Poll of the Day > Someone explain how these NBA NFTs work please?

(+) Yeah! (+)

The NBA top shot website sells NBA moments which I understand are supposed to be like collectible cards. But what I dont understand is

1. NFTs I thought were all supposed to be on ethereum, but these are on Flow blockchain. Does that still make them a NFT?
2. you cant seem to view them except on the website, its like a 12 second videoclip - this seems different to what I thought NFT was supposed to be
3. 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 shit.

this seems like a marketplace for collectible video clips and not actual NFTs - can someone explain this shit to me?

This last sentence from their website doesnt even make any sense:

When you own #23/49 of a legendary
LeBron James dunk, you're the only
person in the world who does-unless you
choose to trade or sell that Moment to
another collector.

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.

Like all NFT's, you're paying money to purchase a receipt that says that you paid money to purchase that receipt. Thanks to blockchain, it's secure enough that you can be certain that you're the only person who has purchased that particular receipt (though, as mentioned above, you can have one of multiple near-identical receipts), but that's still the full extent of what you're getting.

Yes, it's exactly as stupid as it sounds.

You pay money and get something worthless in return. What's not to understand?

NFTs do not work