13 ms·
Can someone get busy wrapping endangered species as NFT's and direct the funds accordingly, timing seems about right...
by tudorw 6y ago
Can someone get busy wrapping endangered species as NFT's and direct the funds accordingly, timing seems about right...
- tudorw 6y ago'Virtual Trophy Hunt', the Big 5, surely owning a Lion gives you serious flex these days? Not much more genuinely limited edition than an Iberian Lynx.
- epanchin 6y agoA token that needed a regular transfer of funds to retain ownership would be really quite neat. A contract that showed I am the adoptee of Harry the gorilla, and provides a regular income for the charity. If I can’t keep up the payment I sell the token. Fail to pay or sell the token and it reverts to the charity issuer.
- viraptor 6y agoYou can do that without the NFT right now with many charities. If you want it publicly visible you can tweet your receipt.
- tudorw 6y agoYes, but I cannot buy, sell and speculate with that.
- ilikehurdles 6y agoWell you can put the tweet up for sale or auction on eBay. Just like with NFTs, you wouldn’t actually be transferring the underlying asset, nor would the tweet actually be hosted within eBay (or an NFT chain) for some kind of archival purpose, nothing stops you from selling it again on Amazon or Craigslist or any other marketplace (or another NFT). If Amazon, EBay, or the company behind the NFT decides to close up shop, that’s it for your listing. Heck, just as with NFTs, you could put tweets you don’t even own in your listings, since you’re really just selling the listing with some media linked in it rather than transferring the media or the rights to it. The problem of course is the word crypto doesn’t appear in any of the traditional platforms, so no hype/demand exists for your tweets there. Those users have also over time not only been trained to recognize scams, but are provided with a little bit of buyer protection if they end up buying something you couldn’t really sell them in the first place.
- colejohnson66 6y agoYep. Take a look at Jack Dorsey. He’s “selling” the first ever tweet as an NFT and it’s currently at 2.5 million dollars.[0][1] But what does that even mean to “sell” a tweet? It’s still visible to everyone at its permanent URL.[2] What’s stopping Jack from just auctioning it off again later? [0]: https://www.cnet.com/news/twitter-ceo-jack-dorsey-is-selling-his-first-tweet-ever-as-an-nft-worth-millions/ https://www.cnet.com/news/twitter-ceo-jack-dorsey-is-selling... [1]: https://v.cent.co/tweet/20 https://v.cent.co/tweet/20 [2]: https://twitter.com/jack/status/20 https://twitter.com/jack/status/20
- nerdponx 6y agoI don't believe this at all. If Jack Dorsey sold the "rights" to the first ever tweet, I'm confident someone would pay at least $1 million for it, even without an NFT involved. The fact that there's an NFT involved makes it more valuable, because now the buyer can show off in more ways than one. But that's it. There have always been, and always will be, rich people with more money than sense, who want to demonstrate their great wealth and worldliness by buying silly stuff to show off with.
- arrosenberg 6y agoNot a judgement, but speculating on charitable giving is the worst idea I've ever heard.
- nerdponx 6y agoWhy do people say stuff like this? You don't need email either, just write a letter or send a fax. The point is that here is a piece of new technology that's part of a new vision for the future. Maybe you think it's an unrealistic vision, but that's no reason to sneer at people who disagree with you.
- viraptor 6y agoEmail is easier and provides more features than a letter or fax in most cases. (With both still having some use in specific cases like personal messages or gov regulated messaging) NFT is harder and doesn't seem to provide any features over current donations. (It's actually worse due to unstable exchange rates and large fees) Unless the vision provides benefits we did not have before I will continue to sneer at "the same thing but on blockchain" ideas.
- nerdponx 6y agoSome people think it's a good idea to have a distributed, immutable ledger for stuff like this, with the ability to make payments without depending on a handful of individual corporations like Paypal and Visa. The fact that it's "blockchain" is immaterial except that blockchain happens to be the technology that makes it possible. There's so much knee-jerk opposition to "blockchain" stuff just because some nerds get too excited about it (and some people are trying to get rich off it). It makes no sense to me.
