zlobbyWell, it's simple. NFT should allow you to prove ownership of something, all this being backed up by the blockchain, i.e. anyone can see that you are the real owner. Especially useful in combination with smart contracts.

I'd gladly share some really neat uses but I have a few patents pending on them, so... stay tuned! :D

Bomby569NFT's is just another real world prove the "idiocracy" movie is becoming reality

Vayra86Theory never stands up to the real world full of humans using it in practice.

Surely all systems we've built to this date have proven that quite well... nothing is foolproof or unhackable or immune to destabilization, and NFT by design has absolutely nothing that isn't already possible in any regular database. The only supposed difference is a higher idea of trust. But really, it all still comes down to how each blockchain is managed, and this is just another wording for being exactly the same trust issue as you'd have with any (non)-commercial party. You don't own shit. You won't either. Its just another attempt to digitalize trust that inevitably comes down to people, whom you cannot trust because that part of the whole trust chain is not at all verifiable - even stronger actually: its a massive step back from face to face contact with the other party in any deal. No eyes to look into, no dynamic in conversation.

All we do is add abstraction layers on top of not being able to trust humans, and then we think somehow it becomes trustworthy.

We do that by decentralizing 'control' and 'ownership'... But the idea that somehow there is decentralized control over it, is a fallacy inherent to the way blockchains and coins are rolled out: the game is always rigged before it even started.

This is a dead end full of fools, money, and people who think they're smarter than history. We'll stay tuned, it'll be hilarious... again... if it wasn't so sad.



It really is. There is almost no single half serious IT Pro that supports the idea NFT will do anything better than existing databases. It just adds complexity and misplaced ideas of trust or ownership for otherwise copiable digital assets. It is literally built to deceive and part fools with money.

EasoI literally do not understand anything from this article. Yeah, NFT's are not for my brain.

grammar_phreakNewegg is getting into NFTs too

Newegg on Twitter: "NFTs are... #NeweggNFT" / Twitter

This past Thursday, OpenSea declared it would start limiting the number of collections users could mint to 5, and the number of pieces in each collection to 50. Once the uproar began, the company quickly reversed its policy. In the midst of the chaos, they openly admitted that 'over 80% of the items created with this tool were plagiarized works, fake collections and spam.'

Vayra86There is almost no single half serious IT Pro that supports the idea NFT will do anything better than existing databases.

CutechriAny corporation that dares even look the way of NFTs let alone accept them is a corporation that is now on my blacklist. Welcome, AssRock.

zlobbySo, let me see if I understand it right - you are OK with subpar designs and engineering, 0 QA, overpriced heaps of junk, hypocritical environment policies, abused labor, constant tracking and telemetry, but NFT are where you draw the line?

CutechriAny corporation that dares even look the way of NFTs let alone accept them is a corporation that is now on my blacklist. Welcome, AssRock.

CutechriI'm not okay with the concept of corporations and the system we live under as a whole, but there's jack I can do about that. NFTs harm the environment and I hate crypto with a passion. Once a corpo goes that route, I'll hardly ever look at them again.

bugWell then, you'd better blacklist everyone then, because, even as an argument for dismissing them, every company must "look the way of NFTs".

You can always move to Russia. Or China maybe.
Let me guess: gilet jaune? Or too young for that yet?

bugWell then, you'd better blacklist everyone then, because, even as an argument for dismissing them, every company must "look the way of NFTs".

You can always move to Russia. Or China maybe.
Let me guess: gilet jaune? Or too young for that yet?

R-T-BI mean there are applications actually. Licensing is one. But that's not how it's getting used.

So yeah, we exist.

Vayra86This is how consumers exercise market power. You just don't buy. Blacklist everyone, why not? Its not like anyone's selling bare necessities. In the end, WE control the world, by simply not playing the games we used to play. Whatever game that is.

Glad people start getting the memo. Its worth joining that movement. This is about who's more patient and we know corporate likes YoY results. All you need is 365 days. And the stronger the voice, the more likely it'll see changes sooner.

Just look back at how other concepts got burned with fire. I remember EA taking a few painful hits lately, the latest being the BF2042 fiasco. Result: you can pick it up for 5 bucks now.

As for the system we live in... it IS changing, quite simply because it must. The suggestion to move to autocracies... meh, they're already moving in with us and we cultivate it ;). Consider the above concept of consumer power. The same goes for civilians that want to change systems. Its slow, its painful, but it can be changed.



Theory != Practice.

Restrictions. You agree that you may not, nor permit any third party to do or attempt to do any of the following without express prior written consent from ASRock in each case: (i) modify the Licensed NFT, Name and Likeness and/or Art for your Licensed NFT in any way, including, without limitation, the shapes, designs, drawings, attributes, or color schemes; (ii) use the Licensed NFT, Name and Likeness and/or Art for your Licensed NFTs to advertise, market, or sell any product or service; (iii) use the Licensed NFT, Name and Likeness and/or Art from your Licensed NFTs in connection with images, videos, or other forms of media that depict hatred, intolerance, violence, cruelty, or anything else that could reasonably be found to constitute hate speech or otherwise infringe upon the rights of others, drugs (including, without limitation, both prescription and non-prescription) or other supplements, death, pornography or other “adult only” or sexually explicit activities, massage parlors, prostitution or any dating or escort activities, weapons or ammunition, denigration or discrimination against individuals based on race, national origin, gender, religion, disability, ethnicity, sexual orientation, gender identity or age, medical conditions and/or political campaigns or causes; (iv) use the Licensed NFT, Name and Likeness and/or Art from Your Licensed NFTs in movies, videos, or any other forms of media, except solely for Your own personal, non-commercial use; (v) sell, distribute for commercial gain (including, without limitation, giving away in the hopes of eventual commercial gain), or otherwise commercialize merchandise that includes, contains, or consists of the Licensed NFT, Name and Likeness and/or Art from Your Licensed NFTs; (vi) attempt to trademark, copyright, or otherwise acquire additional intellectual property rights in or to the Licensed NFT, Name and Likeness and/or Art from Your Licensed NFTs; or (vii) otherwise utilize the Art from your Licensed NFTs for Your or any third party’s commercial benefit.

Vayra86Just look back at how other concepts got burned with fire. I remember EA taking a few painful hits lately, the latest being the BF2042 fiasco. Result: you can pick it up for 5 bucks now.