Ask HN: Where is NFTs as a technology or investment?
1 pointby Otternonsenz2 hours ago5 comments
  • al_borlandan hour ago
    I thought that whole space basically collapsed once people finally realized they were just buying URLs that pointed to a jpg, and those hyping it got out and left the bag holders with "ownership" of a bunch of worthless pictures on the internet.

    I remember a the Bored Ape Yacht Club being sued a few years ago, but it looks like all the celebrities were let off the hook for promoting it.

    • vunderba7 minutes ago
      This. The idea of having some kind of cryptographic proof of ownership to a JPG copy of an original piece of artwork was just about the silliest thing I’d ever heard when it first started going viral.

      I (and most others) support artists by donating through platforms like Patreon, without needing some kind of arbitrary artificial commodity.

  • 1970-01-01an hour ago
    Dead with no funeral, no burial plot, not even a mention in the newspaper. But, you can own the original NFT eulogy as an NFT! There are many copies floating around but this one is the original. Bidding starts at $100,000.
  • Benderan hour ago
    Too many found out it was a ponzi scheme [1a][1b] and it fizzled out.

    [1a] - https://www.youtube.com/watch?v=d_o3nZHzCwA [video][4 mins]

    [1b] - https://www.youtube.com/watch?v=ZpqreZlmHGU [video][7 mins]

  • replatformradaran hour ago
    [flagged]