NFT
en-ef-teenoun
What it means
A receipt proving ownership of something anyone can view, copy, and enjoy without paying.
What it actually means
You bought a link. The picture was always free.
How it is used in a sentence
"The collection sold out in four minutes and is now worth nothing."
Filed under
Digital Existentialism — Ideas that were briefly worth billions, explained by people who are briefly employed.
Bafflegab — The phrase means nothing. We are ridiculing it.
Related entries
Blockchain
Digital ExistentialismBLOK-chaynnounBafflegab
A distributed ledger that solves the problem of needing a trusted third party by requiring everyone to trust an anonymous third party.
Real meaningWe needed a reason to use the word decentralised.
Web3
Digital Existentialismweb threenounBafflegab
The internet, rebuilt by the people who own it, with the same enthusiasm as last time and none of the users.
Real meaningSame platforms, new landlord, and now you pay gas.