Its over for NFT crypto! Get fucked faggots. Hahahaha

[RICO]

NFTrannies will never recover

The NFT Bay is the galaxy's most resilient NFT BitTorrent site!

You wouldn't steal a JPEG (or would you...)

thenftbay.org

 

[RICO]

It’s about time.
never buying a jpeg

 

[RICO]

*torrents your nft*

holy fuck im gonna download so many nfts on here and sell them half price on ebay

 

[Deleted member 7098]

can you give TLDR of NFTs

 

[Amexmaxx]

can you give TLDR of NFTs

Non fungible token
Its like a 1 of 1

 

[Deleted member 7098]

Non fungible token
Its like a 1 of 1

so i can't just screenshot them? and sell them as my own

 

[RICO]

so i can't just screenshot them? and sell them as my own

You need them on the blockchain. Nftbay does this for you.

 

[Amexmaxx]

so i can't just screenshot them? and sell them as my own

Nah it’s encrypted. Like crypto

 

[lutte]

 

[Tiddlywink]

so i can't just screenshot them? and sell them as my own

You need them on the blockchain. Nftbay does this for you.

The value on an NFT comes from the original creator and the platform that verifies this chain of ownership.

For example, imagine if you could instantly verify that Leonardo da Vinci was the first owner of a copy of the Mona Lisa. It wouldn't matter how many other copies existed under other owners/copiers, everyone would know which one was the original.
That said, NFTs are currently like tulip-mania on steroids.
However, the intrinsic value of a piece of art is the art itself, not the creator. (this aspect of human psychology will probably always exist so take the previous statement with a grain of salt)

The true value of NFT technology is going to show when someone creates a decentralized blockchain-based stock market.

 

[Deleted member 7098]

The value on an NFT comes from the original creator and the platform that verifies this chain of ownership.

For example, imagine if you could instantly verify that Leonardo da Vinci was the first owner of a copy of the Mona Lisa. It wouldn't matter how many other copies existed under other owners/copiers, everyone would know which one was the original.
That said, NFTs are currently like tulip-mania on steroids.
The intrinsic value of a piece of art is the art itself, not the creator. (this aspect of human psychology will probably always exist so take the previous statement with a grain of salt)

The true value of NFT technology is going to show when someone creates a decentralized blockchain-based stock market.

fitting avi. very good explanation, thank you

 

[Deleted member 2095]

Is there money in this? Can we scam people????

 

[RICO]

Is there money in this? Can we scam people????

Yes