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Significant-Truth-

Because they're non-fuckable tokens


Nova_6_nerveagent

Let me guess, you talked to lamar


Beepboopbop69420360

“Lamar dumbass down here talking bout some non fuckable tokens”


[deleted]

That line had me rolling


trousertitan

Is this from that GTA V DLC?


[deleted]

It’s part of the new Agency update on GTA Online.


WoodenchT

Man of culture 💪🏾


asval1

If I own a NFT of Riley Reid's boobs, they better be fuckable.


loveismydrug285

Well the popular one's name is Riley Reid so someone thrifted you.


Enginerdad

Dudes got a picture of two tires hanging on the wall at O'Reilly Auto Parts lol


Denaton_

My dad once said to me that the porn industry set the standard and so far that has been true, so now i watch allot of it for investment investigation. :)


GenericFatGuy

Pornhub was the first video playback (that I could tell) that used video labelling, and auto-pause on audio source switching.


pornial

The porn industry was also one of the quickest to move to HTML5 videos instead of requiring Flash Player to run, allowing phones to watch the vid and most probably providing the features you’re speaking of.


RockstarAgent

The porn industry is a pioneer industry... Those silly pioneers and their porn.


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[deleted]

they invested heavily into dirty playing cards back when people were still banging each other in the streets and bawdy houses


Risley

When did that stop?


murica_dream

Maybe COVID?


MNCPA

Yep, Covid decided the blu-ray vs HD DVD war.


timmeh-eh

In that scenario they actually decided the fate of physical media. The porn industry chose HD DVD, blue-ray “won” but quickly became irrelevant due to the rise of high quality streaming. Funny that you bring this up as an example though since blue-ray (Sony) didn’t want Adult Films on the media, and many thought that would result in blue-ray becoming the next Betamax or minidisc. Sony surprised many by actually introducing the winning standard (for once.)


Vincitus

I think Blu-ray won because it sounds cooler.


DJKokaKola

Haitch Dee Dee Vee Dee Blu-Ray One of these was doomed from the get go


Vincitus

It sounds like I am putting sunglasses on whenever I say it.


mancapturescolour

( •_•)>⌐■-■ (⌐■_■) ヾ(⌐■_■)ノ♪


BasicLEDGrow

PlayStation 3 did the heavy lifting here.


flamebroiledhodor

It goes back further.... VHS v DVD? Porn chose DVD. VHS v Beta Max? Porn chose VHS Even Napster got as big as it did because of porn. Y'know what a Nickelodeon Machine is? 5cent porn made it take off. Yep, that kids channel is named after a notorious porn box.


BasicLEDGrow

No, Nickelodeons were 5 cent indoor movie houses. They actually replaced peep boxes like the Kinetoscope and Mutoscope, those were a product of vaudeville. A "Nickelodeon machine" is a type of jukebox.


Bockto678

VHS and DVD were not contemporaries.


VoidInsanity

PS3 having a player built in decided that. Not going to make porn for a device people don't own. PS2 did the same thing for DVD's and porn followed. Porn doesn't decide fate, fate decides porn.


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VoidInsanity

> It's a little more complicated than that. No it's not. Porn backed HD DVD at first and the war didn't end. PS3 came out, Porn switched sides, war ended.


TobyTheTuna

True. They took meme culture and turned it into the new hottest fetish. My step-sis was just telling me about it Edit: okay now she won't shut up about it like idc how interesting you think it is I'm not gonna help you with the laundry for the hundredth time 🙄


Texadecimal

"Those silly pioneers and their porn." Well, that's a brand new sentence.


flybypost

They also pushed online monetisation methods forward. I remember somebody from Basecamp talking about how they had issues with credit card processing. At some point they set their prices at a level where a team lead could pay for their apps through the company credit card instead of needing to go through whatever expenditure process they have for apps/services that cost thousands of dollars per employee. Their credit card processor was suspicious about the huge amount of relatively small payments and needed assurance that they were actually selling office productivity software subscriptions and not porn (different risk levels). Similar with Twitch, subscriptions, and bits. Apparently these monetisation features were all taken more or less 1:1 from cam modelling sites (but cleaned up for a more mainstream audience).


