Ultimately, they're basically like inventory systems in an arbitrary multiplayer game, except hilariously less energy efficient and with IRS expecting users to pay capital gains tax on transactions. It's basically only really of interest right now to fraudsters and marks who are desperate to get rich quick, and when the cryptotaxes kick in the States the market will probably collapse (assuming Tether doesn't finally pop first).
Why are normal concert tickets not good enough anyway? lol
The Mona Lisa is in a museum in France with a 15 Euro entry fee and opening hours. Your access to it is absolutely limited.
Why would I have a regular old concert ticket on a piece of paper or in a small database when I could have a cyber concert ticket that hundreds of dumbarses have to devote storage space and processing to for the next hundred years?
It's not like the music industry hasn't worked out how to operate a ticket reseller.
And I can also just look it up on Google or print it. I can even ask a forger to paint it and hang it up my wall.
But it's the same picture is it not? Like, the same pixels, the same colors... What is different
By 'not a screenshot' I mean 'it hasn't gone through an additional pass of JPG compression'. It's the exact file.
Personally I've been involved with a couple million dollars worth of NFT sales this year and I'm involved with all kinds of cool NFT projects that have utility in various fashions, I'm even designing an NFT collection currently in which the buyer does get a sublicense for the commercial rights to the media involved
Most of the criticisms towards NFTs are pretty dumb because it's an extremely open ended technology that can be almost anything, and can do basically almost anything too; NFTs with no utility do not actually sell for that much except for the "vintage" NFT collections from like 2017, the big selling NFT collections now all have an actual purpose one way or another, like unlocking content or being used to purchase something or to be staked to earn something
Here's a bunch of cool NFT collections that are not just a series of images:
The Doge Pound is a collection of 10,000 unique Doge NFTs on Ethereum Blockchain.
The Doge Pound NFT, also called 'OG Doge' within the community, is a collection of 10,000 NFTs (Non-Fungible Tokens) on the Ethereum blockchain. Every OG Doge grants members-only benefits, including early access to new releases from our gaming studio & partners, upcoming P2E games, conferences...thedogepoundnft.com
CryptoKitties | Collect and breed digital cats!
Collect and trade CryptoKitties in one of the world’s first blockchain games. Breed your rarest cats to create the purrfect furry friend. The future is meow!www.cryptokitties.co
CyberKongz
Welcome to an alternate reality, where evolution took a different route and weird apes roam the earth. Some appear normal. Some look weird. And some are just damn cool! Every CyberKong is unique and owns randomized items with different rarities.www.cyberkongz.com
Home - World of Women
World of Women: A community celebrating representation, inclusivity, and equal opportunities for all. United by a first-of-its-kind collection, featuring 10,000 artworks of diverse and powerful women.worldofwomen.art
Many of these NFT Collections above actually do give commercial rights to the buyers, have multiple functions, change over time, can be "bred" together to make new NFTs, and in general just have a broad road map of all kinds of features involved with the NFTs themselves beyond just being an image. I do not think the randos in here jumping on and hating NFTs are aware of how expansive and rapidly growing this space actually is, and to be honest, I've made this exact type of post like 5 times here on this board and still see the same people taking a dump on NFTs without probably even reading this post
Sure, the original is scarce. I guess I meant it doesn't impose scarcity by limiting access to the asset.
Personally I've been involved with a couple million dollars worth of NFT sales this year and I'm involved with all kinds of cool NFT projects that have utility in various fashions, I'm even designing an NFT collection currently in which the buyer does get a sublicense for the commercial rights to the media involved
Most of the criticisms towards NFTs are pretty dumb because it's an extremely open ended technology that can be almost anything, and can do basically almost anything too; NFTs with no utility do not actually sell for that much except for the "vintage" NFT collections from like 2017, the big selling NFT collections now all have an actual purpose one way or another, like unlocking content or being used to purchase something or to be staked to earn something
Here's a bunch of cool NFT collections that are not just a series of images:
The Doge Pound is a collection of 10,000 unique Doge NFTs on Ethereum Blockchain.
The Doge Pound NFT, also called 'OG Doge' within the community, is a collection of 10,000 NFTs (Non-Fungible Tokens) on the Ethereum blockchain. Every OG Doge grants members-only benefits, including early access to new releases from our gaming studio & partners, upcoming P2E games, conferences...CryptoKitties | Collect and breed digital cats!
Collect and trade CryptoKitties in one of the world’s first blockchain games. Breed your rarest cats to create the purrfect furry friend. The future is meow!CyberKongz
Welcome to an alternate reality, where evolution took a different route and weird apes roam the earth. Some appear normal. Some look weird. And some are just damn cool! Every CyberKong is unique and owns randomized items with different rarities.Home - World of Women
World of Women: A community celebrating representation, inclusivity, and equal opportunities for all. United by a first-of-its-kind collection, featuring 10,000 artworks of diverse and powerful women.
