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Showing posts from October, 2021

The NFTea on NFT Video Games

 For the sake of clarity, I will do the briefest of recaps on what an NFT is before delving into my main business for today. An NFT, or "Non-fungible token" can be thought of as a purchasable digital proof of authenticity linked to a digital work. When an NFT is minted and sold on a marketplace, it can be bought and the buyer will receive the work and the digital code to mark their ownership. The word "receive" is not literal, as there is no physical work mailed to them. This is where most people get tripped up. Yes the work is digital and anyone can simply hit right-click and download the art. But then again, I don't have to pay millions at auction to own the Mona Lisa, I can order a cheap print of Amazon. Think of the NFT as being the mark that the buyer has rights to the authentic original. Yes, there are plenty of arguments against NFTs, from their use to their adverse effects on the environment. But, I am in no mood to get to them now and lucky for me this