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“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

torrentfreak.com

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Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#21

Post by 2pEXgD0fZ5cF »

robot_no_419 wrote: post #16
2pEXgD0fZ5cF wrote: post #9

Earlier quoted context omitted.

> It’s like video game cosmetics Video game cosmetics derive their appeal from people using them while they actually play the game, not from showing off the database flag that activates it for the account. With NFTs, the whole game part of the game cosmetics analogy is missing.

You can build games that verify your NFT and allow you to use the art/resource in game. Well, until Steam deplatforms you I guess.

> You can build games that verify your NFT and allow you to use the art/resource in game.

While true, the only one deciding whether you are granted the ingame usage is still the developer/publisher, so in that scenario you basically just did exactly the same thing as before: a database lookup to check if a player "owns" a particular item. Only this time with a much slower and more inefficient database. Nothing about it being a NFT grants any advantages in that case, the developer can still take it away, ban your account, remove the item from the game etc. because they are still the ones controlling everything. You just decentralized the database entry.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#22

Post by manigandham »

NFTs are about the token ownership, not the asset, so this archive is rather pointless on its own.

But it's a very meta "art" piece as described by the article, especially if it also serves as an NFT asset itself. Will be interesting to see how how far this layer cake will go.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#23

Post by mattdesl »

there is a certain irony in peer hosting IPFS-based NFTs thru BitTorrent as an attempt at some kind of critique… I hope they do this with Hicetnunc[1] NFTs too and help back up all that media. :)

[1] - https://mattdesl.substack.com/p/hicetnunc-and-the-merits-of-...

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#24

Post by input_sh »

crispyporkbites wrote: post #17

NFTs are obviously a bit silly, BUT, it would be nice if things bought on platforms like Steam, Roblox, Amazon, iTunes etc. were transferable to other games/platforms. The platform providers would still need to agree that a specific blockchain / NFT is actually the source of truth, and so it's not really trustless. But the internet itself isn't perfectly decentralized either. I could see a future where developers cou…

I'm gonna copy my questions from another thread about transferable items because I'm genuinely curious about the answers.

Why would an asset designed for one game make sense or look good or feel at home in a completely different one?

Why would companies make one of them and sell it for a million bucks instead of trying to convince more players to buy it in a shop for two bucks?

Is the mechanic of a weapon gonna adjust to the new game when you import it or stay the same? If it stays the same, it's gonna be exploit galore. If it changes, well then, what's the point? Gonna be the same AK-47 as everyone else's, but this tiny sticker on it that nobody's gonna pay attention to is unique!

Even if we pretend this is somehow a promising field, why even use NFTs and make each one a couple of pixels different instead of making a common one, selling it for like $50, buyers get a file in whichever format is agreed upon, and import them in the settings?

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#25

Post by Jensson »

netflixandkill wrote: post #13
ghuntley wrote: post #7

Earlier quoted context omitted.

It already has https://twitter.com/GeoffreyHuntley/status/14618723766819512... and now it's into inception territory. The person who did https://www.thenftbay.org (me) got NFT'ed by VVD (passed in at $17,645.42 USD) and now I've NFT'ed his auction result with the proceeds being diverted to Outreachy internships.

What does a NFT of a torrent even mean after we stop laughing at the absurdity?

NFT are just like tweets. An NFT of a torrent is the same thing as a tweet linking to a torrent, just that in this case the tweet is stored in a blockchain and people can buy it.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#26

Post by andrefuchs »

mattdesl wrote: post #23

there is a certain irony in peer hosting IPFS-based NFTs thru BitTorrent as an attempt at some kind of critique… I hope they do this with Hicetnunc[1] NFTs too and help back up all that media. :) [1] - https://mattdesl.substack.com/p/hicetnunc-and-the-merits-of-...

I would appreciate an archive of hicetnunc.xyz OG NFTs as well.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#27

Post by Gigachad »

crispyporkbites wrote: post #17

NFTs are obviously a bit silly, BUT, it would be nice if things bought on platforms like Steam, Roblox, Amazon, iTunes etc. were transferable to other games/platforms. The platform providers would still need to agree that a specific blockchain / NFT is actually the source of truth, and so it's not really trustless. But the internet itself isn't perfectly decentralized either. I could see a future where developers cou…

This could be done without NFTs. There aren’t that many platforms, they could all build api integrations if they wanted. But they don’t want to because they like having users locked in.

NFTs along with all non money crypto feel like a solution in search of a problem. And all of these solutions are things already possible and easier without crypto.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#28

Post by gambiting »

robot_no_419 wrote: post #16
2pEXgD0fZ5cF wrote: post #9

Earlier quoted context omitted.

> It’s like video game cosmetics Video game cosmetics derive their appeal from people using them while they actually play the game, not from showing off the database flag that activates it for the account. With NFTs, the whole game part of the game cosmetics analogy is missing.

You can build games that verify your NFT and allow you to use the art/resource in game. Well, until Steam deplatforms you I guess.

Sure, but......why? How is that different than just setting 1 instead of 0 on a database for the game somewhere?

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#29

Post by cm2187 »

manigandham wrote: post #22

NFTs are about the token ownership, not the asset, so this archive is rather pointless on its own. But it's a very meta "art" piece as described by the article, especially if it also serves as an NFT asset itself. Will be interesting to see how how far this layer cake will go.

I think it does illustrate that NFT themselves are useless (other than being some sort of performance art). If you legally bought the right to something, what has value is not the NFT, it is the legal contract of the transaction. If you don’t sign a contract, the NFT is just a few bytes stored somewhere that have no consequences. The value is in the legal agreement.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#30

Post by samwillis »

quakeguy wrote: post #6

Seems it has only around 10GB of data, the rest are zeros hashed. https://gist.github.com/zhuowei/ebd5601f7dd8e5ee186bf302874e... https://www.twitter.com/zhuowei/status/1461576936241733638

I think that is kind of the point. This a social commentary on the absurdity of NFTs and crypto.

There was the study yesterday that showed that 70% of crypto trading was wash trading. I.e junk to inflate the appearance of the market. I see this being mostly zeros as effectively the same. It was meant to be found to be junk, to show how stupid it all is.

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