I don't know a ton about NFTs. Someone enlighten me?
I think the basic gist of the idea is that people are creating and selling one-of-a-kind goods. Digital goods. So I can create an album, an image, a video, whatever, and attach it to some sort of proof that it's the original. Then I can sell the original to some buyer, who might resell it or hold onto it.
Unlike other digital stuff, even if lots of people copy a non-fungible token (NFT), the owner can still prove they have the original.
And this all works via Ethereum, which I suppose is creating some sort of unique ID or address or something that represents each NFT.
If this is the gist of it, I feel a bit… unimpressed?
It's already possible to put a unique row in a database, and lock down access to it. For example I have @csallen on Twitter, and nobody else can have it. This has worked well for years. Hell, I even sold my one-of-a-kind World of Warcraft character in 2006.
What am I missing?