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I hope this nft/ cryptocurrency think is over. It’s been over a decade now.
by guestbest 3y ago
I hope this nft/ cryptocurrency think is over. It’s been over a decade now.
- Fnoord 3y agoI don't like it at all (it isn't 'decentralized' when the content is on a centralized server), but when I think really hard on it neither do I like stuff like Panini, MtG, and FIFA. Ultimately, the RNG is just massively unfair due to sheer greed. If you'd have say three token rarities, common worth 0,05 USD, uncommon 0,20 USD, and rare 0,50 USD you're talking about values which are OK for kids. You'd get the rare one you like for 0,50 USD and you're good to go. Maybe you collect a couple more. But its optional, they're all affordable, you could give a barbie NFT as present and its a small present (heck, it IS a small/minor thing). That's not how it works though. The prices are through the roof and they want rich kids to be whales they can suck dry, and they'll feel special with their unique rarity other kids cannot or do not want to afford. They think they look cool, and if it gives power (like Messi, Ronaldo, or Black Lotus) then it isn't about skill anymore (uneven playing field). In short, the issue isn't merely NFTs (the 'decentralized' marketing hype is a scam within itself); it is bad RNG/odds. Which existed in casinos and fruit machines way before FIFA, MtG, Panini or any NFT existed.
- DANmode 3y agoWhen the hype is dead is when it'll have just begun. For many, it will be "over" - mostly the grifters and opportunists in the space.