How to Explain NFTs to People Who Think They're Just JPEGs

Written by gavinb | Published 2021/10/12
Tech Story Tags: gaming-metaverse | nfts | non-fungible-tokens | explaining-nfts | they-aren't-just-jpegs | nfts-prove-ownership | nfts-are-tokens | hackernoon-top-story

TLDRThe JPEG is not the NFT. An NFT is a token, no different than Bitcoin or Ethereum, meaning they can not be duplicated. NFTs, however, come tethered to a piece of media, and that grants you official, blockchain-certified ownership of that media. It doesn't matter who has it saved, it is yours, and you can prove it.via the TL;DR App
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Written by gavinb | "Look to the lord, and you shall get there on the perfect line. Yeah baby, look at the f*cking pace." -Street 1:12
Published by HackerNoon on 2021/10/12
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