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NFTs: Difference between revisions
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==What are NFTs== | ==What are NFTs== | ||
You may be asking [[I'm 12 years old and what is this?|what are NFTs]]. Well the answer is simple, NFTs is a [[Security Faggotry|financial security]] of digital data stored in the blockchain. The ownership is recorded in the blockchain, meaning [[stealing|anything you sell as an NFT is automatically yours]]. The owner can transfer their shitty ape to someone else, allowing for investment through trading and selling with other basement-dwellers that will. If this all sounds too needlessly complicated, it is. In super simplified terms, these geeks are buying and selling receipts to each other. The blockchain is a big list of who's got what receipts and how much everyone paid for their receipt. [[Some argue|A common misconception]] surrounding NFTs is that once you buy one of their hideous pieces of art, you now own the NFT. In reality you only own the a copy of that art. Still, you can earn some cash back by selling your copy of an NFT for a higher price to the idiots that will buy anything. | You may be asking [[I'm 12 years old and what is this?|what are NFTs]]. Well the answer is simple, NFTs is a [[Security Faggotry|financial security]] of digital data stored in the blockchain. The ownership is recorded in the blockchain, meaning [[stealing|anything you sell as an NFT is automatically yours]]. The owner can transfer their shitty ape to someone else, allowing for investment through trading and selling with other basement-dwellers that will. If this all sounds too needlessly complicated, it is. | ||
In super simplified terms, these geeks are buying and selling receipts to each other. The blockchain is a big list of who's got what receipts and how much everyone paid for their receipt. [[Some argue|A common misconception]] surrounding NFTs is that once you buy one of their hideous pieces of art, you now own the NFT. In reality you only own the a copy of that art. Still, you can earn some cash back by selling your copy of an NFT for a higher price to the idiots that will buy anything. | |||
==How NFTs are made== | ==How NFTs are made== |
Revision as of 08:54, 14 October 2022
BREAKING NEWS!! NFTs have lost all of their value |
NFTs or Niggers For Trade are a new, trendy way for retards to transfer wealth from other retards back to themselves. The first NFTs were made sometime in 2014 by Kevin McSoy and Anal Dash as a result of The Fappening. If you ask one of the pathetic nerds involved, they'll tell you NFT stands for "Non-Fungible Token", meaning your digital drawing of an ape is completely unique and one of a kind, just like an Aspie! They're basically a nerdier version of pokemon cards, if such a thing can exist. NFT investors will happily rant for hours about how revolutionary this technology is, apparently no one can comprehend randomly generated images being "non-fungible", though pretty much everything in the universe is "non-fungible" if you think about it long enough.
Despite the average NFT being even less valuable than a Yu-Gi-Oh! card, most NFTs sell for prices high enough to make even a Tel Aviv merchant jealous. With millions of braindead celebrities being paid to promote these ugly icons, the NFT market has been given an undeserved reputation of legitimacy, and their value is attributed to the hoards of Redditors and Twitter users pushing these monstrosities. The NFT detractors being just as uninformed and unlikeable as NFT buyers hasn't helped the situation; with so many reddit-obsessed teenagers spreading easy-to-disprove lies about NFTs, it's very attractive for some to enter the NFT world and just assume those who don't buy into them are clearly too stupid to understand what they're looking at.
Don't be fooled, if you buy an NFT, especially now as the hype and attention around them slowly dies, you will likely overpay for an ugly avatar that will only plummet in value with each passing day. The few friends you do have will make fun of you for it, you'll eventually have to sell it for a fraction of the price you paid, and you'll regret it for the rest of your days. Like many things in this world, it's already controlled by incredibly clever manipulators who know how to sell scams to everyone, from the savvy internet users, to the normies who hardly use the internet.
What are NFTs
You may be asking what are NFTs. Well the answer is simple, NFTs is a financial security of digital data stored in the blockchain. The ownership is recorded in the blockchain, meaning anything you sell as an NFT is automatically yours. The owner can transfer their shitty ape to someone else, allowing for investment through trading and selling with other basement-dwellers that will. If this all sounds too needlessly complicated, it is.
In super simplified terms, these geeks are buying and selling receipts to each other. The blockchain is a big list of who's got what receipts and how much everyone paid for their receipt. A common misconception surrounding NFTs is that once you buy one of their hideous pieces of art, you now own the NFT. In reality you only own the a copy of that art. Still, you can earn some cash back by selling your copy of an NFT for a higher price to the idiots that will buy anything.
How NFTs are made
NFT's usually run on an Ethereum Cockchain, which is magic internet technology which wastes a shit-ton of valuable energy actual apes could be using. NFT's usually come in the form of images, though they can also be pretty much anything digital such as video and audio. Typical NFT "art" usually consists of a standard plain color background, with a simple design pattern on it behind some hideous creature designed from a base model which is then run through some algorithm which clothes the model with different accessories, facial expressions, and skin colors which makes the NFT "non-fungible" or something. After the NFT is designed it's placed on the "crypto-market", ready for sheltered dumbasses with too much money to purchase.
Why you can't just save the image
A common question regarding NFTs is "Why can't I just save the image or take a screenshot instead of paying for it?". The answer to this question is that since no one is actually buying the art outright, only it's unique number associated with it, you're not really stealing it, you have the real world equivalent of a print from the gift shop. Normies and zoomers who thought they were beating the system started "bullying" NFT investors by telling them they had "right-clicked, save as" their NFTs. Crypto-bros started ironically responding with copypastas about how this was going to finically ruin them, and so the idiots continued "threatening" the investors until they eventually got bored.
NFT controversy
Everything about NFTs, from the way they're made to the way they're promoted, makes them a prime target of online hatred. One common argument against these precious pieces of digital art claims NFTs are a scam, as all NFTs are overpriced to steal worthless cryptocurrency from the brainless investor that will invest in atrocious for the short-term. Every single NFT is valueless, less valuable than someones shitty art on DeviantArt despite the "lucrative investments".
Another argument is that NFTs are way poor losers with no life to earn money without any effort. Anybody can take someone's hardwork and passion and sell it as NFT for a higher amount than the original, and automatically take all ownership. Meanwhile, since the original artist never copyrighted his work he has no way of ownership of the art.
Moralfags claim that NFTs are bad for the environment and are ruining society. This is because NFTs create high amounts of energy from destruction they give to are society.
Some argue NFTs are another way for companies to induce the public to buy their shitty products. Essentially, NFTs are like Pride month, just another dumb fad corporations follow to earn more money.
Videos
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Gallery
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NFTNPC.
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This is why NFTs are so popular among the Jewish community.
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Believe it or not, this is the world's most expensive NFT.
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Black Lives Matter Hitler NFT.
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This piece of shit sold for 300 Chinkchillion dollars.
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Goatse is an NFT
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Madagascar predicted NFTs.
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George Floyd is an NFT.
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yes you would
See also