NFTs aren’t contracts for the rights, so this is as real an NFT as any other. An NFT is essentially a text file, that only one person can prove they own via the blockchain, where the file has a URL written inside. Nothing more, nothing less.
NFTs aren’t contracts for the rights, so this is as real an NFT as any other. An NFT is essentially a text file, that only one person can prove they own via the blockchain, where the file has a URL written inside. Nothing more, nothing less.
This is the most succinct explanation I have across. Thank you. Now, this amazes me more that people are willing to invest & trade on text files with some URL in a Blockchain. The naive me now thinks this is bonkers. No wonder so many people are critical of its worth.
How does one view list(s) of NFTs?
A better question is "why" anyone would want to look at lists of URLs pointing to things that someone is pretending that they own by having an entry of their ownership in some arbitrary public ledger.