NFT

Smuggy34

Is it fuck! Blockchain gaming sank is NFT's. Get over it bro...

hybridck

Not me but I knew someone who was into those pump and dump NFT launches when they were still a thing in like 2021. She wasn't the orchestrator for them but would get paid to promote them in ETH and be given priority to mint whatever NFT project at launch, which she'd quickly just dump. Eventually she realized she was basically working 40 hours a week as a glorified social media manager for these launches for kinda crappy pay when you considered the time investment and quit.

greglogan84

This is a pretty good example of why **old approvals are still part of your attack surface even when the app itself is long gone**. A lot of users mentally treat “I stopped using that marketplace” as equivalent to “it no longer has access,” but on-chain approvals don’t work like that. If the approval was never revoked, the contract can still have permission years later. The biggest takeaway for me isn’t even NFTs specifically — it’s that approval hygiene should probably be treated like password hygiene: * periodically review token/NFT approvals * revoke anything tied to apps you no longer use * be extra cautious with `approveForAll` * don’t assume a deprecated frontend means the underlying contract is harmless Also shows the tradeoff with immutable contracts pretty clearly. Immutability is great for removing admin trust, but if there’s a serious bug and no pause/upgrade path, there may be no clean emergency response. Credit to 0xQuit for catching it, but relying on a whitehat to outrun an attacker obviously isn’t a security model anyone wants. For anyone checking approvals after reading this: type the revocation site URL yourself and verify the contract addresses independently. This kind of incident is exactly when phishing links pretending to be “revoke” or “recovery” tools tend to appear.

Express-Economist-86

I bought SATA and STRC in a reputable broker. I use Fidelity, and I love the platform, although there’s other decent ones. SATA pays a daily dividend, STRC is twice a month. Over time, I’ve basically added a month of income to my year. I use the dividend from my bitcoin-backed stocks to buy Bitcoin pretty much whenever I feel like it in fidelity. Takes a day to settle the payment and then I can transfer from my stock account to my crypto account. Significant up days I’ll take a little profit, set another sell order for even higher and a bigger buy order a bit below. If I miss, I’ll just wait a bit or maybe buy some more STRC and SATA to get that income higher. If I get a big enough payout, I’ll begrudgingly buy a more aged dividend payer. They pay less, but they’re more stable by virtue of long existence. It’s a long and slow climb. I’m basically counting on 5-10 years of struggle. I may eventually back this whole operation up as an LLC with abundant mines (hosted miners) or the GoMining app (digital NFT miners) for tax breaks. Any of these carry significant risks and are worth learning and plotting the math and taxes BEFORE you enter - this is just how I roll. However, after getting settled into a rhythm with my dividends, it at least feels like free money, and I like that my inflatable bucks are working for me faster than any other rate of return I’ve seen. It would absolutely be faster to just buy bitcoin, but my $100 stock that pays me all the time is psychologically easier to cope with than putting in a hundred bucks to BTC, watching the chart, and getting heated.

Dutchpapersilver666

If NFT's seemed a good idea in your eyes in the first place: Consider selling everything

RatherCynical

This is a stupid way to frame it. Crypto sources its funds from ordinary banks. People put their savings into DeFi because when banks pay 0-2%, NOT using DeFi is losing money to inflation. That's where all the ETH, DOT, ADA, AVAX, FTM, MATIC, NEAR, and every other NFT going crazy comes from. Without that money, no alt-season. Because we shifted regime from nearly 2 decades of 0-2% interest to a 4%+ interest regime, the death of alt-season happened in 2022. It's never about "crypto being a lifestyle". It's about the money valve getting firmly clamped shut

No_Champion2428

The scale between the 2 is totally different. I used to think that AI bubble is the same but at some point it really could be too big to fail. The government will have to bail them out and if that doesn't work, it could be a total systematic failure. I do think that AI is overvalued but i think the most likely outcome is a correction instead of something like NFT bubble.

Detailed23

Who TF bought into the NFT hype ?? lol

GiveNothing

Exactly why crypto is so shit. I can use AI to solve problems. While I dont understand half the stuff youre talking about in NFT

keen23331

nah NFT never had any value or was useful. AI is useful but the valuation some companies got because people assumed they are the only with a frontiert models will not hold ...

12161986

I presume the AI Bubble pop will have much more damage on the world than the NFT Bubble pop. The NFT bubble was limited to the crypto space in a lot of the most important metrics whereas AI is in everything. AI is being built into a lot of things and all the systems it's being built into might fall apart when the bubble bursts depending on what happens to whatever model or company was used. The money thrown into NFTs and crypto at that time is nowhere near the money being thrown into AI. I wouldn't be too surprised if it kills the country or economy. There's all these highly rich people and giant companies pouring their money into these AI Companies, some of whom have said they cannot make a profit and have no path to profit, and what'll happen is they'll open up investing or shares to the public and retirement fund and ETFs and allow the American citizens to buy into the industry as the insiders exit using retail/citizens as their exit liquidity. So yeah, big bummer but what do I know? Not a lot.

Objective_Basil_8414

The difference that matters is where the money lands. NFT money went from one speculator to another, so when belief died the price died with it and nothing was left behind. AI money is going into data centers, power contracts and chips that exist whether the hype survives or not. That doesn't make the valuations sane, it just means the failure mode is different: NFTs went to zero, over-built infrastructure gets sold cheap to whoever is still standing. Railroads and fiber both crashed hard and both left something behind.

LeiaCaldarian

No. NFT’s never had any vue, AI does.

deadheadshredbreh

NFT’s had literally 0 utility where as AI has proven to have tons of utility so I definitely wouldn’t compare the 2

xrv01

NFTs were actually snake oil… at least you can do cool shit with AI.. AI is a bubble, but not in the crypto/NFT sense

cassandra112

no. NFT's had niche use cases, which were never really utilized. ignored by government and big tech. only crytobro investors. they had massive backlash from general public due to having no idea what they were. and extreme backlash from outrage mob and niche communities. A.i. has widespead use cases. are being incorporated into everything constantly. openly funded by government and big tech. has minimal backlash from general public (who still also has non idea what it is), and extreme backlash from outrage mob, and niche communities.

