'lo! You must login or signup first!

harblkun g sugaredrefrain Follow jacobgalapagos Follow i dont know what an NFT is and im too afraid to ask queersamus Follow imagine if you went up to the mona lisa and you were like "i'd like to own this" and someone nearby went "give me 65 million dollars and i'll burn down an unspecified amount of the amazon rainforest in order to give you this receipt of purchase" so you paid them and they went "here's your receipt, thank you for your purchase" and went to an unmarked supply closet in the back of the museum and posted a handmade label inside it behind the brooms that said "mona lisa currently owned by jacobgalapagos" so if anyone wants to know who owns it they'd have to find this specific closet in this specific hallway and look behind the correct brooms. and you went "can i take the mona lisa home now?" and they went "oh god no are you stupid? you only bought the receipt that says you own it, you didn't actually buy the mona lisa itself, you can't take the real mona lisa you idiot. you CAN take this though." and gave you the replica print in a cardboard tube that's sold in the gift shop. also the person selling you the receipt of purchase has at no point in time ever owned the mona lisa. unfortunately, if this doesn't really make sense or seem like any logical person would be happy about this exchange, then you've understood it perfectly Source: jacobgalapagos #reblogs #signal boost #ah good #a nice clean post with a good analogy #thanks much 12,823 notes

+114

A quick analogy on what an NFT is


Uploaded by Mr. Candles Apr 28, 2021 at 09:13PM EDT

Share Pin Download More

Origin Entry: NFT / Non-Fungible Token / Crypto Art

File type: png

Resolution: (530px x 815px)

File size: 116 KB


FLAPPY BIRD omg hell no!!!!!! NFT IS SUPER DEAD AND DON'T DO IT IT'S ANOTHER NFT SCAM AND ABOUT ALL IT HAS NOTHING TO DO WITH THE CREATOR OF THE ORIGINAL GAME
GIMME A NON-FUNGIBLE TOKEN OF THE CONTENTS OF YOUR WALLET! OKAY! OKAY! I... WAIT, WOULD YOU ALSO LIKE ALL THESE DOLLARS? SAY, THAT'S A NICE LOOKIN' WATCH. YOU THINK I WANT YOUR WORTHLESS FIAT MONEY?! GIMME A STRING OF CHARACTERS REPRESENTING THAT I AM THE ONLY PERSON WHO OWNS THE STRING OF CHARACTERS PERTAINING TO YOUR WATCH! ONE DAY, IN THE FUTURE... NFTS WERE CONTROVERSIAL AT FIRST, BUT THE RATE OF CRIME-ABOUT-WHICH-YOU-SHOULD-GIVE-A-S--- WENT TO ZERO ALMOST IMMEDIATELY. smbc-comics.com
Swift Thomas Ricouard @dimillian@mastodon.social Your NFT Blockchain b-------? Pokemon had it all figured out 25 years ago. Trainer and Pokémon unique IDs. Decentralized cartridges. Offline wallets. Attachable data (items). All Pokemon are tradable and can be checked for authenticity. Modern tech solved nothing. Jun 20, 2024, 08:32 AM Last edited Jun 20, 11:27 AM 57 boosts 105 favorites IceCubesApp
View All 159 Images

Load 11 Comments

More:

Top Comments


+ Add a Comment

Comments (11)


Display Comments

Add a Comment


+ Add an Image

Image Details

16,393 views (2 from today)

Uploaded Apr 28, 2021 at 09:13PM EDT

Origin Entry

NFT / Non-Fungible Token / Crypto Art

Source

Twitter

Tags

nft, nfts, crypto art, cryptocurrency, mona lisa, rich people are insane, environmental damage

Claim Authorship Edit History
Textile Embed