NFTs
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- dkoblesky-1
There was not even an NFT thread here in QBN about a month ago....now it is six pages already....lol.....this NFT thing is insane
- grafician-2
lol at this point, just slap a "Connect Wallet" button to DeviantArt and call it a day
- akiersky-2
- _me_-4
- 3D rectum. ARTbabydick
- if you got smacked in the face it meant it didn't fly over your head._me_
- Chill, buddy. I have nothing against 3D assholes, but let's be honest - NFT is a fucking joke (at least right now).babydick
- $5,000!!!
WATProjectile
- NBQ00-1
Also COTD: https://www.instagram.com/p/CMfj…
- grafician-5
"The NFT market is cooling off
NFT sales volumes, prices, and active market participants have all steadily declined after peaking in January this year. Was it all just a fad?'
- such a jokeKrassy
- it was a marketing ploy to drum up ETHKrassy
- Id pay for the original .gif or .psd of rainbow toaster catteh
- Nyan Catteh
- ^here you go: http://www.nyan.cat/…
Download, then open it in Preview on Mac, you'll get all the frames lolgrafician - start preparing to sell prints again suckers!grafician
- Buy Buy Buy!!!utopian
- grafician-4
"Total usd spent on completed primary market sales."
Primary and Secondary Sales USD
https://nonfungible.com/market/h…
Some more articles declaring the "market" finished:
https://finance.yahoo.com/news/a…
https://protos.com/nft-market-bu…
https://cryptoboom.com/news/nft-…
https://www.financemagnates.com/…
https://markets.businessinsider.…
"NFTs have seen their fair share of critics after gaining popularity this year. Ethereum co-founder Anthony Di Iorio told CoinDesk in early May that he believed the NFT market had become saturated, and there were a lot of projects that he didn't "find very sexy at all.""
- Market isn't finished, it just needs a cleanup.microkorg
- clean up how? most traded are crypto punks...is there anybody else making any money from NFTs? How much exactly?
$5M per day volume is nothinggrafician - From these graphs and others the conclusion would be there was never a "market" - all just hype to inflate crypto for a few months...grafician
- ...and now that crypto is down, NFTs are getting back into obscurity.
Any viable explanations based on data and reasonable conclusions?grafician - *At the moment, by far the hottest thing in digital art is glorifying crypto coin moguls. It's literal blockchain-art, that lavishes flattery on cryptocoin brosneverscared
- or their wondrousness. Not the sign of a healthy social order.
*Very Trumpistan, though; you can see why it's thereneverscared
- microkorg-4
I don't think NFTs are going anywhere, they are definitely here to stay and we'll see them becoming more mainstream especially now that the gaming industry and now the film industry is making moves in NFTs.
Saw a few posts on social yesterday that have inspired this rambling. I thought that some of these points might help illustrate uses for NFTs that non-believers may feel more 'legit' or understandable than 'buying a jpeg' ;)
NFT in the MOVIES
'Zero Contact' with Anthony Hopkins is the first movie where you will need to own the NFT to watch the movie. This is a pretty piss-poor implementation of the technology IMO.
But what about, you get a ticket for the cinema to watch the film, you opt for the slightly more expensive 'NFT Ticket' option. This is a contract on the blockchain to say you have a right to this movie. Then going forward, whichever platform you use for streaming movies - Netflix/YouTube/Amazon/Sky etc you will ALWAYS have free access to this film.NFT in Games
Will be huge! Gamers are already used to paying money for a token that says they have ownership of something that isn't physical - weapons, cars, coins, level-jumps etc.
Proof of ownership of items on the blockchain could, like the movies, allow for multi-platform ownership or even integration (e.g the NFT artworks you own hang in the home of your GTA character).
https://www.lexology.com/library…NFTs as Social Currency
Quoting "NFTs will become a fundamental part of social currency in the future. NFTs are non tangible, but they have the potential to carry more weight than something like a physical painting because of it's online presence and social status. Like a blue check mark on Twitter - flexing your NFTs can be a way to communicate your status and wealth"This is happening now - big stars grabbing CryptoPunks and BAYC Apes to flex.
Documents & Records
In 2019 South Korea very successfully introduced on-blockchain driving licenses.- NFTs in Games
https://youtu.be/ko2…microkorg - Nah
Chillgrafician - Will be huge!
Fuck off and fuck your NTFsbabydick - NFTs*babydick
- NFTs in Games
- grafician-3
here you go, the code for an NFT platform LOL
https://github.com/rgab1508/Open…
"Open Store is a NFT marketplace where traders can buy and sell NFT tokens through the usage of ethers and track the ownership of digital assets.
Problem it Solves
Duplicate Asset Problem: Duplication of digital assets is not possible due to non fungibility of NFT's.No Tampering of Data: No one can easily tamper the data as the data is stored on the blockchain.
Quick Transactions from Polygon: Polygon provided us with quick transaction speed which boosted the User Experience of our website.
Ownership Record Maintainance: Ownership can be tracked easily as smart contract passes the ownership from the seller to buyer directly.
Data Storage problem of Blockchain: Blockchain can't be used for storing media files for media assets in an efficient manner, so we used IPFS for digital assets."
- shapesalad-1
NFT jobs are becoming a thing:
https://www.crypto-careers.com/j…
- Salarrue-1
NFT oligarchy? A study of 6.1M NFT trades finds a few folks at the center of the market
The top 10% of traders account for 85% of transactions & trade at least once 97% of all assets
10% of buyer–seller pairs have the same volume as the remaining 90%
- zaq-1
So far, at least 7 types of NFTs have been categorized.
https://twitter.com/cdixon/statu…
tdlr:
1. Art
2. Music
3. Access
4. Game objects
5. Redeemable
6. Identity
7. Web2 databases
- rybo-1
- microkorg-1
Probably nothing again.
https://www.adidas.co.uk/metaver…
- grafician-2
NBA's Top Shot NFT trading cards are #1 in volume, with a long second place taken by those crypto punks avatars, crypto art barely registering.
Talking about collectible assets...