EricoS1970

lol, you comparing NVIDIA to a jpeg. NFT were a scam from the start just like 99 of alt coins out there.

rayquan36

> I noticed that some redditors had predicted the popping of the NFT bubble very early in 2021, despite all the massive hype and enthusiasm surrounding it at the time. Redditors are really doomer. You can find reddit posts about bubbles bursting for everything you can think of.

miniMilk1904

wat? NFT are useless. AI is by far most influencial "invention" since iphone

200gVeganSausage

Comparing NFT and AI is crazy

Atmacrush

The endgame of AI is military use, surveillance, pr0n, meme videos, and so on. Most AI companies might go bankrupt, but those that survive will be the next Amazon and Google. NFT had a purpose which was tokenized ownership of real estates, but Seth Green losing his Ape NFT from phishing and pausing his animated show indefinitely made the concept too dangerous. Proof of ownership on paper is just better.

shosuko

NFT? No. NFT never had a real use case that was worth the hype. AI is more like the internet - when the internet bubble burst a lot of companies broke but anything that wasn't hype remained and we got stuff like google and myspace etc. AI is going to remain a valuable tech, it will probably just get less subsidized by investors as they start to seek returns instead. You'll know we're entering that phase when every chat interaction requires 2 minutes of ad viewing or credits lol Take advantage of the cheap compute while you can.

losingthehumanrace

AutoMod said my Ted lasso gif (pointing to “believe” sign) was removed because I need a membership, which is purchased with Moons and issued as an NFT. You may want to question the quality of the whole subreddit 🤷‍♂️

Outflow_

What if it's not speculation though. If the carbon market moves on chain that'll change just like most things that are moving on chain. But yeah no one has a crystal ball so you never know. Just thinking out loud of what could be. At the end of the day, it's a NFT art piece and tokenized a historical solar generation at this point in time. Hopefully we can move beyond that soon though. Thanks for the input though.

never_safe_for_life

So a company buys a NFT to satisfy current sustainability goals. What would be the purpose of somebody buying it later? Surely other people meeting sustainability goals would want to buy a token representing new renewable energy generation. What’s the point of swapping this historical record?

Rude-Collection-601

thanks for the feedback right now we're pushing towards the upgoing dev of the app for Seeker / Android / iOS, tho I had testers telling me that the hardware is pretty good to have a real connection with your NFT bring it with you on your backpack, adventures.. Think about the hardware as being able to work standalone the same way your Apple Watch doesn't need to be next to your phone to work and being connected.

Outflow_

Because you can tokenize the MWh production data easily. So the NFT is the solar layout then the token bound contract holds the ERC-20 Outflow tokens which = 1 MWh historical solar generation.

crazybird-thereal

What is the purpose of adding an NFT (wich is crypto) for "historical production" as every body who already produce known how many Mw they produce ?

Outflow_

It’s not crypto. It’s a NFT with a historical megawatt hour. It think it’s pretty clear and we’re transparent on what it is so disagree.

Outflow_

Yeah the EU is a leader in the environmental credit market. As far as the solar systems, only in the US right now but as far as selling the NFTs with Outflow, anyone can buy them. I agree though. I'm not sure what you call environmental credits in the EU but here they are called Renewable Energy Certificates (RECs). I know the EU has very strict high quality standards too. Our Outflow could technically qualify as RECs but i'm careful about the claims we're making since our methodology is innovative so I just want to be careful there but they ultimately could. The owners of the solar systems own the rights to their RECs so we have the ability too. People sell NFT art and that's what this is at it's current stage. If you go to our OpenSea account: [https://opensea.io/\_outflow\_/galleries](https://opensea.io/_outflow_/galleries) we have our NFTs listed without Outflow tokens but that's what we are doing next is attaching Outflow so solar production to our NFTs. Also, the NFT art are created from the permitted engineered plansets and construction photos it took to build the solar energy systems. This is not crypto. It's a tokenized historical solar electricity megawatt hour. Our goal is to start here. When people buy our NFTs regardless if they have Outflow tokens or not they are supporting the larger vision of Outflow which is to move the worlds energy infrastructure towards decentralized electricity e.g. rooftop solar or in general behind the meter solar projects. We don't do utility scale or centralized solar projects as discussed. Check us out on OpenSea.

MinimalGravitas

None of what you wrote is true. Gas used on L1 is pretty much at an all-time high, about double what it was during the gas fee spikes around the NFT craze: https://etherscan.io/chart/gasused The reason gas prices are so much lower now is due to massive improvements in scaling. There is more throughput than ever before. Where have you picked up the idea that fees are lower due to reduced use? Whoever told you that is clearly not checking actual data, presumably either due to incompetence or intentionally wanting to mislead you. Either way, they are not useful to you, unless you want to be misled.

never_safe_for_life

>It's more of a artifact and art piece This is just the vague "I'll make it an NFT and call it an art piece" grift. No offense intended. Just let go of that idea because you and 1000 crypto grifters have tried that angle. Don't know anything about the REC market but maybe you can convince people to allocate them to you. But to be clear, a blockchain does absolutely nothing for you. See other posters comments about oracle trust / proving you actually expended energy. It can't be done. I'd even argue a blockchain hurts you as most outside the crypto sphere will see it as scummy. Good luck with your venture. Bringing more solar onto the grid is awesome and I hope you have much success.

Outflow_

So it's a ERC-721 NFT with the token bound contract ERC-6551 and ERC-20 tokens that represent the Outflow. Here's a screenshot of the solar system project details. The token (Outflow): Each token represents exactly 1 megawatt-hour of verified solar production. New tokens can only be minted by one specific, designated address (the oracle contract that verifies real production) that address can be swapped out later if needed, but nothing else can ever mint. There's no fixed supply cap; the only limit is how much real, verified production exists. There is double counting logic though. The NFT collection: No fixed number of NFTs — the collection grows forever, one new NFT for every newly verified megawatt-hour. Same deal as the token: only one designated address can mint, and it's replaceable if needed. Each NFT's artwork is set individually when it's minted and can't be changed afterward. There's no built-in royalty cut enforced by the contract itself. The wallet inside each NFT (ERC-6551 token bound account): Every NFT gets its own individual on-chain wallet created at mint time, and that wallet holds exactly one Outflow token — permanently. The verification contract (oracle receiver): It takes a cryptographically signed reading from an oracle pulling live data from the solar system's own inverter, sanity-checks it against what's physically plausible, then records it. Minting itself is a separate, manual step triggered afterward, and it tracks which specific verification backs each individual megawatt-hour. What are your thoughts here? Thanks. https://preview.redd.it/dfnuhb0jmtoh1.png?width=858&format=png&auto=webp&s=431fe5eaa94bcff93e7bdb8fedddc83a16ed58f1

tshureih

This is a play on RECs. (Certificates). ERC-6551 is the wrong vehicle. Remember, the generated electricity is spent. The solar system should be the NFT. Further, What are the properties of the contract?

