What It's About
Today's caller asks what everyone is thinking regarding NFTs. Can't you just copy and save them?
Notes from Chris
Episode 1950
NFT alert! We’re talking about those crazy things people are buying for large amounts of money online—digital images that are non-fungible. This is a topic some of us are still getting our heads around. Today’s caller wants to know: can you really right-click and save someone else’s NFT to your computer? That same thing they paid tens or hundreds of thousands of dollars for? (Or if they’re Justin Bieber, $1.3M?) If you can do this, can you then sell it yourself? I love the thinking!"Everyone knows that NFTs are just digital art, and there's no way to make them truly exclusive. After all, anyone can right-click and save an image to their computer. Yet many of them are selling for tens or even hundreds of thousands of dollars! So what's different about the version that people are buying and the one that you or I could save to our computer—why is there so much interest around them? Also, is it possible for anyone else to sell the NFTs? I'm thinking it can't be that easy... but I don't know what's stopping them."Listen to today's episode to learn more...
SEE ALSO:
- Graphic Designer Paints a Picture Worth $8,000/Month: This designer is the picture of success with a side hustle that draws in a full-time income.
- Management Consultants Create Travel-Themed Digital Art: Two friends who work as consultants create an online shop offering digital and print-on-demand travel-themed art prints.
- Retired Couple Sells Digital Art Prints Online: A retired husband-and-wife team make a shift from handmade art to digital art prints. They now sell more than 100 prints each month.
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