4 ms·

Why would anyone want a digital autograph? It is not like you can frame this in your living room - what is the appeal?

thrill 6y ago
Well, if you own the rights to something, you can control the commercial use of it (assuming non-commercial use is not worth the effort to restrict). I leave the commercial utility of Jack's first tweet as an exercise for others (because I have no clue).
- roywiggins 6y ago
  Sure, but that's a legal right that lives in law, not on the blockchain. And I'd be shocked if this NFT actually included that sort of ownership as part of the deal.
- VectorLock 6y ago
  I don't think NFTs almost ever attach any intellectual property or copyright ownership to possession of the NFT. It's more like a collectors card of some thing. Purely abstract.
sp332 6y ago
It's exclusivity. This is just creating something exclusive purely to be exclusive.
- pmlnr 6y ago
  Each and every output of `uuidgen` is exclusive...
  - sp332 6y ago
    Yes but these are hard to forge. This is like a PGP-signed UUID in a bittorrent.
    - pmlnr 6y ago
      Just because something can't be or hard to forge it doesn't mean there's any value to it. That's the madness behind the current trends: I genuinely fail to see value. Unique is not a guarantee for valuable.
      - sp332 6y ago
        Yup, and it would waste a lot less electricity too.
      - Turing_Machine 6y ago
        It's not just a current trend. > Unique is not a guarantee for valuable...That's the madness behind the current trends... Not sufficient, but maybe necessary, as the mathematicians would put it. Why would anyone pay nearly $9.5 million for this? https://en.wikipedia.org/wiki/British_Guiana_1c_magenta https://en.wikipedia.org/wiki/British_Guiana_1c_magenta It's certainly not great artwork (it's a crude hack job cranked out by a local printer when the shipment of real stamps didn't arrive on time). It's never been owned by anyone particularly famous (edit: well, the DuPont guy is somewhat (in)famous, but the stamp was extremely valuable even before he owned it). None of the people associated with its production are particularly famous. It doesn't play any kind of pivotal role in world history, or even the history of the former British Guiana. The only reason it's worth $9.48 million is that there is only one of them.
      - vallas 6y ago
        Restricting energy is a sign of broken civilization
        sp332 6y ago
        Yes, but you wouldn't believe the lengths some people will go to to avoid fixing it.
        pmlnr 6y ago
        Self-restraint is a sign of an evolved ego. Also: energy, or anything else, is not infinite. It HAS TO BE RESTRAINED.
  - qqii 6y ago
    Each and every output of `uuidgen` doesn't have meaning. "Value" is a human construct that requires interpretation of information to form a narrative and meaning. In contrast vanity tor addresses are valuable.
dreadlordbone 6y ago
At The International 2013 (a DotA tournament), in person viewers received "autographs" of the players that could attached to items in game. I told them on the Steam market place for almost $1,000.
- robryan 6y ago
  In that case there was scarcity in the game. A limited number of people could display these on their profiles/ complete a collection. Compared to a Tweet that anyone can view and that the buyer has no control over it doesn’t seem to be quite the same thing. A Tweet equivalent might be if the purchased Tweet was now only viewable on the buyers timeline.

Well, if you own the rights to something, you can control the commercial use of it (assuming non-commercial use is not worth the effort to restrict). I leave the commercial utility of Jack's first tweet as an exercise for others (because I have no clue).

roywiggins 6y ago
Sure, but that's a legal right that lives in law, not on the blockchain. And I'd be shocked if this NFT actually included that sort of ownership as part of the deal.
VectorLock 6y ago
I don't think NFTs almost ever attach any intellectual property or copyright ownership to possession of the NFT. It's more like a collectors card of some thing. Purely abstract.

sp332 6y ago

It's exclusivity. This is just creating something exclusive purely to be exclusive.

pmlnr 6y ago
Each and every output of `uuidgen` is exclusive...
- sp332 6y ago
  Yes but these are hard to forge. This is like a PGP-signed UUID in a bittorrent.
  - pmlnr 6y ago
    Just because something can't be or hard to forge it doesn't mean there's any value to it. That's the madness behind the current trends: I genuinely fail to see value. Unique is not a guarantee for valuable.
    - sp332 6y ago
      Yup, and it would waste a lot less electricity too.
    - Turing_Machine 6y ago
      It's not just a current trend. > Unique is not a guarantee for valuable...That's the madness behind the current trends... Not sufficient, but maybe necessary, as the mathematicians would put it. Why would anyone pay nearly $9.5 million for this? https://en.wikipedia.org/wiki/British_Guiana_1c_magenta https://en.wikipedia.org/wiki/British_Guiana_1c_magenta It's certainly not great artwork (it's a crude hack job cranked out by a local printer when the shipment of real stamps didn't arrive on time). It's never been owned by anyone particularly famous (edit: well, the DuPont guy is somewhat (in)famous, but the stamp was extremely valuable even before he owned it). None of the people associated with its production are particularly famous. It doesn't play any kind of pivotal role in world history, or even the history of the former British Guiana. The only reason it's worth $9.48 million is that there is only one of them.
    - vallas 6y ago
      Restricting energy is a sign of broken civilization
      - sp332 6y ago
        Yes, but you wouldn't believe the lengths some people will go to to avoid fixing it.
      - pmlnr 6y ago
        Self-restraint is a sign of an evolved ego. Also: energy, or anything else, is not infinite. It HAS TO BE RESTRAINED.
- qqii 6y ago
  Each and every output of `uuidgen` doesn't have meaning. "Value" is a human construct that requires interpretation of information to form a narrative and meaning. In contrast vanity tor addresses are valuable.

dreadlordbone 6y ago

At The International 2013 (a DotA tournament), in person viewers received "autographs" of the players that could attached to items in game. I told them on the Steam market place for almost $1,000.

robryan 6y ago
In that case there was scarcity in the game. A limited number of people could display these on their profiles/ complete a collection. Compared to a Tweet that anyone can view and that the buyer has no control over it doesn’t seem to be quite the same thing. A Tweet equivalent might be if the purchased Tweet was now only viewable on the buyers timeline.