Still don't understand NFTs. For digital art I guess you're buying a copy that the artist "approved," even if the file is identical. For anything else, like this tweet, what are you buying? A jpg that Jack Dorsey says... is a jpg of his tweet?
There are many games that use NFTs. Gods Unchained has NFT cards that you can freely trade or sell. Axie Infinity has NFT characters that have turn based gameplay.
It's literally just data on a blockchain that you can send, trade, etc. It can be whatever data you want it to be with the right infrastructure.
So if you get an NFT character then you're the only one on the planet who can use that character? In that case there would be tangible exclusivity, which most NFTs lack.
Is that because it's Jack Dorsey or is that because people sense that NFT's are a scam and little more than a vehicle to launder money?
I'm of the mind that an NFT, being virtual property, is the bridge too far from reality.
I have no desire to own and NFT and I wouldn't know how to monetize it even if I did.
Still don't understand NFTs. For digital art I guess you're buying a copy that the artist "approved," even if the file is identical. For anything else, like this tweet, what are you buying? A jpg that Jack Dorsey says... is a jpg of his tweet?
There are many games that use NFTs. Gods Unchained has NFT cards that you can freely trade or sell. Axie Infinity has NFT characters that have turn based gameplay.
It's literally just data on a blockchain that you can send, trade, etc. It can be whatever data you want it to be with the right infrastructure.
So if you get an NFT character then you're the only one on the planet who can use that character? In that case there would be tangible exclusivity, which most NFTs lack.
It's an in game item that you can send to somebody else, loan, or sell. Depending on the game it can be unique or not.