That’s like saying receipts are a bad idea.
Um, no.
Um, yes. At the most basic, NFTs are receipts.
In some ways, but receipts are generally given for useful things you buy. Not proof that you threw useless crypto at an even more useless entry in a star registry.
I agree. You don’t buy a receipt. The NFT itself is not valuable. What the NFTs are linked to is what is of value. All the NFT does is show who owns whatever it represents.
You can link NFTs to green energy certificates. It’s the certificates that are valuable, all the NFT does is show who owns the certificate.
The monkey jpegs are not what made bored apes interesting, it was the marketing and “additional features” that was valuable (to some people).
What the NFTs are linked to is what is of value
No they’re not, they’re entries in a star registry.
All the NFT does is show who owns whatever it represents.
No it doesn’t. Just like a receipt doesn’t show who owns something, an NFT doesn’t either. It just shows who spent money on something.
You seem angry about people selling stars. The NFT is just the paper the certificate is printed on.
I’m not angry, I just find it funny that people think that NFTs or star registries confers ownership of anything.
An NFT on its own doesn’t allow transfer of legal ownership of real goods. It needs to reference legal documents and those documents need to reference the NFT and whatever other property or rights are being sold.
