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The Shared Storefront is OpenSea's proprietary NFT contract that artists can use to create for free on. OpenSea will allow you to create NFTs for free using the

The Shared Storefront is OpenSea's proprietary NFT contract that artists can use to create for free on. OpenSea will allow you to create NFTs for free using their centralized servers as a temporary backend and they only get minted on-chain if they sell. It's understood that the Shared Storefront is controlled by OpenSea. While it's a nice feature for beginner artists it is also frequently abused by scams and copyright violators and unoriginal dupes. High quality NFTs issue their own contracts and open source the code. I think they should open source the code for the contract and be transparent about it, but it's not surprising they maintain control over it.

nradov 4y ago
- throwaway98797 4y ago
  - luddit3 4y ago
    Who hasn't been hurt if you invested in NFTs in the past year.
    - throwaway98797 4y ago
      adults made adult decisions most lost money, some did not i don’t see anyone complaining about the millions of people losing their paychecks to state lotteries and i think that’s cool, they are adults. decisions have consequences. so to op, grow up and take responsibility for your actions.
      - AlexandrB 4y ago
        Does this also apply to some of the founders like Do Kwon or do they get an exception because they're rich?
      - josefx 4y ago
        > adults made adult decisions Weren't there game companies trying to market that NFTs to children? Also a lot of scams are flat out illegal despite "adults" making "adult decisions".
  - smegsicle 4y ago
    this is a grudge he still holds after overpaying for a pog back in 1998
- K0balt 4y ago
  The only thing I’ve seen attempting to give legitimacy to tokenization is the pruf protocol.
- Kiro 4y ago
  Why is low-effort bait like this being upvoted? Do people seriously want to have another off-topic flame war? It's like people are compelled to upvote generic sarcasm. Extremely disappointing.
  - jrm4 4y ago
    I get that it's simple, but at this stage, it's hard for me to suggest that it isn't true? It strikes me as presently generally accurate.
  - sumeno 4y ago
    Because it is accurate
    - Kiro 4y ago
      I agree but it's noise and has nothing to do with the topic. Why do you want to encourage that instead of actually discussing the article? I was glad to see it flagged and dead after my comment, but then someone even vouched for it. Like it's such an important comment that it needs to be heard. Even the premise is questionable (does quality presuppose it is moral?) but it's obvious what the parent means and commenting on it is just bait.
      - sdiacom 4y ago
        The article is about the low-quality implementation of platforms selling NFTs. I don't see how discussing the lack of quality of NFTs themselves, the "product" they sell, falls too far off the tree.
        Kiro 4y ago
        That's a really far-fetched and generous interpretation. The comment is obviously just sarcastic NFT bashing, picking up on the lowest denominator in the parent comment and not talking about the platform or article at all. Come on, we can do better. Instigating another generic NFT flame war is pointless and off-topic.
gilleain 4y ago
What makes a 'high quality' NFT, in your opinion or experience?
- next_xibalba 4y ago
  I sense a trap...
- smegsicle 4y ago
  i assume the implication is that successful/desirable nfts also tend to have a well-thought-out implementation, the union of which being hqnft
  - gilleain 4y ago
    perhaps, but isn't the desirability of something due to its (high) quality? how can its quality be measured from its desirability? seems the wrong way around
    - chrisco255 4y ago
      I am not talking about high quality art. That is fairly subjective. I am referring mainly to the smart contract itself. One should be able to audit the contract to understand the transfer mechanics. Most NFT contracts are forks of popular open source implementations of ERC721 such as OpenZeppelin's (https://docs.openzeppelin.com/contracts/4.x/erc721 https://docs.openzeppelin.com/contracts/4.x/erc721). You want to know things like max supply, mint mechanics, transfer mechanics, etc. And you want to be able to inspect the contract, such as this example: https://etherscan.io/token/0x1CB1A5e65610AEFF2551A50f76a87a7d3fB649C6#code https://etherscan.io/token/0x1CB1A5e65610AEFF2551A50f76a87a7...
      - gilleain 4y ago
        I did not mention art :) Ok, sure so 'quality' here is literally just the technical implementation of this pointer to a thing. Good to know, thanks.
- 4y ago

nradov 4y ago

throwaway98797 4y ago
- luddit3 4y ago
  Who hasn't been hurt if you invested in NFTs in the past year.
  - throwaway98797 4y ago
    adults made adult decisions most lost money, some did not i don’t see anyone complaining about the millions of people losing their paychecks to state lotteries and i think that’s cool, they are adults. decisions have consequences. so to op, grow up and take responsibility for your actions.
    - AlexandrB 4y ago
      Does this also apply to some of the founders like Do Kwon or do they get an exception because they're rich?
    - josefx 4y ago
      > adults made adult decisions Weren't there game companies trying to market that NFTs to children? Also a lot of scams are flat out illegal despite "adults" making "adult decisions".
- smegsicle 4y ago
  this is a grudge he still holds after overpaying for a pog back in 1998
K0balt 4y ago
The only thing I’ve seen attempting to give legitimacy to tokenization is the pruf protocol.
Kiro 4y ago
Why is low-effort bait like this being upvoted? Do people seriously want to have another off-topic flame war? It's like people are compelled to upvote generic sarcasm. Extremely disappointing.
- jrm4 4y ago
  I get that it's simple, but at this stage, it's hard for me to suggest that it isn't true? It strikes me as presently generally accurate.
- sumeno 4y ago
  Because it is accurate
  - Kiro 4y ago
    I agree but it's noise and has nothing to do with the topic. Why do you want to encourage that instead of actually discussing the article? I was glad to see it flagged and dead after my comment, but then someone even vouched for it. Like it's such an important comment that it needs to be heard. Even the premise is questionable (does quality presuppose it is moral?) but it's obvious what the parent means and commenting on it is just bait.
    - sdiacom 4y ago
      The article is about the low-quality implementation of platforms selling NFTs. I don't see how discussing the lack of quality of NFTs themselves, the "product" they sell, falls too far off the tree.
      - Kiro 4y ago
        That's a really far-fetched and generous interpretation. The comment is obviously just sarcastic NFT bashing, picking up on the lowest denominator in the parent comment and not talking about the platform or article at all. Come on, we can do better. Instigating another generic NFT flame war is pointless and off-topic.

gilleain 4y ago

What makes a 'high quality' NFT, in your opinion or experience?

next_xibalba 4y ago
I sense a trap...
smegsicle 4y ago
i assume the implication is that successful/desirable nfts also tend to have a well-thought-out implementation, the union of which being hqnft
- gilleain 4y ago
  perhaps, but isn't the desirability of something due to its (high) quality? how can its quality be measured from its desirability? seems the wrong way around
  - chrisco255 4y ago
    I am not talking about high quality art. That is fairly subjective. I am referring mainly to the smart contract itself. One should be able to audit the contract to understand the transfer mechanics. Most NFT contracts are forks of popular open source implementations of ERC721 such as OpenZeppelin's (https://docs.openzeppelin.com/contracts/4.x/erc721 https://docs.openzeppelin.com/contracts/4.x/erc721). You want to know things like max supply, mint mechanics, transfer mechanics, etc. And you want to be able to inspect the contract, such as this example: https://etherscan.io/token/0x1CB1A5e65610AEFF2551A50f76a87a7d3fB649C6#code https://etherscan.io/token/0x1CB1A5e65610AEFF2551A50f76a87a7...
    - gilleain 4y ago
      I did not mention art :) Ok, sure so 'quality' here is literally just the technical implementation of this pointer to a thing. Good to know, thanks.
4y ago