Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by timcobb

5 hours ago

Hmm I thought the asset is the block chain entry because that's what you have the key to, that you can re-sell to someone else. It's like crypto, no?

1 comment

timcobb

Reply

uproarchat  5 hours ago

The asset is more akin to a deed or a claim. Most NFTs are images hosted on S3 or IPFS. The blockchain entry is metadata with a pointer to the hosted asset.

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities