Imagine if your car could pump CO2 into the environment all while sitting in your garage. I know, it’s a dream few have dared to realize but now you can! And you don’t even need to own the actual physical car! Just a picture of the car and some code will deliver plenty of sweet, planet warming carbon straight into the Earth’s atmosphere.
You guys, we are getting really good at this.
If you don’t know what an NFT is, please for the love of god back out of this blog post now and move to a shack in Montana with no electricity or internet. Preserve your precious innocence. For the rest of you sinners I’ll let the Verge explain it, because I’ve listened to podcasts, read articles and at least started reading a book on blockchains and NFTs and still the only way I can explain any of this is simply to say: Humans decide something has value, and suddenly it does, like tulip bulbs or Beanie Babies, except in this case, there’s no “thing.” Here’s what the Verge says:
WHAT IS AN NFT? WHAT DOES NFT STAND FOR?
That doesn’t make it any clearer.
Right, sorry. “Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible. If you traded it for a different card, you’d have something completely different. You gave up a Squirtle, and got a 1909…