Non-fungable tokens
basically a tag on something that cannot be replicated digitally to make a digital good that is as "unique" as a digital good can be, someone can duplicate the file but they can't duplicate the NFT attached to it, making anything without the NFT a "fake.'
It's basically just another fad thing for rich people to throw money at and treat like they treat art irl, as a place to deal with money as a loophole as a good.
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In regards to the "gonna ruin the environment" thing,
basically, NFTs are primarily traded using ethereum, a crypto currency on a proof of work system that uses a large amount of electricity to produce any usable amount of the currency. There are quite a few issues with the idea that its bad to spend the electricity to make proof of work crypto but thats neither here nor there as people selling NFTs isn't really going to affect the amount of it thats made in a meaningful way regardless along with the fact some NFT sale sites allow trade in USD anyways.
basically a tag on something that cannot be replicated digitally to make a digital good that is as "unique" as a digital good can be, someone can duplicate the file but they can't duplicate the NFT attached to it, making anything without the NFT a "fake.'
It's basically just another fad thing for rich people to throw money at and treat like they treat art irl, as a place to deal with money as a loophole as a good.
-
In regards to the "gonna ruin the environment" thing,
basically, NFTs are primarily traded using ethereum, a crypto currency on a proof of work system that uses a large amount of electricity to produce any usable amount of the currency. There are quite a few issues with the idea that its bad to spend the electricity to make proof of work crypto but thats neither here nor there as people selling NFTs isn't really going to affect the amount of it thats made in a meaningful way regardless along with the fact some NFT sale sites allow trade in USD anyways.