Outflow_

Yeah you make good points here. That's part of the reason why Renewable Energy Certificates (RECs) may be the path forward. If outflow tokens represented the environmental credits and not a historical record they could then be sold to corporations in the voluntary REC market which larger trading platforms who trade RECs are exploring. But why are these things valuable? Yeah agree with you somewhat here. That's why we kind of took the NFT angle the holds the Outflow tokens for now. It's more of a artifact and art piece for now that has a historical record of solar electricity tied to it. We agree though it's not perfect. Ideally we would like it to represent solar electricity and I think there's a path forward there but you have to start somewhere. If we tokenize solar electricity we would have to operate in deregulated electricity markets like Texas or New York unless you did Virtual Power Purchase Agreements (VPPAs) from our understanding which would be difficult B2C but not B2B we think. On the corporations side, if they did represent RECs they could offset corporations Scope 2 emissions under the GHG protocol which they are already doing and the market is growing. Maybe not in USA but globally. Either way companies are going to do what they want to do. Was there some other reason these things will have value? For right now, no, unless we claim these as Renewable Energy Certificates (RECs) which this system would be able to. Does that make a difference? We didn't know if that would matter to B2C because even if it did have utility like a REC (which currently RECs trade at $1-3 on current trading platforms) would people just hold and if not, who would they sell it to? In the current voluntary REC market corporations retire RECs and claim them for their scope 2 emission reductions claims like we said. You could have the Outflow tokens have a burn function, in theory, companies could buy them from B2C and they could burn the tokens. It would mimic what's happening off chain but the on chain version of the current REC market today. What do you think of that? You think that would hold?

LeRichelieu

Yes this one is a scam. The 0.1 BTC threshold to withdraw was a cue here. Always test withdrawals first, to a transition wallet, before really considering it. They aren’t all scams, but many are, or offering very little return. I make a couple of bucks a week on most I use. Some are subscription-based and other require you to buy a miner NFT (rights to part of it hashing power), usually requiring at least one year to cover investment before any profit, while hoping the company doesn’t pull the plug. There is only one that has produced interesting results so far (investment repaid and $1000+ profits made) after 2 years and a significant investment first, as well as daily ads viewing to keep the hashing power (that how they make money) from degrading. Sadly the payback was cut in half after 10/10 and did not come back to its previous state. Not sure there are any that offer that kind of return anymore…

HSuke

It's super basic info you can get anywhere without being advertised their virtual mining NFT app.

Agreeable_Example272

hyperliquid is basically printing money off this stuff and nobody talks about it because it's not a shiny new NFT drop or a meme coin doing 1000x. the rwa perp volume is wild though, 2T in a quarter is insane for something that barely existed a year ago as for ETH i think it helps indirectly cause more people using defi perps means more gas burned and more demand for the chain itself even if the price doesn't move much. the real winners are the platforms though no question

Shot_Document_7325

I am very aware of the scam you speak of, as well as many other crypto and various scams circulating out there. However, I have to say that the worst scams are often the most insidious—like a Wi-Fi hack where a nefarious email appears to come from your own IP address, an email you never sent. Such malicious activity can lead to devastating consequences, including spending 20 years in federal prison. Look up the punishment for death threat extortion via email—it's severe, and rightfully so. The point is, these tactics are not only illegal but incredibly dangerous, and they should be taken very seriously. The image appears humorous until you consider the implications described—then it takes on a much more disturbing significance. To those interested in crypto, I want to share my experience. This method works because I’ve used it myself. Just to be clear, this isn’t my referral link—I went directly to https://satoshi-box.com/pay/CSLCaQ The price reference I’m sharing is only a fraction of what it costs to have a file created, and there are five files available https://satoshi-box.com/pay/CSLCcY SatoshiBox won’t display the actual price publicly because it can be far too high at times. The process is straightforward—it's essentially about exchanging crypto for crypto or crypto for fiat currency, giving you full control since you own the file and have a contact who can make it work. Please note that the contact link is listed under side hustle. While it may seem he hasn’t completed many jobs, he’s more than capable of handling all his listed skills. I’m sharing this because it worked for me, and I believe it can work for you too. A quick word about SatoshiBox: it’s linked to Bitcoin, and the price can fluctuate wildly. One moment it might be set at $50 BTC, and minutes later, it could jump to thousands. This isn’t cheap, nor is it free—there’s no such thing as a free lunch. And yes, I am aware this text can be checked to see if it’s AI written. It is AI generated from my input data that I wrote, but it has been improved and made more readable and understandable by AI. The image appears humorous until you consider the implications described—then it takes on a much more disturbing significance. On NightCafe, I go by Mr. M, and I specialize in creating art for NFTs. I have substantial crypto assets to support my NFT ventures, ensuring a solid foundation for any projects I undertake. Additionally, I have established contacts to facilitate the creation and distribution of NFTs. I am open to sharing residuals from one or more NFTs, and interested parties can reach me for collaboration or further details at XJ94ZTatproton.me. (Reference NFT) https://preview.redd.it/ceykmtgta0oh1.jpeg?width=1024&format=pjpg&auto=webp&s=873b1ccdd6c096b19426764a1e2ae456184f26fc

cdm9002

It's a spam NFT on Optimism chain [https://app.chainglance.com/address/0x25468aF0D539C96B28C6E1EE8757928763325777/optimism-mainnet/nfts](https://app.chainglance.com/address/0x25468aF0D539C96B28C6E1EE8757928763325777/optimism-mainnet/nfts) and check the spam box.

