I have been keeping tabs on digital currency/NFT news just out of sheer malicious curiosity. The "positive" news mostly seem to be "company X is trying out NFTs!". The high profiles cases don't seem to end up with a usable product or are outright cancelled Y months later with the whole thing labeledd as an "experiment". The negative news on the other-hand are pretty scarring - insane amounts of theft, bankruptcies, price drops, dead-end ideas, echo-chambers. I hope this keeps up.
OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
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Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#12The Shared Storefront is OpenSea's proprietary NFT contract that artists can use to create for free on. OpenSea will allow you to create NFTs for free using their centralized servers as a temporary backend and they only get minted on-chain if they sell. It's understood that the Shared Storefront is controlled by OpenSea. While it's a nice feature for beginner artists it is also frequently abused by scams and copyrigh…
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Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#13The Shared Storefront is OpenSea's proprietary NFT contract that artists can use to create for free on. OpenSea will allow you to create NFTs for free using their centralized servers as a temporary backend and they only get minted on-chain if they sell. It's understood that the Shared Storefront is controlled by OpenSea. While it's a nice feature for beginner artists it is also frequently abused by scams and copyrigh…
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Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#14The Shared Storefront is OpenSea's proprietary NFT contract that artists can use to create for free on. OpenSea will allow you to create NFTs for free using their centralized servers as a temporary backend and they only get minted on-chain if they sell. It's understood that the Shared Storefront is controlled by OpenSea. While it's a nice feature for beginner artists it is also frequently abused by scams and copyrigh…
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The only thing I’ve seen attempting to give legitimacy to tokenization is the pruf protocol.
Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#15Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#16There has been a move toward centralization in the NFT space with Opensea and Magiceden marketplaces completely dominating the space, largely to the detriment of projects and / or users. One recent example: project royalties are now optional, so projects relying on these royalties from sales have had the rug pulled out from under them.
I expect we'll start to see some backlash where major new NFT projects build more safeguards into their contracts to try and reel back in some of the control the marketplaces have gained.
Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#17The Shared Storefront is OpenSea's proprietary NFT contract that artists can use to create for free on. OpenSea will allow you to create NFTs for free using their centralized servers as a temporary backend and they only get minted on-chain if they sell. It's understood that the Shared Storefront is controlled by OpenSea. While it's a nice feature for beginner artists it is also frequently abused by scams and copyrigh…
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Why is low-effort bait like this being upvoted? Do people seriously want to have another off-topic flame war? It's like people are compelled to upvote generic sarcasm. Extremely disappointing.
Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#18The Shared Storefront is OpenSea's proprietary NFT contract that artists can use to create for free on. OpenSea will allow you to create NFTs for free using their centralized servers as a temporary backend and they only get minted on-chain if they sell. It's understood that the Shared Storefront is controlled by OpenSea. While it's a nice feature for beginner artists it is also frequently abused by scams and copyrigh…
What makes a 'high quality' NFT, in your opinion or experience?
Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#19Earlier quoted context omitted.
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Why is low-effort bait like this being upvoted? Do people seriously want to have another off-topic flame war? It's like people are compelled to upvote generic sarcasm. Extremely disappointing.
I get that it's simple, but at this stage, it's hard for me to suggest that it isn't true? It strikes me as presently generally accurate.
Re: OpenSea administrators can take any tokens minted on OpenSea Shared Storefront
#20Earlier quoted context omitted.
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Who hasn't been hurt if you invested in NFTs in the past year.
adults made adult decisions
most lost money, some did not
i don’t see anyone complaining about the millions of people losing their paychecks to state lotteries
and i think that’s cool, they are adults. decisions have consequences.
so to op, grow up and take responsibility for your actions.