>>53445419Non-Fungible-Token, in non-jewspeak: a coin whose value can be different from other seemingly identical coins.
If I take your 5$ bill and give you another 5$ bill, no value got exchanged: a 5$ bill is Fungible.
Now imagine if people gave a serious fuck about the serial numbers printed on those 5$ bills, to a point that it was the main decider of how much the bill is actually worth - like, serial number 00000001 bill is worth a billion, serial number 00000069 is worth half a million, and serial number 00000068 is worth just the basic 5$. Those bills would then be Non-Fungible.
NFT are crypto money designed specifically for this, because it boost speculation to a very high level (instead of having one value to speculate on, you have billions potential value, and instead of having to move the entire's market to change said value, you can pinpoint your effort on a small target).
Now outside of meme numbers no one would give much fuck, so NFT creators generally "attach" something to each number, often an illustration image. This has two effects:
1) It make each NFT easier to remember and less impersonal.
2) Morons think owning the NFT mean they also own the illustration image.
This make *any* NFT number now a potentially high value target, if the image randomly affected to it has some particular interest.
No one would want to buy and speculate on NFT#54357816, every one will fight to the death if it's attached to one of the only twelve Surfing Pikachu illustrations available.
Pokémons are scarily ideal for NFT bullshittery, due to a nice spread of really popular & niche popular mon, meaning everything will have at least a few autists fighting for it.
And you can pad the numbers easily with IV, EV, Moveset, origin's region, etc... Pretty sure you can fill the first million NFT with just randomized Charizards from Kantos and each of them would reach stupid-ass market values.
