News for hackers. Stuff that matters.
Re:NFT projects are just MLMs for tech elites by omarfarooq on Friday October 01, 2021 @01:17AM (#28714854)
> Whatever rare NFT you have I can go make a visually identical NFT for <minimum cost of an NFT> and confirm that I own that NFT.

Yes but your NFT would be deployed on a copycat (ie. replica, inauthentic) smart contract.

Re:NFT projects are just MLMs for tech elites by seqizz on Friday October 01, 2021 @02:25AM (#28715278)
Would this matter? Would still have "legit" logo like the authentic one.
Re:NFT projects are just MLMs for tech elites by omarfarooq on Friday October 01, 2021 @02:27AM (#28715288)
It wouldn't matter if you're intention is to fool the gullible or uninformed.
Re:NFT projects are just MLMs for tech elites by meheleventyone on Friday October 01, 2021 @03:29AM (#28715657)
The Twitter verification is for status, if the status also requires the person seeing the profile has to find the contract existing with the profile NFT and then exhaustively find out if there is an “original” then the whole verification process isn’t fit for purpose.

Basically everyone ends up ill informed.