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Understanding the basics of blockchain technology
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The future of blockchain technology
Selling NFTs could be like selling a van Gogh painting, except instead of getting to appreciate a physical copy of something, you get a trading card.
People will still be able to access & distribute the asset that you bought but you own it (without any copyrights though).
So basically, you get bragging rights.
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NFT stands for Non-fungible token.
The creator just gets a shit ton of money and still gets to enjoy copyrights of their work so..... Win-win situation 😉.
NFTs are at least partially responsible for the millions of tons of carbon dioxide emissions generated by the cryptocurrencies used to buy & sell them.
Cryptocurrencies are built on a system called “
Someone paid almost $390,000 for a
Fungible→ something replaceable/exchangeable.
NFTs are designed to give you something that can’t be copied: ownership (though a creator can still retain
Just a queer, brown, psychology undergraduate ranting about random things I come across. I organize my thoughts in little, informative chunks and try to cite my sources. #psychology #society #marxism #philosophy #leftist #LGBTQ #gay #trans #queer
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