What is an NFT and how is it “bad for the environment?”

[Juun]

You pay real money to own a copy of your favorite memes, that I can right click and save still. But you'll be the owner of that meme, but not the copyright holder mind you, that still is the creators. So you just pay money for pixels everyone else can still download for free.

[Krotoan]

You pay real money to own a copy of your favorite memes, that I can right click and save still. But you'll be the owner of that meme, but not the copyright holder mind you, that still is the creators. So you just pay money for pixels everyone else can still download for free.

As far as I understand: You own the code.. for a particular hosted instance of a picture. You don't own the picture.

People who sell them like to act like they're selling the picture.. but it's like.. they've sold you the address where the picture lives. "www.funkymonkeys.com/123897357/12.jpg" is what you own.


I think.

Things are confusing. But as I've had it explained to me the art/likeness/image or whatever doesn't matter. It's the code that refers to it that you're buying.