NFmotherflippinTs: Are They Really That Great?

Listen on Itunes, Iheartradio, Podbean.

Welcome to the machine. Welcome to the world of Non Fungible Tokens or as I like to call them Non-Fuckable Tokens. Joke is on me because it turns out they are very fuckable. NFT’s are exciting and do provide a revolutionary way of delivering ownership of many different things such as art, video clips, and special tweets. 

We are living in a time where somebody is paying 200k+ to own things like  Lebron James’ highlights and Jack Dorsey’s first tweet. Beeple, a digital artist, just sold a digital art piece for 69M. 

In this pod Aly and I go back and forth and try to dissect what's really up with NFT’s. Turns out when you are buying one, you are not buying the real deal. You are buying a link that brings to what is believed to be the original. Problem is there is no way of knowing if that is the only copy! 

Articles mentioned: 

NFTs might not solve the digital art authenticity problem.

NFTs Were Supposed to Protect Artists. They Don't.