to upgrade
Ideas from books, articles & podcasts.
Traditional art is valuable because they are unique. But digital files can be duplicated.
With NFTs, artwork can be "tokenised" - a digital certificate of ownership that can be bought and sold. A record of who owns what is stored on a shared ledger known a...
Nothing is stopping people from copying digital art. But the buyer of the NFT owns a "token" that proves they own the "original" work.
People are paying millions of dollars for tokens.
Beeple (Mike Winkelmann) thinks there will be a bubble.
People selling the NFTs are "crypto-grifters", David Gerard, author of Attack of the 50-foot Blockchain, said. While some artists are doing great on this stuff, most people probably won't.
40 Reactions
Comment
created 16 ideas
16
2
2.07K reads
created 9 ideas
69
Comment
6.56K reads
created 4 ideas
I wonder if this would create a more even lending process.
React
Comment
86 reads
❤️ Brainstash Inc.