An NFT points to some asset, just as a deed to a house points to that house. The deed is not the house, but owning the deed gives you the right to exclude others from usage of the house. So the fact that an NFT is just a pointer shouldn't somehow disqualify it from being meaningful.
Maybe eventually we'll put things like deeds on-chain as NFTs. This would have the benefit of decentralizing the record-keeping power, so we wouldn't have to worry about failure of some central authority in this regard.
Enforcement of these ownership rights will probably depend on some centralized power, but if the deeper record-keeping layer becomes decentralized, is that not a win?
I can print a copy of the Mona Lisa, but that doesn't devalue the original painting.
My project is the creation of a social medium with bidirectional linkage, structured as a demographically weighted directed graph.
Picture a flowchart where each arrow is labeled with a number (a weight) that indicates how many upvotes that arrow has.
Users can see (and travel) the arrows pointed into a post, as well as the arrows pointed out.
Users will be able to filter the graph so that it is weighted only by the people they follow.
Why does this matter? Because organization facilitates search.
Keyword search helps you find known unknowns-- you can name some key part of the thing your looking for.
Browsing search lets you find unknown unknowns. Once keyword search inserts you into the graph somewhere, you need to read and follow links to find the new keywords.
By enabling users to link between posts and then vote on these links, I believe we can facilitate browsing search.
Let me know if you have any questions or comments!
Maybe eventually we'll put things like deeds on-chain as NFTs. This would have the benefit of decentralizing the record-keeping power, so we wouldn't have to worry about failure of some central authority in this regard.
Enforcement of these ownership rights will probably depend on some centralized power, but if the deeper record-keeping layer becomes decentralized, is that not a win?
I can print a copy of the Mona Lisa, but that doesn't devalue the original painting.