n7gifmdn@lemmy.ca to Microblog Memes@lemmy.worldEnglish · 6 days agoInternet picture of a monkeysopuli.xyzimagemessage-square9fedilinkarrow-up1430arrow-down19file-textcross-posted to: memes@sopuli.xyz
arrow-up1421arrow-down1imageInternet picture of a monkeysopuli.xyzn7gifmdn@lemmy.ca to Microblog Memes@lemmy.worldEnglish · 6 days agomessage-square9fedilinkfile-textcross-posted to: memes@sopuli.xyz
minus-squareAnivia@feddit.orglinkfedilinkEnglisharrow-up11·6 days agoThat’s technically not true for all NFTs, it’s possible for the data (in this case a monkey jpg) to be stored on-chain. And just to be clear, I’m not saying this to defend NFTs
minus-squaredual_sport_dork 🐧🗡️@lemmy.worldlinkfedilinkEnglisharrow-up4·6 days agoIt can be, but IIRC in the case of the Bored Ape Yacht Club ones it wasn’t. I think. Maybe someone who was smart enough to buy one can chime in and let us know the mechanics.
That’s technically not true for all NFTs, it’s possible for the data (in this case a monkey jpg) to be stored on-chain.
And just to be clear, I’m not saying this to defend NFTs
It can be, but IIRC in the case of the Bored Ape Yacht Club ones it wasn’t. I think.
Maybe someone who was smart enough to buy one can chime in and let us know the mechanics.