by Mudbonic plague December 22, 2021
"Dude, I just bought my first NFT! I'm so excited, this is awesome!"
"You're a fucking virgin loser if you buy an NFT."
"You're a fucking virgin loser if you buy an NFT."
by HoboFtF December 20, 2021
The "token" part of an NFT is simply a digital receipt on part of a blockchain that has an ID and a URL it leads to. Since it relies on the URL of a different site, it is not truly decentralized. This makes the blockchain have no purpose, and do nothing except have a far worse carbon footprint.
Ownership of an NFT does not mean you have the intellectual rights of the image, and that you simply have a token associated with an image. Someone can create a token of an image that isn't theirs, and can create a nearly identical token. This makes the image associated with the token not give it value. The only way to distinguish between these are therefore IDs and creators associated with them.
Saying 2 NFTs associated with the same URL have different monetary values is like saying that 2 1 dollar bills have different monetary values due to their different serial numbers.
To summarize: an NFT is a number and a URL that is non-fungible the same way 2 bank notes with different serial numbers are non-fungible, which have a monetary value only based on a randomly generated number (which is completely ignored by everyone), is bad for the environment, and doesn't lead to any intellectual rights. There is no value to an NFT.
Ownership of an NFT does not mean you have the intellectual rights of the image, and that you simply have a token associated with an image. Someone can create a token of an image that isn't theirs, and can create a nearly identical token. This makes the image associated with the token not give it value. The only way to distinguish between these are therefore IDs and creators associated with them.
Saying 2 NFTs associated with the same URL have different monetary values is like saying that 2 1 dollar bills have different monetary values due to their different serial numbers.
To summarize: an NFT is a number and a URL that is non-fungible the same way 2 bank notes with different serial numbers are non-fungible, which have a monetary value only based on a randomly generated number (which is completely ignored by everyone), is bad for the environment, and doesn't lead to any intellectual rights. There is no value to an NFT.
by FartMan96 January 9, 2022
by t00c00lforscho00l March 22, 2022
“I just bought this limited edition bored ape NFT for only $500k.”
“Dumbass. You just spent $500k on a bougie screenshot.”
“Dumbass. You just spent $500k on a bougie screenshot.”
by El Presidente 84 November 25, 2021
Something Spamtom G. Spamton from Deltarune would probably try to sell you for 1997 kromer.
Just sayin': If Spamtom wants to sell it, it's probably a whole load of hyperlink blocked garbage. Wait, you're still gonna buy NFTs?! WHAT THE fifty percent of ARE YOU DOING????!!!!!
Just sayin': If Spamtom wants to sell it, it's probably a whole load of hyperlink blocked garbage. Wait, you're still gonna buy NFTs?! WHAT THE fifty percent of ARE YOU DOING????!!!!!
Spamtom: WHY BE THE Little Sponge WHO HATES ITS $4.99 LIFE WHEN YOU CAN BE A BIG SHOT!!!. LOOKING FOR Irresistible Deals THAT WILL Blow Your Mind!?. HURRY UP AND BUY NFTs. THAT'S RIGHT!! NOW'S YOUR CHANCE TO BE A BIG SHOT!! ONLY FOR THE LOW, LOW PRICE OF 1997 KROMER. AN AWESOME PRICE.! AN ABSOLUTELY Terrifying PRICE PRICES SO LOW, EVERYONE I KNOW IS Dead!!! DEALS SO GOOD I'LL $!$$ MYSELF! TRANSMIT 1997 KROMER?
Kris: ...
Spamtom: DELICIOUS KROMER!! NOW THAT'S WHAT I'M TALKING AB04T! YOU GOT Guts KID!! THEN A DEAL'S A DEAL!!! PLEASURE DOING BUSINESS WITH YOU KID!!! DON'T FORGET TO Like and Subscribe FOR MORE Hyperlink Blocked! HAEAHAEAHAEAHAEAH!!
Kris: ..................................................................................................................................
Kris: ...
Spamtom: DELICIOUS KROMER!! NOW THAT'S WHAT I'M TALKING AB04T! YOU GOT Guts KID!! THEN A DEAL'S A DEAL!!! PLEASURE DOING BUSINESS WITH YOU KID!!! DON'T FORGET TO Like and Subscribe FOR MORE Hyperlink Blocked! HAEAHAEAHAEAHAEAH!!
Kris: ..................................................................................................................................
by EpicScientician December 8, 2021