Fat-Finger-8906

NFT story reminder

SpartanKing76

At the very beginning there was a plausible case for decentralising currency and having a system that wasn’t at the whim of central banks and fiscal policies. Unfortunately, that has not and will not ever work. Using crypto to pay for things is a mess, it’s all unsafe and the value of it is at the whim of whales - rather than fiscal policy. Therefore it’s much more dangerous and unstable. Generally speaking crypto became a speculative asset for people wanting to get rich quick or for scammers to pump and dump. The meteoric rise of BTC in the early days really did create generational wealth for some people but those were the lucky few who were in early and held on when BTC flew. Everyone else wants a piece of that action but that’s gone now and will never happen again. Sure your BTC might got from 60k to 100k but that’s not generational wealth territory - that’s just a gain. Now lots of people are cultish invested in the dream and refuse to believe the reality, or they’re bag holding, have sunken cost phobia or just have some crypto as a small part of their portfolio. At some point most of crypto will go the way of NFT.

FairNewt5484

An NFT could be an interesting option if it offers some genuine utility or future benefits rather than just being a collectible.

AutoModerator

Post is by: XRPresso_io and the url/text [ ](https://goo.gl/GP6ppk)is: http://XRPresso.io There’s a lot of talk in crypto about moving value. Payments, settlement, tokenization, ownership, liquidity. But if crypto is going to support a real economy, there’s another problem we have to solve: **How do two people who don’t know each other decide whether they’re comfortable doing business together?** That’s something we’ve been thinking about a lot while building XRPresso. We already had pieces of a trust system spread throughout the marketplace — buyer/seller reviews, marketplace reputation, Linked X accounts, activity history, NFT provenance and collection verification, business reviews, rights attestations for Music, and XRPL-native seller credentials. We’ve now started bringing those pieces together into a public **XRPresso Trust Center**. The idea is deliberately **not** to create one magical “Trust Score.” If I’m buying a physical item, I might care about the seller’s reviews and completed sales. If I’m hiring someone for a service, I probably care about their reviews and completed service engagements. If I’m collecting an NFT, provenance and collection verification may matter much more. If I’m buying music, artist identity and rights attestation are different signals again. Those things shouldn’t all be mashed together and presented as if they mean the same thing. So XRPresso keeps them separate and gives the user the information to make their own decision. **What’s live** The Trust Center is tied to your **public XRPresso seller identity**, not your XRPL payment address. That was important to us. XRPresso already separates public marketplace identity from settlement identity. Your profile and reputation can be visible publicly without automatically turning your XRPL address into your public identity. The wallet is still the login and money path. When a transaction actually requires payment or settlement, the necessary counterparty gets the information required to complete it. We didn’t want adding reputation to undo that privacy model. The Trust Center can now surface things like: \- Marketplace rating and reviews \- Completed physical sales \-Completed service engagements \-Optional marketplace activity \-Linked X identity \-XLS-70 Verified Seller credentials \-Relevant NFT provenance/verification signals \-Artist and rights-attestation signals where appropriate And importantly, we try to label them for what they actually are. **Linked X** does not mean identity verified. **Rights Attested** does not mean Verified Artist. **NFT provenance** does not mean the seller is trustworthy. And an XRPL credential is a particular claim — not a blanket declaration that someone should be trusted. **XRPL Credentials are particularly interesting** XRPresso already uses XLS-70 credential infrastructure. An accepted seller credential can now be projected into the public Trust Center as something like: **Verified Seller** *Credential issued by XRPresso* But the public Trust surface doesn’t need to expose the underlying settlement wallet, credential Subject, transaction hash, or an explorer link to prove it. The server can verify the ledger state and present the relevant claim. That creates an interesting model: **- The ledger provides verification.** **- The marketplace provides reputation.** **- The user keeps custody.** **- What we deliberately did NOT build** No mandatory KYC. No universal Trust Score. No chat surveillance. No custody requirement. No system where holding CREMA somehow gives XRPresso governance over your assets. And no “we hold your keys, therefore trust us.” XRPresso remains non-custodial. The Trust Center is really about organizing the signals that already exist and putting them in front of users when they’re making a commerce decision. And I think this connects to a bigger question for crypto: **What is value if people don’t trust each other enough to exchange it?** The XRP Ledger gives us excellent rails for moving value. But a functioning economy also needs products, services, creators, merchants, reputation, fulfillment and enough trust for two strangers to actually transact. That’s the part we’re trying to build around the ledger with XRPresso. Products. Services. NFTs. Music. Live commerce. Payments. Reputation. And now a more deliberate trust layer tying them together. **- Identity without unnecessary exposure.** **- Reputation without custody.** **- Credentials without mandatory KYC.** **Trust based on signals rather than blind faith in the platform.** I’d genuinely be interested in the community’s view: **When you transact with someone you don’t know on-chain, what trust signals actually matter to you?** And what would you *not* want a marketplace using as a measure of trust? [XRPresso.io](http://xrpresso.io/) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

BambooShuriken

Prob better to drop them an NFT that could bring them so future benefits

cosmic_censor

What? The value of the blockchain's native currency would not effect the cost of tokenization expect for the transaction cost to validators. When you create an NFT on ethereum it is not pegged to value of ETH, as an example.

AutoModerator

Post is by: Odd_Crow4795 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/defi/comments/1vridyd/next_big_thing_for_nfts_nft_trading_with_daos/ Welcome people, today (well last night) marks the official birthday of Obsurfer a NFT marketplace for trading NFTs as part of a DAO. To be a part of the beta comment your interest below! You can find the project at GitHub mouse-trap-1/obsurfer \\\*\\\*But why a DAO?\\\*\\\* Being part of a collective enables you to share the risk in purchasing new NFTs, splitting the cost with fellow members. Together, you make decisions that affect each trade. No one person is responsible for the success of a trade and it takes the majority to win a proposal. \\\*\\\*How do trades happen?\\\*\\\* A token holder may sell an nft on the platform by submitting the details in the app. DAOs then execute proposals that turn into bids. DAOs bid against each other to get you the highest price for the NFT. Buying an NFT is simple. Select a DAO from the list and browse their wares, select on an NFT to buy. \\\*\\\*Minimized Risk, minimized gain?\\\*\\\* Shared risk, shared gain. The profit distribution is calculated based on how many shares you own. You choose how much to invest and in turn receive as profit. \\\*\\\*There must be more to it?\\\*\\\* Your stake in a DAO holds value. You can sell your shares for a price set by you, handy for when the DAO is full and business is booming to make a bit of quick crypto. \\\*\\\*The legal stuff\\\*\\\* Trading carries risk and while the risk is lessened here it still requires you to invest money into something that may or may not give you returns. Trade at your own risk. \\\*\\\*The technical stuff\\\*\\\* This app is a typescript port of a golang desktop app that used key stores for the wallet. For the Beta, private keys are stored in a database that is encrypted client side by a password of your choice. New wallets are automatically created and it’s recommended that you use an auto generated hot wallet instead of importing a private key from an existing wallet. The beta runs on Sepolia so use a Faucet to get sepolia ETH to start trading on the platform. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

bfr_

There are NFT messaging services. They essentially get a picture with the message.

