If you buy this, you are scammed.

    • ndguardian@lemmy.studio
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      1 year ago

      I think the biggest place it has genuine benefit would be for something like deeds to homes, titles for cars and stuff like that. A permanent, auditable and public system for tracking the transfer and ownership of things.

      Unfortunately it comes with its own caveats, such as “what if I lose the wallet containing the deed to my home, and I want to sell it?”

      I never really understood the whole thing about picture based NFTs though.

  • shukufuku@lemmy.ml
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    1 year ago

    No, you have your digital id in a database that also has a link to a picture of the precious. There is no implied ownership of the image.

    • 001100 010010@lemmy.dbzer0.com
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      1 year ago

      What do you mean they’re over? I’ve invested billions of dollars in them. I’ve even given up on owning a house just so I can become the next sucessful billionaire investor. Away with your nonsense. Y’all just isn’t as smart as me. 🤓

      spoiler

      /s

  • torafugu@kbin.social
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    1 year ago

    Just wait until someone removes the entirety of the database instead of a GitHub branch. Then NFT people will understand how they wasted their fucking money.