181–190 of 221 posts
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Perhaps a sort of trusted authority could validate that...
So, why would you need all the crypto if an authority provides you the value? One day people will get that crypto is an implementation detail raised to a cargocult status.
Wtf did i just watch. This has got to be someone trolling, right? If you didn't watch the whole thing, make sure to at least watch the animated section.
I don't know what's happening, people are paying tons of money for hashes of jpegs, honestly can't tell it's 50/50 from my pov.
The ERC721 interface only requires String GetTokenURL(int tokenId) be implemented!
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What really got me to understand what an NFT is was a post in a gold / silver subredit. A poster asked the question "Where could I find someone who could make a physical NFT gold and silver coin". I really didn't understand what that meant so I asked. They answered that it was going to be a intricately designed coin that was a physical NFT. This physical NFT was just a coin. Nothing special, no blockchain just a coin…
Also the point of coinage is that it is fungible, NFTs are designed to be non-fungible (and even Bitcoin if you get down to the details). Sadly crypto-currencies still haven't really solved the currency use-case.
I'm not a fan of this space, but I surveyed many crypto tokens last year and it did sound like some well designed tokens could solve the use-case as an actual currency. Algorand springs to mind, they claimed high transactions speeds and also carbon negative footprint (which sounds too good to be true, but I don't know the specifics).
Why would you want to live in a theme-park on a remote jungle island in a volatile jurisdiction with a bunch of assholes?
So, there's actually a bit of a history of libertarian-ish types doing this sort of this thing. Examples: https://en.wikipedia.org/wiki/Republic_of_Minerva https://en.wikipedia.org/wiki/Seasteading https://www.theguardian.com/news/2021/sep/07/disastrous-voya... It doesn't generally end well.
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What really got me to understand what an NFT is was a post in a gold / silver subredit. A poster asked the question "Where could I find someone who could make a physical NFT gold and silver coin". I really didn't understand what that meant so I asked. They answered that it was going to be a intricately designed coin that was a physical NFT. This physical NFT was just a coin. Nothing special, no blockchain just a coin…
Also the point of coinage is that it is fungible, NFTs are designed to be non-fungible (and even Bitcoin if you get down to the details). Sadly crypto-currencies still haven't really solved the currency use-case.
Nice to see PeerTube out in the wild. PeerTube is a software application that implements the interoperable social networking standard, ActivityPub: https://en.wikipedia.org/wiki/PeerTube What this means is if you have an account anywhere on this network, say a Mastodon account, you can interact with the video directly. It's a system that works a lot like how email addresses work (that is, a federated social web). las…
Youtube vs peertube vs odysee is a good comparison between web2, fediverse and web3. Youtube is popular and garbage, peertube unpopular and garbage and odysee unpopular and not garbage.
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After browsing OpenSea one may reasonably come to the conclusion that for every competent artist selling NFTs of their art, there are approximately 40,000 low-effort mspaint primates.
It's impressive how quickly the NFT space has abandoned any semblance of selling unique artwork, and converged on ten thousand variants of "randomly generated animal pictures" with half of them being monkeys because they're cargo-culting Bored Ape Yacht Club. Ironically in trying to create "digital scarcity" they've lowered the bar to entry so far that their "scarce" assets are buried under an endless avalanche of ne…
I was also hesitating to post this because I was afraid that some cryptobro or what-you-call-them would take this complaint literally and open an NFT trading site for cat pictures.
It's incredible how they don't see how bad these projects look, so my concern is real.
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The Bored Apes are selling entry to a community not art. At any rate, as far as I can see artists I enjoy in real life like Refik Anadol are benefiting from and creating interesting art around them. Most NFTs are of course crap (as per sturgeon's) or simply not about art in the first place but I just don't think that means as much as people with an axe to grind think it means.
What's the community and what happens when you enter it? What are the perks to buying into it?
- Movement towards what?
- Freedom, decentralization, all good things!
- ...by "buying" the picture of an ape?
- It's about the mindset, we're not there yet, you are missing out! JOIN US!!