NFTs and the Patronage Mannequin

Saying their buy of the report final week, members of PleasrDAO stated they noticed the idea as being in keeping with the values behind non-fungible tokens (NFTs), the blockchain-based collectibles which have grow to be PleasrDAO’s bread and butter over the previous yr. NFTs are a type of cryptocurrency connected to media information – JPEG information are endlessly reproducible, due to the copy-paste perform, however the crypto element can provide them a component of shortage. There’s solely one in every of every token, and since transaction data can be found publicly on the blockchain, imposter NFTs are simple to establish.

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