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Current Events > What the fuck is a NFT?

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Garth_Marenghi
11/30/21 4:50:27 AM
#1:


im curious

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hello lover(s).
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Nukazie
11/30/21 4:51:25 AM
#2:


non-foldable truck

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TwoDoorPC
11/30/21 4:56:58 AM
#3:


it's like buying something, but you only own the receipt, not the actual item, the creator retains the ownership to it. pretty sure it's a cover for money laundering, but crytodudes think they've found the next big thing

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Garth_Marenghi
11/30/21 5:03:38 AM
#4:


TwoDoorPC posted...
it's like buying something, but you only own the receipt, not the actual item, the creator retains the ownership to it. pretty sure it's a cover for money laundering, but crytodudes think they've found the next big thing
finding a new way to launder money is the next big thing.

Im in

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au_gold
11/30/21 5:08:30 AM
#5:


Nautical Fishing Thermos

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Let me talk to your mother. Get your mother please.
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Crazyman93
11/30/21 5:10:16 AM
#6:


It's like bitcoin but for "art". A word which here means "some pixels splattered on a small digital square and sold to you at an absurd markup for the right to own an allegedly unique digital thing."

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MyShirona
11/30/21 5:13:58 AM
#7:


It's like you have a custom link to a picture of a beanie baby and that link can be taken down at any time

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https://imgur.com/vyRrYCL
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segasaturn
11/30/21 5:17:20 AM
#8:


This is my NFT

Don't steal!

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Kloe_Rinz
11/30/21 5:18:29 AM
#9:


TwoDoorPC posted...
it's like buying something, but you only own the receipt, not the actual item, the creator retains the ownership to it. pretty sure it's a cover for money laundering, but crytodudes think they've found the next big thing
wait what? i thought with an NFT you had IP rights to whatever it was. maybe not the entire concept but definitely the picture or video in specific

but yeah its definitely a money laundering scam much like modern art
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MyShirona
11/30/21 5:23:04 AM
#10:


Kloe_Rinz posted...
wait what? i thought with an NFT you had IP rights to whatever it was. maybe not the entire concept but definitely the picture or video in specific

but yeah its definitely a money laundering scam much like modern art
Nope you have no rights to it. That's why people can right click and save the picture and repost it just fine, NFT owners don't own the picture or anything in it.

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https://imgur.com/vyRrYCL
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St0rmFury
11/30/21 5:32:31 AM
#11:


Literally for bragging rights only.

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