So weirdly, because the tx fees depend on amount of data you write, and it makes little difference whether a number is “1” or “10” in the contract that represents your registration on chain, it makes more sense to register for long periods. Web3 commoditizes transaction costs!
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Okay report on final experiment. A couple of days ago I tried to summarize my learnings so far with a little cartoon. A capability maturity model pyramid overlaid on a 2x2. And of course I immediately joked “I should NFT this” and of course I immediately thought “well why not”
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Aside: the diagram has the x-axis separating sustainable futures (above water) from unsustainable ones (below water) and the y-axis separating positive futures (right half) from the negative ones (left half). The annotations are in a weird language Web3 types speak. Primer:
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Anyhow, I minted it as my “Hello World” NFT on Mirror. This works a little differently. The exact same thing (yes the thing you can right-click and save right here for free) can be “collected” at 3 different levels with floor prices of 0.01, 0.1, 1 eth.
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Not counting all you freeloading right-clickers on here at the 0 eth level, it’s been collected by 9 people so far (7+1+1), for a total of 1.17 eth.
It took me about an hour to think through and draw this, so technically this is the highest paid work I’ve ever done.
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Replying to
Given you mentioned at the top money wasn’t the draw for you can you say more about the non-monetary utility you see? The post-once-read-everywhere use case is the most intriguing to me and IPFS seems like the most interesting part of the whole stack.
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I think I like that this kills "website" as a reification. This is not a destination web of stocks. It's a process web of flows.
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Is there currently a value-creating purpose to wallets 'owning' identity tokens within the blockchain, or are the positive use cases you've outlined (distributed content-based addressing and automagical consequences thereof) just the bait on the hook of automagic DRM?
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You say they like it’s a bad thing
DRM by big platforms can be good or bad but DRM for/by individuals is kinda just an extension of owning your right to privacy
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In what way is it analogous to owning a right to privacy? There's no hermetic effect here. Nothing sufficiently valuable about the information is or can be concealed. All I see is an obstacle to interoperability within this domain without recognition of the assigned rights.
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What would giving the keys to my home out randomly be analogous to?
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Tokens are keys. It could literally be to your metaverse house.
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