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It can costs upwards of 200 dollars to mint an NFT, and it's quite common to see artists who have minted several NFTs but not sold anything yet. I'd say the lik

It can costs upwards of 200 dollars to mint an NFT, and it's quite common to see artists who have minted several NFTs but not sold anything yet. I'd say the likelihood that poor people are being harmed is quite high.

CryptoPunk 6y ago
Those are temporary growing pains as demand for Ethereum block space exceeds supply, and will be solved with the ImmutableX NFT-focused zkRollup, which will increase Ethereum's maximum throughput from 15 NFT transactions per second to 8,000: https://www.immutable.com/ https://www.immutable.com/
- dorkwood 6y ago
  How temporary? I can't find a timeline on their website.
  - CryptoPunk 6y ago
    They say this month: https://www.immutable.com/blog/design-architecture https://www.immutable.com/blog/design-architecture
    - dorkwood 6y ago
      Oh, it seems like it's only for their card-trading game? So they're essentially saving themselves money on gas fees? I'm more interested in the fees affecting individual artists. > We’re sprinting towards March 2021. Immutable X alpha release is still expected in March 2021 for Gods Unchained, and coming to other partner games and marketplaces soon after.
      - CryptoPunk 6y ago
        Their alpha release only works with one card game, yes. Their platform is going to be open for every one eventually, though I don't know when that is expected to happen.
fortran77 6y ago
So you are saying there are "poor people" who are harming themselves (going without food, shelter, medical treatment) because they spent money on minting NFTs? If that's true, I will be more than happy to retract my statement. But I think I have little to worry about.
- dorkwood 6y ago
  Sounds like I won't be able to produce any evidence that will satisfy your criteria. I personally consider "tricking people into thinking they'll make lots of money if they spend hundreds of dollars minting NFTs" to be a harmful activity.

CryptoPunk 6y ago

Those are temporary growing pains as demand for Ethereum block space exceeds supply, and will be solved with the ImmutableX NFT-focused zkRollup, which will increase Ethereum's maximum throughput from 15 NFT transactions per second to 8,000: https://www.immutable.com/ https://www.immutable.com/

dorkwood 6y ago
How temporary? I can't find a timeline on their website.
- CryptoPunk 6y ago
  They say this month: https://www.immutable.com/blog/design-architecture https://www.immutable.com/blog/design-architecture
  - dorkwood 6y ago
    Oh, it seems like it's only for their card-trading game? So they're essentially saving themselves money on gas fees? I'm more interested in the fees affecting individual artists. > We’re sprinting towards March 2021. Immutable X alpha release is still expected in March 2021 for Gods Unchained, and coming to other partner games and marketplaces soon after.
    - CryptoPunk 6y ago
      Their alpha release only works with one card game, yes. Their platform is going to be open for every one eventually, though I don't know when that is expected to happen.

fortran77 6y ago

So you are saying there are "poor people" who are harming themselves (going without food, shelter, medical treatment) because they spent money on minting NFTs? If that's true, I will be more than happy to retract my statement. But I think I have little to worry about.

dorkwood 6y ago
Sounds like I won't be able to produce any evidence that will satisfy your criteria. I personally consider "tricking people into thinking they'll make lots of money if they spend hundreds of dollars minting NFTs" to be a harmful activity.