The Liverpool FC Forum > Liverpool FC Forum
Andy Robertson (Andrew Henry Robertson MBE)
number 168:
--- Quote from: Ghost Town on January 31, 2022, 03:54:41 pm ---They're essentially digital collectables. Unlike other digital images they have an authenticiy built in, which is based on a similar system to cryptocurrency, so that even though an NFT is digital it is unique and can thus retain its value (assuming the bubble doesn't burst and these things don't become worthless).
It's all part of the current experimentation with imbuing unique, non-fungible worth to digital data.
--- End quote ---
They are also inextricably linked to crypto currencies which demand huge amounts of power to generate and thus add substantially to greenhouse emisions.
emitime:
--- Quote from: Ghost Town on January 31, 2022, 03:54:41 pm ---They're essentially digital collectables. Unlike other digital images they have an authenticiy built in, which is based on a similar system to cryptocurrency, so that even though an NFT is digital it is unique and can thus retain its value (assuming the bubble doesn't burst and these things don't become worthless).
It's all part of the current experimentation with imbuing unique, non-fungible worth to digital data.
--- End quote ---
They're not actually unique digital images though. They're 'unique' digital receipts to say you've bought the image. You can copy the actual image all you want. Or you could even make a different receipt to say you bought that same image.
And if that makes it sound like you're buying something with absolutely no value whatsoever, then you are correct.
redk84:
i miss when we didn't know much about footballers and their non-football lives
wige:
Yeah, still not too sure what the problem is here. He's promoting his own NFTs... so... what's the issue?
That he profits from it? Nearly every single one of our players is promoting various things either for, with or separate to the club. Robbo in particular has been brilliant in championing foodbanks etc and supporting community projects. So the money from this could fund that?
That it's an impact to the environment? Well as long as the people knocking him for that have gone vegan, ditched their car for public transport, aren't buying un-necessary clothes or par-taking in any of the countless industries that have big effects as well.
reddebs:
I've still no idea what they are as in what's the point?
Is it a picture?
What is it for?
What does it do?
Why would you want it?
Is it one of these influencer things, where a nobody tells another nobody they should have it and then everyone has one?
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