Many of these NFT Collections above actually do give commercial rights to the buyers, have multiple functions, change over time, can be "bred" together to make new NFTs, and in general just have a broad road map of all kinds of features involved with the NFTs themselves beyond just being an image. I do not think the randos in here jumping on and hating NFTs are aware of how expansive and rapidly growing this space actually is, and to be honest, I've made this exact type of post like 5 times here on this board and still see the same people taking a dump on NFTs without probably even reading this post
Let me know when you're the only one who buys and thus "owns" the next Matrix film... but then see everyone else watching it from a torrent.
So who decides which ID is the 'real' ownership ID of a piece of art? I mean, I assume the ID incorporates the hash of the image and the current time, so you could own the first / best image version, but what if I have a lower (or higher) res version of the image and try to create an NFT out of that?
This is from the World of Women licensePersonally I've been involved with a couple million dollars worth of NFT sales this year and I'm involved with all kinds of cool NFT projects that have utility in various fashions, I'm even designing an NFT collection currently in which the buyer does get a sublicense for the commercial rights to the media involved
Most of the criticisms towards NFTs are pretty dumb because it's an extremely open ended technology that can be almost anything, and can do basically almost anything too; NFTs with no utility do not actually sell for that much except for the "vintage" NFT collections from like 2017, the big selling NFT collections now all have an actual purpose one way or another, like unlocking content or being used to purchase something or to be staked to earn something
Here's a bunch of cool NFT collections that are not just a series of images:
The Doge Pound is a collection of 10,000 unique Doge NFTs on Ethereum Blockchain.
The Doge Pound NFT, also called 'OG Doge' within the community, is a collection of 10,000 NFTs (Non-Fungible Tokens) on the Ethereum blockchain. Every OG Doge grants members-only benefits, including early access to new releases from our gaming studio & partners, upcoming P2E games, conferences...CryptoKitties | Collect and breed digital cats!
Collect and trade CryptoKitties in one of the world’s first blockchain games. Breed your rarest cats to create the purrfect furry friend. The future is meow!CyberKongz
Welcome to an alternate reality, where evolution took a different route and weird apes roam the earth. Some appear normal. Some look weird. And some are just damn cool! Every CyberKong is unique and owns randomized items with different rarities.Home - World of Women
World of Women: A community celebrating representation, inclusivity, and equal opportunities for all. United by a first-of-its-kind collection, featuring 10,000 artworks of diverse and powerful women.
Many of these NFT Collections above actually do give commercial rights to the buyers, have multiple functions, change over time, can be "bred" together to make new NFTs, and in general just have a broad road map of all kinds of features involved with the NFTs themselves beyond just being an image. I do not think the randos in here jumping on and hating NFTs are aware of how expansive and rapidly growing this space actually is, and to be honest, I've made this exact type of post like 5 times here on this board and still see the same people taking a dump on NFTs without probably even reading this post
So basically, the people who made all of the PNGs that are linked to the NFTs continue to own them and can do whatever they want with them with no input whatsoever from the people who have purchased the NFTs. But if they do manage to find some way of commercializing these ugly PNGs and you buy one, they promise to pay you 50%. Nice "ownership" lol
When you screenshot an image it's recompressed and potentially resized, so it won't be exactly the same file. If you save the source file it's as identical as two digital files can be.
I see this use case come up a lot but I'm incredibly skeptical that the system can be useful and robust enough to see adoption. If the government is able to supervise the deed then what's the point of having it on-chain? On the other hand if the government isn't able to exert control over the deed then it would be ludicrous for them to recognise its legitimacy.
The most obvious difference is that physical copies are unique and will always be unique, digital copies aren't. How much stock you place in that varies from person to person and medium to medium. Of course if artists have started embedding the numbers into the actual image while I haven't been paying attention that's a different story, but stamping a series of identical copies with a number still doesn't quite have the same appeal to me.
When I screenshot an image in Firefox (using the browser's screenshotting feature, not Print Screen nor "right-click save"), it's saved to .png format, i.e. it's not recompressed
He solved it! He solved how to actually copy NFTs perfectly without any issue.
Check the hash and filesize of both.
lol
True, but doing it that way re-samples the image after it's gone through the browser's rendering pipeline and won't be guaranteed to be using the same PNG compression settings as the original. The pixels will probably be slightly different and the underlying binary in the compressed images will almost certainly be.
Well you mentioned compression which I didn't mention at all and quoted me lol
That's pretty much it.
