There can be value behind that. Most MMOs have that level of layering, and items on them can have "value". "Value" is just what people ascribe to it. It's all smoke and mirrors.
Pineapples used to have such value that rich people would rent- rent, not buy- them to be centerpieces for parties. Now their value is so low that yokels put it on pizza. The pineapple is the same pineapple. It is as it always was. But the people determine the value. Lobster used to be such a low-value food that there were laws prohibiting giving too much of it to slaves as it was considered cruel. Its value was straight-up negative. Same lobster. Value through the roof.
Still don't understand NFTs. For digital art I guess you're buying a copy that the artist "approved," even if the file is identical. For anything else, like this tweet, what are you buying? A jpg that Jack Dorsey says... is a jpg of his tweet?
There are many games that use NFTs. Gods Unchained has NFT cards that you can freely trade or sell. Axie Infinity has NFT characters that have turn based gameplay.
It's literally just data on a blockchain that you can send, trade, etc. It can be whatever data you want it to be with the right infrastructure.
So if you get an NFT character then you're the only one on the planet who can use that character? In that case there would be tangible exclusivity, which most NFTs lack.
Yeah, I don't see the point of paying more for a non-unique character. Dota 2 has this concept (sans blockchain) with "rare" and "immortal" items that don't look or behave any differently, and those didn't make any sense either.
Dota 2 has this concept (sans blockchain) with "rare" and "immortal" items that don't look or behave any differently, and those didn't make any sense either.
The 'signed' items were a nifty way to crowd-fund talent at events, and I had an acquaintance get an item accepted and put in the game, picked up a copy of that item and got to add a little flavor text to it that people would occasionally see and comment on. There was a small value-add to what Valve was doing, at least.
With the signed items, someone can view your item tooltip in a match and see a big ol signature and that's enough to add a little cosmetic value, like you said. The different grades of rarity can also be viewed, but IIRC it's only a word added before an item's name so you don't really get anything out of it.
The dude who got his Bored Ape NFTs stolen has nothing to display to the public to prove he has them or not. It's literally just the same image file as everyone else can get, if I understand the concept.
i think you could say a lot of art is worthless but if people want to buy it they can. i think this is just art that is worth. $280 which is too much IMO.
That is 281$ more then it is worth.
Chernobyl level burn.
Perceptions of value are what they are. Pretty funny.
Money laundering.
Even on that front it failed at.
There can be value behind that. Most MMOs have that level of layering, and items on them can have "value". "Value" is just what people ascribe to it. It's all smoke and mirrors.
Pineapples used to have such value that rich people would rent- rent, not buy- them to be centerpieces for parties. Now their value is so low that yokels put it on pizza. The pineapple is the same pineapple. It is as it always was. But the people determine the value. Lobster used to be such a low-value food that there were laws prohibiting giving too much of it to slaves as it was considered cruel. Its value was straight-up negative. Same lobster. Value through the roof.
I'm still diamond-handin' these tulips, baby!
Is that because it's Jack Dorsey or is that because people sense that NFT's are a scam and little more than a vehicle to launder money?
I'm of the mind that an NFT, being virtual property, is the bridge too far from reality.
I have no desire to own and NFT and I wouldn't know how to monetize it even if I did.
Still don't understand NFTs. For digital art I guess you're buying a copy that the artist "approved," even if the file is identical. For anything else, like this tweet, what are you buying? A jpg that Jack Dorsey says... is a jpg of his tweet?
There are many games that use NFTs. Gods Unchained has NFT cards that you can freely trade or sell. Axie Infinity has NFT characters that have turn based gameplay.
It's literally just data on a blockchain that you can send, trade, etc. It can be whatever data you want it to be with the right infrastructure.
So if you get an NFT character then you're the only one on the planet who can use that character? In that case there would be tangible exclusivity, which most NFTs lack.
It's an in game item that you can send to somebody else, loan, or sell. Depending on the game it can be unique or not.
Yeah, I don't see the point of paying more for a non-unique character. Dota 2 has this concept (sans blockchain) with "rare" and "immortal" items that don't look or behave any differently, and those didn't make any sense either.
The 'signed' items were a nifty way to crowd-fund talent at events, and I had an acquaintance get an item accepted and put in the game, picked up a copy of that item and got to add a little flavor text to it that people would occasionally see and comment on. There was a small value-add to what Valve was doing, at least.
With the signed items, someone can view your item tooltip in a match and see a big ol signature and that's enough to add a little cosmetic value, like you said. The different grades of rarity can also be viewed, but IIRC it's only a word added before an item's name so you don't really get anything out of it.
The dude who got his Bored Ape NFTs stolen has nothing to display to the public to prove he has them or not. It's literally just the same image file as everyone else can get, if I understand the concept.
i think you could say a lot of art is worthless but if people want to buy it they can. i think this is just art that is worth. $280 which is too much IMO.
All but a handful of NFT markets will be dead by the end of the year.