LogFAQs > #961201021

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TopicSomeone explain how these NBA NFTs work please?
Veedrock-
12/25/21 10:08:06 AM
#2:


Not knowledgeable to answer 1 and 2, but for 3:

FatalAccident posted...
also I thought the idea of an NFT was its supposed to be one of one, but I see some of these moments like 75 available for sale or some s***.
An NFT's content doesn't have to be unique, and there's certainly no tech that checks them against some database for identical jpegs or gifs. That's why the joke is someone can just right click them, because you can't really control access to the image/video. The only thing unique about NFTs is the signature, so while you could take an established NFT and duplicate/remint it yourself, you wouldn't be able to pass it off as authentic because it'll lack the signature.

While a lot of NFTs are one-of-one, there's nothing preventing authentic copies if they all come from the authentic source.

When you own #23/49 of a legendary
LeBron James dunk, you're the only
person in the world who does
This is no different than a limited run of real collectibles that has its production number printed on it; while there's multiple out there, your print is uniquely identified. So 48 other people might own the same clip, but only you own copy #23.

If that all sounds dumb, then you're getting it.

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