I don't really care about fad stuff so I never bought any but also I never really understood how they worked practically. Like if I bought a famous tweet or jpg or what ever, how would I use the token to verify owner ship of the thing or sell it?

you are viewing a single comment's thread
view the rest of the comments
[–] 5 points 1 week ago

NFTs provide provenance for artwork and allows for a specific person to designate some digital objects as originals while all other equivalent digital objects are copies. The original market burned out because people were spending large amounts of money for artwork with artificial scarcity, not because provenance isn’t a problem.

  • source