Anyone into NFT's and blockchain?

tino

blaze466
This might help to understand a little bit more
https://www.leewayhertz.com/create-dynamic-nfts-chainlink-oracles/

tino

blaze466
And also you can't decide on how the image on your dollar looks like 😉
Artists, illustrators and designers are crazy about getting their work on postage stamps,..... The concept is quite similar sincerely. Just, NFTs are so much more accessible for wider creators public and can be linked to different media files, also interactive. I think it's a great tool that was unfortunately abused by human greed in many cases.

spacepirate

blaze466 no compelling use for nfts there

spacepirate

blaze466 im not anti-nft. im anti-using-nfts-for-pointless-shit.

tino

https://www.wearemillions.online/
This will be one of nft themed future events, register for free and get a nft ticket..

tino

https://www.wearemillions.online/
This will be one of nft themed future events, register for free and get a nft ticket..

tino

blaze466
Some potential uses, yes, almost everything doable,...
You answered your question about difference with fiat.
When someone sees a depth of application like this, then the imagination kicks in. I see potential in NFTs exactly because of these unlimited combination of uses and functions.
I'm not saying it's all good, it might as well all go to shit, but we are in the pioniring era, and now is the best time to invent things and try them out...

catflap

argyle43 I thought of this NFT conversation when I read this article - basically some idiot payed millions for the "first tweet" and when he tried to auction it, the highest bid he got was $3,600

https://www.yahoo.com/news/guy-buys-nft-2-9-005000804.html

argyle43

catflap yes, and I think this use case for NFTs makes as much sense as any art valuations do. Total head scratcher. And I said exactly that in this post further up:

argyle43 The biggest problem with NFTs is that most people seem to think they are limited to this bullshit:

…

But the use cases for NFTs will extend well beyond this stupidity. That has been my point all along. I’m pretty sure I provided some articles and links fleshing that out more.

Edit: I read the article and don’t feel the least bit sorry for that fool. Like Crypto, NFTs are simply a useful application of blockchain technology. Once digital ID’s, medical records, real estate contracts, etc. start utilizing blockchain via NFTs to certify their authenticity, the useful use cases will become clearer to the public. This pets.com style nonsense will become a distant memory as did all that initial Internet bubble hype.

doublevr

Just my latest on NFTs

Everything we do is created for as many people as possible. Perfectly we would like every person on Earth to use things that we do.
Normally our users are so enlightened I would expect them requesting NFTs. Currently we never received any NFT requests other than from NFT people unlike crypto payment that is actually used a lot. It’s also true that our users were pessimistic once I’ve introduced our ongoing exploration of NFTs.

Right now NFT is seen as a tool creating scarcity.
There’s way deeper discussion if things like money or luxury brands like LV are intended for everyone who can figure it out, or they are designed for a limited group of people. Personally I think things like LV should not even exist, yet I admit it’s there for a reason.

It’s also great to see that our understanding is maturing and we as a team have a greater impact on the global world than ever.

Potentially creators can have their NFTs on our platform and it will be a token of loyalty from our users. I guess it has good chances substituting likes when you NFT instead of liking 🤔 So creators and performers can have their NFTs which would have a value

doublevr

We are thinking of tokenization of SLR, especially once we add more haptics and multiuser features (shared viewing in VR, jerking each other, etc). Also we should start giving performers a share unrelated to their production payments.

doublevr

It’s about time to make it official

I can’t see a way to make use of NFTs. It simply doesn’t stick. There are plenty of concepts around it, but I was not able to discover any of those suitable for a sustainable economy.

Even all the propelled crypto stuff turned out to be only another payment option for those already in crypto. Yet again crypto is far from being a world changing tool like it was heavily promoted, though it worked great for a bunch of people that made a great fortune by selling it to greater fools at higher price. Most of the many people I know that were early pioneers got out of crypto for the sake of being fiat rich. And NFTs are nowhere near to what crypto is.

All the cool idea we have could be implemented without use of blockchain or NFTs.

uselinux

All the cool idea we have could be implemented without use of blockchain or NFTs.

Yes. Your business centers around gating content. Protecting copyright of content. Creating user features.
That doesn't fit well in an open, free, transparent, and decentralized scope of tooling.
There are aspects you could make decentralized and all it would lead to is other companies leveraging it to make more money without giving anything back.

Trying to leverage something decentralized by highlighting the centralized ways it can be made use of isn't the way.

We'll see a decentralized onlyfans/amateur highlighting possibilities before any profit-geared company jumps on the band wagon. Companies just aren't on board with a collective user base. Everything is geared towards sniping users over to their own service to gain the maximum profit per person that consumes their content.

I'm not saying that is bad. It just is what it is.

doublevr

Also remember all the ICOs madness some years ago. Nothing should stop me now from calling it an uttergarbage and a cashgrab scheme for those in it. Not a single value based product came from there.

argyle43

doublevr so you see no current use case to implement an NFT solution on the site for the time being (or maybe ever). Fine, and I’m sure that decision will get a lot of support from those that blasted the concept of NFTs here in the first place. All that said, just because the current bear market is exposing the numerous scams that have arisen over the last 18 months (including the monkey pic NFT nonsense) I think it’s a mistake to write off all of crypto, blockchain technology, and what will prove to be genuine utility from NFTs once all the bullshit has been washed away and the legitimate projects are left standing and stronger than ever. I’d still stay tuned to this space. We’ve seen all of this before and the technology and opportunity remains quite real.

doublevr

uselinux If there's a way for decentralization I would do it first thing tomorrow. Just tell me what we have to do.

uselinux

doublevr I'll put something together beyond rambled typing to think on. Will take a bit.

Grigorii

Here, for example, are the NFT problems that affect artists. Anyone can link an NFT token to any picture without proof of true authorship. Sites do not respond to complaints from authors who have had their content stolen. Artists sometimes have to go to extreme measures and close their galleries. Low earnings for newbies and one-size-fits-all works of low quality. And fraudulent schemes: how the author of Evolved Apes disappeared with $ 2.7 million and other stories. And also other NFT problems like money laundering, traders making money on NFT loans, NFT transactions harming nature and bringing us closer to global warming, etc.

argyle43

Grigorii NFTs are more than art. But most people seem to see the blockchain application as nothing more than this because those are the stories that have gotten the most online clicks. Why? Because people have been trying all this time to get their heads around why on earth someone would ever pay $24M for a jpg image my five year old could have created in 3 minutes using Microsoft Paint!

CryptoPunk #5822 was just sold for roughly $24 million in Ethereum, thus dwarfing the previous record for such NFT.

Every major new technology over the last 200 years has had its growing pains, horror stories, and detractors. Blockchain is no different, but the technology is here to stay, and NFTs will re-emerge once it gets past its unfortunate reputation as being nothing more than a digital art fad.

10 Practical NFT Use Cases Beyond Digital Artworks

doublevr

argyle43 Congrats, that was a spam bot

argyle43

doublevr that was a spam bot

What was a spam bot? Afraid you lost me there sir.

Later: oh the post I replied to. Well that was a strange thing for a spam bot to have posted. It was all about the pitfalls of NFTs as digital art. Would never have guessed that was from a bot.

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