I don’t assume anybody can cease you, however that’s probably not what I meant. A whole lot of the dialog is about NFTs as an evolution of fine art collecting, solely with digital artwork. However sure, somebody might purchase your good tweets. May you do an actual fast rundown of what the blockchain is ? The founder of Twitter sold one for just under $3 million shortly after we initially posted this text. Properly, they’re fairly advanced, however the fundamental thought is that blockchains are a strategy to retailer knowledge with out having to belief anybody firm or entity to maintain issues safe and correct.
There are undoubtedly nuances and exceptions there, which you’ll be able to read about in our blockchain explainer, however when most individuals say “blockchain,” that’s the sort of tech they’re speaking about. There’s additionally… a whole lot of nuance about whether or not NFT’s are on the blockchain or not, which we’ll dig into in a bit.
So do folks actually assume this would be the way forward for accumulating? I do know, I really feel like an actual author. I’m positive some folks actually hope so - like whoever paid nearly $390,000 for a 50-second video by Grimes or the one that paid $6.6 million for a video by Beeple. Sorry, I used to be busy right-clicking on that Beeple video and downloading the identical file the individual paid tens of millions of for what principally quantities to a buying and selling card? Truly, one in every of Beeple’s items was auctioned at Christie’s, the famou.
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