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Non fungible token in a nutshell
(beehaw.org)
If you buy this, you are scammed.
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this post was submitted on 31 Jul 2023
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We already have that without adding a completely useless layer of complexity. You've been able to look up property records online for decades. NFTs would add zero value to that system, and as you've correctly pointed out, have serious dowsides including lost, hacked, or stolen tokens.