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A comment on NFT projects are just MLMs for tech elites.

Re:NFT projects are just MLMs for tech elites by hzambo on Friday October 01, 2021 @12:03AM (#28714374)
Most of the comments assume that with NFTs you are buying just a piece of digital image with no utility whatsoever. And yes, it is the case with most of the things we see on https://opensea.io/.

But on the other hand, there are a bunch of interesting projects out there where you can do some cool things with your NFTs, like the "card game" Axie Infinity and other ripoff projects - with a very few original ones - inspired by it.

NFTs for collectible card games is promising and maybe this can lead to some other interesting use cases in the future.

Anyway, I recommend searching for "utility nft projects". Most of them seem just like something to steal money from other people, but again... there are some interesting things coming out from it.

[ Parent | on HN ]
Re:NFT projects are just MLMs for tech elites by loudandskittish on Friday October 01, 2021 @01:48AM (#28715065)
But online collectible card games have existed for well over a decade without any need for NFTs, including the ability to trade and sell your rare cards. What does having an NFT add?
[ Parent | on HN ]
Re:NFT projects are just MLMs for tech elites by vokep on Friday October 01, 2021 @02:09AM (#28715195)
It's a new implementation of the same thing, but now with no team, no servers, no company, just some code that runs on the blockchain (which is a ton of servers lol)
[ Parent | on HN ]