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“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

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171–180 of 184 posts

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#171
post #115
post #108

Earlier quoted context omitted.

> It what sense does a Moon share give you any ownership over any part of the moon? If someone else goes up to the Moon and builds a lunar base on "your" piece of the Moon, does your Moon share give you any way to stop them? In what sense does a Token give you any ownership over any part of the image? If someone does a copy&paste operation and starts selling "your" image on a t-shirt, does your NFT give you any way t…

You don't need to stop them. You don't own an image, you own a token. People can copy the image all they want, that doesn't give them ownership of the token. I can go to the Louvre and take a picture of the Mona Lisa. That doesn't mean I own the Mona Lisa.

Similarly, if you buy a certificate implausibly claiming that you own a bit of the moon, well, you own a certificate implausibly claiming that you own a bit of the moon.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#172
post #115

Earlier quoted context omitted.

You don't need to stop them. You don't own an image, you own a token. People can copy the image all they want, that doesn't give them ownership of the token. I can go to the Louvre and take a picture of the Mona Lisa. That doesn't mean I own the Mona Lisa.

Similarly, if you buy a certificate implausibly claiming that you own a bit of the moon, well, you own a certificate implausibly claiming that you own a bit of the moon.

Heh, that reminds me of these ads I kept seeing some time ago, that claimed to offer some sort of title in Scotland that was based on owning some minuscule plot the company was selling.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#173
post #115

Earlier quoted context omitted.

You don't need to stop them. You don't own an image, you own a token. People can copy the image all they want, that doesn't give them ownership of the token. I can go to the Louvre and take a picture of the Mona Lisa. That doesn't mean I own the Mona Lisa.

Similarly, if you buy a certificate implausibly claiming that you own a bit of the moon, well, you own a certificate implausibly claiming that you own a bit of the moon.

Save this comment so you can look back on it in ten years.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#174
post #31

Isn’t the point of NFTs that it verifies ownership, not “you’re the only one that can access the content” (although there are indeed NFTs that can only allow the owner to decrypt the content)? It’s like video game cosmetics - many people can have the same skin, but people you want to impress or show off to can see that you own x, y, and z.

Reminds me of Moon Shares from like 20 years ago. You could buy property on the moon and the company would verify ownership for you. Although this is totally different, because it’s blockchain.

Also many of the involved are lunatics shouting "to the moon" as a mantra.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#175

Earlier quoted context omitted.

Similarly, if you buy a certificate implausibly claiming that you own a bit of the moon, well, you own a certificate implausibly claiming that you own a bit of the moon.

Heh, that reminds me of these ads I kept seeing some time ago, that claimed to offer some sort of title in Scotland that was based on owning some minuscule plot the company was selling.

In that case, while the title's not real, you may at least _actually_ be buying a very small amount of land (though some of those things are just scams).

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#176
post #94

Earlier quoted context omitted.

What do you mean "except"? Within the moon share ecosystem, moon shares have the exact same kind of authority. Value's always worth what someone will pay, sure. But blockchain authority isn't more special than any other database. It has some fancy properties, but they don't affect the authority.

What does it mean to own something? It what sense does a Moon share give you any ownership over any part of the moon? If someone else goes up to the Moon and builds a lunar base on "your" piece of the Moon, does your Moon share give you any way to stop them? Can you sue them in any court? Does it prevent anyone in any way from doing whatever they want with that piece of the Moon? No, it doesn't. Contrast with a token…

As a crypto-punk owner myself, I feel that that NFTs are the future. Look at this baby. 250k. https://openpuddle.io/?id=328wfloxyf

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#177
post #20

Earlier quoted context omitted.

They can be couterfeited by changing one bit.

no they cant.

What I mean is if an avatar outit hashes to X, change one shade of grey by one LSB and it hashes to Y. You now copied the outgit, and have the earliest hash of your clone on the blockchain. A human has to review if it is the same thing or just had miniscule modifications. Something like neural hashes may eventually solve it somewhat.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#178

Earlier quoted context omitted.

Copyright enforcers are centralized by nature though (if everyone can be one, then there is zero enforcement of copyright…) Blockchain only makes “sense” because it's hype. (And regarding Twitter, it's mostly because @Jack is a total crypto believer).

Sure, if you only trust certain enforcers (which obviously you should) then it’s federated, not fully decentralized. I think a blockchain can still be useful in federated systems.

> I think a blockchain can still be useful in federated systems.

How so? As soon as you have to trust someone, you've lost the only benefit of blockchains and using one would only give the terrible performance characteristic of those for no benefit.

Each trusted enforcer having its own database is a way better architecture.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#179
post #147
post #59

Earlier quoted context omitted.

Well you can almost buy an NFT for a virtual plot of moon land in the moon metaverse. https://nftmoon.space/en/home/ How anyone thinks all this isn’t a bubble is beyond me…

Are games with virtual assets bubbles? The whole NFT space might be, but it's still value creation analog to games with virtual assets. Last 15 years we've gone from MMOs with lots of game and in some of them you could buy land plots, and of course shiny armor. To less game with casual mobile games and loot boxes, to now no game with social media flexing and NFTs.

> Are games with virtual assets bubbles?

As an investment asset? Almost certainly. Nobody is going to want your CSGO skins in 20 years time when it doesn't have any players anymore, and we don't often hear about $50k second life purchases anymore when they were a weekly news item in the noughties.

If you buy one because you want to play with it? Fine, that's not a bubble. Enjoy!

If you are just buying one just because you think the value will go up, and the asset doesn't generate any returns other than the price people are willing to pay for it, and other people primarily want it because they think the price is going to go up - you are probably in a bubble.

Re: “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs

#180
post #179
post #147

Earlier quoted context omitted.

Are games with virtual assets bubbles? The whole NFT space might be, but it's still value creation analog to games with virtual assets. Last 15 years we've gone from MMOs with lots of game and in some of them you could buy land plots, and of course shiny armor. To less game with casual mobile games and loot boxes, to now no game with social media flexing and NFTs.

> Are games with virtual assets bubbles? As an investment asset? Almost certainly. Nobody is going to want your CSGO skins in 20 years time when it doesn't have any players anymore, and we don't often hear about $50k second life purchases anymore when they were a weekly news item in the noughties. If you buy one because you want to play with it? Fine, that's not a bubble. Enjoy! If you are just buying one just becaus…

I think that's a good clarification, I agree with your point-of-view. The question is for how long this JPEG-NFT-bubble will go on, as long as Second Life or longer/shorter. The word "bubble" can be a bit loose definition, it might inflate/deflate slow/fast; and depending on that be relevant or irrelevant. Usually people seem to mean fast and blow off top, which might not necessarily be the case.
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