The worlds of sports, sneakers, and music have all dabbled in some NFT magic to try to build some buzz and a buck. Weeks after the craze kicked off, even New York Times technology columnists are trying to pawn off their scribblings as some kind of new blockchain bling. How does an NFT work, anyway? What did MetaKovan actually purchase for that ...

Dec 16, 2021 · While “NFTs” are not uniquely ridiculous, their rise is an extreme illustration of status anxiety in our grossly unequal economy. Earlier this year, the news media began reporting on a strange phenomenon in the art world.

Jun 27, 2021 · A lot of ink has been spilt in the name of NFTs over the past 6 months. With that in mind, you’d think the average tech aficionado would by now understand what an NFT is, what its potential use cases are, the technology it’s based on… and why it’s such a dumb concept.

Mar 15, 2021 · the answer to all of those 3 questions is yes. In my mind NFT are no more esoteric than any other for of IP or artwork. Benefits of having one: U have legal ownership of it and can sell/trade it if u want. Control over the piece of media: U are the sole owner of the original.

Mar 30, 2021 · Are NFTs Dumb, a Scam, or Secretly Useful? Non-fungible tokens for art can seem a lot like Tulipmania. But distinct digital tokens have real use cases for things like online address management.

First, let's identify what an NFT is and is not. An NFT is a cryptographic token that proves originality with respect to an issuing authority. An NFT is not digital rights management. An NFT does not stop sharing the underlying image, work or entity it is associated with.

Feb 1, 2022 · “‘The reality of it is that lots of NFTs are fairly dumb, let’s be honest about it,” Charlesworth says. “Bored Apes is a collector aesthetic – it’s not really that interesting visually. But a lot...

Dec 11, 2021 · An NFT is just a receipt with a URL. Most of those URLs today return 404. This is called NFT rot, but we are not supposed to talk about it.

Dec 20, 2021 · NFT's for digital pictures are dumb. NFT's for record keeping, tickets for events, stocks (see LRC and Gamestop's proposed future), and more are going to be the future. This is silly and being way too quick to judge (rather than simply being curious).

Oct 20, 2021 · Yes they are dumb but for those people that are making money out if they are gold mine. All it takes is to just by a good NFT in early stages by following NFT calendars like nftrelease.app and just sell it once the price is increased.