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I don't think that you understand NFTs at all. What's been sold for $70 million is an NFT—a digital token on a blockchain. Not a copy of a digital work by Bee
by lottin 6y ago
I don't think that you understand NFTs at all. What's been sold for $70 million is an NFT—a digital token on a blockchain. Not a copy of a digital work by Beeple.
- downandout 6y agoYes, and that NFT had value because it could be proven that it came from Beeple, and represented a specific piece of art. It’s as simple as that.
- lottin 6y agoExactly, it's as simple as that. No piece of digital art was sold in that auction, and no provenance of any piece of art was established either. Your point was?