Bitcoin Forum

How do you make an NFT? I know that you need to launch them on either the Ethereum blockchain or another common chain that can be made available and sold through a popular marketplace, but I still just don't quite get why people are forking over millions and millions of dollars for these honestly seemingly worthless tokens when they could have BTC or literally any other shitcoin.

Someone please help me understand why they are so valuable, should we all be investing in these NFTs? Are they really worth it long term? What is the difference between these and those dumb crypto kittens? These are fortnight skins, they're things that we have already been purchasing like avatars though many platforms in the past 10 years, but now they just have a crypto branding lol.

Looking forward to some proper education here from the smartest people on the net, please don't hold back one bit and do us the kind service of educating everyone in this thread. Please and thanks!

What’s up snowflake!  :D So in terms of like art, as cool as beeples art is IMO..those prices are fn looney! Where I see NFTs being a great fit is for things like a car title or marriage certificate. Likely plenty of other legit use cases but I’m no expert.

To me, NFT is great as a digital representation of physical ownership. Something like a deed.
But people abuse the technology and have started putting all kind of shit as "art".

The answer lies in the question. They are so valuable because they are digital art. Many NTFs are created by famous artists, people all over the world. And people who buy NTF for a lot of money are unlikely to give the last out of their pockets.

As we all know that NFT is an art that has become digital, now the world is busy and popular with all things digital-based. Do you know how Bitcoin started as a digital currency? that's what NFT is like today, very strange, weird, like that was the question I used to ask people about BTC. The point of my view here is, if later art will be completely digital, there will no longer be a museum that stands majestically, at that time a work of art will be able to be enjoyed from anywhere via the internet.

Haha you're killing me smalls. Long time no talk ;)  The prices are truly absurd! But to actual legit legal documents that use case makes a lot of sense. I think you are on to something there my friend!