Roth, 21, plans to repay a study loan and donate to charity for the money she earns. The buyer is the Dubai music studio 3F Music, which is expanding its collection of memes converted to NFT (non-fungible token; it can be imagined as a virtual certificate of authenticity or as a cryptocurrency, which exists in the form of a single digital coin).
The sale does not mean that collages with a four-year-old girl smiling devilishly at a burning house or other misfortunes will no longer spread on the Internet. 3F Music de facto bought nothing more than a digital equivalent of an autographed photo. The subject of the transaction is virtual, stored in the Ethereum blockchain. Thanks to this, it is practically impossible to falsify the fact that the owner of the original theme for the Disaster Girl meme is the 3F Music studio.
Take a look at the photo gallery of Disaster Girl themes:
Unless Ethereum encounters major technical difficulties, purely theoretically, the record of trade will remain in it forever. In the case of further NFT sales with Disaster Girl, Roth is entitled to a ten percent commission.
However, NFTs are not a novelty in the world of digital currencies. Their predecessors were CryptoKitties, collectible pictures and at the same time a game in the style of Tamagochi or Pokémon, also connected to the blockchain Ethereum.
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They were created four years ago. Among other things, the richer possibilities of exchanging individual tokens and the overall maturation of Etherea as a platform, which no longer serves only as an accounting book for transactions with the second most widespread cryptocurrent ether, contributed to the development of other similar projects.
However, the current wave of interest in the NFT began to rise sharply a few months ago. It may also be partly related to macroeconomic expectations.
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“It is precisely this programmed rarity that is partly behind the rise in the price of the NFT to heaven. Investors may see the same deflationary mechanisms as bitcoins, which are capped at 21 million, he explained Daniel Kuhn, author of the industry portal Coindesk.
However, some NFT owners warn that at present the time may not be the right time for a similar investment due to market overheating. Well-known youtuber Petr Mára warned at a recent conference organized by Deloitte Legal that the prices of the vast majority of NFTs are currently significantly burned. This is closely related to the fact that the entire cryptocurrency market is in a growth cycle, when even long-forgotten projects are significantly enhanced.
For more information on the practical context of the NFT and its investment potential, see the record of the Deloitte Legal conference (guests Jan Vávra, Petr Mára and David Sýkora):
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