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Actually the primary use right now is renting Cryptopunks for events as I understand it. I suspect we'll see the infrastructure proliferate.

Renting NFTs will become much more common practice next year.

By the way, who is this Zzen retard that keeps emoting my posts like they don't understand basic shit while not commenting a single time in the thread? Not a good look, bro, brain damage is serious business. I mean, this is my standing theory on crypto as a whole. The space will not grow up...

NFTs will be incorporated into DeFi much more comprehensively than they are today is what will happen - note that NFTs are already a store of value, and can already earn yield depending on the project. I think we'll see a lot of NFT projects consolidating or being left behind, animals facing 30...

Thus making it indistinguishable from other cryptocurrencies.

What do you use to judge if anything has potential to be valuable? There's lots of theories, figure it out and you're rich.

It's already traded for many times that amount. Don't worry, you'll figure it out one day.

Thus making it indistinguishable from modern art.

Curio Cards are the first art NFT project on Ethereum, it's taken over 4 years to win this specific lottery, and they're every bit as much a store of value as any other cryptocurrency at this point. These things predate Cryptopunks, they're severely undervalued atm and I'm sure everyone will...

Three days ago it went from 10 ETH to 192.222 ETH. There's only a few of these, so yeah.

You know you want a Barbarian: https://opensea.io/assets/0x73da73ef3a6982109c4d5bdb0db9dd3e3783f313/23 He's winking at you.

You keep saying this as if it makes any more sense than the other dozen times you've said it. This is fucking stupid, there is no other way to put it. You have shown zero logical reasoning as to why removing individual gas bids would increase the price floor. None. You just keep saying that...

This is the dumbest shit you've written yet. There is no reason why eliminating individual gas bids would increase the price floor. Your entire thesis is invalid, it makes zero sense. Go back to the drawing board.

What the FUCK is the difference between that and BTC going up in price? EIP-1559 does NOT increase the minimum fee necessary to be included in a block, period. There is literally zero explanation anywhere for why it would, this is some shit you stupid fucking Bitcoiners have pulled out of...

IMO Ciphersquares is the coolest NFT out there right now. Curio Cards is probably the best investment you can make, Christie's auction for a full set on October 1st. But after that, Ciphersquares is super slept on right now, and they're pretty baller looking + give you free mints on all future...

Of course I'm going to call you an idiot when you bring bullshit ass arguments like this to the thread, after having already discussed ad nauseum what EIP-1559 actually does and having had several discussions about blockspace supply and demand. This quote is so fucking stupid, what else am I...

It wasn't useful whatsoever, there's no way you can determine that EIP-1559 has lead to a structural increase in gas price as opposed to gas prices being higher because of the absolutely massive NFT bullrun going on right now. BASEFEE is a much more efficient gas price regime than bidding...

We kind of are, the problem is that an NFT by definition cannot be reproduced or copied, but for instance Ciphersquares transfers the rights to the art piece represented by the NFT on sale as well: Ciphersquares

There's no civil rights act on the Ethereum blockchain as far as I'm aware. And yet tons of rich people are spending real money on an intangible like clout. You're blatantly refusing to admit what's already reality. No, I'm fucking not, you continually fail to understand how...

No, it shows that you don't understand that blockchains are fucking trustless. Spend some effort figuring it out.

Which means the privacy aspect is simply a non-issue, and you're simply a paranoid freak about "walled gardens" when the reality is freedom of association will always exist. In a digital landscape, clout is as real a utility as anything else. Again, you're on the FoH boards and not the LoS or...

No it doesn't, zero knowledge proofs exist. But you would agree that BTC has value far beyond the utility of its metadata, yes? Figuring out the utility of NFTs is exactly what's exciting right now, and for social influencers the clout provided by owning certain NFT collections is as real a...

A very apt analogy, actually. If you could secure your MMO character absent any central authority, you have the basic concept of an NFT down. Your character's metadata makes it more or less valuable in the collection of all MMO characters depending on the scarcity of the metadata properties.

Why are you so upset that you can't figure out NFTs are a non-fungible store of value like land?

They're too focused on the fact that the NFT has a picture of a rock attached to it. It's better to think about the NFT as a non-fungible store of value like land.

Whatever existing judicial framework exists depending on the situation, e.g. SFD and Matt Furie resolved their issues via DMCA notices. So if you have an NFT that you do not have the right to monetize in a commercial application, but choose to do so anyway, you will be sued as normal. EDIT...

Well for a specific example, Sad Frogs District released, sold out within minutes, and had a floor price of 1+ ETH over the course of a week and a half or so. Only problem was they were basically rare pepes and Matt Furie is an idiot, so he filed a DMCA with OpenSea and had them delist the Sad...

Yeah, keep thinking you're the smart one here. https://www.nasdaq.com/articles/budweiser-buys-beer.eth-domain-name-for-30-eth-alongside-nft-2021-08-25

Curio Cards blowing up, this is some legitimate NFT history if you have the change to spare, I'd imagine even the lowest priced ones will skyrocket: https://opensea.io/collection/curiocardswrapper

You're so fucking stupid that you think you have some sort of gotcha, despite the fact that I've already acknowledged the incredible complexity of pegging NFT values to off-chain data. There's a lot of shit that needs to get solved, and the only decentralized computation market was just...

Oh, I forgot, you're not only a retard, you're an illiterate retard who can't read.

You two retards are going to have to speak a little louder, I can't hear you over the thousands of dollars my NFTs are printing.

Well the deed in this case would contain valuable metadata that you can monetize in various services, and is a financial asset you can lend, borrow, sell, and insure. So possibly it gives you a way of replacing the house, depending on how it's all structured - which may come down to which...

Strong words from someone buying into Grayscale and thinking they're in crypto.

I think we're pretty sure SHA-256 is quantum resistant, and hashing algorithms which aren't can be easily updated.

NFTs flip this dynamic on its head, secondary market sales tax can be baked right into the NFT (granted it's very easily circumventable using a wrapper but we've found out that isn't a huge deal so far). Why waste money developing and bootstrapping a niche marketplace when your NFT collection...

Yep, this is exactly what ENS implements, it gives you the token necessary to ID yourself for registration in the first place, and yes, you've taken it to the logical conclusion (which, imo, is the core purpose of crypto and especially not derail/tinfoil hat territory) that the new internet has...

I guess I'm unclear on the difference between an ID and an access pass? When you register with ENS, you mint an NFT which serves as an ID token.