Melania Trump will Launch an NFT and Blockchain Technology Venture
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (175)
sorted by:
Let’s play a game. Let’s pretend I have no freaking idea what this means.
Now, you explain:
Suddenly idiots spend millions of dollars to "own" an image, that's publicly available on Google Drive, and anyone can download. That's what an NFT is.
NFTs didn't really make a whole lot of sense as the digital art certificate. However, when you start conferring legal rights like property or Copywrite you start to see some value.
However, it became clear to me that the ideal use case is digital assets for digital consumption. Think of in-game assets, they are perfect NFTs.
All those fortnight skins you bought can, be stored on the blockchain and technically transferable if your next environment uses similar architecture. Also by nature, there is also an immediate secondary market to sell those off after you are done with that game.
Another even more creepy use case is the metaverse... want to be a part of Zucks or any other Metaverse, all the items you use in there are essentially NFTs. Skins, Land, Cars... anything else you can think of.
In some ways, it makes a lot of sense when you pair crypto with NFTs for gaming. You can essentially turn on that time invested in leveling up a game into something tangible that could potentially have appreciation value provided you invest in a long-standing game like Minecraft, fortnight, Roblox ect.
Its going to be an interesting market to watch and there will be a lot of money to be made for some over the next 10 years.
Did you mean "copyright" as in having the right to copy?