Ok, if you took a screenshot of an NFT and tried to peddle it as your own, no one would buy it because it lacks the specific metadata indicating it's authenticity, backed by the blockchain that it was created on. You can look up the process, but In simplest terms, the blockchain can not be messed with.
The NFTs are only worth what people will pay for them, as is any form of art. Yes, you can go on an NFT marketplace and ctr + printscreen the jpegs, but what makes art valuable is its authenticity. Would you pay big bucks for a fake Mona Lisa? Now these NFTs are nothing like the Mona Lisa, but you get my point...
I've heard of musicians publishing their songs as NFTs and items in blockchain games.
No matter the use, the purpose of NFTs is to protect the creator from someone copying their property and selling it as their own.
Because paper can be forged, like Barry's birth certificate haha. Also the fact that NFTs can be instantly verified is useful as well. I don't have to wait for my paper certificate of verification in the mail, that could be photoshopped or duplicated.
Ok, if you took a screenshot of an NFT and tried to peddle it as your own, no one would buy it because it lacks the specific metadata indicating it's authenticity, backed by the blockchain that it was created on. You can look up the process, but In simplest terms, the blockchain can not be messed with.
The NFTs are only worth what people will pay for them, as is any form of art. Yes, you can go on an NFT marketplace and ctr + printscreen the jpegs, but what makes art valuable is its authenticity. Would you pay big bucks for a fake Mona Lisa? Now these NFTs are nothing like the Mona Lisa, but you get my point...
I've heard of musicians publishing their songs as NFTs and items in blockchain games.
No matter the use, the purpose of NFTs is to protect the creator from someone copying their property and selling it as their own.
Hope this helps.
Yes, you got it. A piece of digital property (artwork, collectible, in-game item, etc.) with a tamperproof certificate of authenticity.
Because paper can be forged, like Barry's birth certificate haha. Also the fact that NFTs can be instantly verified is useful as well. I don't have to wait for my paper certificate of verification in the mail, that could be photoshopped or duplicated.