How I Turned My 4-Year-Old’s Art Into an NFT: Ethereum Blockchain Explained | WSJ

Terms like “nonfungible token,” “crypto wallet,” “minting,” and more sound like a foreign language to you? To better understand it—and explain it—WSJ’s Joanna Stern turned her son’s art into an NFT on the Ethereum blockchain.

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#NFT #Ethereum #JoannaStern

[bendavis]

Very accurate. Because most NFT "art" looks like a 4 year old did it.

[Rinzorinz]

‘Not everything that is unique is valuable’
- Rinzo

[deadlycucumber]

If you’re confused, the last 9 seconds of the video pretty much sums up what NFTs are

[Cwirpc]

That kid is going places.
And he very accurately explained what 99% of the NFT's minted today are.

[adamcfmacdonald]

Honest question: what’s wrong with a copy? Why do I need an original?

[AkashSingh-ukub]

As soon as humans have enough abundance to have their basics need met food, shelter, warmth etc, the next frontier is to create value in things that have no inherent value.The value turns into a psychological hype and excitement around a certain thing.That's what have been art paintings and now nft's.

[isaiasabinadisosagarcia]

That 100 dollar fee is what makes NFTs a big no-no for me. I'll just wait till all the rich people have "strengthened the network" enough for that fee to go down.

[edwinbrace]

Anything Joanna Stern makes is pure GOLD ! This was entertaining yet informative

[LayTingThoong]

I will follow your news pieces from now on. Funny and informative at the same time. And superbly creative

[Rekkless]

"N F T"
"what's it mean"
"Boop"

I couldn't have explained it better myself.

[yunhuixie]

"I spent 150 us dollars on uploading my son's doodle to the internet" cool, good to know

[unskeptable]

What stops someone to download the picture and upload it from his wallet ?

[TheAlexwilhelm]

Love how nobody read the fine print on the NBA one and on the majority of the cards they can just issue new ones

[mikenaw]

I can't wait to commodify my kids imagination

[luizbattistel]

Right but what keeps anyone from creating a screenshot of the masterpiece rainbow unicorn and minting it into the blockchain?

[FinancialShinanigan]

I like this bubble that keeps growing.
Will be fun to see the devastations the crash will bring.

[judywong]

Do you mind to show me how to turn the drawings or craft into digital? Thank you so much ☺️

[uberness]

New title - how to monitize my children

[ivoryfritzsemana]

As an art enthusiast, knowing NFT exist gives me hope that I can make money by doing art. And I bumped to one of the best NFT project- The Pop Cult. They got insanely good arts and if youre an artist they might consider your artworks.

[esthetic]

What even is the point of this, what's stopping me from screenshotting it? It's not like there's a watermark or smth to prevent me from doing so??