"Bury your coins in the Open Sea and you'll be rich by morning" Cryptocat Basilio
A $ 580,000 GIF, a $ 7.5mil Pixel Punk Pack and Kings of Leon releasing their album right on it. Brave new world of art and what the hell is going on in it?
Ave Coder!
Today I will tell you a fairy tale about an unprecedented animal for the general public, namely about the so-called NFTs and of course we will be especially interested in the technical side of the issue, and throughout history, of course, as a vintage gas generator, I will wonder where the world is heading. <cut />
So NFT or Non-Fungible Token, that is, the Indispensable Token is, in fact, a set of digital data on the blockchain.
And it is needed in order to secure for the owner the right to own a certain unit of the so-called digital art - be it a GIF, a japeg or an mptri.
The analogy that is usually given to explain what “irreplaceable token” means, usually includes a comparison with the same bitcoin or currency, as the standard of something interchangeable, that if I give you my hundred bucks, and you give me yours, then we in the end, both of us will be left with a hundred bucks, it will be another hundred bucks than we had initially, but their value will not change from this.
Perhaps this explanation does not make the day clearer, but all because the very concept of owning something in the world of digital realities is slightly distorted.
In the world of physical works of art, if you buy a painting by a famous artist, then no matter how many copies are made of it, we are used to thinking that only the original will be real, this is the meaning of the original. You can hang it at home, or you can rent it to galleries for a fee.
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And this was V, see you soon!
PS the same thing, only in my mournful voice and under funny pictures: