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The concert organizer acts is an inherent central authority. The whole problem is easily solvable with a QR code and a web API. Using a trust-no-one arctic-mel
by pornel 5y ago
The concert organizer acts is an inherent central authority. The whole problem is easily solvable with a QR code and a web API.
Using a trust-no-one arctic-melting decentralised layer on top of a thing that is inherently decided by a single real-world entity makes no sense whatsoever.
- paraknight 5y agoI think that the true value of NFTs will come from interoperability, where there is no central authority, and you can treat it as a sort of cross-platform standard for verifying ownership of digital assets. This doesn't really apply to concert tickets (except if someone grants some special privileges to people who went to a certain concert in some unrelated virtual space), but there are advantages to not centralising authority for certain things (say, domain name ownership, why should ICAAN control that).