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By YubbaCube
By YubbaCube
"The Check may or may not be notable."
The early months of 2021 would have been another phase in the world of tech with the usual advancements in blockchain and crypto. However, NFTs had other plans as they made a huge impact in the month of February with a $69 million sale of a piece of digital art. Non-fungible tokens have been around since 2016, with popular projects such as CryptoPunks or CryptoKitties being some of the early pioneers in this space.
However, many people have been assuming that NFTs are just over-hyped digital images and are not different from JPEGs. On the contrary, NFTs are more than JPEGs in many ways, starting from verification of ownership to authenticity of the artwork. The following discussion will help you understand why NFTs, which can rake in around $40 billion, is definitely more than JPEGs.
As nice as it sounds, don't forget that everyone is here for the money.
The True Meme Factory reflects on the current situation of the NFT market in the form of funny, critical and thought-provoking memes.
New: MINT IS LIVE: https://app.manifold.xyz/c/scroogemcJack
Contract Address0xb93b...bcce
Token ID2
Token StandardERC-1155
ChainEthereum
Last Updated1 year ago
Creator Earnings
Scrooge McJack meme - Open Edition
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Scrooge McJack meme - Open Edition
0
view_module
305 itemsvisibility
443 views- Unit PriceUSD Unit PriceQuantityExpirationFrom
- Unit PriceUSD Unit PriceQuantityFloor DifferenceExpirationFrom
By YubbaCube
By YubbaCube
"The Check may or may not be notable."
The early months of 2021 would have been another phase in the world of tech with the usual advancements in blockchain and crypto. However, NFTs had other plans as they made a huge impact in the month of February with a $69 million sale of a piece of digital art. Non-fungible tokens have been around since 2016, with popular projects such as CryptoPunks or CryptoKitties being some of the early pioneers in this space.
However, many people have been assuming that NFTs are just over-hyped digital images and are not different from JPEGs. On the contrary, NFTs are more than JPEGs in many ways, starting from verification of ownership to authenticity of the artwork. The following discussion will help you understand why NFTs, which can rake in around $40 billion, is definitely more than JPEGs.
As nice as it sounds, don't forget that everyone is here for the money.
The True Meme Factory reflects on the current situation of the NFT market in the form of funny, critical and thought-provoking memes.
New: MINT IS LIVE: https://app.manifold.xyz/c/scroogemcJack
Contract Address0xb93b...bcce
Token ID2
Token StandardERC-1155
ChainEthereum
Last Updated1 year ago
Creator Earnings
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- Sales
- Transfers
Event
Unit Price
Quantity
From
To
Date
