NFT Board Soon? | Bitcointalksearch.org

Pmalek

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Quote from: Charles-Tim on July 19, 2021, 08:49:10 AM

I still do not know why people are attracted to NFTs, the tokens are used to provide private to the digital art pieces (or anything digital), so there can be many of the digital arts, but only the one valuable is the one that someone has the private key to its token.

Not only that, but those individual art pieces that NFTs are, can be found and downloaded for free. I can have it and see it without buying it. Buying it only gives me possession of something that is publicly available.

Quote from: cryptoaddictchie on July 24, 2021, 12:58:32 AM

Maybe I can agree on your statement about temporary hype but this temporary thing could go beyond what we expect.

If and when that happens and if see the things mprep was talking about happen in the altcoin boards, creating a new sub would make sense.
I think there are valid reasons to create a new sub-board for the Lightning Network, but that still hasn't happened (although it seems that might change soon). After that experiment, the admins could consider further expansion.

One way to make them aware of how popular NFTs are (if they are), is for someone to compile all the NFT discussions in one thread the way I did with Lightning Network threads. That way everyone can see what numbers we are really talking about.

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Quote from: BlackHatCoiner on July 19, 2021, 11:17:02 AM

I'm pretty sure that the admin would disagree upon that addition and I'd be pursuant with him.

I personally find NFTs unethical. People who create a digital art and then sell it to others, who then sell it to others in a higher price. Doesn't it seem a pyramid scheme to you? Is it just me? And they don't even sell the art, they sell... the “ownership”. The whole NFT thing seems like a temporary smart contract hype to be honest.

I think OP is just suggesting it.

Nft being unethical is an opinion on your side but not for those fond of using it. Maybe I can agree on your statement about temporary hype but this temporary thing could go beyond what we expect. I like nft ecosystem and I supported it.

Admin will definitely not add this or create a special board for it. But who knows, maybe theymos is into nft right now.

OP in my opinion its still related to altcoin so discussion board isnt necessary since we already have altcoin section.

JeromeTash

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Babel fish is an NFT built on rootstock which is smart contract built on bitcoin blockchain side chain. Sovryn is likely to offer such feature soon.

Regardless, I believe they (Babel fish and sovryn) will still remain tokens or altcoins

They will be dependent on another blockchain.

Honestly, I haven't followed the NFT or DeFi craze this bull run. Maybe because I have something telling me I expect the hype to die out, like it happened to ICOs/IEOs/IDOs/STOs in the bear market that followed the 2017 bull market.

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Quote from: BlackHatCoiner on July 19, 2021, 11:17:02 AM

I personally find NFTs unethical. People who create a digital art and then sell it to others, who then sell it to others in a higher price. Doesn't it seem a pyramid scheme to you? Is it just me?

So what you're trying to say is that selling artworks is a Ponzi scheme because that's how real artworks are sold in the fine arts industry. I think that it's just right that when it moves from one owner, it also has to increase in prices.

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Quote from: Rikafip on July 20, 2021, 03:02:02 AM

Quote from: BlackHatCoiner on July 19, 2021, 11:17:02 AM

I personally find NFTs unethical. People who create a digital art and then sell it to others, who then sell it to others in a higher price. Doesn't it seem a pyramid scheme to you? Is it just me?

You might wanna read a bit more about pyramid schemes and how they work. Using your logic, everything is pyramid scheme if you buy it with an intention to resell at the higher price, which is not true of course.

Indeed, you are describing the Greater Fool Theory, not a ponzi scheme. There's a pretty huge difference between the two.

I doubt we'll see a NFT Board here anytime soon. I think the closet thing Bitcoin has to NFTs are those created on the Namecoin blockchain which is merged mined by ~80% of Bitcoin miners. I don't think coins capable of merged mining with Bitcoin are eligible for discussion here, but I could be wrong as merged mining a sidechain is related to Bitcoin. Personally, I'd love to see NFTs become more popular on Namecoin as they wouldn't bloat the Bitcoin blockchain and would still benefit from the hashrate security. I suspect when atomic swaps are developed further you might see Namecoin utilized for some innovative things to show just how useful merged mining can be as it has been widely overlooked and underutilized for a decade now. The rise in NFT popularity is highlighting the fact Namecoin stored the first NFTs and Dogecoin becoming popular is bringing attention to merged mined coins. There is potential there for further development of NFTs backed by Bitcoin's hashrate.

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Quote from: BlackHatCoiner on July 19, 2021, 11:17:02 AM

I personally find NFTs unethical. People who create a digital art and then sell it to others, who then sell it to others in a higher price. Doesn't it seem a pyramid scheme to you? Is it just me?

You might wanna read a bit more about pyramid schemes and how they work. Using your logic, everything is pyramid scheme if you buy it with an intention to resell at the higher price, which is not true of course.

pooya87

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If the forum creates a new board each time they come up with a new way to scam newcomers out of their money then we soon end up with dozens of boards that become ghost towns after a couple of months as that particular scam method is replaced by a newer one. ICO > IEO > IDO > STO > DEFI > NFT > ???

