• Underwaterbob@lemm.ee
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    3 days ago

    When they were first blowing up, I thought sure, I’ll turn a couple old unreleased tracks of mine into NFTs. I signed up to some site I forget the name of, uploaded the tracks, and then then found out I had to pay something like $500 a track to turn them into NFTs. It was a pretty duh moment for me. Of course the content doesn’t mean shit, it’s just the money. I never paid them a dime and deleted my stuff.

    • kadup@lemmy.world
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      2 days ago

      When I first heard of NFTs I thought the media was encoded within the blockchain - in that case sure, I wouldn’t necessarily buy one but I understand how that’d be interesting.

      Ten minutes later when I was told they are just proof of purchase that points to a URL hosting your monkey image somewhere, I knew they were a total scam