I could buy a starter pack of pokemon cards for something like $20 USD. It's a game, I can find a friend and play it. I can play almost any normal video game for $10 to $60 USD.
To play Axies, you need to buy around $900 worth of "starter axie" NFTs.
People are buying ugly pictures of apes for prices like $11,000 USD.
NFTs produce artificial hierarchy and scarcity over functionally useless, objectively worthless, and materially non-existing assets. It is the claws of a dystopia reaching in to take away the free and open internet we've all learned to love.
Ponzi schemes and scams are so ubiquitous in the crypto space (presumably mostly NFTs) that they coined a new term "rugpull" for talking about it.
NFTs featuring unauthorized art is so common that Deviant art implemented a feature to help artists get notified when someone tries to mint and sell your art.
Did you read the parent post you just replied to? I guess not. It's ok, I'll copypaste it for you:
> I'm just pointing out that you wrote a very long answer to a question and your answer didn't even try to relate to the question that was asked.
This is the post that you're replying to. I find it ironic that you replied to this post with a run-of-the-mill crypto-is-bad rant that still doesn't answer the question that was asked.
https://m.youtube.com/watch?v=YQ_xWvX1n9g
I could buy a starter pack of pokemon cards for something like $20 USD. It's a game, I can find a friend and play it. I can play almost any normal video game for $10 to $60 USD.
To play Axies, you need to buy around $900 worth of "starter axie" NFTs.
People are buying ugly pictures of apes for prices like $11,000 USD.
NFTs produce artificial hierarchy and scarcity over functionally useless, objectively worthless, and materially non-existing assets. It is the claws of a dystopia reaching in to take away the free and open internet we've all learned to love.
Ponzi schemes and scams are so ubiquitous in the crypto space (presumably mostly NFTs) that they coined a new term "rugpull" for talking about it.
NFTs featuring unauthorized art is so common that Deviant art implemented a feature to help artists get notified when someone tries to mint and sell your art.