Re:NFT projects are just MLMs for tech elites
by scoopertrooper on Friday October 01, 2021 @03:59AM
(#28715823)
Then, what is the value of the NFT? You own the rights to a hyperlink?
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Re:NFT projects are just MLMs for tech elites
by tshaddox on Friday October 01, 2021 @11:08AM
(#28719457)
No, you own the NFT, which people value because the artist issued it.
Re:NFT projects are just MLMs for tech elites
by scoopertrooper on Friday October 01, 2021 @11:38AM
(#28719845)
Cool, if you want to pay real dollars for a digitally signed link to a web resource, go ahead.
Re:NFT projects are just MLMs for tech elites
by tshaddox on Friday October 01, 2021 @12:15PM
(#28720330)
The link is a red herring. Just like an original Picasso, the content of the thing you own is responsible for very little of its value (an excellent forgery would deliver all the aesthetic value of the original, but it would be much less valuable). The provenance of the thing is the reason it is valued. There’s really nothing new or unique about NFTs other than the technology used to implement them.