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Parking a thought here, cf my earlier point about deep play and shallow play. An orthogonal axis is high-roller vs. low-roller. Normally, high-rollers are also deep players, but I suspect there's an inversion of sorts going on here. Big spending != deep playing.
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Ideas for nonfungible things are nonfungible. Ripoffs with only cosmetic differentiation are low value.
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Another ape ripoff, this one is a part of ApesOfSpace, 10,000 space monkeys that are now largely worthless opensea.io/collection/ape
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Does transaction volume on ethereum generally go down with price? Ie does gas price go down with price in ether terms (not dollar terms)?
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I've been mulling perhaps the most common first question people ask about NFTs. What rights do you get? The copyright for any artwork associated with the NFT, whether it is a mutable URL or an immutable IPFS object, remain with the original maker. So the NFT grants nothing.
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The scam side potential of this is obvious. Now you *could* assign rights along with the minting, in which case what you're really doing is putting a regular copyright assignment contract on the blockchain, but this seems somehow underwhelming. Just... use a paper contract?
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I also don't like analogies like collectibles, autographs, maing-a-star etc. I think that's selling the concept short. I think what an NFT is, is a "right to future rights."
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Viewed as a verifiable n/m pointer to an object, you now have a way to reference and work with everything derived from the thing being pointed to. Say I create a set of characters and sell as NFTs. Later, I create a game where those characters are live action playables...
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In regular work-for-hire copyright, if derivative works are of value, the maker will, for the agreed compensation, blanket assign *all* rights to the buyer/commissioner, including reproduction, new media, derivatives, blah blah blah. It's a nuclear option.
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But NFTs create a mechanism for fine-grained rights *optionality.* If I make a game with my characters for example, then perhaps the holder of the NFT is suddenly granted airdropped the right to pick game characteristics of the character. You don't have to know ahead of time.
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