“What people are buying when purchasing NFT art right now is nothing more then directions on how to access or download an image,” said Geoffrey Huntley, the nomadic Australian artist behind the site, which he calls an “educational art project.” Proponents of NFTs the one-of-a-kind, verifiable digital assets that traded on blockchain technology are innovative ways to trade digital images and allow artists to cash in on their work.īut critics argue that, at the end of the day, they’re just images on screens surrounded by a culture of “get rich quick” schemes and scamming. Paying homage to torrent site The Pirate Bay, the NFT Bay has assembled a vast collection of images of NFTs in a bid to show the absurdity of the digital art craze. That’s the message behind a new site that has made thousands of non-fungible tokens - or NFTs - available to download for free. Why shell out hundreds of thousands of dollars for a digital image when you can just download it for free? ‘Tiger King’ producers taking on Bored Ape Yacht Club? NFT.NYC events head to dive bars, apartment buildings as crypto crashes Trump’s financial disclosures show millions earned from speaking engagements and NFTs Trump returns to Instagram to market his NFT trading cards
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