Almost every NFT is Worthless

What if you just want to create cool art and list as an NFT.
See it as a great tool or platform for artists to share their art with the world.
 
What if you just want to create cool art and list as an NFT.
If you want to make cool art, make cool art. If you want to promote cool art, use the social media. What does that have to do with a NFT? A NFT is simply a blockchain transaction that has some metadata. The metadata, simply put, is the “public” url to the image that is being sold. You don’t own the image, you just own the transaction.

Correct me if I am wrong. I guess i am not lol.
 
If you want to make cool art, make cool art. If you want to promote cool art, use the social media. What does that have to do with a NFT? A NFT is simply a blockchain transaction that has some metadata. The metadata, simply put, is the “public” url to the image that is being sold. You don’t own the image, you just own the transaction.

Correct me if I am wrong. I guess i am not lol.
i dont understand why people spent millions on nft only to purchase one jpg file.
i think they have never seen monkey with cool hat. :rolleyes:
 
Damn not this video right when I was about to release my collection....
 
If you want to make cool art, make cool art. If you want to promote cool art, use the social media. What does that have to do with a NFT? A NFT is simply a blockchain transaction that has some metadata. The metadata, simply put, is the “public” url to the image that is being sold. You don’t own the image, you just own the transaction.

Correct me if I am wrong. I guess i am not lol.
You're correct but you also Own the IP of the art as well.

In the long future i believe NFTs will be usefull tool to buy and sell products and services such as cars, real estate, issuing diplomas and more.
 
I kind of agree, except for the strong words..


What do you think?
It was good to make quick money, other than that, no, but I do think that game industry will be cryptonized in the future and nft game-related items with real value in the game, will exist
 
Damn not this video right when I was about to release my collection....
Oh cmon man. As an artist, I think it is totally ok to sell nfts. Just don’t promise that it will make someone a millionaire. If u have fans, this could be a great way to get some contribution from them.
You're correct but you also Own the IP of the art as well.
Nope you don’t. NFTs are not legally enforceable unless there is a signed contract of some kind. Not a lawyer though.
 
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The metadata, simply put, is the “public” url to the image that is being sold. You don’t own the image, you just own the transaction.
True, you kind of indirectly own it though. But you also rely on the file sharing protocol the file is residing onto.
NFTs are not legally enforceable unless there is a signed contract of some kind. Not a lawyer though.
True again, only if the creator signs a contract for every issued NFT then you legally own the IP of that piece of work. But as far as I know with most collections this isn't happening.
 
True, you kind of indirectly own it though. But you also rely on the file sharing protocol the file is residing onto.
Hmm.. much like someone who sleeps with many, vs my partner lolz :rolleyes:
 
When it comes to investment advice, never ever get in if it's promoted by a celebrity or popular one. It is a sign of a scam. Always stay away.

NFTs are bad thing happened for crypto, no use or worth. These celebs too this to wrong way and destroyed almost, Crypto should focus on what it means for. Too many fraud and get rich schemes.

I still believe in this crypto, but other than its purpose, all else are scam.
 
When it comes to investment advice, never ever get in if it's promoted by a celebrity or popular one. It is a sign of a scam. Always stay away.

NFTs are bad thing happened for crypto, no use or worth. These celebs too this to wrong way and destroyed almost, Crypto should focus on what it means for. Too many fraud and get rich schemes.

I still believe in this crypto, but other than its purpose, all else are scam.
100 % true
 
What’d you expect, people are selling monkey PNGs for millions of $, definitely unsustainable when you run out of degenerates. The ERC721/1155 format isn’t useless though I think I can find great usecases in fighting counterfit products for example.
 
i dont understand why people spent millions on nft only to purchase one jpg file.
i think they have never seen monkey with cool hat. :rolleyes:
there are 2 kind of NFT people
to hold & then to flip...
or to hold & to waste money...
 
To being honest never found a value on NFTs and well this only show us that people have a lot of money to spend.
 
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