Melania Trump will Launch an NFT and Blockchain Technology Venture
(media.greatawakening.win)
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NFTs are scams. Shame on her, she's smarter than that nonsense.
How is a non fungible token a scam? If anything proof of ownership with public verification is the opposite of a scam.
Just like the internet was a scam too... hahaha
It's as much a scam as collectable baseball cards, only these can't be forged.
Yea. Dunno how to feel about this one. On one hand NFTs in general can and have been used to scam people. On the other hand if there are enough people who find it valuable there will be value kind of like fiat. And of course the whole “one of a kind” quality albeit different from the tangible “one of a kind” that I’m used to.
I feel like the majority of NFT scams arise when some random unknown person makes something and then tries to pass it off as valuable. There's initial demand, and then once they realize it's just some random thing that nobody cares about, the demand crumbles, followed by the price.
If someone desirable like Trump makes an NFT, the demand for the NFT is likely going to stay stable and increase once the NFT stops being available and there's no more being minted. Therefore the price is likely to increase.
Wonder what she has in the way of materials? Is it used solely for art? Can documents/literature/photographs also be considered as NFT's?
I have no idea how it works.