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I appreciate it isn't exactly like (hence why I merely said "more like" ;P). I think people are way too focused on the idea of the value of these NFTs going up
by saurik 6y ago
I appreciate it isn't exactly like (hence why I merely said "more like" ;P). I think people are way too focused on the idea of the value of these NFTs going up in value: most of the discussion about why they are actually valuable in the relevant communities is merely as an alternative to Patreon-style interactions. (And so like, I totally agree that a lot of scams are being built over them: I am just defending why the "cool story" part actually is worth real value to some people.)
- kibwen 6y agoYes, I could have been more clear: I was trying to suggest that if someone wants to give money to an artist in the form of a Patreon-style interaction, then they can just... donate. :P It's clear to me that the hype is precisely because people want their tokens to appreciate in value; you can design a non-transferable-token if you want to give patrons the "cool story" without muddying the waters with pseudo-investment shenanigans (of course, I suppose at this point there's nothing stopping anyone from issuing an NFT on your NTTs, sigh...).