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nfts are terrible. You're buying a url. what if that nft company disappears? Unless an artist or creator makes the nft how do they benefit? I hope people get d
by jimjimjim 5y ago
nfts are terrible. You're buying a url. what if that nft company disappears? Unless an artist or creator makes the nft how do they benefit?
I hope people get distracted by the next squirrel that passes by and nft's fade into nothingness.
- Kiro 5y agoThe URL is meaningless. The act of NFT Y being minted by X is what matters, even if the URL stops working. The value relies on a social contract.
- elevenoh 5y agoI can buy digital rights to anything via nft. I can buy a land property title. The whole point of blockchains like Ethereum is to not 'disappear'
- chrisco255 5y agoA lot of NFTs are backed by IPFS URLs. Some are pure on-chain SVGs. But even the ones that are mere API URLs are still far superior to arbitrary, closed-standard in-game proprietary marketplaces that prevent user ownership and exchange of digital assets they've earned. What if Steam rugpulls your game that you spent 2 years of your life working on? Can't do shit about it. Say what you will about crypto but plausible neutrality of the platform itself is a huge win for content creators and users.