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@chekohler
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1 min read

Perhaps I just don't get it, but I don't see how a unique identifier hashed into the blockchain with a link to a jpeg makes it rare or makes it valuable.

I am not saying that what the artist does isn't valuable, but why can't an artist then sell the work, not as an NFT and command the same value?

To me, people are conflating the idea of an NFT with something that offers any protection but unless the actual NFT is a native asset of something like a game, or has several oracles validating its authenticity or a central body with legal grounds to enforce anything then I where does the NFT hold any value?

Maybe I am getting too old and this new age stuff is going over my head lol

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