so actually the NFT use case that makes the most sense to me so far is NFT nudes. insofar as the NFT architecture imposes artificial scarcity on top of infinitely copyable information, at least an NFT nude gets to be like āthis is the special copy thatās just for you big boy šā
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generally, and speaking only for my hangups, i am quite uncomfortable about the whole concept of selling digital information - ebooks, art, music, etc. with the exception of commissions. i believe pretty strongly in āinformation wants to be freeā. NFTs are... the opposite?
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to me there is something really special about the infinite copyability of digital information. i think we donāt have good funding models yet for producers of such information (writers, artists, musicians). NFTs feel to me like a step backward, like DRM
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what iād like to see instead is a compelling theory of digital economics that builds in infinite copyability as a foundational assumption from the outset. how do people capture enough of the value of their digital products to make a living without imposing artificial scarcity?
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i think the model that feels least bad to me right now may be the patreon model - where people arenāt paying for individual products, theyāre paying to support you as a creator. that makes sense to me and doesnāt require scarcity; you can just not have any patron-only content
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i donāt want any of this to discourage people from fucking around with NFTs, experimentation in this space seems good, and, one of the deals with experimentation is that most new ideas are bad. ppl have pointed out parallels to the ICO boom of 2017 and, well, time will tell
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The nature of NFTs is such that the more it is shared and used, the more valuable it becomes.
Check this thread ā
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The "great" thing is that most NFTs are just a jpeg you can download when someone shows it to you
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more differentiated ones are a file plus a personalized service, which is what you'd get from a really high patreon tier or something, or a cubic foot of space in a lame virtual art gallery. these are actually scarce I guess.
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Are NFTs the opposite though? I mean pretty much NFT Iāve seen is completely accessible. I can copy and paste basically any art Iāve seen. An NFT seems to just define the āoriginalā in absolute terms.
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Can't remember where I saw it, but the analogy of an NFT as the autographed copy makes a lot of sense
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I think it was a clubhouse notes tweet
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