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This is why Ethereum is so important. With technology like NFTs, it creates a common, standard platform for these companies to build on.
by serverholic 5y ago
This is why Ethereum is so important. With technology like NFTs, it creates a common, standard platform for these companies to build on.
- Andrew_nenakhov 5y agoNFTs, aka StarCatalog 2.0 where you can pay some database owners to keep a record of your name next to some set of data?
- serverholic 5y agoYes a database of digital assets that you control. Forcing facebook to use a standard instead of full lock-in is good IMO.
- nivenkos 5y agoHow do NFTs help in any way?
- serverholic 5y agoAn NFT can represent any digital asset. Digital assets are a key part of any "metaverse". If NFTs become the standard then you could theoretically take your assets off Facebook into another Metaverse without losing your items. NFTs help avoid lock-in and put pressure on Facebook to play nicely with others.
- nikk1 5y agoI am shocked how this stuff hasn't made its way into HN yet. Everyone PLEASE DYOR and start by researching Cryptopunks and Bored Ape Yacht Club, you can spread out your NFT horizons from there.