. It seems almost anyone can create one a new something coin.
An NFT is a token. It does not contain any art. It only contains pointers to other things, such as digital art somewhere on the Internet. There is nothing to prevent changes to, or even guarantee the exist of, the art that someone has supposedly purchased. Clyde is correct as usual.
dwane.scoty1 almost 3 years ago
The “cannot be counterfeited” is just part o’ the sales pitch!
Egrayjames almost 3 years ago
How to know if you’re a sucker for a Pyramid scheme.
uniquename almost 3 years ago
So much for buying art cuz you happen to like it.
donut reply almost 3 years ago
NFTs were the rage little than a month ago. Now I hear the prices have dropped. Just like bitcoin. It seems almost anyone can create one a new something coin.
ChukLitl Premium Member almost 3 years ago
Value is a slippery critter. If you’re willing to pay that much for that, maybe God’s telling you you’ve too much money & should throw more around.
Jim Kerner almost 3 years ago
Remember, A fool and his money are soon parted. ;o)
Cactus-Pete almost 3 years ago
An NFT is a token. It does not contain any art. It only contains pointers to other things, such as digital art somewhere on the Internet. There is nothing to prevent changes to, or even guarantee the exist of, the art that someone has supposedly purchased. Clyde is correct as usual.