NFT is a like a deed to a house

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

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  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

• Altered Apes
• Gnomon algorithm
• Gnomon Chronicles

Nonfiction cross-reference

• Gnomon Chronicles (nonfiction)
• Non-fungible tokens (nonfiction)

External links

• Non-fungible token @ Wikipedia
• NFT is more like a Deed — Andreas Antonopoulos @ YouTube
• Understanding Punks and Apes and other Non-Fungible Tokens: Professor Carol Alexander MIT Ai & Quant @ 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)