NFT Rant

Thoughts on NFTs and ownership.

Published January 1, 2022 ET

Anyone can use the Nyan Cat image. It's fungible. And yet, it just sold for 300 ETH (worth ~$600k) as an NFT. What is owned? Nothing unique, nothing not free. It's bragging rights. And if you REALLY think about it, just like "owning" anything else.

Nyan Cat Sells for 300 ETH