If you buy this, you are scammed.
No, you have your digital id in a database that also has a link to a picture of the precious. There is no implied ownership of the image.
but at least he can own a block with a link to the picture
so glad nfts are over
Thats a strong buy signal
What do you mean they’re over? I’ve invested billions of dollars in them. I’ve even given up on owning a house just so I can become the next sucessful billionaire investor. Away with your nonsense. Y’all just isn’t as smart as me. 🤓
spoiler
/s
Just wait until someone removes the entirety of the database instead of a GitHub branch. Then NFT people will understand how they wasted their fucking money.
Non fungible Tolkien
Yeah, NFTs are little more than a receipt, if you ask me.
I think the biggest place it has genuine benefit would be for something like deeds to homes, titles for cars and stuff like that. A permanent, auditable and public system for tracking the transfer and ownership of things.
Unfortunately it comes with its own caveats, such as “what if I lose the wallet containing the deed to my home, and I want to sell it?”
I never really understood the whole thing about picture based NFTs though.