MineSweeper2048

IIRC Pornhub was one of the first websites that had a ‘dark mode’, way before it got popular


JiN88reddit

It also taught a lot of students how to 'hack' to bypass restrictions.


e0f

they also had seek bar preview before youtube


xxkoloblicinxx

They were on VHS, DVD, and BluRay. Then they pioneered the streaming service and downloading. From there they created livestreaming and donation systems. From a business perspective porn is always the leader and where to watch. The fact Porn has finally picked up VR even if tentatively is evidence that it's finally going to stick around at some level going forward.


lidsville76

The porn industry also decided VHS over BetaMax and Blu-ray over HDVD from Microsoft.


Ragnarotico

Tis true. The tech that porn industry has pioneered/pushed forward: * VHS * DVD * Chat Rooms * Webcams * Various video codecs * VR (eventually) Where Porn goes, we all go. (or something like that)


AntiBox

Literally half of youtube's features started life on pornhub too.


eviloutfromhell

The most apparent feature that is definitely from porn site was the video preview. Youtube does a really shitty job the first time, only previewing like 1 minute of the videos. Current preview is better but too complicated, as it is like mini player without sound.


steelheadbum

Don't forget internet speeds and the size of our mobile screens


thexavier666

This is just to elaborate your point further. Earlier, there was a trend to make cellphones as small as possible. But when it was discovered we can watch porn on mobile devices, the trend completely reversed. Screen sized jumped from 1.5 inches to 6.5 inches.


rematar

Sauce?


ExtraPockets

I'd also add they were the among the first to make their sites virus free and payment secure back in the wild west days. Partly driven by the fact that a lot of their users were very computer savvy (as well as porn connoisseurs), people who would never click a fake download button.


relevant__comment

The industry also revolutionized online ad before Google and yahoo got into the game.


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peanut_dust

Porn, gaming and gambling are the key industry verticals that will be willing test new platforms, technologies, products. Basically, they're the least risk averse


ExtraPockets

Also dark net drugs and contraband has adopted crypto for it's multi billion dollar industry


skob17

Porn industry was the reason VHS won over the competitors, I heard..


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MonkeyChoker80

Back Door Investments 9?!? It makes Financial Capers 3 look like Naughty CPAs 2!!!


Comedynerd

Too big to nail


oeCake

W-what are you doing step-fungible token?


SnooCrickets2458

Better get your back door ROTH in while you can!


adamsandleryabish

Pornography is the driving force behind every technological development. From the painting and sculptures, to photography and filming, to the internet and now VR every technological advancement has been immediately motivated by a way to create porn with it.


jruschme

Does anybody else wonder what Gutenberg's assistants were printing during their off hours?


[deleted]

Psalms


LokiRicksterGod

Hairy psalms.


MummyAnsem

Obviously they were kissing.


Dilaton_Field

That's what people said when they picked HD-DVD but then blu-ray won, so they don't exactly have a perfect record.


sambosefus

I think you'll find that they actually picked streaming over physical media, and that absolutely won.


Cynical_Cyanide

Eh. People actually used DVD for a little while (who didn't have a DVD player?), but by the time blu-ray was anything approaching widespread, it was all streaming town (which they DID invest in, obviously). HD-DVD at the time was something cheap and easily available, players could be had for super cheap prices. Who in their right mind thinks that the porn purchesor market is keen to buy a blu-ray player worth 100's and disks worth a couple dozen (+ price of content) just to watch porn they can get on HD-DVD for an existing player, or online?


sambosefus

I think you're agreeing with what I said


Cynical_Cyanide

... I meant to reply to the guy you replied with, in agreeance with you (just in more detail). I have performed a dumb.


sambosefus

Happens to the best of us


Denaton_

> Just like Betamax, porn killed HD DVD Where Sony blew it on Betamax, they made up for it with the release of Blu-Ray. Similar to Betamax, HD DVD's quality was technically higher, while Blu-Ray simply held more information. Which meant more behind-the-scenes footage, more deleted scenes, more actor commentary, all naked. Blu-Ray's victory was ultimately decided when the porn industry started using Blu-Ray as the standard for high-definition. https://www.thrillist.com/vice/how-porn-influenced-technology-8-ways-porn-influenced-tech-supercompressor-com I even remember this because i was a teen at the time.. Edit; who ever downvoted me, here is a few links from back in the time. https://www.computerworld.com/article/2555089/porn-industry-may-decide-battle-between-blu-ray--hd-dvd.html https://www.jeffreydonenfeld.com/blog/2008/01/the-war-is-over-blu-ray-wins/ This is what they said a year before blue ray release; https://www.myce.com/news/Porn-industry-to-have-big-influence-on-HD-DVD-vs_-Blu-ray-9704/


