Thread: Non Fungible Token.....digital photography?

NFT......Non Fungible Token which is linked to block chain technology.

Any photographer on here turning their photography into 3d animated digital crypto art and displaying or selling them on NFT's sites?

There probably some readers on here who have never heard of NFT's. Just go to the web and have a look. Some of the prices paid for these "works of art" are a bit expensive such as Beeple's....Mike Winkelmann....Everydays: the First 5000 Days which sold at Christies British aution house for $69.3 million

Wow. I read the Wiki page on that subject and I'm still no wiser. I can understand part of the concept but how do you go from taking a photo of something to earning money from it???

Originally Posted by Dusty Fog

once we have loss of power the asset dies whereas gold is still gold,,that i can understand

Tell that to Dan Carter. New form of craze just like goats ...years ago and then later ostrich eggs. The circus of life...also called greed.

Both NFTS and Crypto rely on the greater Fool Theory (~Bill Gates)

You buy this from me, pay me $1 million, I only paid $1 thousand, you can sell it for $1 billion.

So long as another bigger fool turns up (every minute it seems), it'll keep on going.

Until it doesn't.

If land loses value you can store stuff on, it, grow veggies, etc, etc.

If Gold loses value, you can use it for cell phone componentry, make fish hooks, etc, etc.

Crypto and NZFT have no utility when valueless, excepting as something you can sell to the next fool.

A buitifull world out there today.

Originally Posted by MarkN

Both NFTS and Crypto rely on the greater Fool Theory (~Bill Gates)

You buy this from me, pay me $1 million, I only paid $1 thousand, you can sell it for $1 billion.

So long as another bigger fool turns up (every minute it seems), it'll keep on going.

Until it doesn't.

If land loses value you can store stuff on, it, grow veggies, etc, etc.

If Gold loses value, you can use it for cell phone componentry, make fish hooks, etc, etc.

Crypto and NZFT have no utility when valueless, excepting as something you can sell to the next fool.

Nail on the head and of course its also the easiest way to move and hide money from the AML crowd.

I read that the first tweat by the bloke who started tweeter was sold as an nft for over a million dollars, when put back on the market it failed to make $26,000.

Indubitably

Looks pretty frangible to me

Originally Posted by Trout

A buitifull world out there today.