NFT doesn't make sense.

[kafa88]

What does now say to our GAME SANOOK colleague Daniel Van Boom about the compelling trend of indestructible tokens?If you are confused by blockchain and cryptocurrency Try it out with your virtual wallet: the immutable token is the latest trend in the world of virtual value, and it makes sense for the past.Most people struggle with the opaque name "nonfungible token." "Almost every of those words are confusing," said Daniel Van Boom,

editor who recently wrote an article called NFT. But that will not stop them. Nonfungible" refers to something unique and cannot be replaced with another item, unlike the way a $ 1 bill can be replaced with another $ 1 bill. Digital tokens or certificates are not tangible.The immutable token is generated by blockchain technology, which records the owner of the NFT in a non-verifiable, openly, and immutable ledger. But that doesn't mean NFT provides copy protection.

The token is a certificate of authenticity,says Van Boom, "so if I buy an NFT for a tweet, the token will authenticate that I own that tweet.But that doesn't limit the ownership of the complete digital copy. Its type Messages or files on a computer can be reproduced as easily and perfectly as all computer users know. The whole story started to take a hit from Alice in Wonderland.With all of this, you might deride that NFTs are worthless, but people spend a lot of money on them.

The most famous example is the $ 69 million paid in March for the NFT of digital art by Beeple (however, insert below and Repeat Load thousands of times this page at no cost.)The NFT can be the final distillation of the elements of the stock market, real estate, and precious metals, that is, what is worth what others will pay you.Van Boom explains the NFT and the circular logic of values ​​with colleague Brian Cooley.Listen to their conversation in the video above.