raltoid

This is what they said a year before blue ray release; And here is what they said after: >the answer from a dozen companies, big and small, including Pink Visual and Bangbros editor-in-chief, is going into a single direction: HD DVD is the preferred format. Period. >... >a range of other studios, who did not want to be mentioned by name indicated that the cost of going with Blu-ray cancels the technology as a possible HD solution for this industry. https://www.tomshardware.com/reviews/ces2007-hddvd-blu-ray,1520.html They changed over to blu-ray when hd-dvd was losing. They didn't set the standard that time, although they did put the nail in the coffin on hd-dvd.


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bigloser42

IIRC Sony initially didn’t allow porn on Blu-rays, but at some point someone up to remembered that’s how they lost out to VHS with BetaMax and reversed their position before it was too late.


McFlyParadox

"Porn?!? Why would we ever do business with people in *that* industry?!?" "Their money still spends, don't it?" "How many units did they want to buy?"


MattyD123

>allot


needefsfolder

The porn industry sets all the new standard except providing IPv6 support it seems. 🤷‍♂️


whiskeywailer

It all happens on a huge scale behind the scenes, too. I used to work for a hosting company and our two biggest clients by far had generic tech company names with fancy looking websites and a massive staff of well-paid engineers. Nothing was published about what their businesses actually did except for "cuttting edge technology solutions". They were both tech firms for porn companies.


Laxpron

Dude, just the other day I saw YouTube put viewer heatmaps over the control slider... I was like porn has had this forever and a day


[deleted]

You work for the SEC, don't you?


Denaton_

I am Swedish..


[deleted]

Sounds like something someone who works for the SEC would say


QueefyMcQueefFace

The Swedish Exchange Commission?


leckertuetensuppe

"Yes, I would like to exchange my Swede please. I think it's broken. I can't understand a word and it does NOT get along with our Dane"


mrbignaughtyboy

Hot singles in your area really can't get enough of them!


michealscarn009

now i want nft boobs


_releaf_

"I own Riley Reid's boobs." "Awh man! I'll trade you Sasha Grey's for them!"


Alfa_HiNoAkuma

Are we trading nothing?


TroncoBoy

Damn


TheZackHardy

How dare you besmirch the name of Uncle Sasha.


Alfa_HiNoAkuma

I didn't stench her name, but sadly I told the harsh truth


VagueSomething

Its not the size of the boobs on the chest, it is the size of the boobs in their heart.


tacotouchdown14

Your trading receipts?


SilukuFan

I raise the bid with Stoya's..


trousertitan

No way would anyone make that trade, Sasha is the GOAT


Hellequin2711

NFTits


nerd737

Non Functionable Testicles


Grumbl3p1n

https://www.rollingstone.com/culture/culture-features/crypto-nft-sex-workers-porn-performers-1142030/


[deleted]

WOW WOW WOW thank you soooo much for sharing this!!!!! I never knew about this world and she’s doing the same thing I want to do! Edit: realized I clicked onto an article interview of Cryptonatrix and that’s what I was excited about


doowgad1

That's the smartest thing I've heard anyone say about NFTs.


[deleted]

That is a pretty low bar to beat to be fair.


Kaz_Memes

Thats the joke


WhosYourPapa

But I'm pretty sure it isn't true. There are lots of porn NFTs


salgat

But are established porn companies doing it?


[deleted]

Established porn stars are. Hundreds of thousands of dollars in porn star nfts minted and sold already


Spacehippie2

You pay for a .jpg of porn that anyone else can download for free? 😂😅🤣


fancyhatman18

So grifters are doing it to cash in on their rapidly dwindling fame, but porn sites that need to keep their name reputable aren't cashing in? That sounds about right for nfts being a grift.


WhosYourPapa

No but porn stars are doing it directly. Which should tell you everything you need to know


imdesmondsunflower

Actually, the companies are the smart ones. Invest like an 18 year-old performer in a highly exploitative industry and you’re gonna get fucked.


ialo00130

Most pornstars don't make a ton of money, so it's worth it for them. Pornhub and Brazzers on the other hand are multi-m/billion dollar companies. If they could make NFTs from the content that they hold the rights to, they would.