In this case I dare say the number of topics is not important for decision making. After all we used to have a lot of "bitcoin doubler" topics on bitcointalk at some point where they scammed people every day and yet we didn't create a separate board for them.

mprep

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When it comes to creation of new boards, an already existing board has to be dominated / overwhelmed by a specific subset of topics (e.g. NFT announcements) discussed in that board. To avoid repeating myself some more, I'll just quote what I've said in the past (with some edits):

Quote from: mprep on June 25, 2019, 10:37:54 AM

As with all sub-forum requests, I'm gonna ask a question - how many topics about ~~Satoshi~~ NFT are currently on the first 3 or so pages of any board? Or on several boards combined? If there aren't enough topics (at least 20 on the frontpage and around 10 on later pages in my experience) to fill a board (meaning such topics do not dominate the discussion sphere of an existing board), what's the point of making a new section that'll be dead on arrival.

Quote from: mprep on March 29, 2019, 07:11:17 PM

Unless a subset of possible board topics is dominating the front page (+50% of topics on the front page belong to said subset), it's highly unlikely that it'll have a sub-section created for it. Not much point in creating a board that will be dead on arrival.

Quote from: mprep on September 20, 2019, 08:02:15 PM

In the overwhelming majority of cases, boards are created not to encourage discussion of a subject but to stop a certain subject from dominating a board meant for a larger array of topics.

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Quote from: logfiles on July 19, 2021, 09:30:34 AM

NFTs - Non-Fungible Tokens. You saw that, right? Tokens!

The forum already has a child board for Tokens; Tokens (Altcoins). So why should NFTs be any different?
Are we going to create boards of different types of tokens every time there's hype? If we did, Bitcointalk would really become a mess.

I agree with the log file opinion as the hype so far is only temporary and won't last much longer so NFT boards won't be considered for adding. Altcoin board are still good for him.

OP, in the future maybe we will see more hype popping up and will someone also suggest creating a new board for it? I don't think theymos will prioritize that.

BlackHatCoiner

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I'm pretty sure that the admin would disagree upon that addition and I'd be pursuant with him.

I personally find NFTs unethical. People who create a digital art and then sell it to others, who then sell it to others in a higher price. Doesn't it seem a pyramid scheme to you? Is it just me? And they don't even sell the art, they sell... the “ownership”. The whole NFT thing seems like a temporary smart contract hype to be honest.

I'd be pissed off if we added an NFT board instead of an LN which is far more discussed.

Lafu

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Quote from: logfiles on July 19, 2021, 09:30:34 AM

NFTs - Non-Fungible Tokens. You saw that, right? Tokens!

The forum already has a child board for Tokens; Tokens (Altcoins). So why should NFTs be any different?
Are we going to create boards of different types of tokens every time there's hype? If we did, Bitcointalk would really become a mess.

Exactly , and thats why i reported NFTs (Non-Fungible Tokens) the last weeks on the Altcoin board .
And it would be a big mess with all the other Defi and tokens .
If there will be a NFT board they will ba still posting and creating Topics in the normal Altcoin board .

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Quote from: Jawhead999 on July 19, 2021, 08:30:03 AM

There's already existing thread with same discussion and the answer is no since NFT could be placed on Altcoins board depends of the discussion itself whether it's ANN or Bounty etc Why not an NFT section ?

Kindly give me the link so I can just read them, I was out for a long time so not updated here in META lol.
Edit: didn't notice there was a link on your reply lol.
Edit 2: Man, that was freakin' a long time ago! Tongue

anyways thanks! , I think I'll leave this be as the NFTs are a bit hot today

Quote from: Rikafip on July 19, 2021, 10:21:30 AM

Quote from: Charles-Tim on July 19, 2021, 08:49:10 AM

I still do not know why people are attracted to NFTs

I personally don't care much about NFT art and that stuff, but gaming is one of the industries where I can see NFT playing an important part.

As a gamer for more than a 30 years (and some of the games I played at very competitive level and made decent amount of money with it) I see enourmous potential in that combo, even though current attempts were mostly fail as they focused more on crypto traders and speculators instead on gamers, but that will change soon. Add on that the fact that gaming is by far the biggest of all the entertainment industries with a huge room for growth, I expect NFT & Gaming to be a pretty much standard thing in the future.

With all this being said, I don't think that NFT needs separate board, it's fine as it is.

Would you think most of the NEW Company will use these NFTs now? as you can see due to the demand that Axie Infinity has caught there are kinda a number of new Games has been created. Would you also think the other online games will perish?

Rikafip

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Quote from: Charles-Tim on July 19, 2021, 08:49:10 AM

I still do not know why people are attracted to NFTs

I personally don't care much about NFT art and that stuff, but gaming is one of the industries where I can see NFT playing an important part.

