Search results
Results from the WOW.Com Content Network
Line Goes Up – The Problem With NFTs is a 2022 documentary film written and directed by Canadian YouTuber and video essayist Dan Olson on non-fungible tokens (NFTs), cryptocurrencies, and Web3. The video was published to his YouTube channel Folding Ideas on January 21, 2022.
Last month, YouTube said it was exploring what proponents call Web3 technologies such as non-fungible tokens (NFTs), which are video clips, art or other digital assets tied to the record-keeping ...
The first known "NFT", Quantum, [24] was created by Kevin McCoy and Anil Dash in May 2014. It consists of a video clip made by McCoy's wife, Jennifer. McCoy registered the video on the Namecoin blockchain and sold it to Dash for $4, during a live presentation for the Seven on Seven conferences at the New Museum in New York City.
For premium support please call: 800-290-4726 more ways to reach us more ways to reach us
Utilizing smart contracts, NFTs can automate the distribution of royalties upon secondary sales, ensuring artists obtain a predetermined percentage. [4] The embedded smart contracts within NFTs enable transparent and pre-agreed upon royalty distributions, reducing potential disputes and ensuring that original creators are compensated for subsequent sales. [5]
Washington’s state government in 2022 made NFTs subject to sales tax and other taxes, and Puerto Rico has explored the possibility, including drafting laws that treat NFTs as part of digital ...
And yes, someone actually sold an NFT for over $69 million.
I scanned through and it seems to be mostly a guy talking to the camera, which is the same format as numerous other videos. Offensivename ( talk ) 13:58, 28 November 2022 (UTC) [ reply ] While I am personally a big proponent of videos like these being referred to documentaries, reliable sources only refer to it as a video or video essay.