zlacker

>>jbegle+(OP)
I can make an pseudo-NFT for about $1.20... print a digital image on a piece of paper, making sure to include the Serial Number of a US Dollar Note in the image. Staple the real US dollar note with that Serial Number to the print of the image.

The paper/dollar object is now not fungible, and is a token. ;-)

I real NFT is the same thing, but with a tiny bit of cryptocurrency instead of the US dollar.

[Edit] - A did it, and made a blog post about it - https://mikewarot.blogspot.com/2022/01/whats-all-this-nft-st...

>>mikewa+ag1
Non-fungible physical items have existed forever, the whole point of NFTs is (attempting) to do this digitally. The Mona Lisa is not fungible.

>>carnit+F92
None of the normies understand what it is, so I provided an explanatory illustration. It clears up a lot of the mystery.

Why anyone would pay for an NFT of a digital photo is beyond me. It conveys no actual value other that the small chunk of Ethereum, bitcoin, whatever, it is anchored to.