Not too many things are as devilish as self-confidence, and I’d like to think that the Devil’s new NFT project reflects high self-esteem and not arrogance. You can imagine the tickling effect of digitising one’s face to put out there for others to consider purchasing it.
I don’t mind, really, it’s been quite a ride so far, and though the project is new, it seems promising.
But what are NFTs? Admittedly, I didn’t care much for the term until only days ago when I decided to investigate the reason for the vigour many are putting behind it.
And I’m not exaggerating; the Internet world is going crazy over an initialism that remains cryptic even after being explained.
N.F.T stands for Non-fungible Token. And here, the word fungible is as important as it is obscure.
The Dictionary defines fungible as “of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable.”
Basically, it points to something tradable for something of equal value. This is to say that if something is non-fungible, it cannot be traded because of its unique value. You can only exchange it for money, and in the case of NFTs, only cryptocurrency.
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NFTs are digital goods that you can buy with crypto coins. And the concept of uniqueness seems negated by the fact that you can copy digital art for free. But those crazy smart people who invent Internet revolutions have figured out a way around it. It has something to do with the code embedded in the digital product when it’s minted.
Here is a good article about it. I’m here to brag about my good looks, not give you a lesson on blockchain ledgers and networks.
So, did I digitise my human face and put together some terrific pieces with the help of a very creative young human? Yes, yes, I did. And I don’t regret it.
It’s been fun.
Here are some of the lovely masterpieces we have so far. We’re not sure if we will mint any of these, but look how good I look.
The Devil’s New NFT Project
Here are some more that I’ll likely keep in my private collection.
Thank you for reading. As I promised on Twitter, I will give some NFTs to people who help me with the creative process.
— The Devil Unbound