I don’t really care about fad stuff so I never bought any but also I never really understood how they worked practically. Like if I bought a famous tweet or jpg or what ever, how would I use the token to verify owner ship of the thing or sell it?
I don’t really care about fad stuff so I never bought any but also I never really understood how they worked practically. Like if I bought a famous tweet or jpg or what ever, how would I use the token to verify owner ship of the thing or sell it?
Like any market item it only has what value anyone is willing to pay for it.
It’s an interesting concept from a proof of ownership standpoint, same way you can ‘own’ a piece of crypto by holding a specific key.
Of any practical use though, say someone wanted to put the deed to a house as an owned token, the adoption across jurisdictions, the costs to maintain this ledger, the risk of electronic theft that simply doesn’t exist with paper records, it all makes real use more complicated than it needs to be.