Comment on Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.

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Syrc@lemmy.world ⁨1⁩ ⁨year⁩ ago

So it’s a matter of being relatively easy to scam people with it? Is it an issue only when the NFT is “made” for the first time or for every transaction too?

I personally thought the appeal was that you can sell them as regular items, whereas if they were in a traditional database you still would’ve needed the transaction to be approved by the database itself.

At least that’s what I figured, I know nothing of how selling an NFT works so I could be just talking out of my ass.

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