Comment on What happened to NFTs and what where they in retro spec?
neidu4@piefed.social 5 hours ago
NFTs, like block blockchain in general, are public write-only databases. The only difference is that NFTs also contains references to things such as media (pictures).
They’re still around, but like all other fads that are poorly camouflaged pondicherry schemes, they’re practically worthless.
An NFT doesn’t dictate ownership, neither de jure nor se facto.
While I find the concept of public write-only databases interesting feom a technological standpoint, an actual use case has yet to be discovered.