I'll be honest here, I barely get the concept of this at all, but from what I've gathered regarding it all, it seems like you can own your own unique artwork with a non-replicable encoding that gives it its own fingerprint if you will, thus making it impossible to copy ---> but apparently people can just screenshot it and render it useless? There's some people saying it's not true and then some more, but I just don't think that I'm tech savvy enough to tell whether they're being legit about this or not. Moreover, I feel that the last time I heard something about ridiculously expensive / overpriced art works, either it had something to do with tax evasion or money laundering by the elites. So well, I dunno.
Can someone on here break this craziness down for the GAW audiences in laymen's terms? Would be much, MUCH appreciated! Cheers! And thank you! :)
It has a block chain,like bitcon,you can put it on program's and games so they can be resold online. It can also be attached to digital stock certificates to prove they are real.
They it can cause the market to burn to the ground,as their are trillions of synthetic shares in the marketplace.
Gamestop is making big moves in NFT. Those that fully understand them are jacked to the tits.