3 ms·
They're called NFTs, not NFA. Even real-life artwork is fungible (consider the multi-million dollar appraisal industry, which exists in part to establish proven
by bsanr2 6y ago
They're called NFTs, not NFA. Even real-life artwork is fungible (consider the multi-million dollar appraisal industry, which exists in part to establish provenance of prospective purchases). You're not paying those exorbitant costs for the physical artwork (though it's nice that it comes along); you're paying for the story behind it, and what your ability to put wealth up for that story says about you and the artwork and artist.