Don’t forget about nfts there the future man they can’t be replicated man where can you spend 100k and by the end of the week your investment is worh $3.50
NFTs weren’t created to be the proof of ownership of digital art, they just happen to be associated with that because that’s what the majority of them were created for.
The NFT isn’t the art that can be copy-pasted to any computer, it’s the proof of ownership. Criticizing them by saying “I can just download a copy of the picture!” is like saying copyrights are useless because you can use tools to rip movies from streaming services, sure you “own a copy”, it doesn’t make you a rightful owner of it from the perspective of the law.
But there worthless because digital art is intrinsically less valuable than real art
The intrinsic value of any art is what someone is willing to pay for it.
For example the world’s most expensive NFT, The Merge by Pak, sold for $91.8 million. Its price was higher than the sale of Jeff Koon’s Rabbit, the most expensive artwork by a living artist at auction. It’s all about personal tastes and how deep folks wanna dig in their pockets with this stuff.
Trying to claim the term “Web3” is a futile battle. It is already widely understood to mean crypto and blockchain. If I see a job posting that says the company is built on Web3, I know immediately that the job is built on scams and grifts without having to ask further questions. Web3 as a term is ruined already.
For this to work it must be a different term than Web3. Maybe “Web 3.0” is different enough?
Web 3.0 was the semantic web.
Now that’s a definition I can get behind.
The problem is, you cant pay with that lol
give it some time and there will be crypto based instance. I think both technologies can coexist.
