Trump's digital trading cards -- I don't get it

[TlalocW]

14. They are digital files

Simplest explanation is that there is something called the Blockchain, which is used with cryptocurrency. It is essentially an immutable ledger of transactions. Then there are NFTs (stands for non-fungible tokens) which are associated with digital files, not just images. These will show who owns the digital image when it is purchased or re-sold, etc.

You could copy the image by simply taking a screenshot of your computer screen, but they won't have the token in them so if there are any investors both savvy enough to realize this and stupid enough to think Trump Cards are a good investment, they won't buy copies.

Basically, the idea was that people thought owning digital images of art would be a good investment, but it wasn't, and the market imploded several months ago. The fact that Trump thinks this is going to be cash cow shows how bad a businessman he really is. In fact, one of the best cards that he could actually make would be him with a Beanie Baby in one hand and a Dutch Tulip in the other.

Now as for whether or not NFTs are worth it overall, I could see like maybe one company gathering data for another company and selling a spreadsheet of it through the Blockchain, and the token and the date it was sold would prevent - or make the first company liable - if they sold the same data to a third company as a possible use. I'm sure there are others. Just not art.