#week-09

This is a response to the first question posed by @generalfritz14 which covers NFT value as time proceeds.

Image Source NFTs could be the most bizarre things produced in the last few years; I have heard them explained in so many ways, yet I feel that I still barely understand what they are and how they work.

In their guest lecture for the Oklahoma State University Free Enterprise Society, Drs. Quinn and Jonathon Button explained non-fungible tokens and the use/value of this digital art. The two compared NFTs

Week 09 Reflection

Many crypto-enthusiasts claim that NFTs will "democratize the art and music industries." What does that mean? Do you agree or disagree with that sentiment? Give some specific real-world or

Image Source When considering the implications of NFTs upon the music and art industry, many new ideas come to mind. As the speakers stated, many new music and art outlets have been introduced and greatly

Week 09 question response

Image Source This post is in response to the question "As we saw, brands like Nike and Coach are already getting in on this opportunity. How quickly do you think other brands will take advantage of

Image Source @generalfritz14 asked, "Are high NFT sales in the 6 or 7 figures just another form of money laundering, or are they actually worth that amount?!" When I was first introduced to the

This post is in response to the question "NFTs were first made in 2015, but it took until 2021 for them to gain popularity, why is this?" In my opinion, I believe there are several main reasons

@hattiehughs14 posed the question "What are the most popular NFTs and why are they better than others?" Some of the more popular NFTs today are generally from certain collections. Celebrities

from Tenor.com from user Biren_2008 @generalfritz14 Are high NFT sales in the 6 or 7 figures just another form of money laundering, or are they actually worth that amount?! When you think of NFTs what

This post is a response to the question ["What makes NFTs more appealing and valuable to people?"] ( posed by @awetsell. To me, I feel that one of the appeal factors that NFTs offer people is

What potential do you feel NFTs and the Metaverse have to ultimately take over the way society works? Do you feel like that is plausible? Do you feel that we are headed in that direction? How secure is

If you had to explain NFTs to an elementary schooler, how would you? In terms of NFTs, which industry (i.e. fashion, sports, etc.) do you think will be most affected, and why? Why do you think it is important

Do you think that NFTs are going to become as profitable as other things we have seen (such as Bitcoin and Tesla)? If you were to invest into an NFT, what would you choose and what would you think would

Image Source Will NFT's maintain their value over the next 20 years, or will be they be a fad like tulips, beanie babies, or baseball cards? How does an NFT appreciate in value? Are high NFT sales in the

This post poses the questions: What should be a NFT?, How will blockchains be affected by NFTs?, Are trade marks NFTs?

This post is a response to the question "Is it as simple as copying and pasting or is there more to NFTs? Is the buying and selling of NFTs a viable job option? Why or why not?" made by

Week 09 questions about NFT's