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[-] JokeDeity@lemm.ee -5 points 1 month ago

No, they really aren't. What died down was scam artists selling jpegs for ridiculous money. Unfortunately. 99.999% of the human population thinks that NFTs are literally just jpegs thanks to the scam bros and retards that bought them. Real functional NFTs are definitely still being used.

[-] Mongostein@lemmy.ca 8 points 1 month ago

Can you name a good use case for NFTs?

Maybe to transfer ownership of software, but other than that…. 🤷‍♂️

[-] Naz@sh.itjust.works 4 points 1 month ago

Tax fraud/evasion was the main use case of NFTs that I saw but that's exclusive to the world of high art and private collections -- the actual NFTs, like bespoke paintings from famous painters.

So you know; even when not designed as a scam from the onset, it's about scamming money from others anyway.

this post was submitted on 05 Oct 2024
488 points (90.1% liked)

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