Iranoutofhotsauce

Buy an NFT and send it back to them

crimeo

Okay, here: > Did you read anything I wrote? I said they missed a market. They created a market for dog and ape pictures right? The energy would have been better spent and more sustainable if put into actual practical uses such as the suggestion made. I dont give a shit about nfts. They just did it wrong. Thats all. And "the suggestion" in question was: > Would it be lucrative to have "artwork" nft tickets with exclusive features for fans of an event? So you clearly claimed that "having artwork on NFT tickets with exclusive features for fans of an event" was a "practical" thing to do. How, specifically, is it practical?

crimeo

I can't apply a dictionary to a reasoning you haven't given yet. You have to tell me how you think the NFT is practical before I can possibly consider if it's a convincing example of practicality or not. Right now you're doing the equivalent of saying that your couch in your living room is a shade of blue, and expecting me to agree when I haven't seen any photo of it or product name or anything.

crimeo

Tickets are useful, yes, abd 100% of that usefulness exists prior to the NFT being added. Then 0% more is addee by the NFT. Cars are useful. If I tape 20 broken condoms to the car, it's still useful for getting me around. The "upgrade" itself however was not useful

Relevant-Office-8938

Crypto is NFT

MunkberryMoonDelite

To me the most important factor of crypto acceptance would be the widespread use of cryptocurrency in transactions. And so far I’m yet to see any sign of widespread adoption. Outside of the drug business and illicit money trading activities, no one is using crypto to buy or sell things. People are using it as a hedging tool and as an investment instrument. And this ultimately makes crypto no better than NFT where the whole value of cryptocurrency depends almost exclusively on people’s greed and nothing else.

exoviyus

Stonkbroker is all you guys need, check their NFT

xyrus02

If you buy an NFT in 2026, I can not help you and God can't help you either.

Express-Economist-86

In my early days I lost a couple hundred dollars of BTC on a hot wallet, but after learning and planning from that and comparing it to what I learned and planned in college, I decided it was acceptable tuition. I am but a peasant income-wise, so it stung, but I didn’t die, so it’s not over yet. Instead of simply BTC maxing and holding, I moved into (mainly BTC backed, but still quite diversified) dividend-paying stock. I then learned about President Trump’s “big beautiful bill” which has 100% depreciation on new equipment, and got into physical and NFT hosted miners for some steady gains under a business license. The NFT miners don’t qualify for the same depreciation schedule, those are over 15 years but that’s alright, it offsets taxes paid on daily mining income when I file. Back to the brokerage, I use income from my daily-dividend payer (STRC) to buy BTC in my broker (yeah it’s not my keys - but I move it out when it looks like a scary amount to lose) whenever my in-broker stack says my BTC is down. If BTC is up, I don’t buy it that day, surely one of my diverse dividend-payers is down? I get that instead, and have a commitment to myself to do so every paycheck from working. I estimate I’ve added a bit over a month of cash flow to my year (at a hourly rate I’m ok with) in my dividends, and that’s made it so much easier to stay the course on BTC ventures. Basically feels like free money, and since I’m only buying BTC or elements of my dividend basket (as either turns red), my cost basis is always decreasing and I’m almost daily a little better.

casiocoin

NFT’s are far from dead, that’s the blueprint as to how we tokenize RWA’s in the short future. I think the old ones will come back when the use case is there for real RWA’s. I’m not heavy into them, just mostly BTC, ETH, some select memes, but I see the potential of individually serialized tokens on a blockchain interfacing with individually serialized assets, I.e. vehicles, real estate, Pokémon graded cards etc. all of those are individually serialized RWA’s that will eventually have a 1:1 NFT proving digital and physical ownership. Want to sell a car, house, sports card? Just receive payment over a blockchain network and transfer the digital RWA (NFT) through defi or exchange, it doesn’t matter. No more 3rd party, DMV, govt land office, probate, estate disputes, NFT’s are now sales contracts for anything, irreversible, timestamped, and can contain additional digital information.

Collection_716

I think there are still some NFT's that are working. NBATopShot is still strong and MetaVixens seems to have a popular following

bigdeezy707

Crypto and NFT's have more life's than a cat 😂

Fortune_Donut7432

You can't compare NFT and crypto. May be memecoin, but is the trend totally over ? BTC, ETH, SOL, damn, even XRP, but there is way more, are still alive, no matter the downtrend. NFTs were a shortlived trend. Bear markets are frightful moments. It is temporary.

BrokenHefaistos

Everything has it's ups and down, I expect a return of NFT but in a diffrent form. No apes, tokenization.

iownreddit0690

ABSOLUTELY ot could! BTC is the OG but its really NO different than an NFT! Its all backed by a "belief" that it will do something and be "worth" something! Its really just a thought that people bought into! I did, just as many others have! Does it really have any worth? Absolutely not, other than a micro group of believers

Ok_Significance8777

Nah you just havent found the right community. Doginal Dogs are running the NFT game right now.

Typical_Breadfruit15

Sorry but isn't NFT part of crypto? I guess you mean the coin part of it.

iz_raymond

Not the way of NFT, but the Dot.com. Blockchain tech will consolidate to a more useful usage case, working more in the background of other tech industries rather than in the front like currency. BTC will continue to be a widely agreed and traded digital assets, while the rest resolve to nothingness.

Tostonn

Look up Stonkbrokers on Robinhood chain. New NFT tech that could possibly lead the something. Lowkey close to an ETF and I feel like maybe in some legal gray area but they are popping off rn

TempusEdaxRerum-

I just cashed all my Crypto. Could regret it, but I also hate what has happened to the industry. Trump pulled off the ultimate rug-pull with lime 4 different coins and pulled a ton of money out of the market. Also, I’m concerned that AI is going to enable a phrase hacks in the future and wipe out fortunes. I say it’s going full on NFT.

