b3ta.com board
You are not logged in. Login or Signup
Home » Messageboard » XXX » Message 11364618 (Thread)

# As someone who both collects and creates NFTs, and with a healthy skepticism too
...I can say that the value is not really in the artwork, it's in the hash (so pretty much code). You are paying for a string numbers, of which the artwork may or may not be secondary. The number is a signifier or uniqueness, not the artwork. Pretty silly to pay for a string of numbers? Well, yes I suppose. But sillier than paying for a piece of paper used to post letters? Or sillier than countless other things people like to collect? Just because it's in the digital realm and not physical?

Another interesting thing with NFTs is the code enables more than just jpegs on blockchain. They can be used as keys to open things or membership, they can be used as in-game assets, they can be used a digital identity avatars in metaverse worlds.

I get the hate, but also a lot of it of comes from a position of some ignorance...
(I helped save b3ta! ProjectWeasel The Bird is the Word, Fri 8 Apr 2022, 10:22, archived)
# As someone who both collects and creates NFTs, I would like you to send me your bank details
(I helped save b3ta! mofaha ┐( ˘_˘)┌ ʅ(́◡◝)ʃ, Fri 8 Apr 2022, 12:39, archived)
# hate really is too strong a word
for the profound but fleeting contempt felt by most people for those who play any part in the nft market.
i have no problem with the concept - i think it's a very clever application of blockchain - but unsurprisingly, it's just another chapter in the history of human cuntery.
 
and just like that, i couldn't care less.
(ozof, Fri 8 Apr 2022, 12:50, archived)
# I appreciate the explanation, which somewhat confirms my idle speculation about it
good luck to you, though I suspect as with bitcoin those coming late to party will find people have had their fun, left, and pissed in the punch.
(I helped save b3ta! cumquat may will not be commenting further on the allegations, Fri 8 Apr 2022, 15:08, archived)