Non fungible token in a nutshell - eviltoast

If you buy this, you are scammed.

  • I_hate_you_welcome@feddit.nl
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    1 year ago

    And that whole comparison is only valid because there’s no laws about online ownership outside of copyright.

    You don’t own anything at all, but NFTs are one of the only ways that we’ll ever be able to emulate ownership online. Seeing as our entire lives are moving there, I’m hopeful. You can be tired of them all you want, but nonetheless NFTs are the building blocks of decentralised ownership.

    Also my copy of Pokémon Red and my Gameboy disagree with your statement about never owning a movie or game. I own most of my Switch games too, I can mod the cartridge however I want and I can resell it. Because I own it.

    The whole point, by the way, is to have everything decentralised. You can’t take away my movies when there’s multiple, independent “sources” that I can claim the file from with my NFT. You don’t even need to give your private details away, you simply prove you own the private key that owns the NFT and you can watch your movie. Do you not see the bigger picture or are you too tired to look further?