{"id":11295,"date":"2021-04-01T16:59:00","date_gmt":"2021-04-01T23:59:00","guid":{"rendered":"https:\/\/BigJimIndustries.com\/wordpress\/?p=11295"},"modified":"2021-04-12T17:24:47","modified_gmt":"2021-04-13T00:24:47","slug":"the-invisible-nft","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2021\/04\/01\/the-invisible-nft\/","title":{"rendered":"The Invisible NFT"},"content":{"rendered":"\n<p><em><a href=\"https:\/\/www.vice.com\/en\/article\/pkdj79\/peoples-expensive-nfts-keep-vanishing-this-is-why\" target=\"_blank\" rel=\"noreferrer noopener\">from VICE<\/a><\/em><\/p>\n\n\n\n<h1 class=\"wp-block-heading\">People&#8217;s Expensive NFTs Keep Vanishing. This Is Why<\/h1>\n\n\n\n<p>\u201cThere was no history of my ever purchasing it, or ever owning it,\u201d said one confused NFT buyer. \u201cNow there\u2019s nothing. My money\u2019s gone.\u201d<\/p>\n\n\n\n<p>By\u00a0<a href=\"https:\/\/www.vice.com\/en\/contributor\/ben-munster\" target=\"_blank\" rel=\"noreferrer noopener\">Ben Munster<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/2\/24\/NFT_Icon.png\"><img decoding=\"async\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/2\/24\/NFT_Icon.png\/600px-NFT_Icon.png\" alt=\"File:NFT Icon.png\"\/><\/a><figcaption><em>Wikimedia Commons<\/em><\/figcaption><\/figure>\n\n\n\n<p>Last month, Tom Kuennen, a property manager from Ontario, coughed up $500 worth of cryptocurrency for a JPEG of an Elon Musk-themed \u201cMoon Ticket\u201d from DarpaLabs, an anonymous digital art collective. He purchased it through the marketplace OpenSea, one of the largest vendors of so-called non-fungible tokens, or NFTs, in the hopes of reselling it for a profit.&nbsp;<\/p>\n\n\n\n<p>\u201cIt\u2019s like a casino,\u201d he said in an interview. \u201cIf it goes up 100 times you resell it, if it doesn&#8217;t, well, you don\u2019t tell anyone.\u201d<\/p>\n\n\n\n<p>He never got the chance to find out. A week later, he opened up his digital \u201cwallet,\u201d where the artwork would supposedly be available, and was faced with an ominous banner reading, \u201cThis page has gone off grid. We\u2019ve got a 404 error and explored deep and wide, but we can\u2019t find the page you\u2019re looking for.\u201d\u00a0<\/p>\n\n\n\n<p>[ <a href=\"https:\/\/www.vice.com\/en\/article\/pkdj79\/peoples-expensive-nfts-keep-vanishing-this-is-why\" target=\"_blank\" rel=\"noreferrer noopener\">click to continue reading at VICE<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>from VICE People&#8217;s Expensive NFTs Keep Vanishing. This Is Why \u201cThere was no history of my ever purchasing it, or ever owning it,\u201d said one confused NFT buyer. \u201cNow there\u2019s nothing. My money\u2019s gone.\u201d By\u00a0Ben Munster Last month, Tom Kuennen, a property manager from Ontario, coughed up $500 worth of cryptocurrency for a JPEG of [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3,6],"tags":[],"class_list":["post-11295","post","type-post","status-publish","format-standard","hentry","category-culture-art","category-mirth"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=11295"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11295\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=11295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=11295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=11295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}