After watching this video im fully convinced that NFTs are a SCAM

[LauderdaleBoss]

The reason why a lot of black folks call certain shyt a scam is because the minute they find one black person that seems to be on the up and up with it, they can't break it down or explain shyt in layman's terms. nikkas will answer your question with more questions and lowkey be condescending. Thread is a perfect example. shyt could have really been productive.

but fukk it. may as well showcase my NFTs then. No bullshyt apes or gimmicks. Just real dope boxing artwork.

 

[Kuwka_Atcha_Ratcha]

Bruh… I’m done. I’m asking you simple questions and you ignore my questions to get into some irrelevant detail that takes us further away from the original point. And for this reason people will continue to call it a scam. Even if it isn’t. nikkas talking in circles when you know what they mean.

Your making statements on top of your questions... The statements you're making are not true. You can't buy an authentic print of scream on th cheap (lucky if you can buy one even on the other expensive) because of this your tower of "logic" crumbles.

 

[CrimsonTider]

Selling NFTs >>>>>>>>>>>>>>>>>>>>>>>>> Buying NFTs
That shyt seems completely worthless and people are literally selling NFTs of anything they can think of.
If you somehow finesse your way to selling one for millions , then kudos to you, but I have no idea why anyone would want to "invest" in them shyts unless it's a way to clean dirty money or something
Has there been any documented cases of people actually flipping a NFT for more than they bought it for? When that begins to happen REGULARLY then I'll have way more confidence in the medium

Selling NFTs to who?

Don’t you need a buyer to sale?

 

[Menna]

Some are

 

[Kuwka_Atcha_Ratcha]

Selling NFTs to who?

Don’t you need a buyer to sale?

Lol I was thinking the same thing

 

[Kuwka_Atcha_Ratcha]

Some are

Quickly list the ones that are please

 

[Prodyson]

Your making statements on top of your questions... The statements you're making are not true. You can't buy an authentic print of scream on th cheap (lucky if you can buy one even on the other expensive) because of this your tower of "logic" crumbles.

Gotcha

For those who actually want their question answered. Here is an article that I found (after reading about 3 of them) that makes it a bit clearer. Still a decent amount of uncertainty and doubt considering considering what you actually own, but it actually answers some of the questions that were asked, unlike @Kuwka_Atcha_Ratcha

I still don’t understand the value of owning someone’s tweet or even what claim someone would even have to a tweet to sell ownership of it via an NFT, but maybe it’s just me.

https://www.makeuseof.com/what-do-you-actually-own-if-you-buy-an-nft/amp/

 

[Kuwka_Atcha_Ratcha]

Gotcha

For those who actually want their question answered. Here is an article that I found (after reading about 3 of them) that makes it a bit clearer. Still a decent amount of uncertainty and doubt considering considering what you actually own, but it actually answers some of the questions that were asked, unlike @Kuwka_Atcha_Ratcha

I still don’t understand the value of owning someone’s tweet or even what claim someone would even have to a tweet to sell ownership of it via an NFT, but maybe it’s just me.

https://www.makeuseof.com/what-do-you-actually-own-if-you-buy-an-nft/amp/

Literally answered every question in this thread, but glad you found a link for better understanding.

 

[Menna]

What are they And why will they hold value? Why is a 45 second clip selling for 5.5 million dollars? What determines it's worth?

what determines any art, collectible, antique, trades value? Artist, age, mint, community, history, brand...........................,

 

[Menna]

Quickly list the ones that are please

How about I list them in my own down time

The Micky/Disney Statue NFT

Spiderman

Superman

Marvel Comics NFT

Simpsons NFT

Iron Man NFT

Vyfinance NFT's for passive income

and then the board ape brand cause if its brand and its community I don't think it has passive income...just gives infromation to holder...

and I work full time and do other shyt there prob 20+ others I don't know about

If you own a cryptos projects NFT some airdrop you Tokens and those Tokens can then be moved around to an exchange and cashed out for dollars...

I rather buy an investment property than a 100k picture...but if you in early like anything else........

 

[SadimirPutin]

All this talk about Coli members having made money off crypto is about as credible as all the people who said they were going to buy BBB sneakers

Yall are basically frauds until you provide evidence.....

 

[SadimirPutin]

Actually how many of the proponents of NFTs in this thread own any

 

[LauderdaleBoss]

Actually how many of the proponents of NFTs in this thread own any

https://opensea.io/collection/shutterworth-collection

these are mine.

 

[UpAndComing]

What are they And why will they hold value? Why is a 45 second clip selling for 5.5 million dollars? What determines it's worth?

Same questions can be applied to traditional art. Why does traditional art hold value? Why is a painting with blob of red paint selling for millions? What determines its worth?

Tax Shelter for the Rich

 

[SadimirPutin]

https://opensea.io/collection/shutterworth-collection

these are mine.

Okay now I can speak directly with someone who has actual proof of skin in the game

In your opinion how easily monetizable are your NFTs say 5 years from now?