Topic
NFTs
An NFT is a token that points at something, often a picture. You can own the token and still not own the picture. The market is a website that takes a fee.
- 01Who gets paidThe marketplace, the minter, and a royalty if the market still pays one.
- 02Who can change the rulesThe market can turn royalties off. The file the token points at can move.
- 03Who can stop the moneyA delisting, or an approval you signed without reading what it can move.
Courses
32 · 3 min
NFTs
An NFT is a record that says a particular token id points at some data, often a picture or a membership. You own the token. You may not own the picture.
33 · 2 min
NFT markets
NFT markets are websites that list tokens and take a fee. Volume can be painted. Royalties can be switched off. The market is a company plus a contract.
This page does not tell you what to buy. Not financial advice.