Remember NFTs?
Remember NFTs?
NFTs didn’t go anywhere
Memecoins are literally a form of NFT, you’re buying a share of the art, which the world is putting a dollar value on.
Art = NFT
Meme = Art
Therefore memecoin = NFT
In 7 years Anon Babble will say
remember crypto
While those posting 300+ ounces of silver will be displaying generational wealth.
OpenSea r*ddit is a wasteland. All the NFT fags on discord or what? I can't find that shit.
Nobody buys memecoins for the art and the way memecoins function on a technical level is also completely different you absolute fucking retard
The monkey pictures? That sure was a weird craze.
silver is good but 8 kilos of silver will never be 'generational wealth'.
your human radar is off but you're entitled to your nigger opinion
I don't understand why you're being so abrasive. Selling the receipts to cartoon monkeys was weird already but imagining it as some sort of investment vehicle was retarded.
It was a new craze normies fell into not understanding the actual benefits
NFTs as you called them, are receipts. They hold a lot of value for contractors, for proofs of purchase, they could even innovate collectible card games and seeing how pokemon scalpers are a thing, that's enough
However your typical asshat doesn't consider those possibilities. He just expects to buy monkey pics, than resell them later on a profit. Like they literally set themselves up for the pyramid scheme and wonder why they got rug pulled
calling someone a monkey
gee willikers how come you Sir being so abrasive
pretending something has more value than it is bad you say? What a profound construct. I'm 50/50 on you being AI desu
anyway I made this thread to fish for ANY community that has taste in NFTs where I can chill out for a bit. Any rough pointers in a general direction? Would appreciate it.
They were always an extremely retarded idea. It was the contribution from "creatives" to the crypto world, that is to say useless.
It's not a matter of if, but when.
I didn't call anyone a monkey. Please take your meds.
you're not judging the idea but it's implementation and interpretation of the lowest common denominator. All NFT means is an item on the blockchain. If world does go web3 then the tracking of the values of assets would be done in a way similar if not identical to what NFT already is. People that over-hype it before its time or do it in a retarded or scammy way made it look like it does right now.
Ok I'm actually retarded that's cool. You were talking about the bored gapes. I thought you were talking about black people.
Linking the physical world and the digital world is not possible in a decentralized way. Someone has to enforce the ownership with physical force, they become the centralizing factor in the ownership claim.
Since digital information is not subject to scarcity (you can copy it for almost zero cost), introducing scarcity to digital goods is extremely jewish (like digital copyright). There is no reason to do that, other than for "artists" to continue to pretend their business model is still reasonable.
Owning an nft of a jpeg is like having a marriage certificate and everyone fucks your wife
everyone might fuck her, but she's yours it says so on the blockchain!
I didn't say the blockchain record is meant to enforce the claim. It's just a way to prevent manipulation of the records by someone who achieved some kind of access, like a hacker or a rogue employee who modified the records. And about introducing scarcity - hard to say something about something so extreme. I mean, if AGI exists anything digital has no value but as far as I know making good software or good content still requires skill and this skill should be rewarded somehow don't you think?
you can have a platform that will not allow you to fuck said wife on that platform and then people who fuck your wife have to go into a dark alley (web2) to do that.
Wait, I haven't made it better...
It's just a way to prevent manipulation of the records by someone who achieved some kind of access, like a hacker or a rogue employee who modified the records.
There are a billion ways to do this more efficiently than with a globally distributed, decentralized blockchain. A permissioned blockchain would even be a slight improvement, the decentralization gives you nothing but at huge cost to operate.
as far as I know making good software or good content still requires skill and this skill should be rewarded somehow don't you think?
Yes, which is why their business models must adapt to the changing world. For example, instead of creating something once then living off the royalties for decades through artificial scarcity, a model (already in use!) where you get paid to create and release something by the people who stand most to gain from it would be much more reasonable and require far fewer imaginary concepts in law ("intellectual property").