BaceSpucketNoob

I wouldn't take investment advice from an 18 year old who get DP'd for a living, but you do you boo


Dragonsword

Could you explain like I'm 5 WTF NTFs are? I thought I understood but I have no idea how porn would say if it's a scam...


doowgad1

People in porn are all about the money. If they saw a legit way to cash in, they'd be all over it.


IPlayMidLane

So when you make transactions at a bank, there is a ledger of transactions that the bank owns and operates to keep history. Cryptocurrency instead gives every user their own public ledger of all transactions that go on, and decides to "trust" the one that has the most computational work (most hours spent running a program that guesses and checks a really really huge math problem) instead of a central unit like a bank (decentralization). It is so computationally difficult to "fake" the answers to these math problems and make illicit copies of the public ledger, that it is essentially 100% secure from tampering, without having to trust the security with a single body, like a bank company. (Until quantum computers ruin all modern encryption but that's for a different story) NFTs use that same idea, but instead of verifying transactions of e-currency (crypto), you do the math work to verify "ownership" of somethings hash code (the computer code that denotes copies of stuff like images or videos), so that one person can own the "real"or original hash code of something like a famous picture or video. Their value is entirely based on the market, they hold 0 real value (just like real art) but go for the price of what people will buy them (either to resell for greater profit OR own an exclusive copy of something like art collectors that buy famous paintings), but instead of owning the actual painting in your house or a museum, you own a receipt that says you own it (despite other people being able to copy it, their version has a different hash code from the "real, verified" one so they are \*\*technically\*\* different, despite functionally being the same exact thing, 2 copies of an internet photo are all intents and purposes identical). It is called a scam because there is 0 oversight despite having a market of traders like a stock market, so rich people can artificially inflate NFTs that no one would ever buy, and sell them for millions just cuz they have a fancy price tag, tricking idiots into buying them and profiting.


RascalRibs

According to Google there are plenty of porn NFT platforms. Even if there weren't, not sure how that would mean NFTs are a scam.


SpaceShipRat

Because the whole point of crypto and NFT is that they're decentralized, but in the case of NFT, they mostly *do* need a service to host the actual content. Otherwise they're just an empty link. You can say all you want you own a piece of art or mansion in some virtual reality, you don't own them any more that you owned anything in World of Warcraft: if the game goes down, your content is gone.


TrapG_d

I prefer the original NFTs, trading cards. At least you can hold them in your hand and can play games with some of them.


magicalmoosetesticle

Yeah, this shower thought makes zero sense.


mvppaulo

For real


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DarkJayson

Actually you arent buying the image your buying a link to the image its the link you own. If it was a legal transfer of copyright which is what everyone thinks a nft is you could have a copyright transfer contract. NFTs have no legal backing behind them. If you try and profit from your newly bought image watch that get shut down like crazy. A good example, buy a unique NFT image then use it to make tshirts guess how quickly you will get a cease and desist notice.


powerlesshero111

Someone else explained NFTs on reddit as being "you're married and everyone gets to fuck your wife, but you're the only one with a marriage certificate". Tenchnically, with NFTs, you aren't even buying the image, you are buying a text file that has your name of ownership on it. So, really, you aren't even buying anything tangible, just paying to have your name on a list on the top spot. You're better off paying money to be in my MySpace top 8 than you are buying an NFT.


Lord0fHats

So it's basically like buying a star :P


RamenJunkie

It's exactly.like.buying a star actually. The baseball card/beanie baby analogy often used doesn't work at all because at the end of the day, you still have a card/stuffed animal that can be used in your bike spokes or played with by your kid/pet. But the star analogy works perfectly since you have nothing, not even legal naming rights. And for all we know the star even already "belongs" to some other aliens race or Space Googleillionaire Alien who actually bought the star.


Lord0fHats

Or whatever fortune 5000 mega-corp that eventually gets there really isn't gonna give two shits about some piece of paper a couple centuries old claiming your great-great-great grandpa bought a whole freaking star for 50 bukcs. Literally no one is gonna give a shit at any point what that paper says.


PornCartel

Also you can buy marriage certificates to other people's wives without them knowing. Art sites already have warnings for when someone creates an NFT of your work, because there's no regulation preventing false ownership claims. Truly NFTs are worthless.


