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What Is an NFT? Ten Beliefs, and What the Standard Actually Says
A non-fungible token is a numbered entry in a contract whose standard defines how it moves and what it may point to; the art, the ticket and the domain name are uses of that structure rather than properties of it. Ten common beliefs checked against the standard, from the picture being on chain to the copyright transferring with the sale.- 2
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Two Sentences, Zero Noes: Reading California’s Memecoin Ban as a Specification
AB 2409 adds one chapter with two sections. Its central definition turns on how a token is marketed, and its only lever is a borrowed federal term written to let protocols, validators and liquidity pools go.- 27
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