What other major companies still use NFTs?
Digital collectibles on Instagram is winding down
41–50 of 147 posts
Re: Digital collectibles on Instagram is winding down
#42Earlier quoted context omitted.
MLM is also a corporate sponsored cult and puts on ostentatious events. One commonality is how they tell you to remove negative influence, ie skeptical and concerned friends and family, as they hold you back from achieving success.
What about stuff like Tony Robbins (self-help) Landmark Forum (self-help MLM) Billy Graham (Christian revival) Joel Osteen (prosperity gospel) etc. They seem to help a lot of people with just mindset stuff
If you have to pay to learn something, it's a grift.
There's carve outs for technical fields, for people who are willing to pay a premium for speed, or personalized learning, or putative 'networking' of course.
Re: Digital collectibles on Instagram is winding down
#43Earlier quoted context omitted.
Are we still doing “AI is the new crypto” here? I’d like to think that we’ve moved past this by now.
just wait until they start really attacking AI. they'll roll out the same playbook. 1. dangerous new technology 2. that uses far too much energy (more than the entire country of X!) 3. do we really know how it works? 4. controlled by a shadowy cabal of super-coders 5. followed by a litany of anecdotal stories about victims of AI 6. and increasingly frequent and increasingly negative coverage of those getting rich off…
The playbook against NFTs is that they did nothing useful. That seems to still be the case. ChatGPT is useful, some of us are just not sure how useful it is yet.
Re: Digital collectibles on Instagram is winding down
#44Earlier quoted context omitted.
> Cults don’t usually have that level of industry involvement Scientology probably puts NFT-bro-ism to shame with its level of industry involvement... It's just usually less in your face about the cult part.
I thought about mentioning scientology for comparison, to say I don’t remember Scientology taking over Times Square with a lot of industry participants… but then again I am not part of that world so for all I know they could have a huge convention in Vegas every year, with megachurches AND some sort of new books / auditing companies etc.
They don't need to do conventions, they have an entire town in Florida.
Re: Digital collectibles on Instagram is winding down
#45What's interesting here is that it's not really affecting the perception of people who believe in web3. As someone who's working on a decentralized product, I speak with nft creators and collectors every day. They see this as a confirmation that Meta wasn't really in. There was also a perception that Polygon NFTs aren't as valuable. Interestingly, Reddit has managed to sell Polygon based profile pictures fine, and th…
>Reddit has managed to sell Polygon based profile pictures fine,
That probably has more to do with selling the digital equivalent of funko pops on reddit, than any technological merit.
Re: Digital collectibles on Instagram is winding down
#46Earlier quoted context omitted.
just wait until they start really attacking AI. they'll roll out the same playbook. 1. dangerous new technology 2. that uses far too much energy (more than the entire country of X!) 3. do we really know how it works? 4. controlled by a shadowy cabal of super-coders 5. followed by a litany of anecdotal stories about victims of AI 6. and increasingly frequent and increasingly negative coverage of those getting rich off…
That's been the exact playbook. Also mock what it's been used for, find the "worst" example. If not mock, as you say, label it as dangerous.
If you want to promote adoption of something like NFTs it's up to you to present the compelling use cases, not get mad at the detractors. The reaction to the reaction here is even more predictable.
Re: Digital collectibles on Instagram is winding down
#47What other major companies still use NFTs?
Define "major company".
Re: Digital collectibles on Instagram is winding down
#48"Wind down"? I cross this out several times with my red pen, leaving deep grooves in the paper, and offer a few sensible, meaningful, clear, definitive options: "end" "remove" "shut down" "terminate" "cancel"
LOL, indeed. "Winding down" is something that crypto gamblers do with their portfolios, because a free-market sell would be too devastating to the ego.
(Ron Howard interjects... "They did not, in fact, wind it down.")
Re: Digital collectibles on Instagram is winding down
#49Earlier quoted context omitted.
MLM is also a corporate sponsored cult and puts on ostentatious events. One commonality is how they tell you to remove negative influence, ie skeptical and concerned friends and family, as they hold you back from achieving success.
What about stuff like Tony Robbins (self-help) Landmark Forum (self-help MLM) Billy Graham (Christian revival) Joel Osteen (prosperity gospel) etc. They seem to help a lot of people with just mindset stuff
Those things are bad too.
Re: Digital collectibles on Instagram is winding down
#50Earlier quoted context omitted.
Reddit’s successful feature enjoys its success for reasons that have nothing to do with NFTs or crypto or the blockchain or whatever else.
In that same fashion, the Pokemon collector craze is successful in a way that has nothing to do with them being on physical cards. It would be successful in other form factors as well. Collectors like to collect, no matter the medium. I have a large collection of both physical and digital-only games. Many of those digital games aren't anything more than an entry in a database table that says my steam id is allowed to…
I don't understand how this can be a valid comparison, unless you bought games planning to never play them, just check them off against your list? That seems like a very minor use case. This would be like people saying they "collect" Kindle books or itunes music.
Collecting is based on the idea of scarcity, either real or contrived, and digital plus not even owning the object makes that both impossible to be true and near impossible to pretend.