Re:Cryptomedia, NFTs, and the Next Internet
by joosters on Saturday February 20, 2021 @02:37AM
(#26202366)
It’s now listed in the blockchain and universally recognized by the world that you are the rightful owner of the work.
No it’s not. Anyone could have put an artwork on the blockchain, even if it’s not theirs. Just because Alice uploaded an artwork doesn’t prove rule out the possibility that Bob was the creator.
Blockchains cannot link to the physical world while keeping their properties of ‘proofs’, yet so many projects seem to ignore this inconvenient fact.
Re:Cryptomedia, NFTs, and the Next Internet
by miracle2k on Saturday February 20, 2021 @02:52AM
(#26202418)
This is not attempting to prove something previously unknown, or resolve an active uncertainty of authorship. But if an artist claims ownership over a work/token, and collective history remembers and validates that claim, then you can prove that you own that token.
Re:Cryptomedia, NFTs, and the Next Internet
by joosters on Saturday February 20, 2021 @03:29AM
(#26202597)
I guess that’s an admission that this current blockchain concept is flawed as it stands, right? I’ve yet to see any truly decentralised oracle either...
Re:Cryptomedia, NFTs, and the Next Internet
by Animats on Saturday February 20, 2021 @01:32AM
(#26202131)
Coming soon, the CryptoKitties IPO?
There really is a market for unique stuff, even useless unique stuff. See Upland, Decentraland, etc., where people are buying virtual real estate. In Decentraland (which is totally centralized) you can at least log into a virtual world and put something on your land. Upland skips that step. You just get tradeable certificates which supposedly represent real-world locations to which you have no rights.
Re:Cryptomedia, NFTs, and the Next Internet
by px43 on Saturday February 20, 2021 @02:05AM
(#26202241)
I get your point with Decentraland, but the dynamic data is all on the Ethereum network, the static data is all on IPFS, and anyone can run a node and have their own instance of the world for them and their friends to play on.
Sure, they have some hard coded authority for which NFTs get included in their marketplace, but people are free to switch that up on their own instances.
Sure, there are ways in which it could be more decentralized, but it's a hell of a lot more decentralized than anything else like it. I'm doubtful that any further decentralization would provide additional value to the ecosystem. If the devs go crazy though, it would take maybe a day for a handful of people to fork it and correct any leadership issues with the project. So far though, the leadership has been fine IMO.
Re:Cryptomedia, NFTs, and the Next Internet
by px43 on Monday February 22, 2021 @08:02AM
(#26224013)
Land that you already own in Denentraland, or an alternate reality Decentraland where you own everything and want to sell it to others? The answer to both of those is yes.
All land sales happen on chain, so you can do it all directly from Etherscan if you want, no need to spin up a server.
Also, yeah, it's all open source. You deploy your own world contract, and point your version of the Decentraland engine at your contract, and you're good to go. You now control all the land and can sell it off as you see fit. You can even have a small property in the primary Decentraland which teleports you to AnimatsLand, and you could let people wear their same NFT outfits and everything.
Re:Cryptomedia, NFTs, and the Next Internet
by TaylorGood on Saturday February 20, 2021 @02:57AM
(#26202435)
I've become fully immersed. It started with seeing tweets about six weeks ago and lately CH rooms nonstop. NFT's are having a moment. From generative projects, to to NBA Top Shot, CryptoPunks, Beeple, b.20 my mind is blown. I've been painting token-related paintings for a couple years, and digitized my artist persona this past week via OpenSea.
Beeple's Christies auction will be very interesting.
Re:Cryptomedia, NFTs, and the Next Internet
by mmiliauskas on Saturday February 20, 2021 @01:38AM
(#26202153)
It still blows my mind that CPI is not budging. Maybe it is true that we collect useless collectables during times of abundance instead of stuff that we need for survival.
Re:Cryptomedia, NFTs, and the Next Internet
by avaer on Saturday February 20, 2021 @03:40AM
(#26202654)
If you are interested in nfts/virtual worlds from the perspective of a hacker creating a video game (that’s me!), my startup https://webaverse.com recently got seed funded to explore the business model space and we are hiring engineers. I love onboarding folks onto this wacky world.
Re:Cryptomedia, NFTs, and the Next Internet
by nelsonmandela on Saturday February 20, 2021 @03:50AM
(#26202721)
Man a card game based on NFTs would kill.
No concern for fakes when purchasing, perfect knowledge of supply and card history. I can't wait for this NFT stuff to kick off and murder blizzard/activision/EA models where they print money by pretending certain items are scarce.
No it’s not. Anyone could have put an artwork on the blockchain, even if it’s not theirs. Just because Alice uploaded an artwork doesn’t prove rule out the possibility that Bob was the creator.
Blockchains cannot link to the physical world while keeping their properties of ‘proofs’, yet so many projects seem to ignore this inconvenient fact.
Conversely, it is the previously unknown things that would most need some confirmation of authorship, yet here the blockchain concept fails again!
These are relatively common in theory and practice.
- uniswap v2 oracles: https://uniswap.org/docs/v2/core-concepts/oracles/
- chainlink: https://docs.chain.link/docs/using-chainlink-reference-contr...
- schelling point oracles: https://blog.ethereum.org/2014/03/28/schellingcoin-a-minimal...
There really is a market for unique stuff, even useless unique stuff. See Upland, Decentraland, etc., where people are buying virtual real estate. In Decentraland (which is totally centralized) you can at least log into a virtual world and put something on your land. Upland skips that step. You just get tradeable certificates which supposedly represent real-world locations to which you have no rights.
Sure, they have some hard coded authority for which NFTs get included in their marketplace, but people are free to switch that up on their own instances.
Sure, there are ways in which it could be more decentralized, but it's a hell of a lot more decentralized than anything else like it. I'm doubtful that any further decentralization would provide additional value to the ecosystem. If the devs go crazy though, it would take maybe a day for a handful of people to fork it and correct any leadership issues with the project. So far though, the leadership has been fine IMO.
All land sales happen on chain, so you can do it all directly from Etherscan if you want, no need to spin up a server.
Also, yeah, it's all open source. You deploy your own world contract, and point your version of the Decentraland engine at your contract, and you're good to go. You now control all the land and can sell it off as you see fit. You can even have a small property in the primary Decentraland which teleports you to AnimatsLand, and you could let people wear their same NFT outfits and everything.
Beeple's Christies auction will be very interesting.