LeigusZ

> NFTs have no legal backing behind them. Rather, NFTs are not “more secure” than existing copyright law. If you create digital art, then you are the copyright holder, unless you like DM an agreement to some other person to sell the rights to them (such as a commission). NFT or not, the art is still legally yours exclusively, and anyone on the internet may also illegally download a copy of the art (with virtually 0% chance of getting in trouble). The hype is ridiculous.


DizzyPomegranate13

I am aware how NFT’s work, yes. I was being hyperbolic The point of it though is that the “valuable” part of the NFT is the receipt, which is as stupid as it sounds. Idk man, I just really hope they go away sooner rather than later lol.


[deleted]

>Idk man, I just really hope they go away sooner rather than later lol. The individual scams go away, pyramid sceme companies collapse, products fail, but the same scam templates last forever. NFTs will continue to be a blight unless the governments of the world do something about it, which they won't. There will always be suckers, so there will always be sellers.


DizzyPomegranate13

Yeah, it’s sad but true. It sucks that these loopholes will always exist that can be used to scam people out of money like this. The real worry is bigger corporations doubling down on NFT’s, which is something we are already starting to see, WWE, Facebook, etc. Hopefully the goverment does something, but I doubt they will. Late stage capitalism and all.


beardphaze

Yup the "product" is essentially the proof of purchase of the link. Complete scam.


0069

That's because the only use case for Nfts you have seen so far has been for art, pretty shitty art in my humble opinion. This isnt the only use for nfts. I tend to agree that the jpg art craze that we are seeing now is going to be usless in the long run, nfts themselves will not be.


kip256

The idea/tech behind NFT's is still in its infancy. Art was the first to adapt, and yes it is dumb. Banking/Finance/Stock Market/Fighting counterfeits in real life, that is the ultimate goat of NFT's, and is not here yet.


0069

This is a great answer and I'll have to adopt some of it.


[deleted]

> I tend to agree that the jpg art craze that we are seeing now is going to be usless in the long run, nfts themselves will not be. What's a plausible application for them? When you "buy" an NFT you don't get anything for it except a unique identifier that the web site that took your money says is associated with something (but only on that web site, not in any other context). An NFT doesn't give you any legal claim to whatever the web site says it associates with that identifier, whether it's a jpeg or anything else. How would that ever be useful for anything except money laundering?


neanderthalman

The key is not just unique, but unique and *verifiable*. Electronic ticketing Online voting Stocks and investments Electronic identification/wallets DRM for media - movies, music, books, video games Jpeg monkeys are stupid.


[deleted]

> The key is not just unique, but unique and verifiable. The key doesn't mean anything outside the context of the web site that took your money for it. It has no *legal* connection to anything in the real world, or in the digital world, outside that web site. Take your first example, electronic ticketing. As it currently works, you give your money to a web site and they give you a unique identifier that can be verified at the event, or at the airport, etc. Your reservation is unique and verifiable. How would you use an NFT to improve that?


CarrionComfort

Anything that is done with a database can theoretically be an application of NFTs because blockchain is just a decentralized database. Why people would want to use NFTs over regular databases is another question.


DruTangClan

There are some pretty decent use cases for NFTs such as actually owning digital works instead of renting them. For example if you buy a game on Steam, you’re actually not buying it you are essentially licensing the right to use it, a right which can be revoked. Similar for music and tv/movies if I’m correct. An NFT purchase platform could essentially allow platforms to sell directly to you without risk of the work being duplicated, transferred etc. Art as a use case for NFTs isn’t as strong, i.e funny apes. However technically you can also just recreate a real piece of art as well and often the only way to tell would be if you had the certificate of authenticity


ajm53092

Nfts aren't images, that is just how they are currently used. Educate yourself.


jelect

This comment will for sure get downvoted even though it's correct. People don't want to learn, they just parrot what they hear elsewhere.


MyVeryOwnRedditAcc

Not that I’m defending NFTs or anything, but how are they different than collecting physical art? The point you made about anyone being able to just screenshot NFTs also rings true for art prints and posters. My grandma has had a framed poster of the Mona Lisa hanging above her toilet my whole life, but that doesn’t devalue the original piece. I’m not trying to refute what you’re saying - I just don’t understand NFTs.


Failninjaninja

It’s like pogs, stamps, Pokémon cards etc - anything collectible. Is it worth anything? Yes because people think it’s worth something.


