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Twitter Rolls Out NFT Profile Pictures
- thatguy0900 5y agoWhat a dystopian future. Humanity is finally maybe glimpsing a scarcity free society and people literally fall over themselves to reinvent scarcity out of nothing.
- Spivak 5y agoWithout scarcity trading cards aren't as fun, same with rare loot in video games. This is that but for Twitter profile pictures. Can't really hate people for having fun with social media's Black Lotus card.
- _aavaa_ 5y agoScarcity free sounds nice for the digital goods, but people who make digital content still need to find a way to get paid too afford all those scare physical goods.
- libertine 5y agoUp until now no one who made digital content: art, games, ebooks, newsletters, 3D assets, etc, ever made a single cent? If it wasn't for NFTs no digital goods would be monetized?
- jdashg 5y agoDigital artists already get paid, primarily via paypal and patreon. (including internationally) I know this because I pay my digital artists already, primarily via paypal and patreon. (including internationally) I also know this because I have friends who are digital artists who receive payments for goods and services, primarily via paypal and patreon. (including internationally) It's an outsider view that artists have any serious payment problem outside of a tendency to set their prices too low out of modesty/imposter syndrome. (which is a common problem for many kinds of independent contractors)
- dataangel 5y agoWe've never not had scarcity for digital goods, you just have to look at it at the level of the producer rather than a specific digital goods. You can have unlimited copies of the same jpeg once it exists, but there has always been a scarcity of human beings to produce new original art. Enforcing scarcity of the former is just a trick to deal with scarcity of the latter.
- Scea91 5y agoSo basically billions of dollars invested in NFTs solve the problem of not having enough profile pic jpegs to choose from?
- rytill 5y agoThere is no such thing as a scarcity-free society of humans. Who gets to be king? Who mates with who? Who is friends with who? Who is the Biggest Fan of <celebrity>? Social graphs have scarcity built-in. Time, attention, and influence are permanently scarce and valuable.
- fbrusch 5y agoDigital scarcity seems like a fundamental concept also in the digital realm. Consider games: if you only have a certain number of weapons, lives, or limited time, isn't that digital scarcity? If you play capture the flag, the fact that there is only one flag, and only one team can "own" it at any one time, isn't that digital scarcity? Aren't the points you get from sweating arbitrarily "scarce"? Or isn't the first position a ranking "scarce"? It seems to me that scarcity is at the heart of many fundamental social mechanics, be they physical or digital.
- BaconPackets 5y agoIt's shiny Pokemons cards, but worse somehow.
- llimos 5y agoI, for one, am very happy for people with money to burn to waste it on crypto nonsense and NFT's rather than real estate.
- Hamuko 5y agoSo that people make more crypto and NFTs instead of developing more housing?
- llimos 5y agoSo they can push up the price of crypto and NFT's instead of pushing up the price of housing. Real estate is a zero-sum game since there is a finite amount of land and it's controlled by the government. Many many people wish they could develop more housing, but they can't.
- endomorphism 5y ago
- deleted 5y ago[deleted]
- chottocharaii 5y agoDevelopment of land increases living space … More lucrative apartment prices ensure more profitable development …
- _aavaa_ 5y agoyes, but more profitable development does not ensure more affordable developments
- Scea91 5y agoIt is not a zero sum game. There are just finite resources, but that is nothing unusual. In the grand scheme of things there are finite resources in every physical system.
- armchairhacker 5y agoWhat stops people from putting a screenshot of the NFT as their profile picture?
- Hamuko 5y agoHopefully their dignity.
- mdoms 5y agoThey're hexagonal in shape so I guess it wouldn't be possible to make it look right on all colour schemes.
- ehsankia 5y agoYou could copy the jpg and mint yourself an NFT with it. It wouldn't have the same provenance, so obviously people could manually check, but it would probably fool the majority of people on Twitter.
- dmarcos 5y agoOn Twitter, NFTs show as an hexagon and you can find the provenance on the user profile (collection, associated contract…) One can indeed copy the art and re-mint a new NFT but a single click on the user profile will reveal it’s not the authentic one. e.g: Click / Tap on the profile picture to see NFT provenance info https://twitter.com/jrartspace_nft https://twitter.com/jrartspace_nft
- 5y ago
- jsheard 5y agoKudos to Twitter for marking crypto enthusiasts in a machine-readable way so they can be automatically dealt with https://twitter.com/BetterTDeck/status/1484233899920150529 https://twitter.com/BetterTDeck/status/1484233899920150529
- deleted 5y ago[deleted]
- nonftsplease 5y ago[dead]
- dvngnt_ 5y agohaha i think that's funny, but i also have concerns of elitism in which entire groups of people are being muted just because of their interests/appearance and not the content of their tweets. this is coming from someone who doesn't see NFTs potentially being art, but i might be interested in it for decentralized concert ticket sales
- HelixEndeavor 5y agoticket sales makes sense, as all NFTs really are are receipts.
- jsheard 5y agoIn my experience interest in crypto and content of Tweets are strongly correlated - the bulk of their Tweets will be shilling for whichever crypto projects they're trying to pump. "Crypto Twitter" as a whole is just a cacophony of grifters shouting over each other trying to get noticed. There's precious little of value to be lost by filtering that out.
- dvngnt_ 5y agoyeah i could see how that can be annoying. maybe muting accounts with in their posts would help
- 8note 5y agoBased on the verified checkmark, I'd assume there's some minimum ad spend to retain ownership of the nft?
- mikewarot 5y agoI can make an pseudo-NFT for about $1.20... print a digital image on a piece of paper, making sure to include the Serial Number of a US Dollar Note in the image. Staple the real US dollar note with that Serial Number to the print of the image. The paper/dollar object is now not fungible, and is a token. ;-) I real NFT is the same thing, but with a tiny bit of cryptocurrency instead of the US dollar. [Edit] - A did it, and made a blog post about it - https://mikewarot.blogspot.com/2022/01/whats-all-this-nft-stuff-anyway.html https://mikewarot.blogspot.com/2022/01/whats-all-this-nft-st...
- carnitine 5y agoNon-fungible physical items have existed forever, the whole point of NFTs is (attempting) to do this digitally. The Mona Lisa is not fungible.
- mikewarot 5y agoNone of the normies understand what it is, so I provided an explanatory illustration. It clears up a lot of the mystery. Why anyone would pay for an NFT of a digital photo is beyond me. It conveys no actual value other that the small chunk of Ethereum, bitcoin, whatever, it is anchored to.
- deleted 5y ago[deleted]
- mawadev 5y agoI'm sure the internet accepts the new normal in a week and starts defending it religiously, now that their social media platform overlord has decided on what's normal.
- HelixEndeavor 5y agoNew way thing to bully NFTards over just dropped.