If you're reading this blog, then chances are you've at least seen an NFT before. However, if you haven't, fear not! In this post I will lead you through my guide on how to spot an NFT.
Typically, image NFTs are mass produced randomly generated digital art. Because of this, there are groups of NFTs that look very similar to other NFTs within the group. One way of picturing this is like different animal species (it also helps that the most common NFTs are digital drawings of animals). Some examples of these NFT species' are the Bored Apes, which are pictures of chimpanzees in different colours and outfits, and Lazy Lions, which are the same in every way to the Apes, rather instead of a chimpanzee it is, you guessed it, a lion.
Now, one of the more interesting thins about these image NFTs is that, when you buy one, you aren't buying the image. Rather, you are buying a digital receipt containing a unique link to the picture. This means that anyone can save and download a copy of the NFT, but you still have the original (Kind of like how you can go to a museum gift shop and buy a poster of the Mona Lisa. You don't own the actual thing, but it looks identical and it costs next to nothing compared to the original.) Because of this, I am able to go and find various examples of NFTs, save them, and show the examples here. As you can see, the Apes and Lions base shape is the same, with the clothes simply layered over. (The first, with the captains hat, belongs to late night talkshow host Jimmy Fallon)
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