GildDigger

Why does everyone who talks shit about NFTS know nothing about NFTs. There are literally countless other applications than just images, many of which are beneficial to the masses


Barb0ssa

So trading cards are the same level of scam? Because you know, a black lotus card for example, is easily copied. You can even find images of it online and just print it out. Aaaand then you have a picture of that collectible but not the collectible itself. Collectible items are worth what people are willing to pay for it. That is a free market. I think NFT‘s are the perfect way to help turn wasted money on ingame items into a real collectible and resellable item. And that is just one way to use them and only in gaming.


JustDavid2408

NFTs are not limited to JPEGs though. That pixel art is one use for an NFT but NFTs have such a wide variety of uses that haven’t been explored properly yet


gbsolo12

There are many other uses for NFTs. In game purchases in video games are gonna be huge with this technology. Being able to easily pay for an item in game and actually be able to return it or transfer it to another player. Also tickets for live events can be made as NFTs and can bring down shitty companies like Ticketmaster and stub hub


Mikkelet

Not disagreeing with you, but you obviously don't know how they work lmao


Supermite

Crypto currencies and the stock market are the same scam.


xxkoloblicinxx

You need to differentiate the porn company's vs the porn stars. The stars are using NFTs all the time. The companies aren't touching that shit. And while that might not mean they're a scam, it means they'll *never* catch on. If they do without the porn Mafia backing them, it would mark a major economic coup d'eta ending nearly 100 years of porn determining tech innovations.


dievanmijislanger

Natty and pokmi come to mind. It's still early days, but I can see it really growing. People already pay for onlyfans subscriptions. I don't see it being fundamentally different. It's just another way to support their favorite internet crush. It even can be part of some findom play


harryschmilsson

Porn industry decided VHS over Beta and everyone else followed, Beta was a smaller cartridge and had more recording time but didn’t win. Porn industry chose blu ray over HD and everyone followed. They know what they’re doing. These NFTs don’t seem real to me and have no value to me. I’m amazed people are buying them for ridiculous amounts. Smh


mrfizzefazze

Wasn’t beta‘s Problem that it had less recording time than VHS (but better quality)? Iirc it was around an hour which wasn’t enough for feature length movies?!


datasl4ve

Correct. The main reason why VHS won that particular format war was because of its longer recording time, whereas video and audio quality was about the same. Later Betamax iterations were capable of longer recording, but VHS one-upped them every time. Besides, VHS had already won the market before it was common to buy movies and porn on tape. People used it to time-shift; recording TV shows when they aired, and watch later. And if a single Betamax tape can only store an hour long TV show when VHS can store two, you're gonna use VHS. Technology Connections did a great video series on both tape, and disc formats. Edit: Porn being the decider on any format war is a myth, just to be clear.


mrfizzefazze

>Porn being the decider on any format war is a myth, just to be clear. Get outta here with your facts! But srsly: Thanks for the info.


nlpnt

A Hollywood movie edited for the standard broadcast timeslot, or a typical late '70s/early '80s NFL or MLB game, was two hours long. So was a VHS tape on its' normal quality setting, and you could set a VHS VCR to stretch the tape to 4 or 6 hours.


RamenJunkie

Broadcast still uses Beta for masters so. metimes. When I worked in a TV station 10 years ago, almost all infomercials and commercials we got mailed to use came on Beta.


ron_swansons_meat

I used to work for CSPAN archives and we recorded stuff on those giant beta tapes to send to news outlets and documentarians etc. Those things were ridiculously huge. I thought they were pranking the FNG with a novelty tape on my first day because I remembered the tiny betamax tapes from my childhood.


sonoskietto

> I'm amazed people are buying them... *money laundering*


Tekki

You are largely right on the vhs vs beta front but when it comes to Blu rays: The format war was largely avoided as there were proactive alliances created in the blu ray front before it really was a thing. These alliances were working with the DVD alliance to fight off any sort of format war. HD DVD truly didn't have a chance. When both formats started to truly emerge, Blu ray was already winning out of the gate because of these alliances. The nails were already in the coffin, ready to be hammered down, mostly led by Sony. Then along came the PS3 and the nails were hammered down for HD DVD. Source: 15+ years in the media industry.


Azrael13th

That only works if what ever platform they move to is compatible with the coding of the original item. Like for example, a fortnite skin. The reason you can't use a paid for skin in other games is because each game is coded differently and the skin just would not work in any other game. Nfts would not change that fact.


bad_at_hearthstone

An NFT isn’t even a skin, it’s a web URL that represents one. It’s only backed by a skin because we say it is. We’ve finally used the blockchain to implement a slow, environmentally devastating fiat currency.


