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"NFTs are created on Ethereum's blockchain, which is immutable, meaning it cannot be altered. No one can undo your ownership of an NFT or re-create that exact same one. They're also "permissionless," so anyone can create, buy, or sell an NFT without asking for permission. Finally, every NFT is unique, and can be viewed by anyone. "

"Once the image was in my Ethereum wallet, I didn't particularly feel like I owned it any more than the other screenshots in my Images file. But I did feel a nihilistic rush - the thrill of abstract money moving around."

"He never got the chance to find out. A week later, he opened up his digital "wallet," where the artwork would supposedly be available, and was faced with an ominous banner reading, "This page has gone off grid. We've got a 404 error and explored deep and wide, but we can't find the page you're looking for."  The artwork, which he expected to be on the page, had disappeared entirely. "There was no history of my ever purchasing it, or ever owning it," he said. "Now there's nothing. My money's gone.""

"Simon Stålenhag, the Swedish illustrator whose Tales from the Loop has become an Amazon Prime original, is one. On Wednesday, he found that one of his artworks had been turned into a "MarbleCard", a type of NFT that allows users to make and trade tokens representing web pages. "I guess we must do a daily google if we've been NFT:d from now on," he said. "Thanks Silicon Valley!""

"To conclude: this is all a long-winded way of saying the metaverse is the internet. But spatial. And built with game engines. And probably NFTs. And who knows where that takes us…"

"And lest you think we are dealing in long-term abstractions- this devastation has tangible, externalized cost; a recent study out of the University of New Mexico estimated that in 2018 every $1 of Bitcoin value was responsible for $0.49 in health and climate damages in the US, costs that are borne by those who will, for the most part, never see any return from cryptocurrency mining whatsoever."