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flignats

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flignats
·5 years ago·discuss
The value of the NFT (EIP-721) standard is not the currency you may or may not extract from the representation (picture) of the code on the network.

The value is that it allows for ownership of a specific asset that cannot be argued against. It is immediately accessible, communicable, and you can verify ownership of said asset.

Instead of making nfts for land on the moon, replace the asset with property deeds. And replace/automate whatever you can cost efficiently in the property deeds process and infrastructure with blockchain.
flignats
·5 years ago·discuss
It's the world's first globally accessible, decentralized, transparent, immutable ledger. Lots of value and future value that is being unlocked.
flignats
·5 years ago·discuss
genie.xyz has nft swaps, not exactly like you've outlined but in the right direction.
flignats
·5 years ago·discuss
it has always been a problem
flignats
·5 years ago·discuss
Then you are not interested in finding out answers that do not agree with you. It is very clear that IP ownership has been disrupted with several positive, value-added mechanisms. This is no longer an opinion.
flignats
·5 years ago·discuss
My guess is you will be able to look back at this comment in a couple of years and see why it was clear that some NFTs do have intrinsic value.
flignats
·5 years ago·discuss
There are many ways, right now the media focuses on the artistic disruptions.

https://twitter.com/darrenrovell/status/1435967697913880580

Never before have artists had this much control of their ip.
flignats
·5 years ago·discuss
The NFT (Erc721) technology has started and will continue to disrupt so many parts of life that it is nearly unfathomable.

The technology was championed through artistic channels and we're still very early which is why it is the majority of the attention.

Some of these NFTs have intrinsic value simply for being the firsts/help create upon a technology that will continue to permeate through our culture and livelihood.