11–20 of 41 posts
https://www.ask.com/culture/what-are-non-fungible-tokens-nft...
Earlier quoted context omitted.
What do you think would happen?
Disney would DMCA the NFT marketplace, like OpenSea or whatever. It's happened before, although I'm not sure if Disney specifically has done it or not.
Good thing purchasing an NFT doesn't actually mean anything
Earlier quoted context omitted.
What do you think would happen?
Disney would DMCA the NFT marketplace, like OpenSea or whatever. It's happened before, although I'm not sure if Disney specifically has done it or not.
If you don’t actually present an image of a Disney character on the site, there is nothing preventing an NFT referring to one.
I understood NFTs better after reading this, what seems to me, fair and objective article and afterwards really don't see much utility in them. I can see how they might serve a purpose in a very narrow, specialized set of circumstances. https://www.ask.com/culture/what-are-non-fungible-tokens-nft...
Minting an NFT on Tezos is something like turning your phone on in terms of energy usage. Please, let’s stop with the wild misinformation - not all NFTs are made the same way.
The ETH NFT scene is what it is I know a huge number of artists who don’t participate in it because it’s dumb af.
If people want to spend money on them, that's their decision.
Good thing purchasing an NFT doesn't actually mean anything
Agreed. Don’t see the problem with this. The joke is on the people buying these.
1. NFTs and cryptocurrency have avoided being heavily regulated so far, and it seems businesses have begun pulling out there "history of fraud and market manipulation", textbooks. We have enough of an issue with bottom-to-top flows of wealth right now that just poo-pooing bad behavior because the people being scammed or stupid or arrogant doesn't exactly seem constructive. Especially when the public education system is what it is.
2. NFTs are the least efficient and convoluted ways you can solve the problem(s) at hand. It demands enormous amounts of power and it's use at any appreciative scale would overshadow the energy use of first-world individuals (PoS is still not here or being used by the major players, so it's not really an argument). And the hardware using this energy is expensive to produce, currently supply limited (hurting normal folks), and is regularly cycled. So while we're already struggling with climate change and environmental destruction, this technology aims to create an artificial spike that makes it even harder to address for no real benefit.
I understood NFTs better after reading this, what seems to me, fair and objective article and afterwards really don't see much utility in them. I can see how they might serve a purpose in a very narrow, specialized set of circumstances. https://www.ask.com/culture/what-are-non-fungible-tokens-nft...
Is this a joke? This article continues with the fully absurd “carbon narrative” that’s been imposed onto blockchain even though huge amounts of NFTs are being minted on the Tezos chain, which used orders of magnitude below Ethereum’s energy usage. Minting an NFT on Tezos is something like turning your phone on in terms of energy usage. Please, let’s stop with the wild misinformation - not all NFTs are made the same w…
I don't think it's fair to call it a joke, but if your intention is to shut down discussion that works. There is a robust discussion about blockchain energy usage which doesn't appear to be ideological, but I don't know enough yet to say.