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You are missing some of the functionality you say you can’t do. You can. You missing permanence and open marketplaces aspects of it. I don’t own or think BAYC i
by randomhodler84 4y ago
You are missing some of the functionality you say you can’t do. You can. You missing permanence and open marketplaces aspects of it. I don’t own or think BAYC is a great thing, but as a membership token to some club it’s as good as a Costco card. and then someone did raves for Costco members.
- danaris 4y agoIf someone wanted to make a "Rave Club" and sell lifetime memberships, they'd be trivially able to do so without involving a blockchain of any kind.
- randomhodler84 4y agoIn such a way that records would be preserved past the dissolving of the original issuer? In a way that doesn’t touch the existing financial system? In a way that permits trust less exchange of memberships? Of course anything can be done without a blockchain, but it has trade offs. Not understanding the trade offs will drive you towards centralized solutions.
- danaris 4y agoWhy would Rave Club care if the Rave Club membership data doesn't survive past the dissolution of Rave Club? This seems very much like the argument that, say, Blizzard would build support for NFT-based items into WoW so that people could buy NFTs outside of WoW and transfer them into the game (or buy them inside of WoW and still be able to use them elsewhere even if they quit playing WoW). Sure, it might have some value for the customers, but there's negative incentive for the actual companies to do it.
- nradov 4y agoEveryone here understands the trade offs. There is zero benefit to a blockchain for this use case.