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re: Remember when NFTs were all the rage, especially those stupid Ape ones?
Posted on 11/17/22 at 10:22 am to SlowFlowPro
Posted on 11/17/22 at 10:22 am to SlowFlowPro
quote:
I already joked earlier this year I was going to start creating NFTs out of my posts
lol the rant would be all about it
i would be curious to know the nft market value for the thread where honey badgers nickname was coined.
eta, link to thread: LINK /
This post was edited on 11/17/22 at 10:25 am
1
Posted on 11/17/22 at 10:25 am to SlowFlowPro
quote:
I mean proof of ownership does have some value, but if that's the sole determination of an asset's value, the question remains: why does the actual asset have value?
The concept is definitely backwards. With NFTs the asset has no value, the chain of custody and proof of concept is what’s valuable.
NFT is effectively the real world equivalent to provenance. The jpg reference is perfect. Until the NFT includes all copyrights, it seems really silly hearing people trying to distinguish between the significance of the NFT over a copy/paste jpg.
If the bottom of NFTs doesn’t fall out in the current iteration, the next stage will be rights holders reissuing the most valuable NFTs and just changing the sizes/aspect ratios to continue to ensure they’re still one of a kind.
The current system basically looks like the love baby of Topps and Electronic Arts
Posted on 11/17/22 at 10:25 am to SlowFlowPro
quote:
You said they decided to index it to ETH but that still doesn't actually answer the question
Just realized, it was you I responded to originally. I guess you didn't like that response so you keep asking
LINK
Posted on 11/17/22 at 10:25 am to SlowFlowPro
quote:
Lou Pai only got his hundreds of millions b/c his wife divorced him.
Such an all-time coincidence
Posted on 11/17/22 at 10:30 am to Damone
First NFTs...
Posted on 11/17/22 at 10:31 am to rocket31
quote:
yeah people like elite group memberships, material possesions, and "being cool"
Generally, it's likely this takes a huge hit during the impending recession.
All of these niche areas of discernment will be popular during the 0% interest/affluent times, but they will take a huge hit during stagflation.
Posted on 11/17/22 at 10:31 am to rocket31
quote:
i would be curious to know the nft market value for the thread where honey badgers nickname was coined.
OR the guy who created the "time to go mobile" joke. I believe Carson did a history of that a while back
Posted on 11/17/22 at 10:33 am to Damone
quote:
Such an all-time coincidence
Worst day of your life, losing half your fortune, quickly becomes the best day of your life, as you get to keep half your fortune while your friends all lose it all.
Posted on 11/17/22 at 10:34 am to SlowFlowPro
And he kept the stripper
Posted on 11/17/22 at 10:40 am to Damone
Last I saw they're still together. His marriage to a stripper lasted longer than the NFT era by an exponential amount.
Posted on 11/17/22 at 11:01 am to Fun Bunch
They seemed dumb from the beginning
Posted on 11/17/22 at 11:56 am to Korkstand
quote:
IMO NFT art doesn't have much value, I'm talking about the utility of NFT's in general.
I’m in this camp. NFTs have a value proposition of being able an easily transferrable, easily verifiable, and nearly impossible to falsify certificate of authenticity/ownership.
I’ve seen theorized some use cases for such a technology to verify to the common man if an image or video is authentic, and therefore it could potentially be a defense against deepfakes.
Posted on 11/17/22 at 11:57 am to Fun Bunch
A fool and his money are soon parted. NFTs illustrated this perfectly.
Posted on 11/17/22 at 11:58 am to Ross
quote:
I’ve seen theorized some use cases for such a technology to verify to the common man if an image or video is authentic, and therefore it could potentially be a defense against deepfakes.
Yeah if there is some tech in the NFT verification, that's one thing. Kind of lick blockchain from crypto.
Like it could be used for votes, for example.
This post was edited on 11/17/22 at 11:59 am
Posted on 11/17/22 at 12:22 pm to OweO
quote:
Jones will be here in a little while to tell us why this isn't as dumb of an investment as it seems like.
Jones made a killing on nfts.
He knows more about that space than almost all of us.
Posted on 11/17/22 at 1:17 pm to Fun Bunch
Posted on 11/17/22 at 3:35 pm to Cosmo
quote:
Who is gonna pay 74000 for that?
Beiber?
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