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+--- Thread: Non-fungible token (NFT) (/Thread-Non-fungible-token-NFT)
Non-fungible token (NFT) - green314 - 03-07-2021
Quote:A non-fungible token (NFT) is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not mutually interchangeable. This is in contrast to cryptocurrencies like bitcoin, and many network or utility tokens, that are fungible in nature.SOURCE: https://en.wikipedia.org/wiki/Non-fungible_token
Some interesting articles:
https://www.esquire.com/entertainment/a35742083/what-are-nfts-explained/
https://pitchfork.com/thepitch/why-do-nfts-matter-for-music/
https://www.forbes.com/sites/abrambrown/2021/02/26/what-is-an-nft-and-should-you-buy-one/
https://mintable.medium.com/how-to-buy-and-sell-digital-items-nfts-on-mintable-5375bb6077d6
https://www.kapwing.com/resources/how-to-create-and-sell-nft-crypto-art/
https://www.npr.org/2021/03/05/974089381/whats-an-nft-and-why-are-people-paying-millions-to-buy-them
RE: Non-fungible token (NFT) - green314 - 03-10-2021
This is a prominent and emerging topic, it's sad that nobody is interested.
RE: Non-fungible token (NFT) - Oni - 03-11-2021
Jack Dorsey sold the first tweet as an NFT, for $2.5 million:
https://www.rollingstone.com/culture/culture-news/twitter-jack-dorsey-first-tweet-nft-cryptocurrency-1138401/
If you ask me, depending what it is, it's as good as monopoly money.
RE: Non-fungible token (NFT) - green314 - 03-11-2021
(03-11-2021, 04:51 AM)Oni Wrote: Jack Dorsey sold the first tweet as an NFT, for $2.5 million:
https://www.rollingstone.com/culture/culture-news/twitter-jack-dorsey-first-tweet-nft-cryptocurrency-1138401/
If you ask me, depending what it is, it's as good as monopoly money.
OMG.
RE: Non-fungible token (NFT) - Oni - 04-02-2021
The hype is bizarre:
https://www.forbes.com/video/6246254134001/how-top-shots-nft-sports-cards-raked-in-millions-and-minted-a-unicorn/
It would be hard to believe it's not a fad, if not for their tradability.
RE: Non-fungible token (NFT) - Navlehal96 - 04-03-2021
NFT are hot topic in these days. Thanks for this thoughtful information
RE: Non-fungible token (NFT) - Oni - 05-14-2021
Tor Project is auctioning off the first Onion URL created, as an NFT:
https://www.bleepingcomputer.com/news/technology/tor-project-auctions-off-the-first-onion-url-ever-created-as-an-nft/
Pretty neat.
RE: Non-fungible token (NFT) - Oni - 06-21-2021
I don't find this statement strange, but the Coinbase co-founder predicts most crypto-assets "won't work" and "90% of NFTs" will have "little to no value in three to five years."
RE: Non-fungible token (NFT) - Drako - 06-21-2021
I still maintain my position on NFTs: They're a waste of money. You're buying the "rights" to an image file, you aren't dealing with unique currency like crypto.
RE: Non-fungible token (NFT) - ConcernedCitizen - 06-21-2021
It's like a signature of a ball player on a piece of equipment like a baseball bat or soccer ball. It's valuable to whoever buys it or owns it outright but has no inherent value except as ink on an object. It will have little to no value as @Oni mentioned but provides an interesting topic of discussion apparently, for now.