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TheNFTbay.org – The Billion Dollar Torrent (All NFT's from Ethereum and Solana)

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Re: TheNFTbay.org – The Billion Dollar Torrent (All NFT's from Ethereum and Solana)

#241

Post by diveanon »

SrslyJosh wrote: post #235
diveanon wrote: post #223

ITT: People who don't know what NFT's are explaining what they think NFT's are to other people who don't know what NFT's are. HN is really good for tech & SF housing market news, but god awful for any other types of information because the users here think they are experts on every topic. If you are actually interested in how NFT's work, interesting projects using them, or just want to have a conversation around the…

> ITT: People who don't know what NFT's are explaining what they think NFT's are to other people who don't know what NFT's are. Then you should explain what they are. If you can't (or won't), why should we care? > If you are actually interested in how NFT's work, interesting projects using them, or just want to have a conversation around the topic that isn't just snarky morons jacking each other off, I highly encoura…

> Then you should explain what they are.

I'm not a blogger or evangelist, plenty of people are and discuss this daily. Go find them on Twitter if you care, or not, makes no difference to me.

> If it's not a scam or cult, then just publish something on the web.

There are hundreds of whitepapers on the topic freely available all over the web. Every project worth following does this and there is no shortage of it.

Honestly your comment is exactly what I meant, just pretentious HN users who can't be bothered to do a cursory search on the topic and just want to be spoon fed information.

Re: TheNFTbay.org – The Billion Dollar Torrent (All NFT's from Ethereum and Solana)

#242

Post by ttyprintk »

Steve0 wrote: post #153
ttyprintk wrote: post #47

Earlier quoted context omitted.

When they discover that what they bought is an NFT, some people are so mad that they blame everyone else for right-clicking.

Isn't this comparable to the guy in the Ferrari being mad at other drivers because he's in the same traffic jam as the rest or us? I get where he's coming from, but that doesn't make it reasonable. And certainly not a scam by Ferrari.

I struggle with that comparison, but it sounds like the sports car guy feels that his conspicuous wealth should elevate him above the rules meant for everyone else. To the extent that he shouldn’t even have to ask for it out loud, because his car is art and yours is a commodity that makes no statement on the scarcity of beauty.

If NFTs exist to make an artistic statement, then it’s not the same as a one-off art car. It’s a statement on conspicuously raising the ecological and conceptual cost for the same vulgar image that any scrolling rube can enjoy.

An NFT really could represent season tickets for some assigned seats in a sports arena, or (unfortunately) the order on a list of organ transplant recipients. But instead of problems of scarcity, NFT represents FOMO. And the most-confident adherents are definitely speculating on riding the wave.

Re: TheNFTbay.org – The Billion Dollar Torrent (All NFT's from Ethereum and Solana)

#245

Post by Macha »

conception wrote: post #181
Macha wrote: post #139

Earlier quoted context omitted.

> I’m not sure if it will ever come to pass but imagine what the rumors for GameStop’s nft could be - a decentralized steam. Let's look at the issues of this one. Let's imagine you wanted to buy FIFA 2025 on this NFT steam. As a game purchaser, you want to play the game. It'd also be nice if you can resell it when you're done, but this is a secondary use case. As a game publisher, EA want only people who own the game…

There are a number of digital issues to handle and for large companies the classic “how is blockchain better than a central database” doesn’t pass. For a smaller dev, does saving some percentages of profits to distribution make sense? As for DRM, I don’t think an nft solves that or piracy in general but neither does the current system. I guess the question of nfts is “Is it possible for ownership of unique digital go…

> For a smaller dev, does saving some percentages of profits to distribution make sense?

No, because NFTs don't cover distribution because even a 2d indie game can be multiple gb so won't be on the blockchain.

It also ignores that a big feature these distribution platforms offer to developers is discovery too, whether by recommendations, charts, or just seeing what your friends are playing

Re: TheNFTbay.org – The Billion Dollar Torrent (All NFT's from Ethereum and Solana)

#246

Post by TheProbes »

joejoesvk wrote: post #244
TheProbes wrote: post #243

I own a cryptopunk NFT. https://openpuddle.io/?id=328wfloxyf I'm happy to answer any questions about it that you may have.

why?

