• SLR

  • Anyone into NFT's and blockchain?

blaze466 That's right.

Basically one thing is all the hype around NFT what is bullshit and scam, another thing that DeFi is actually creating a layer 0 for a new economy. That's an actual science and the real deal.

I kinda get a sense where things are going, yet we have to figure it out right for SLR. Instead of programming all the tokens logic we can enjoy blockchain implementation bringing the whole thing to the next level and establishing foundation for a new economy.

Getting right people is the key

      Norep0 That's a bit ignorant on what NFT's are and mining. Mining on hardware also is not necessary and most 'coins' aren't even mined in this sense. ETH is actually a perfect example. They are moving away from hardware mining completely. But I'll leave the mining topic at that. I could write pages and pages on this 😃 (I'm a miner, 100% solar)

      Sadly, for most people crypto and NFT's = $$$, while it has much much more to offer and can bring costs and energy consumption down a lot. Only looking at what it consumes and ignoring what it would save on the other end isn't being objective about it. (Nor am I, I'm invested in it.) - It's putting a big demand on renewable energy, making the development and application grow faster + cheaper (as long silver price stay relatively low)

      Here's something for example what the porn industry can do with NFT's.:
      Reserve cam time with camgirls. When these girls work on holidays, imo they should be compensated as such. For example they can sell Valentine's tokens which would work as NFT's. They are not some stupid image nor for reselling at a profit. You can make them non-resealable. - The girls could charge more for these tokens and you get to reserve that time in advance.

      I know, there are a lot of if's and but's and questions already, that doesn't mean they can not be overcome. The funds can be locked in the smartcontract on blockchain until then so the girl can't just run off with the money. Like an escrow, but programmed 'in' the NFT's.

      There are many applications for NFT's that don't even involve the users, such as anti-piracy.
      There are pretty advance things that could be done with porn, streaming, blockchain and rewards. But even the projects I know of that are building these have still a long way to go. Distributed video encoding and peer-to-peer streaming. Such as the Theta Network.

      You could make ALL toys compatible (if the manufacturers want to) from the day they launch! 🥳

      It has a lot to offer, if you use it right. - Meaning, as tools, not get rich quick scheme. - I have tons of ideas what could be done. NONE of them are buying and selling jpegs 😃 - But I don't like to make them public.

          Rakly3 <standing ovation>

          yes, innovators haven’t even scratched the surface of what blockchain will do to improve everything. people only think about crypto scams and all the FUD those threatened by this technology are spreading. crypto currency is just the first killer app to emerge from blockchain. And Pudgy Penguins selling for 100s of $thousands amount to nothing more than pets.com style hype when the potential of the internet hadn’t fully been grasped. I too am invested, but I’ve had plenty of ah-ha moments reading every book I can find on the subject. This stuff is exciting!

            Rakly3 Sadly, for most people crypto and NFT's = $$$,

            It also means that I can't get a new graphics card for less than 1000 bucks. So yeah, fuck that shit. 😛

                doublevr

                another thing that DeFi is actually creating a layer 0 for a new economy. That's an actual science and the real deal.

                Since when did you become an expert? 😛
                The coolt thing about DeFi is that it doesn't really matter if prices go up or down. You get paid either way.

                  LordCrash

                  It also means that I can't get a new graphics card for less than 1000 bucks. So yeah, fuck that shit. 😛

                  Start a business, then it's tax deductible 😉

                  I'm not going to pretend mining has nothing to do with it, but there's much more at play. Car manufacturers not having the chips they need isn't bc of miners 🙂 Or the price of DDR5 being absolutely insane. More so than GPU's.

                      if you can find a compelling use for blockchain tech then cool. there is some potential there. most existing uses out there are not very compelling.

                        Rakly3

                        Car manufacturers not having the chips they need isn't bc of miners 🙂

                        Well somehow it is, they basically cut their orders because they expected sales to crash down because of the pandemic. In the meantime the whole semiconductor industry got fully booked and they can now not place any new orders. Of course it is not just cryptos, but they are a big part of it, and it is not just GPUs. Except for ETH which was designed to not work efficient on ASICs basically all other cryptos get mined by ASICs nowadays, and these block the capacities car manufacturers actually needed, because just like most car chips they are not produced on bleeding edge technology but on older cheaper nodes.

                        Or the price of DDR5 being absolutely insane.
                        Which has be the same everytime a new memory standard arrives, it usually takes 6-12 months for a new standard to reach reasonable prizes, of course it nowadays may take even longer.

                          Rakly3 I'm not going to pretend mining has nothing to do with it

                          Yeah I know, I wasn't fully serious about that. Still pretty pissed about the high prices though. 😉

                            Honestly guys - if you have spare money for a good investment, buy a lifetime on SLR

                            Dont believe in the hype of NFTs. All they are is digital bragging rights, except the thing you will be bragging about is your own gullibility. You might just as well get a "star with your name" or "an acre of land on the moon"

                              catflap your lifetime on SLR subscription would be an actual investment if that subscription would be an NFT.

                                  catflap All they are is digital bragging rights

                                  Maybe right now that’s all they are, but as I’ve said above the potential for what NFTs can be has not yet even been scratched. There’s a AAA FPS game under development (will be Unreal Engine 5) where purchased weapons, armor, and other in-game items will be NFTs. This means you can prove ownership of said items (until such time as a better player takes them from you) and re-sell or trade them on the marketplace, potentially for profit. As the CEO loves to say, imagine acquiring a killer weapon and being able to look back at its ownership history to find it once belonged to a prominent gamer on YouTube or Twitch, or to a major celebrity. This means not only is it possible to get sunken gaming costs back out, but skilled players will be able to make a very good living playing the game.

                                  This is just a single killer use case. Don’t be so quick to write off blockchain, crypto, and NFTs people. These things haven’t even begun to change our world, but ten years from now everything will be different.

                                      LordCrash always like your input man but inflation with 6% can also make it a good inflation hedge haha. Not to mention that if you do loose interest you can actually sell it. Will become an actual digital asset 🙂