Describe NFTs like I just woke up out of a 2 year coma

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JPEGs with a high price with tons of scammers

💩

I think that marriage analog for 2 years ago said it best 😂

It's beanie babies for a cyberpunk dystopia

NFT means non-fungible tokens (NFTs), which are generally created using the same type of programming used for cryptocurrencies. In simple terms these cryptographic assets are based on blockchain technology. They cannot be exchanged or traded equivalently like other cryptographic assets but also can be, making them valueless, but people pay full bitcoins for a single satoshi with a jpeg anyways.

Like a rotten apple in the hot sun. Ants like it.

Dumpster fire🗑️🔥🚒🧑‍🚒

I’m going get rich selling pictures of rocks.

It's a badge you can sell.

Monkey lovers upload jpeg files to a centralized website.

Then they trade shitcoins that have a smart contract which points to the centralized website.

These delusional monkey lovers think this gives their jpegs scarcity.

No