As a gamer for more than a 30 years (and some of the games I played at very competitive level and made decent amount of money with it) I see enourmous potential in that combo, even though current attempts were mostly fail as they focused more on crypto traders and speculators instead on gamers, but that will change soon. Add on that the fact that gaming is by far the biggest of all the entertainment industries with a huge room for growth, I expect NFT & Gaming to be a pretty much standard thing in the future.

With all this being said, I don't think that NFT needs separate board, it's fine as it is.

ene1980

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Quote from: Charles-Tim on July 19, 2021, 08:49:10 AM

~
I still do not know why people are attracted to NFTs, the tokens are used to provide private to the digital art pieces (or anything digital), so there can be many of the digital arts, but only the one valuable is the one that someone has the private key to its token. I researched about it like some months ago and created a thread about it on this forum with only five replies aside mine. People on this forum do not reply much to NFT's topics.

The sole reason you might not get many response for NFT is because even i did not understand the hype for collecting these digital art and i joined some NFT group and there are many users that are attracted and waiting for every launch and they are usually sold off really fast but for me i still cannot understand the reason and majority does not even have a white paper and there is no need for a separate board.

logfiles

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NFTs - Non-Fungible Tokens. You saw that, right? Tokens!

The forum already has a child board for Tokens; Tokens (Altcoins). So why should NFTs be any different?
Are we going to create boards of different types of tokens every time there's hype? If we did, Bitcointalk would really become a mess.

Charles-Tim

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Quote from: The Sceptical Chymist on July 19, 2021, 08:32:15 AM

I don't know much about NFTs except that they can be somehow related to digital art pieces, and that's probably all I'm ever going to remember about them after the craze wears off and they go the way of shitty ICOs--or I could be wrong, and they could be the hottest thing since the introduction of bitcoin itself, who knows?

I still do not know why people are attracted to NFTs, the tokens are used to provide private to the digital art pieces (or anything digital), so there can be many of the digital arts, but only the one valuable is the one that someone has the private key to its token. I researched about it like some months ago and created a thread about it on this forum with only five replies aside mine. People on this forum do not reply much to NFT's topics.

Quote from: The Sceptical Chymist on July 19, 2021, 08:32:15 AM

I'm also pretty sure Theymos wouldn't even consider it, not for NFTs and not for DeFi. Altcoiners are lucky he was in a good mood the day he decided to create the altcoin sections, because I get the feeling it's not something he wanted to do wholeheartedly.

Yes, I think this way too. Altcoins boards are enough for DeFi and NFTs, they are nothing special but altcoins.

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Something tells me the desire here is to have a way for one type of speculative asset to stand out from the other speculative assets in the hope that more people will see it. I honestly don't see why we should make them a special case. As a rule, I'm generally against adding more hype to anything that's already getting far more attention than it probably deserves.

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Quote from: Charles-Tim on July 19, 2021, 08:24:33 AM

NFTs are altcoins, non is yet built on Bitcoin blockchain, even if built on Bitcoin blockchain, they are still altcoins. No even DeFi board, then why NFT? No bad for all to be in Altcoin boards.

I don't know much about NFTs except that they can be somehow related to digital art pieces, and that's probably all I'm ever going to remember about them after the craze wears off and they go the way of shitty ICOs--or I could be wrong, and they could be the hottest thing since the introduction of bitcoin itself, who knows?

What I do know is that this forum doesn't need another altcoin section for shitposters to infiltrate, which would be exactly what would happen if such a thing were created. I'm also pretty sure Theymos wouldn't even consider it, not for NFTs and not for DeFi. Altcoiners are lucky he was in a good mood the day he decided to create the altcoin sections, because I get the feeling it's not something he wanted to do wholeheartedly.

Quote from: Jawhead999 on July 19, 2021, 08:30:03 AM

There's already existing thread with same discussion and the answer is no since NFT could be placed on Altcoins board depends of the discussion itself whether it's ANN or Bounty etc Why not an NFT section ?

Ah, so there you go, OP. Guess I missed that thread or forgot about it entirely.

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There's already existing thread with same discussion and the answer is no since NFT could be placed on Altcoins board depends of the discussion itself whether it's ANN or Bounty etc Why not an NFT section ?

Charles-Tim

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NFTs are altcoins, non is yet built on Bitcoin blockchain, even if built on Bitcoin blockchain, they are still altcoins. No even DeFi board, then why NFT? No bad for all to be in Altcoin boards.

Quote from: cabalism13 on July 19, 2021, 08:20:13 AM

Correct me if I'm wrong, but I do think NFTs aren't considered on ALTCOINS right?

They are all altcoins, also DeFi are all altcoins. Only Bitcoin is Bitcoin, any coin or token other than Bitcoin are altcoins.

Quote from: cabalism13 on July 19, 2021, 08:20:13 AM

so if time comes, will we be expecting a New Sub-Board here for NFTs? or leave it be on the ALTCOIN Discussion?
Huh

If you think NFT threads are numerous enough to be given a board in Altcoin section, then you can make the proposal on meta here with evidences, but I do not think there are much NFT threads on this forum yet, not yet deserves board.

Topic: NFT Board Soon? (Read 376 times)