NFT is a like a deed to a house
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A non-fungible token (NFT) is a like a deed to a house.
To make a digital picture (say, a Bored Ape) into a non-fungible token, you register the URL of that picture in an NFT registry database (like the deed of a house, registered with a title company).
In the News
Altered Apes is a 1980 American science fiction non-fungible zoology film about a laboratory research monkey at a top-secret government research project (William Hurt) who comes to believe that he is a human being imprisoned in a sensory deprivation tank.
Fiction cross-reference
Nonfiction cross-reference
External links
- Non-fungible token @ Wikipedia
- NFT is more like a Deed — Andreas Antonopoulos @ YouTube
- What is an NFT? (Crypto Beginners) @ YouTube
- Crypto Explained: What Are NFT or Non Fungible Tokens? Why Should I Care? [2021] @ YouTube
- The vast majority of NFTs are now worthless, new report shows @ The Guardian - Two years after tech trend that swept up artists and celebrities, researchers estimate 23 million people hold worthless investments (22 September 2023)
Social media
- Post @ Twitter (15 September 2023)