Animated_effigy

You just have to understand how tokenization of real world things could happen. The easiest example to explain how a non-fungible token can be useful is the example of a concert ticket. Tickets have value and get resold on secondary markets. An NFT of a concert ticket would be able to be sold on an exchange and due to how they are made a built in royalty can be sent back to the creator every time its sold without the distributor needing to make their own software for digital ticketing. And thats just one thing. Digital identification and credentials, All kinds of intellectual property, interoperable virtual economies, real estate assets, supply chain transparency. The use cases are there.

ArnoldJeanelle

"Missed a market" - what market? "practical use cases such as the suggestion made" - That's not at all practical. There's no reason to use an NFT for this. You say it would be "lucrative" and profitable - How and why? Nobody on the planet has ever bought a concert ticket and thought "man, I really wish that was tied to a digital ledger and also had a video on it. I'd pay top dollar for that" unless they were already on some NFT hype train. What u/crimeo is saying is: This is a solution that's looking for a problem. You can come up with a million applications: "What if it was a car but also its an NFT?", "What if it's an NFT but it's also your newborn child?" - but all you're saying is "X + slapping some bullshit on it for no god damn reason"

crimeo

If it adds no new value, and it costs gas fees, then it has no market there. You can't miss a market that didn't exist. > Would it be lucrative to have "artwork" nft tickets with exclusive features for fans of an event? Maybe, but *NFT's cannot do that*. Nothing about an NFT makes the artwotrk on it "exclusive", in fact it basically does the exact opposite. The artwork is now inherently public, and I can simply take a screenshot of it and save my own copy. I can even mint a 100% pixel for pixel identical artwork as my own NFT. No exclusivity. The only exclusive part is a random dry meaningless memory address that is off topic from the concert and isn't fun at all.

Just_a_man_more

Crypto is something useful (financial diversification, global access, quick transactions, etc). NFT was supposedly the new form of art until everyone sadly realized that massively-printed shit was worthless.

VirtualAlaska_

NFT hype is alive and well on robinhood chain right now

Firm_dude

Unlike NFT, crypto has somewhat of a use case.

crimeo

> useful for what? An NFT literally has no use, because it's impossible to make a trustless oracle in blockchain for anything outside the blockchain. So it cannot hold any authority about land, vehicles, concert seats, anything, without external validation. At which point it's 100% redundant with that external validation. And nothing on the blockchain natively is useful to begin with inherently, so it being able to validate those things is in turn also not useful.

AdviceDue91

NFTs were never anything a few dummies like Jake Paul and Bieber bought stuff for an insane price but it never had the ups and downs like crypto . The economy is horrible and nobody is trading bc of it but it goes up and down . NFT Never even started

crimeo

NFTs offer zero value for tickets or titles to vehicles or land. Nothing an NFT says on it is just true simply because it's in an NFT. Therefore governments adjudicating disputes over land or vehicles need to have separate, THIRD PARTY confirmation that this NFT goes with this land. Be it witnesses, state registries, title databases, DMV records, blah blah. At which point that non-crypto connecting paperwork may as well just also include a paper title as well for no extra drawbacks. Long story short: oracles are not trustless, so NFTs are not trustless for anything that exists in the real world.

Ok_Gas1070

Most were, but the one I hold rewards holders every month with 50 dollar food giveaways, SOL itself, or a free NFT which is valued right now between 100 to 200. Holder count is low so the chance to win stays high. Also one of the few if only NFT collections that hold a whole bitcoin.

Uvanimor

‘NFT technology’ is not the future of copyright, there is nothing a NFT can do that a QR code and human verification (which will be more important in the AI era for verification purposes) already can’t.

No-Cod-2908

NFT hype is literally going up rn lol

uhohsusan

We’re using a form of NFT’s to encrypt personal biometric and health records data to live locally within the individual’s devices for any correlateable data. Same for deeds/titles/contracts in RWAs. Not dead, so much as being embeded as an accessible, permissioned layer into systems. Hyperspace uses a form of them as a GUI for wallets.

Animated_effigy

NFTs were never about what happened in 2021. An NFT is a useful piece of new technology that people did the most rudimentary thing they could think of with, slap pictures on it. When paper was invented, great novels werent immediately made. NFT use cases will come fast an furious during the next bull run as mass adoption starts turning things digital. The reason altcoins are falling off is bc most of them are useless. Use cases are the only thing that ever mattered in crypto and now that no one has money to speculate anymore, the use case coins will rise while the speculation coins fall.

Ruzhyo04

NFTs do solve a problem, btw. A problem even you have, you just don’t realize NFTs are the answer. They fix digital asset ownership. Your Reddit account, your game items, your purchased movies and music… everything digital could be an NFT. This would allow YOU to own these things, instead of relying on corporations or the government to custody them for you. You’d think Bitcoiners would be the first people to understand this concept. It’ll always be hilarious to me that they seem to be the last instead.

Erik-Zandros

I work in tech/cyber consulting. Crypto is far from dead. My clients include financial institutions adopting crypto (mostly the blue chips like BTC, ETH) for both consumer-facing investments (ETFs, etc) and internal financial operations (moving transactions on-chain). They are paying money to secure/advise them on these things, so they must believe in it's future profit/savings potential. With passage of CLARITY act, we would get legalized stablecoin yields and everyone in the world will be able to own USD-denominated virtual bank accounts. If you don't have relatives outside of the US or the Eurozone you won't understand the latent demand for US dollars. That alone will make ETH and other defi layer 1's and layer 2's demand go through the roof in the medium term (5-10 years) Lastly about NFTs. Yes the NFTs that were popular in 2020 are likely dead permanently. But NFT technology may be the future of art/copyright - the only thing we have to validate real human generated work in the age of AI slop. In the long term 10 years + , we are seeing a decline in the dollar as the world reserve currency as the US's status declines relative to China. International trade will no longer have a single currency in which to transact in. China has already bought up massive amounts of gold in preparation for this, but gold is not suited for today's instantaneous economy. I think the long term winner here will be Bitcoin.

