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Seriously!? They don't discuss the artwork; what file format, if any, that the artist used; how it was stored; how it's accessed, nothing! While the concept so
by cybert00th 6y ago
Seriously!? They don't discuss the artwork; what file format, if any, that the artist used; how it was stored; how it's accessed, nothing!
While the concept sounds very interesting, the reporting leaves much to be desired!
- LegitShady 6y agoIt's an NFT. It's one etherium coin being flipped over and over again to more ridiculous speculators or the losers who end up holding the bag in exchange for a non fungible digital token. It doesn't come with art, rights to publish, rights to copy, etc. It's just an etherium coin the original artist minted that no one else can copy, that they named after some work of art and sold. NFTs don't make any sense without associated rights or goods they would represent, and even then they do the same thing as contracts without any legal enforce ability - you'd need a contract to enforce any rights sold with an NFT. The NFT would just act as a 'proof' token. I don't get it. Where's the value?
- genericacct 6y agoIt could be used as a way of tax-optimization in some countries I guess..
- LegitShady 6y agoPlease explain.
- Kiro 6y agoIt's an NFT. There's nothing stored. They bought a token with a string saying "this is an NFT of artwork.jpg by Beeple" more or less.
- martin_a 6y ago> non-fungible token (jpg) > 21,069 x 21,069 pixels (319,168,313 bytes) I think this is the information you are looking for? It's somewhat hidden at the top under the hashes