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omariqy
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Spent some time researching these this weekend and understanding how it all works. I know we have touched on this in the Crypto thread but thought it deserved its own thread. Your thoughts?

This is a pretty interesting article - https://www.bloomberg.com/news/articles/2021-11-19/thousands-of-images-from-pricey-nfts-are-being-offered-for-free

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An Australian software developer says he has made thousands of non-fungible token images freely available, calling it an art project that aims to show the absurdity of property-rights concepts in digital assets.

 

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2 hours ago, omariqy said:

What's that sorry?

They are just as bad as Crypto, people seem to think that because there is no travel, no physical materials etc that they don't do any damage to the environment, however that just not the case.  While people are trying to clean them up, its just not there yet.

For example;

Quote

Take “Space Cat,” an NFT that’s basically a GIF of a cat in a rocket heading to the Moon. Space Cat’s carbon footprint is equivalent to an EU resident’s electricity usage for two months,

Source for the quote here

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