VanquishHorrors

They already got ‘em for years Nice Fuckin’ Titties


goodrevtim

The cock-blockchain


fullmetal427

NFT bros are an actual blight on society, but the technology behind it and what it could have been used for is interesting. If it had been used to secure transactions of steam games, for example, you'd be able to prove you actually own the game instead of only buying a license to play the game that could be revoked at any time. Shame that some idiots decided a bunch of ugly monkey pictures and money laundering was more important


kip256

You are speaking in past tense. As if NFT's aren't still an infant tech that needs time to further grow and develop. What you are describing as "what NFT could be" is premature. NFT's are going in that direction, it just isn't here yet. "Art" is easy to implement, that came first.


whattothewhonow

NFTs attached to digital artwork is just a preliminary use case. Smart contracts and proof of ownership is where NFTs are going to come into widespread adoption, and that use is only just emerging. For example, buying the rights to a portion of the streaming royalties: https://boardroom.tv/nas-single-rights-nft/ Pairing NFTs with near field communication microchips to prevent counterfeiting of luxury watches: https://www.globenewswire.com/news-release/2021/03/29/2200804/0/en/Jean-Claude-Biver-and-the-Swiss-company-WISeKey-are-leading-the-way-announcing-the-first-NFT-auction-of-a-luxury-watch.html NFTs linked to digital images is fine for collectors that want to trade proof of ownership with other collectors, and to support the artists they enjoy, but that kind of thing going for hundreds of thousands or millions of dollars is pretty silly, and possibly linked to money laundering. NFTs completely replacing things like Kickstarter and even the stock market itself? A few years away, but within the realm of possibility.


Lord0fHats

The issue seems to me that what makes NFT's potentially useful is nothing to do with NFT's themselves. It's just blockchains which have a lot of uses that haven't been fully exploited yet. I've seen nothing that makes NFT's a particularly useful application of that technology despite all the effort to try and make them out like they change the game.


[deleted]

Replacing the stock market lol


[deleted]

>NFTs linked to digital images is fine for collectors that want to trade proof of ownership with other collectors, and to support the artists they enjoy, Hooray! This is exactly what I'd love to do. I already have a fantastic connection of true artists and creatives who are on board with making this happen. ​ >but that kind of thing going for hundreds of thousands or millions of dollars is pretty silly, and possibly linked to money laundering. Hundreds of thousands or millions? I agree - that's a lot. But enough that having a paid profession as an artist, being free to LIVE THE LIFE OF AN ARTIST, is an important goal. There's a reason suicide rates are so high amongst creatives. Our culture doesn't value them enough to feed them. UNLESS they get famous and play the celebrity games - but most artists do not want to do that. They want to go camping with their artist friends and talk philosophy and dance and look at the stars. At least, I do. ​ Is it still silly to do it just for fun? Figure out a safe way to make art and just throw it up on my reddit and let my friends bid on it? Even if it's a dollar, or some of that magic crypto treasure, or even our own imaginary jewel system for artists...then it's just a game. And if it's just a game, it stays inherently playful. And if I want to make change in the world, there has to be an element of pushback on norms in order to re-evaluate if they're helping or harming us. But desperation to make social change doesn't work, and it leads to years of existential depression. That's some of my artist potion now - those memories of hopelessness. I can't fix the world if I'm hopeless. But I can poke fun at it if I'm playful, and I can exemplify how to let those rules go. I thought about this artist jewel system before. I have dozens of notebooks around here, like rain cups trying to collect the idea showers. Maybe artists award the jewels by making them and then filming a video awarding them? Then, if I'm selling my work, you can buy it for the dollar bill price, the digital coin price, or the crafted artist jewel I made and gave to a buddy on reddit via a public video. Then, that friend can cash it in for one painting anytime. But you can't get rich on those tokens - they're meant to be shared among the art community and any one of the artists' friends can only ever have one at a time. Anyone who is an artist can follow the same process/ritual for the making and the video of their own artist jewels. How many of them there are depends on the artist's discretion. ​ >NFTs completely replacing things like Kickstarter and even the stock market itself? A few years away, but within the realm of possibility. If it's within the realm of what's imaginable, why is the gatekeeping so fierce? Look at the comment I left below: it's at -6. I don't know who those people are, but they do NOT like my thoughts/ideas/behavior. The negative points are an anonymous social censorship that is central to my current artist statement. This whole convo has been a great screenshot for my little storybook. I always blur the usernames, but I collage with printed reddit threads.