Positive_Reading_923

I don’t think crypto will follow NFT way because it’s the greatest technology boosting decentralisation and independence which the humanity is lack of sometime. And talking about NFTs, I am absolutely convinced they are not dead. We see their boom and busts cycles regularly. For example: RobinHood chain now intensively launches new NFT collections and some of them have real fundamental usage rather those we saw before

Rynke69

Crypto failed to become easy payment. You don't just pay for a pizza with Bitcoin. Warren Buffet said it. If he was offered all the Bitcoin in the world for 100 Million, he would say no. How could he now convince people that a Buffet coin was actually worth something. If you look back, it's easy to see when you should have bought some. I remember when the NFT was hyped and some paid huge amounts for digital art. Now not so much

analogbasset

This tends to be how it goes! When it goes back up at some point crypto will become popular again, etc. As for NFT’s, I think they died so quickly because people never really got behind them to begin with. There was a niche community but most of us still saw it as paying thousands for a jpeg. Funnily enough there is still a sign by the road near me telling people to “buy wine NFT’s,” but when you go to the site it’s defunct lol

AutoModerator

Post is by: tmenjoyer and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/1vohaog/could_crypto_go_the_way_of_nfts/ The NFT hype seems to be dead for good. Noone is talking about it or investing in it. I feel the same about altcoins. Noone is talking about it, except when the US president tries to scam his fans again. The only coin that people still seem to care somewhat about is Bitcoin, but the public conversation is pretty much dead except those who own it. There has not been any talk of any new revolutionary coins/tokens in several years.m, except for perhaps very niche communities. Honestly. Could crypto (bitcoin) fade into slow death like altcoins and NFTs seem to do? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

CipherScarlatti

Polygone shouldn't be anywhere near anything. One of the people in the planning will probably get discovered to have an incentive for picking this. Unless they're planning on making every printed GBP an NFT. /s

iz_raymond

There was never an alt coin season.. it was just NFT hype that Alt coins could capitalized on. And now fail to capitalize on AI hype bcos frankly, alt coin lacks true usage case

bitusher

Don't associate most Christians with Luke . There is a world of difference between the two >the fact the didn't have his own NFT collection Luke has historically been a larger spammer than 99.9% of others

BrokenHefaistos

NFT, and use it as it was meant to be used.

Helpful_Move9546

Feels like most of them were just a token launch with a Unity asset flip glued on top. The few that had actual game loops worth a damn pivoted to infrastructure the second the NFT market cooled off. Easier to sell shovels than run a gold mine.

nullc

Because of toxic harassment by Luke-jr the policy limit on op_return wasn't relaxed when there was cause to do so (e.g. ZKP and payment channel info that needed a bit more than 83 bytes). This caused people to go directly to miners, and miners just removed the restriction entirely. This resulted in poor block propagation which increases large miner profits relative to smaller miners, and incentivized private submission mechanisms, both of which are centralizing. Because the restriction was dead, no longer effective, and actually creating harm and centeralization pressure, bitcoin core changed the setting to turn it off. No one told you an application for a "100,000 byte op_return" because there isn't one, and no one is creating such large op_returns. But unfortunately, luke's abusive and delusional refusal to adjust the rule as when there was a need and people were paying for it and the project's unwillingless to stand up or eject him for his abuse meant the development community lost the ability to influence that particular policy. Fortunately it wasn't particularly important-- if NFT crap did move from elsewhere into opreturn it would be good news not bad.

Objective-Macaroon22

BTC price has nothing to do with its success. It’s an exercise in human psychology and economics. Cryptocurrency has no value proposition. Why should I or anyone else not use FDIC insured banks? Why should any financial institution switch to cryptocurrency? Just like, why should I or anyone else switch from a DB to NFT for storing users’ digital items? You’re a smart person. Read what you just wrote 3 times out loud. It sounds ridiculous. No one cares about how you were configuring TCP/IP. Your comparing cryptocurrency to the Internet is outlandish. The Internet has value. It solves problems. There is unprecedented value in myself or others using it or moving existing systems to it. Same with cloud services. Cryptocurrency? Sounds like a cool thing for the sake of being a cool thing. It’s not the Internet. Get over yourself, and stop being an asshole to victims.

nullc

1. Bip-110 is unlike all softforks since the time of Satoshi: It doesn't require a supermajority hashrate to activate. It doesn't require any at all, and has almost none. The only way there won't be a chain split at this point is if the non-false-signaling BIP110 miner stops at the mandatory height. 2. " To create an invalid UTXO after BIP110, you'd have to be extremely technical and do it on purpose" -- no all you need to do is send to an address you've sent to previously, which is in your address book, which is no longer valid under 110. As just one example. Address reuse, intentional and accidental happens all the time-- and as a sender you have no way to tell which addresses you already know are not valid under 110. Last I checked even knots would also freely create new multisig addresses that were 110 invalid, though they did make a release *today* that might have just fixed that by taking away the ability to make multisig addresses. 3. "Damages bitcoin rep: according to who and why? There have been multiple soft forks in the past." no past softfork has ever intentionally removed functionality that was in use for finanical transactions, none since satoshi has reduced bitcoin's functionality. None have been predicated on an angry minority going after some other users they don't like. None have been predicated on "firing" the authors of nearly 100% of the node software. "It only really became possible with thr taproot bug" -- no there has been random data in bitcoin all along, including images. Fun fact Luke-jr was likely the first spammer himself. 4. Fees are directly paid to miners. Yes, competition reduces profitability over the long term on average but the marginal income is very real. But this isn't really all that relevant to bip110 because bip110 doesn't block any of the NFT crap anyways. 5. Back to point 1 BIP-110 doesn't activate based on hashpower. It activates based on a block height, which is why it will create a fork unless the miner mining it gives up before the manage a block. 6. there is plenty of cool stuff using taproot, what are you smoking? :P BIP 110 removes far more than OP_IF, -- especially damaging is the removal of all the OP_SUCCESS which guts further safe upgradability. But OP_IF is not at all redundant or unneeded in tapscript: it's often much more space/fee efficient to use it, if you have multiple conditions in a script the number of leaves you need to represent them is exponential. And then they also limit the tree to 7 levels so even a script that would otherwise be possible (with massive space overheads) split up, isn't because of that other limit. 7. Luke-jr expressly wants to censor transactions, especially any related to gambling as he believes them to be illegal and unethical and when he controlled the copy of Bitcoin Core distributed in gentoo he injected filters to do so. These NFT dumbass transactions are also themselves still financial transactions where people are spending their bitcoins on digital stupidity in order to launder money. But even if there was no interest in censoring transactions (which there is)-- 110 builds mechanism and precedent for doing so. 8. Bitcoin takes advantage of the nature of information being easy to spread and hard to stifle. It's structured so that censorship of any kind is very difficult, but bypassing censorship is easy. This means that even good intentioned censorship (oxymoron-ish given that all censors think they're good intentioned...) doesn't work well. It's a price we pay for freedom, and a good tradeoff. 9. " and they all need to be held in RAM to run a node. " Absolutely nonsense. The UTXO set has *never* been required to be in ram in any version of the software. The UTXO set is on disk, and it sets the minimum amount of storage to run a pruned node. Plenty of people are running nodes right now on systems with 8gb or less memory. The UTXO set size is important, since it sets the minimum disk space needed at least until/unless utxotree or other proposals is deployed. 10. "there is no taproot functionality lost" Okay make a 110-compatible 3 of 6 multisig where every key has a backup key. 11. "It doesn't stop it, but nobody claimed it would. It's called REDUCED data" The authors many times have said that it would only switching arguments when called out, but also it doesn't reduce it either. While it doesn't reduce the amount or ability to embed arbitary data it does reduce bitcoin's functionality for ordinary financial transactions.. it even blocks literally the first script type ever used (P2PK). "Saying it shouldn't be done and its a never-ending game is like saying there shouldn't be spam filters on email" part of the problem of calling the NFT traffic 'spam'-- it may be dumb and bad but spam results in the wrong reasoning. Email spam filters are a private, personal, blocking of unsolicited messages to you that you don't want and which the sender spend basically nothing to send. The transaction blocking here is a global, worldwide, block of transaction information being sent from one consenting party to another consenting party who pay a huge fee to a consenting miner for the privilege. It is an imposition by a third party against the whole world... and it's being attempted against a system designed from the ground up to resist third party transaction filtering, whose justification for existence and value is substantially predicated on its ability to do so. The similarities are not substantial.

