Having Some Fun With NFTs

by

SOME FUN WITH NFTs

Both my son and grandson collect sports trading cards. I began a group text with them the other day. Here is how it went…

me: Do either of you have any of these in your collection? (I attached a link to NFTs of Rob Gronkowski on OpenSea)

son: Do you have a potato chip shaped like President Lincoln’s top hat? 

grandson: What are those? (Gronkowski NFTs)

son: It’s a fake card.

grandson: I’ll pass. I’ll stick to real cards.

son: I just took a picture of the bottom of my shoe…let’s put it up for sale.

By this time I was laughing so hard I could hardly type out my texts. I thought they needed some additional explanation. So, I sent the links to two of my NFTs, each of which has a physical “gift” associated with it…

me: Each buyer of the 100 editions of my Wall Of Sound NFT will receive a free vinyl record, etc. 

grandson: What is a record? Are those the big CDs? 

me: If you think NFTs make no sense, take a look at this. People are actually buying and selling “virtual” real estate. (I attached a link to Tiliaverse.)

son: I can sell you a few pounds of wishful thinking.

WHAT ARE NFTS?

According to Investopedia…

“Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other.”

  • NFTs are unique cryptographic tokens that exist on a blockchain and cannot be replicated.
  • NFTs can represent real-world items like artwork and real estate.
  • “Tokenizing” these real-world tangible assets makes buying, selling, and trading them more efficient while reducing the probability of fraud.
  • NFTs can also function to represent individuals’ identities, property rights, and more.

It took awhile for me to grasp the concept behind their creation. I have been reading about them and listening to YouTube videos for the past year. I thought it might be a way for me to monetize of couple of my own collectibles without actually selling them.

Usually, though, I would get bogged down in the details. That is because the process involved cryptocurrencies, a digital wallet, and a surplus of hypothetical contingencies. I was also somewhat concerned by what I considered to be a world which is appropriately characterized and defined as abstract…

/abˈstrakt,ˈabˌstrakt/
….existing in thought or as an idea but not having a physical or concrete existence. 
VOICE.COM
Then, just a few weeks ago, I stumbled onto a site which cleared the fog from my brain and showed me that ANYONE can create NFTs.
So, I did. Here is the link to my new NFT page at Voice.com.
My goals are…
1.  to broaden my exposure on the web
2.  to have some fun
3.  to sell something to someone
I am not a digital artist. I am not even an artist, nor am I a photographer. So what?
I do think there is a potential market in the NFT world for something not so esoteric or incomprehensible. Hopefully, that is something which might trigger a pleasant memory; or cause us to smile or laugh.

Kelsey Williams is the author of two books: INFLATION, WHAT IT IS, WHAT IT ISN’T, AND WHO’S RESPONSIBLE FOR IT and ALL HAIL THE FED!