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NFT Replicas: An app to mint a replica of virtually any NFT

nftreplicas.net

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Re: NFT Replicas: An app to mint a replica of virtually any NFT

#152
post #143
post #104

Earlier quoted context omitted.

Philosophically, I think there is something there. How do you create scarcity in a digital infinitely copyable world, without an authority figure. With baseball cards and pokemon cards, you can create artificial scarcity by only printing so many in a run. NFT scarcity is really no sillier than baseball card scarcity. The original creator says "this collection has x amount." What makes that matter is that they said so…

> How do you create scarcity in a digital infinitely copyable world Your premise rests on this question. My counter is what is the value in creating scarcity beyond just trying to make money? Your examples are about people investing in money and not losing those assets. Your experience example is not really digital scarcity if I understand your hypothetical correctly. It is about a real physical scarcity, the number…

>what is the value in creating scarcity beyond just trying to make money?

Gameplay balancing.

We've crossed a very blurred line of gaming, role play, and real life. Whos to say which is which anymore.

I dont think profitability and production of gaming are mutually exclusive. Why cant game creators also make money for their work?

Re: NFT Replicas: An app to mint a replica of virtually any NFT

#153

I have to be honest. I view NFTs as one of the dumbest things to come out of the crypto space. I see the use cases, but frankly I don’t think it’s innovative nor does it solve something in a really unique way. Part of the point of digital assets are that they can be copied. If you don’t want to copy them, you can validate with the issuing authority (which is virtually all NFTs as it is).

For a digitally savvy community, HN takes on NFTs are surprisingly backwards looking. NFTs most people have seen/heard of are just links to a JPEG with little to no utility. That has caused all the hype/OpenSea volume, but there are many interesting crypto projects that ascribe utility to NFTs (but are also much less accessible). Interesting NFTs are those that: prove identity, serve as a key to a private community,…

What are some examples where NFTs have solved or are solving fundamental problems?

Re: NFT Replicas: An app to mint a replica of virtually any NFT

#154

Earlier quoted context omitted.

> How do you create scarcity in a digital infinitely copyable world, without an authority figure. This is a problem created to fit the solution. Why in the name of God would anyone want to re-introduce scarcity into a post-scarcity space? Such a person is so narcissistic, so greedy, so sociopathic that they would deny others something they could have for nothing in order to enrich themselves. It is sickening. > A gam…

Making closed source software is a way to create scarcity in a post scarcity space. Are you innocent of that too?

Closed source software can still be copied, even if you charge money for it. I have never created any software that utilized any form of DRM. Hell, most of the code I write is public domain, making it even more free than most open source software.

Besides, I'm not saying we shouldn't compensate creators. Unfortunately even though the digital world is post scarcity the one where our bodies reside is not and creators need to eat. However, I don't believe that shoving scarcity into a post-scarcity space is the way to go about that.

Re: NFT Replicas: An app to mint a replica of virtually any NFT

#155
post #9

Prints are a near-perfect replica of any painting, and also professional forgers routinely copy works of, or create original works of, major artists in order to make a lot of money. However prints are typically worth a fraction of the original work, and the moment a forged painting is discovered its value plummets. The value of the NFT is not primarily in how it looks. The value of the NFT is in the provenance, the h…

Have you seen a Newman painting in person? The image of Voice of Fire ( https://en.wikipedia.org/wiki/Voice_of_Fire ) on Wikipedia is completely unremarkable, but it's actually very impressive and powerful to see in person. One of my favourite pieces of visual art. A lot of people like to shit on abstract art and color fields as "a toddler could do it" but there is technical skill and artistry on display. Keith Harin…

Additionally, I have seen quite a lot of actual toddler art, and even when that fact is initially hidden, I have yet to be impressed by any of it.

Re: NFT Replicas: An app to mint a replica of virtually any NFT

#156

The most interesting aspect of NFTs IMO is that they explore what ownership really means. Is it physically possessing something? Is it a receipt? Is it provenance? Is it the ability to destroy something permanently? Is it the ability to deny others access? Is it irrefutable and verifiable proof, without trusting any single entity, that an entity holds an exclusive status relative to a good?

