Cryptoart 

@ashwinvis It seems misleading to call it "proof of ownership" when what you own is the NFT itself.

It's not like you get the copyright for the thing. It's more like when you sponsor a park and they put your name on a bench, except that you can resell the right to have your name on the bench, and also a blockchain is involved because otherwise people would immediately realize how stupid this is.

Follow

Cryptoart 

@ashwinvis Or rather, people would not believe that *other* people are willing to believe something so stupid.

In some ways NFTs make sense in some self-fulfilling prophecy way, the same way art is a complicated mix of "I actually like how that looks", conspicuous consumption and speculation (plus probably complicated tax stuff...)

Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.