Non-fungible tokens (NFTs) have been around a long time. From Rare Pepes to Crypto-Kitties, they’ve been the subject of silliness in more ways than one. The latest hype around NFTs promises that artists will somehow make lots of money by selling tokens that represent some digital artwork.
Appreciate your opinion on NFTs! I agree that since it is based on Ethereum, it is bound to fail as well.
However, someone told me that it is possible to put Digital Assets on the Bitcoin blockchain using a 2nd layer he calls colored coins, I can barely understand how though, basically, linking your art on the 2nd layer.
If so, that the digital assets are "linked" on the 2nd layer of the Bitcoin blockchain, and not on an altcoin, will you approve of this concept, being able to make an art original or scarce???
I definitely appreciate your feedback! Thanks so much, Jimmy.
Appreciate your opinion on NFTs! I agree that since it is based on Ethereum, it is bound to fail as well.
However, someone told me that it is possible to put Digital Assets on the Bitcoin blockchain using a 2nd layer he calls colored coins, I can barely understand how though, basically, linking your art on the 2nd layer.
If so, that the digital assets are "linked" on the 2nd layer of the Bitcoin blockchain, and not on an altcoin, will you approve of this concept, being able to make an art original or scarce???
I definitely appreciate your feedback! Thanks so much, Jimmy.
Paulo