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This is about the only time I'll defend the modern idea of "NFTs". I want to show off the albums I bought to the world, ideally with some way to prove that I r
by solarkraft 3y ago
This is about the only time I'll defend the modern idea of "NFTs".
I want to show off the albums I bought to the world, ideally with some way to prove that I really spent money on them.
The albums are comparable to NFTs (though fungibility is arguable in both cases), with the caveat that the Bandcamp system is entirely centralized. If the company goes bust, so does my collection.
Though I appreciate that their ethics kept them from doing it, if anyone should've jumped on the NFT wagon, it should've been them. This would've detached the proof of ownership from the company and allowed a secondary market to exist (also important, should the company stop existing/change terms).
- prepend 3y agoI think there are systems like this like last.fm/audioscrobbler that already scratch this itch by logging every song you listen to. So you can show your interest in an artist by listening to them. I don’t want to buy an NFT to “show off albums I bought” as this seems like no real new value to me. I can already show off these albums I listen to (much better than just bought I think).
- solarkraft 3y agoThis probably relates to whether you put more value on money or your time. Personally, I don't want to collect all music that I listen to (which I can do for virtually free through streaming services). I also find the likes of last.fm cool, but for different reasons. I'm looking for the digital equivalent of a CD/vinyl collection, which these are not.