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I love this because it highlights the absurdity of owning an NFT -- just like with these Olive Gardens, you're simply getting a pointer to another thing that yo
by warning26 5y ago
I love this because it highlights the absurdity of owning an NFT -- just like with these Olive Gardens, you're simply getting a pointer to another thing that you neither own nor control.
- heyitsguay 5y agoAh but not to worry, give the project enough money and they will definitely, totally give the NFT owners the assets that get purchased!
- mbg721 5y agoSomething had to highlight the absurdity of owning NFTs???
- rsecora 5y agoSelling shovels during a gold rush is the surest way to stay wealthy.
- nonameiguess 5y agoYou probably say that jokingly, but California's first millionaire, and the actual richest man from the real gold rush, Samuel Brannan, never owned a single plot of land with gold in it. He popularized the fact of gold's existence, getting everyone to come, and sold them the shovels and pans, at extremely high markups, due to monopolizing the local retail markets.
- Wiseacre 5y agoHis descendants must be the the creators of kubernetes.
- noduerme 5y agoThis is more like selling shovels during a pandemic.
- mbg721 5y agoActually, selling masks during the Gold Rush might have been good for some of the diggers' lungs.
- olliej 5y agoAh but after the stage 5 RPG (console tba), stage 7 gives them ownership of the parent company :D
- NationalPark 5y agoTough to find a partner for an $18bn LBO… maybe SoftBank would be interested
- munk-a 5y agoI don't know what you're talking about - I'm totally non-ironically putting all of my savings into this. Olive Gardens are an American institution that is permanent and immovable - owning an Non-Fungible Olive Garden Token (NFOGT. See - it's the OG) is, it thus follows, an asset that is going to be stably locked to the value of OGs thus yielding a stable long term investment. At no point could anyone create, say, an NFOGTv2 which is literally the exact same thing except re-issued to make more money. We all know that NFTs are unique and thus must never be duplicated - it's part of that blockchain stuff. NFOGTs are a sound investment for a better tomorrow. PS: Please buy mine - the market price has already dropped 99% and my wife is wondering where our kids' college fund just went.
- andkon 5y agoI will give you one breadstick (real)
- 2pEXgD0fZ5cF 5y agoA real breadstick will just spoil eventually, or be gone once eaten. I recommend gifting him the NFT of a breadstick instead, it will never spoil, and with that he will be able to show everyone that he owns a breadstick (somewhere). With that the possibilities are endless, other restaurants could use that to verify that he does, indeed, own a breadstick, and give him real breadsticks for free!
- throwthere 5y agoWhat happens if the breadstick your nft points to gets eaten? Some sort of use after free?
- 2pEXgD0fZ5cF 5y agoSure someone could eat the breadstick, but let's focus on what's important here, just because someone eats the breadstick doesn't mean they own the breadstick!
- photochemsyn 5y agoPointers you say? I think there's room in the market for a pointer to a pointer, (C programming is fun!), I think this could be called, ah, NFT(squared). They had those CDO(squared) financial instruments in the runup to the 2008 economic subprime collapse. Also, how about a synthetic NFT market?
- mmphosis 5y agoIf you're interested, I'll sell you a handle. A handle is a reference or pointer to a pointer. It was Locked, and now Unlocked and now Released. You can still buy it but don't try to use it, it will probably SegFault
- Animats 5y agoThere are NFTs which have smart contracts with a kickback to the creator when they are resold. Wrap those in another smart contract and trade the wrapped owner NFT instead to avoid the transfer fee.
- alanlammiman 5y agointeresting. the equivalent of holding companies to avoid stamp duties and so on
- potatolicious 5y agoWhy stop at a pointer to a pointer? We can make an array of pointers too, so we can aggregate the value of multiple NFOVs in a basket (of breadsticks, if you will). In theory we can aggregate an infinite number of NFOvs in a single basket (like an unlimited basket of breadsticks). After all, the only thing safer than not-owning an Olive Garden would be not-owning fractions of multiple Olive Gardens - diversification is the root of wise investments. Moving all of these NFOVs around is productive economic activity of course - we're engaging in the noblest of endeavors: providing liquidity to markets. We're heroes!
- duderific 5y agoAnd then, of course, baskets of baskets
- knownjorbist 5y agoNFTs don't need to have metadata at all, such as a pointer elsewhere.
- alanlammiman 5y agowell it depends on the license. An NFT of an olive garden may be meaningless, while an NFT of an artwork with a license that says the NFT buyer has all rights to the art may be meaningful. And in theory you could make an NFT of an actual Olive Garden - it would simply be a digitised bearer share. But bearer shares are mostly illegal nowadays to prevent money laundering.
- mherdeg 5y agoWas there a science fiction story with a plot point that involves aliens traveling to Earth to hand over a bunch of stuff to a human who was listed in the International Star Registry as the owner of a distant and cosmic-politically-important star system, and then hijinks ensued? Or did I just have a dream about it? Was something like that in the Three-Body Problem novels maybe?
- losvedir 5y agoOh man, you're definitely not dreaming. That really rings a bell for me, too, but I can't place it. Maybe one of the Hitchhiker's Guide books? Definitely doesn't feel like Three-Body Problem to me. Those were much more serious.
- gizmo686 5y agoPerhaps: https://old.reddit.com/r/WritingPrompts/comments/qba11n/wp_the_intergalactic_trade_summit_came_to_a/ https://old.reddit.com/r/WritingPrompts/comments/qba11n/wp_t...
- MattSayar 5y ago100% agree, however that didn't stop me from wondering if the creator of this site was smart enough to create this same website but find/replace "olivegarden" with "<insertfranchisehere>" x100