5 ms·
how is a NFT any more arbitrary than a hallmark card? both are "artistic" to a certain degree, completely useless after the purchase and initial exchange.
by pxue 5y ago
how is a NFT any more arbitrary than a hallmark card?
both are "artistic" to a certain degree, completely useless after the purchase and initial exchange.
- mathgorges 5y agoI would contend that a Hallmark card has usefulness after being exchanged. I can’t hang an NFT in my house. And doing so with Hallmark cards has tangible benefits to my well being. (the joy of seeing a thoughtful card with personal meaning, conversation starter if company is over, etc) Perhaps something will be invented to reproduce that experience for NFTs, but I haven’t seen it yet. edit: Format and speeling
- carnitine 5y agoI think someone ordering a print of an expensive NFT they can prove they own is quite realistic.
- lgvld 5y agoyeah that’s already a business actually: https://solidnft.com/ https://solidnft.com/ I met the founder a few weeks ago. He told me that some of his clients spend a few thousands for a 3x3 meters mural representing a NFT.
- dannyw 5y agoIt's the digital world now. I've been purchasing and equipping hats in TF2 for a decade. I bought a $300 digital item in 2012; plenty of people called me crazy but hey I see value in exclusivity.
- krrishd 5y agoI wouldn't personally buy an NFT for those purposes, but tons of NFT owners buy them to be able to use them as profile pictures. Yes, you can put any arbitrary JPEG as your pfp including an NFT owned by someone else, but it'd feel the same as wearing replicas of branded clothing (and people mostly just don't). That might not seem as meaningful as hanging them in your house, but I've watched it become that meaningful for a ton of people (as "irrational" as I think both NFTs and Hallmark cards are).
- lottin 5y agoThe NFT is sold under the false pretence that is somehow connected with some object of art, when in fact there isn't any such connection. This is what makes NFTs a scam.
- azemetre 5y agoYeah, when I realized you don't actually "own" it through any licenses it made me sour on the whole idea. Is there a reason why people couldn't be granted a license to do whatever they wanted with an NFT? Seems kind of arbitrary to do so, but I'm sure there's a reason why it's like that.
- Jxl180 5y agoBuying a physical painting doesn’t give you any licenses to the artwork itself either. Just because you buy a modern painting at auction for $30 million doesn’t give you rights to start printing T-shirts of the art.
- analognoise 5y agoYes it does. You own the art. (?) For that price, you're getting all the rights to it in perpetuity.
- Jxl180 5y agoThat is incorrect. You own the physical piece of art, not the copyright to the art. if I own an original sketch by Charles Shultz of Charlie Brown, that doesn’t give me any rights to the character of Charlie Brown. If an author gives me a handwritten, first draft manuscript of a new novel, I may be able to sell that physical manuscript but it doesn’t give me any rights to the work itself.
- lottin 5y agoBecause anyone can mint an NFT, whether they have a license or not, so it would require a bureaucracy to check the validity of the NFTs, and so on, in other words a central authority. And if the system relies on a central authority then it makes no sense to trade the licenses on a blockchain, as the blockchain only adds an unnecessary step. Skip the blockchain and go directly to the central authority.