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Why brands are burning NFTs?
- rafale 5y agoI made an NFT collection and they can definitely be changed :) The only part that can't be changed is the portion written on the blockchain which is, for most collections, only the token number. So yeah, I can't change the fact that token #450 was minted, but I can change the image, name, description and metadata (e.g. traits) associated to it.
- gota 5y agoI'm either too smart, too stupid or too something else, but I really, really don't see myself participating in these "Artificial Scarcity Activity Modalities" (SCAMs)
- cuham_1754 5y agoSo basically “burning” is just a fancy word for “deleting” stuff from the blockchain?… what am I missing here?