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MetaMask now has over 8M users

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Re: MetaMask now has over 8M users

#31

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

I tried to sell some AI-generated cat pictures and it didn't work. Nobody wanted to pay for it.

I think some element of it is a famous person doing it, so the spending is associated with the person, not the URL to the art.

Which basically means, if you're famous, you can get some free money from idiots.

Re: MetaMask now has over 8M users

#32

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

What rights do you get if you buy a painting? Can you enforce any rights you give yourself after buying a painting?

Re: MetaMask now has over 8M users

#33
post #31

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

I tried to sell some AI-generated cat pictures and it didn't work. Nobody wanted to pay for it. I think some element of it is a famous person doing it, so the spending is associated with the person, not the URL to the art. Which basically means, if you're famous, you can get some free money from idiots.

You need to create customers and wide appeal first. Cryptopunks were free at the start, so were cryptokitties. Lootproject just launched and anyone could mint a free loot bag and the floor is now 10 ETH. Beeple NFTs were dirt cheap. Pixel portraits were dirt cheap. Maybe you set your price too high and didnt do a good job of marketing? Learn about the space before you try to make a quick cash grab?

Re: MetaMask now has over 8M users

#34

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

What rights do you get if you buy a painting? Can you enforce any rights you give yourself after buying a painting?

The right of ownership of the actual asset, not of a paper in the safe with the written address of the asset :)

Re: MetaMask now has over 8M users

#35
post #31

Earlier quoted context omitted.

I tried to sell some AI-generated cat pictures and it didn't work. Nobody wanted to pay for it. I think some element of it is a famous person doing it, so the spending is associated with the person, not the URL to the art. Which basically means, if you're famous, you can get some free money from idiots.

You need to create customers and wide appeal first. Cryptopunks were free at the start, so were cryptokitties. Lootproject just launched and anyone could mint a free loot bag and the floor is now 10 ETH. Beeple NFTs were dirt cheap. Pixel portraits were dirt cheap. Maybe you set your price too high and didnt do a good job of marketing? Learn about the space before you try to make a quick cash grab?

Oh I just figured it was designed to be a free cash grab, I set the price pretty low actually. Not really interested in learning how to market vaporware but if idiots want to pay me for nothing I'll take it

Re: MetaMask now has over 8M users

#39

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

You are entirely misunderstanding the purpose of NFTs.

As a first-hand buyer, you are paying to act as a patron for artists/projects that you believe in. You enable those people to spend time producing more art that you like.

This is a very interesting and valuable use-case in and of itself.

I have recently started putting up my digital work and it is the first time in my life (41) that I can create unique works and have access to a market that allows people to support me.

Don't poo poo what you don't really understand.

For anyone interested: https://opensea.io/assets/0x495f947276749ce646f68ac8c2484200...

I have a store up here: https://www.ramijames.com/

Re: MetaMask now has over 8M users

#40

Is any one of these 8 million here? I would love to hear what people do with it.

Metamask is the wallet with the lowest barrier to entry for new folks entering the crypto space. Going from no knowledge to having a wallet is much quicker with metamask than hardware wallet.

Its also great for devs deploying contracts on test networks.

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