nullc

110 is a solidly bad proposal, which at best attempts to solve yesterdays problems unsuccessfully, and has been pushed forward with a bad process, and were it successful sets a terrible precedent. It's supported by less than 1% hashrate and maybe 4% nodes per my sybil resistant measurement, Jason from Bitcoin Ocean gave his figure of 3-6% from his own methodology, though even if you go by the highest numbers from supporters you only get 20%. And it's been promoted with massive amounts of astroturfing, zombie accounts (like yours), and outright dishonesty. It radically handcaps bitcoin's programmability and upgradability (e.g. removing OP_IF and OP_SUCCESS, and capping taproot to a depth of 7), invalidating existing scripts people use today which will cause funds loss due to (re)using addresses that become undependable under it and invalidating presigned transactions. If I were trying to come up with a proposal that would handcap bitcoin against competing altcoins over the long run I don't know if I could come up with something better than this. Embedded data in bitcoin is usually a total non-issue, -- the last spam floods were about two years ago, and today they're just a memory. The controls that exist in Bitcoin work and confine fad data floods to brief inconvenience. The ability for people to run nodes is protected by the blockweight limits, data generally makes nodes *cheaper* to operate if has any impact at all. The NFT traffic that is most common today isn't even inhibited by 110. And the inhibited traffic like inscriptions has already got updates to avoid 110. Unfortunately the non "spam" traffic of actual transactions that 110 blocks can't simply change to avoid it-- that's an advantage that embedded data enjoys because it doesn't need any particular processing by bitcoin. The authors and proponents of 110 have continually provided conflicting statements about its benefits justifying it on the basis of spam in one breath then literally calling people morons for thinking its about spam when it's pointed out that it doesn't stop or even inhibit spam. Rather than addressing serious problems about its safety and negative impacts, they've resorted to vile personal attacks against anyone opposed to 110-- wrongfully and baseless calling them spammers or even p e d o s (spaced text because of dumb automod) in a desperate attempt to suppress criticism. 110 was designed to activate with only 55% hashpower support, or once a deadline is reached (which we're a few weeks a away from) 0% hashpower-- essentially guaranteeing a chain split results. 110's primary creators clearly value getting their way over protecting the value of Bitcoin. The only node software supporting it is created by a single quarrelsome and somewhat odd developer and it has clearly not undergone rigorous testing. There is no 110 testnet. There have been repeated late discovered problems, including another one just today: https://x.com/DathonPwn/status/2078514978773192779 which shows that fairly basic testing has not been performed, as the same case of nodes upgrading after activation was handled fine in the past (e.g. segwit). The whole premise of 110 is that an intolerant minority of Bitcoin participants get a veto over transactions they don't like. I don't like NFT "spam" traffic either, nor do I think any of the regular developers of Bitcoin Core do. But Bitcoin's entire value proposition is money you can transact without the approval of third parties. A cost for this is that some people are always going to use it in ways we don't like. And 110 actually blocks people's use of money-- be it older script types like pay-to-pubkey (like Satoshi used!), or when you secure your coins with sufficiently fancy multisig policies. Moreover the *process* used by 110 and their proposed roadmap going forward with annual forks to adjust blocking rules, could be used to block literally anything or more precisely any person. Bad restrictions on freedom almost always start with moral cries that almost everyone could agree with ("Think of the children!")-- and then that power is deployed more widely. Bitcoin was intended from day one to take other people's power away from controlling your money, not the power of a state, not the power of a majority, and certainly not the power of an intolerant minority. Satoshi described bitcoin is a system free from third party control "no matter how good the excuse, no matter what". I think [this essay](https://meltingasphalt.com/crony-beliefs/) casts a light on why there is a vocal minority that is extremely in favor of and confident in this absolute lemon of a proposal.

DueceVoyeur

A pet rock I can hold for comfort. Bitcoin is a NFT ape

DWHudson1970

Just as long as they don’t hack into my priceless NFT collection.

Particular_Yard_2460

> The question then is how the hacker would use the mixed BTC in the real world, without people asking too many questions. Pay and artist to create a bunch of apes in hats. Upload them to an NFT marketplace. Use multiple wallets to bid millions of dollars for some digital monkey art. Duh.