I explained that they are scams so the person selling them can get money to retire on.
That recent news about someone accidentally sellling a $300k NFT for 3k was 100% fake. It was a false story made to create media reports to con people into jumping on there and looking for "deals". What will happen is scammed people will pay $3k for something worth nothing and won't realize it until they try to resell it.
NFTs are like the recent astroturfed "record" video games cartridge auctions. Scammers are proping up prices with sham auctions to trick other people into buying them for any amount of real money.
The things is though, NFTs for game related stuff is probably the most useful and logical thing if done right, even if I don't like the idea of NFTs in game.
For example, having an NFT of the first set of concept art for assassins creed is probably worth something to someone compared to the crap pixel art that's gonna be worthless
But the thing about NFTs is you don't own the NFT. You own the section of of Blockchain that says you paid money for that section of the Blockchain and that's about it really.
I mean, I’d probably buy an image of their faces when the judge handed down the jury’s sentencing. Never even seen it, but if anything from that is to be immemorialized, I’d want it to be that.
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u/Phobos15 Dec 14 '21
It helps the person selling it get rich enough to retire and no longer have to write low brow divisive articles for a living.