There are a billion ways to do this more efficiently than with a globally distributed, decentralized blockchain. A permissioned blockchain would even be a slight improvement, the decentralization gives you nothing but at huge cost to operate.
permissioned blockchain is still a blockchain just with additional secrecy or authorization. How is this meant to go against what I was saying? I get it but NFT is still an NFT even in a closed blockchain. But I get what you're saying. To that I can say that sometimes you want to track ownership of something where you need this information to be verifiable publicly. Like the way public funds are being directed. Basically having the open books on the blockchain to track public funds usage.
The model where you 'just pay' the talented people to 'make more stuff' sounds good initially, maybe it is good, but when you don't try to get what you deserve in this life people in general are OK with exploiting you. Like people would pay but far less for the same amount of talent. Maybe if we're in post-singularity then it would be enough but now it's very competitive.
globally distributed, decentralized blockchain
it doesn't have to be as inefficient as bitcoin or eth. People cling to L0s too much. Vitalik deserves to be a billionaire but you can make a better web3 if you drop eth because it's a steam engine of blockchains and when it transitioned to PoS it became obvious, for me at least, that the things ain't that good.
NFTs didn’t go anywhere
Holy cope.
I never learned how they worked.
You are literally wrong about everything. Impressive.
How Nigger Faggot Token work: grifters hire celebrities to shill some garbage “art”, then zoomers got grifted into bag holding the worthless pictures.
I know these will not increase in price, but I like them and I bought too many of them. I love my Chads
Let's just say I'd like to have a calm conversation with the BLES boxes team...
5B marketcap seethe and dilate
70 total sales
LMAO totally illiquid dogshit
You are way overthinking this, it's just a way to bootstrap a market. Have something to sell? Mint an NFT of it, owner of NFT can send it to you for the item. You can still freeze or reissue it a la USDC if there are any necessary real life discrepancies.
The stock market fucking sucks dick at the moment. Trading restrictions, 9:30am-5pm trading hours 5 days a week, identity regulation out the ass. You can use defi to tokenize stocks without reinventing the infrastructure.
I do agree intellectual property should be abolished and is severely holding humanity back. Imagine if people had to use lead paint because IP for unleaded paint prohibited any alternative. You are literally doing that on a microscale for every other problem humanity faces. I don't give a fuck if it took someone billions of dollars or their entire life to develop a lead-free paint, you are crippling humanity by imprisoning those who utilize the knowledge or making them invent an alternative.
I bought 1nft for 10£ on OpenSea, though desu the only people bidding are 100% bots at this point lmao
I mean, I can just download the image if I want it. I can't do that with shitcoins.
This. There was a fundamental misunderstand of the technology. It was a decentralized certificate of purchase and authenticity that was functional. Ironically the art community rallied against it for "stealing" their art when the entire purpose of the technology is to verify the right of ownership. I would have loved if games like battleforge implemented nfts, because everything I spent on the game disappeared the second they turned off their servers. Unfortunately it was paired with get-rich-quick collectibles, and I assume negative propaganda by those who's entire jobs are to handle ownership transfers. (Imagine if title companies' entire industry just vanished because deeds became decentralized)
you're buying not the image, you're buying the right to claim ownership and the right to use it legally. (later part can be done without nft but it goes well together). NFT images do have an inherent funny about them because of the cheeky 'save as...' hack. But the pixels weren't the point. Can you tell I minted some NFTs earlier today saar?
I remember people thinking they're so fucking smart for buying this scam knowing it's scam but it's a winning scam. well that didn't work out so well did it.
rationality won for once in this clown market.
how did rationality win?
the CHEAPEST ugly cartoon ape jpeg still goes for more than 30 thousand fucking dollars
I feel like if you be a tryhard in nft you won't make it, you have to be conceptually sloppy and ironic on purpose to get the NFT whales that probably got brain damage from getting so much dopamine from ape pictures
Look at the trading volume:
Tens of thousands of these dogshit jpegs and no one’s buying them
a day full of shilling is a good day, after such day you may lie in bed and feel astute and calm knowing it hasn't been for nothing. Good night sers
cope
someone sold an ugly ape jpeg for 18.85 ETH just today. if an ugly ape jpeg owner wants to sell his jpeg right this moment he can sell it for around 12 ETH just by accepting the current active bid in a second
so how did rationality win exactly?