3 ms·

Whatever Happened to NFTs?

• hermitcrab 3y ago
  Turns out that paying megabucks for an entry in a database pointing to a very mediocre digital 'artwork' (to which you don't even own the copyright) is not a great investment. Who knew. I guess all the NFT grifter bros have moved on to AI now.
  • aurareturn 3y ago
    They usually point to a URL hosted on a traditional cloud company. If the NFT company stops paying for the hosting, the NFT becomes dead. Now that's funny. NFTs, it turns out, is very fungible.
  • Nextgrid 3y ago
    > to which you don't even own the copyright To be fair, I do believe the Bored Apes collection does also grant you the copyright. Of course, this can be done just as well without NFTs on good old "paper", especially considering the concept of copyright is enforced off-chain anyway.