Number go up. And so I can flex online. Do you see how much that bad boy costs?

Re: TheNFTbay.org – The Billion Dollar Torrent (All NFT's from Ethereum and Solana)

#248

Post by ly »

joeman1000 wrote: post #232

I think misunderstanding of NFTs is caused by one or all of: a persons generation, a persons hatred of crypto, a persons lack of openness to change. - Generational: I grew up playing Habbo hotel, club penguin, TF2. I am comfortable with the idea of digital goods. You pay for something that is not real and can sell ‘it’ later. ‘Ownership’ is a decidedly different concept for me and many other younger people. If I ‘own…

I don't think the point you made in the generational section of your comment is entirely valid. I do get digital goods, I myself have owned furni on Habbo. However, in that case you buy a digital good and can display it in your room (Habbo) or on your character (TF2), and Sulake and Valve make sure only people who paid for the item can show off with it.

In the case of NFTs I can just download any NFT myself and show off with it. It's like everyone being able to show off a hat in TF2, but the people having paid only have the advantage they can boast in chat about the fact they paid for something available to everyone.

Re: TheNFTbay.org – The Billion Dollar Torrent (All NFT's from Ethereum and Solana)

#249

Post by joeman1000 »

ly wrote: post #248
joeman1000 wrote: post #232

I think misunderstanding of NFTs is caused by one or all of: a persons generation, a persons hatred of crypto, a persons lack of openness to change. - Generational: I grew up playing Habbo hotel, club penguin, TF2. I am comfortable with the idea of digital goods. You pay for something that is not real and can sell ‘it’ later. ‘Ownership’ is a decidedly different concept for me and many other younger people. If I ‘own…

I don't think the point you made in the generational section of your comment is entirely valid. I do get digital goods, I myself have owned furni on Habbo. However, in that case you buy a digital good and can display it in your room (Habbo) or on your character (TF2), and Sulake and Valve make sure only people who paid for the item can show off with it. In the case of NFTs I can just download any NFT myself and show…

You are right for the moment. I think if the metaverse is popular then displaying NFTs will become more meaningful. You will be able to show them in a home or on your avatar rather than just as a profile picture.

Re: TheNFTbay.org – The Billion Dollar Torrent (All NFT's from Ethereum and Solana)

#250

Post by fragmede »

PragmaticPulp wrote: post #84
andreilys wrote: post #66

Earlier quoted context omitted.

They might be valuable to other members of the NFT believers group in the same way that rare baseball cards are valuable to other baseball card collectors, but the rest of us just aren’t interested in trading digital baseball cards of JPEGs. Well that's the point isn't it? It's valuable within the in-group that the person is part of. It increases their status within the crypto community and gives them access to exclu…

> It increases their status within the crypto community and gives them access to exclusive networks/events. But we’re starting to see situations where people lose their NFTs or the NFTs are stolen through hacks or phishing. And then the community goes out of their way to pretend it never happened, that the NFT doesn’t matter, and that the silly Cryptopunk or goofy lion JPEG still belongs to the person even though the…

> It's also yet another example of NFT sellers taking something that costs $0 (or near $0) to create

Without commenting on the NFT aspect, a good community is worth its weight in gold, and so are community managers. Companies looking to open source pieces of code continually relearn that lession - open source communities don't "just happen", there's a ridiculous amount of work that goes into creating a viable one, even (or especially) if there's a closed source company backing it. That NFTs have chosen to have discussions in private is their prerogative (and I can't blame them either - NFTs still face questions of legitimacy like the above, and whether you believe in them or not, having to answer the same FUD again and again from users just trolling and calling you a scammer must be tiresome when trying to build things). What exclusive NFT communities are worth, I don't know, but charging a fee to join or a monthly fee for access to some group of people is worth it in many contexts. It's not remotely "near $0".

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