- viraptor 6y ago> Some people think it's a good idea to have a distributed, immutable ledger for stuff like this Ok, still - what's the benefit of that in the discussed context (donations to an organisation preserving wildlife) which they can't easily provide with existing programs? (Accepting the payment is slightly unrelated - if they want donations via cryptocoins, there's a bunch of payment gateways they can enable today)
- nerdponx 6y ago
- jayp1418 6y agoYou can just delegate Cardano's ada and give those as Charity. Or check Wozx which is trying to bring efficient energy to industries so while helping animals you help save climate as well.
- hanniabu 6y agoThere's streaming (https://sablier.finance/ https://sablier.finance/), I'm sure this could be used. Although I'm not sure how it would be used in the NFT aspect. Maybe they could be used for gaming mechanism. "Upgrade your gorilla to a larger environment!" "Unlock a new toy!"
- o_m 6y agoOr take the adoption a step further and create an unique NFT for each Gorilla
- tudorw 6y agoThat's along the lines I was thinking, then they could be freely traded by collectors with some kind of profit share going back to those in a position to help.
- edoloughlin 6y agoCan someone get busy wrapping endangered species as NFT's and direct the funds accordingly' Can't help but wonder how much habitat is destroyed by the generation of a token.
- tudorw 6y agoEnergy usage is a recognised issue and while it offers challenges they are understood and developers are keen to address this. If you want to start deconstruction of the industrial military complex that would be just fine and might really start to change things, until then I argue there are more worthy targets for your ire than the energy use of an emerging technology.
- tudorw 6y agoWhich token, which platform, there are more than 1
- MR4D 6y agoGorillaCoin (tm).
- jonfw 6y agoThis is like saying that pollution is a recognized issue with fossil fuels and while it offers challenges they are understood and engineers are keen to address this. There aren't always easy solutions and you can't hand wave aside a massive problem because 'our best people are on it'
- agumonkey 6y agoOh I can foresee a lot of old legendary trees as NFT
- yitchelle 6y agoA bizarre scenario would be a digital photo (NFT of sort) of the rare animal becomes extremely high value, and end up causing the animal to be extinct.
- ethbr0 6y agoTo be macabre, genetic sequencing an animal and then eradicating the species would increase the data value. Thankfully, posting an open sequence on the net would remove the rationale for the horrible part of that sentence.
- SyzygistSix 6y agoMost likely the anti-poaching squads will get better funding. As it is they are poorly paid and do a lot of work with shabby equipment.
- scotty79 6y agoNFT doesen't work like that. After minting it has nothing to do with the initial cause. It could work if they released and auctioned new NFT for each gorilla periodically.
- colejohnson66 6y agoBut the person who the money/etherium is sent to could be the charity, no? As in, people donate their digital art or whatever to a charity and the charity auctions off the NFTs to raise money. That’s the way real life charity fundraisers sometimes work: you donate a physical object and they sell it to raise money. The benefit over you selling at and donating the money is that you don’t have to deal with selling it. The usage of NFTs here would be to take advantage of the mass hysteria(?) surrounding them to drum up the price.
- elliekelly 6y ago> The usage of NFTs here would be to take advantage of the mass hysteria(?) surrounding them to drum up the price. You said the quiet part out loud!
- hanniabu 6y agoYeah, yearly support tokens for each gorilla
- vidarh 6y agoYou "just" need to tie each NFT to a specific gorilla and raise enough to find someone willing to sell an annuity tied to the expected lifespan of said gorilla. Or just raise enough for the average investment returns from the one-off sales to fund the charity.
- TigeriusKirk 6y agoAn NFT could work like that, though. There's nothing stopping someone from writing an NFT smart contract that directs a percentage (of any size, including 100%) of future sales to the initial cause. The NFT standard itself is quite basic, nearly every NFT people talk about are controlled by smart contracts that expand on the standard.
- xattt 6y agoHow about seniors living in long-term care to improve their living conditions as well?
- geoduck14 6y agoThey don't count. Let them wallow in their isolation.
- patentatt 6y agoI take this as a joke, but ... you may actually be on to something here. Like, seriously.
- plumeria 6y agoIt would be cool for trees in, for example, the Amazon and Madagascar. I would like to sponsor a Tahina spectabilis in its habitat.
- internetslave 6y agoHomes this is a great idea.
- arcsincosin 6y agoYes, this exists! [1] [1]: https://wildcards.world/ https://wildcards.world/