As best as I understand things, an NFT - "non-fungible token", is a string put into the blockchain.
Art NFTs are URL strings which point to the JPEG (or whatever).
The URL might break - what you really "own" is the string. Actually putting the JPEG picture into the blockchain is very expensive because of the size.
I thought … why not put words or phrases into the blockchain? Then you own that actual string.
My first choice for a word: supercalifragilisticexpialidocious .
Ideally Disney issues the NFT for supercalifragilisticexpialidocious so it has a valuable origin. (Anyone can issue a token for a word, but the whole point is to own the "official" token issued by the IP owner; as far as I can tell [I am not a lawyer] there is no trademark on supercalifragilisticexpialidocious.) Fans would love it! Supercalifragilisticexpialidocious has the benefit of being unique in Disney lore and instantly recognizable, so it's a good one to start with. Other obvious choices would be "hakuna matata" and "The code is more what you’d call ‘guidelines’ than actual rules."
I thought this ideas was genius, and I hope someone at Disney agrees. So far all of the computer savvy people I've bounced this off were unimpressed.
But maybe they just aren't Disney fans.