Yes, but this discussion about "ownership" goes back literally thousands of years. And 100+ years in the modern age of copyright and information reproduction. There is a whole lot of established precedent and knowledge and thought on the subject. The NFT world acts mostly ignorant of it, perhaps because they're much more interested in scamming people out of money than contributing to our culture of information.

Re: NFT Replicas: An app to mint a replica of virtually any NFT

#157

I have to be honest. I view NFTs as one of the dumbest things to come out of the crypto space. I see the use cases, but frankly I don’t think it’s innovative nor does it solve something in a really unique way. Part of the point of digital assets are that they can be copied. If you don’t want to copy them, you can validate with the issuing authority (which is virtually all NFTs as it is).

For a digitally savvy community, HN takes on NFTs are surprisingly backwards looking. NFTs most people have seen/heard of are just links to a JPEG with little to no utility. That has caused all the hype/OpenSea volume, but there are many interesting crypto projects that ascribe utility to NFTs (but are also much less accessible). Interesting NFTs are those that: prove identity, serve as a key to a private community,…

I cite ENS (ens.domains) as one of the bedrock technologies in this next cycle. Identity is the biggest flaw in our current social media / search engine / information discovery paradigm.

In the next two weeks, I'll have my PGP keys discoverable, on blockchain, two clicks away from anyone with (unrestricted) internet access. Just find me at joshjames.eth and boom, you can virtually guarantee a secure communication channel with me. Outside of a physical abduction or hardware compromise of my private keys, this pattern no longer requires a middleman to host my pubkey.

Re: NFT Replicas: An app to mint a replica of virtually any NFT

#158
NFTs are essentially a technical fraud that combines the failures of DRM technologies with the failures of perceptual hash functions. Whereas blockchains provide a novel solution to the double-spending problem through distributed consensus to enforce scarcity and have real applications based on proven technical merit, NFTs tokenize digital media which can be copied through analog means as with any other piece of digital media hence zero scarcity and zero need for tokenization, and the uniqueness of an NFT is impossible due to the limitations of hash functions hence scarcity also fails in this respect. NFTs aren't actually technically possible. Imagine going to an art gallery and seeing hundreds of Mona Lisa prints next to each other that look the same and taking pictures of them with your DSLR good enough that you don't need to buy a print and some guy says they are all unique and special because they are one pixel different, that's NFTs.

Re: NFT Replicas: An app to mint a replica of virtually any NFT

#159

I have to be honest. I view NFTs as one of the dumbest things to come out of the crypto space. I see the use cases, but frankly I don’t think it’s innovative nor does it solve something in a really unique way. Part of the point of digital assets are that they can be copied. If you don’t want to copy them, you can validate with the issuing authority (which is virtually all NFTs as it is).

For a digitally savvy community, HN takes on NFTs are surprisingly backwards looking. NFTs most people have seen/heard of are just links to a JPEG with little to no utility. That has caused all the hype/OpenSea volume, but there are many interesting crypto projects that ascribe utility to NFTs (but are also much less accessible). Interesting NFTs are those that: prove identity, serve as a key to a private community,…

Interesting NFTs are those that: prove identity, serve as a key to a private community, yield tokens with utility, prove ownership of an asset that generates royalties, augment a gaming experience, etc.

If those things want to be taken seriously they need to divorce themselves from the term "NFT", demonstrate that blockchain is necessary, and use the best tech (e.g. privacy-preserving zero-knowledge protocols for anything involving identity/authentication/authorization).

Re: NFT Replicas: An app to mint a replica of virtually any NFT

#160

Earlier quoted context omitted.

NFTs aren't trading cards. They're receipts showing that you "own" the card on display in the public square. And more than one receipt can be minted for that card. The most you can hope for is the earliest timestamp on the receipt.

I think NFTs are bullshit, but I don't think the "And more than one receipt can be minted for that card" is as much of a problem as people think it is. For example, it wouldn't be hard for an artist to publish a video saying "Hey folks, this is my public key, and these are the NFTs for these pieces of art", and then publish that video in multiple forums like Twitter, YouTube, etc. Then if someone tried to come up wit…

An artist can create as many instances of an NFT as they want, even after selling "number 1". It's not malicious, it's a feature of the platform.
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