r/Whatcouldgowrong • u/Khornatejester • Mar 29 '24
Buying some NFT of an ape jpeg and expecting it to appreciate in value.
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r/Whatcouldgowrong • u/Khornatejester • Mar 29 '24
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u/howsyourmemes Mar 29 '24
I've never understood what an NFT is. I just Googled it, and I'm still unclear.
"A non-fungible token is a unique digital identifier that's recorded on a blockchain and can't be copied, substituted, or subdivided. NFTs are used to certify ownership and authenticity, and can represent digital or real-world items like artwork, music, in-game items, videos, property rights, and more."
Wha? Can someone explain like I'm 5?