Why are NFTs selling? And is this just a hype or is there really a future in unique art that only one can have an original of?
In: Technology
I also agree, it’s stupid, but answer me this. What’s the difference between owning the original Mona Lisa or having a photo of it, or a print of it hanging on your wall?
Essentially that is the same yes?
What about a trade cards? Rare Michael Jordan cards sell for $200,000! Why pay that much when you can just print out the same card?
So, if you understand and agree that those examples have value, then the same concept applies to NFTs, and I can see them becoming a permanent thing.
What I think will really solidify them is if the owner of the NFT also has the digital copyrights ownership to selling that piece of footage or renting it etc.
That would open up a huge new and interesting market
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