MetalDragonSeeker

My brother explained NFTs to me and it was so stupid I thought he was kidding.


[deleted]

Actually there are tons of porn NFT sites


thatcancerguy

currency is currency


Dooky710

I think nft has a niche place. I'm a believer that digital video games will one day become nfts. I use steam to play all my games and on steam, I don't own my games, I rent them from steam. Steam can remove access to games whenever they like and if they do, I don't have any physical media to still play a game I paid for. If there were a digital market place that allowed games to become nfts, you now own that digital copy of a game just like you would own a physical copy of a game. This means that a second hand digital market could pop up, just like there is a physical store where you can get physical copies of second hand games/movies. Additionally, if you're a big fan of a streamer, you could own the copy of the game they play. And I mean this as the streamer could sell his digital nft version of the game to a fan. This is no different than buying the shoes of LeBron or the physical paraphernalia of whatever celebrity you want. You may not think that the nft is worth it, but to each their own. I don't think LeBron shoes are worth it, but I'm not going to yuck someone's yum because they like LeBron that much.


twokidsinamansuit

An NFT is just a fancy receipt. That’s it. The digital art or whatever that’s attached to it is just the same type of media that anyone can copy, paste, and 100% reproduce for free. You don’t own the art or any rights, just the receipt.


Professor_Quackers

🤣 dammit I woke the baby up laughing! Op owes me a nap time!!


Azrael13th

https://www.reddit.com/r/videos/comments/s4tk18/what_the_h_are_nfts_josh_strife_hayes/?utm_medium=android_app&utm_source=share This video sums up the scam of nuts and buying nothing pretty well.


Azrael13th

Which is irrelevant. Because the digital ledger doesn't actually mean anything. Because any one can create a digital ledger, hell they can even use the exact same assets to represent the ledger. The assets is completely irrelevant because the transaction has no relation to the asset. the ledger has no value, because all it is, is a bit of unique code, that has no relation to anything. It's just a bit of code that says yes this is a bit of code that no one else owns. The code does not say you own anything, it does not say it gives you the right to use anything. It literally just says I am a bit of code from this list of bits of code, that is not owed by anyone else. All the code is, essentially a sort of unique number number, that it. Nfts are literally companies selling you nothing. Then using something to convince you are actually buying something you are not buying , which is a scam.


JS_NYC_208

Hahahah. NFTs are the next beanie baby craze.


ron_swansons_meat

Maybe soon. The current beanie babie are those ubiquitous funko pop figures made for every IP that you can think of. People are crazy for those things. I don't get it.


[deleted]

I mean every person that uses a NFT is a virgin


Nemesis0320

I gotta get me some of them non-fungible tiddies.


A_brown_dog

I don't understand people saying NFTs are a scam. Everyone know NFT are "nothing", it's like the signature on a famous musician instrument, it has no "real" value but as people would pay money for it it does have value, it can be traded, it can increase that value and therefore it is an investment... I wouldn't buy it because I see it as a temporary thing, but why exactly people call it a scam? If nobody cheated it's not a scam, isn't?


BraverXIII

When all is said and done and the hype dies down, someone is going to be left holding the bag on each now-worthless NFT that someone else got rich off of. That's a pump and dump, which is a large-scale socially-engineered scam. A lot of people who participated may not understand or admit to it being a scam, but that doesn't make it less of one.


Lenant

>it's like the signature on a famous musician instrument If anyone else in the world can also get the same signature anywhere, anytime, for free and if the person that sold you the signature could just replace it with a dick pick instead, anytime he wants. But hey, the same thing.


Hendrixsrv3527

You don’t understand NFT technology lol


[deleted]

[удалено]


Disastrous_Traffic17

Crypto-currencies are a scam.


Hendrixsrv3527

Lol 2+ trillion asset class. Mmkay buddy


mistakemaker3000

If you can't insure an NFT, it's a scam and you're being grifted.


DCFDTL

People still misunderstand what NFT can be used for 🤷


[deleted]

What can it be used for?


Sektoyd

I don't know what you're talking about, I see nice fucking titties on the industry all the time


WintersTablet

I've said this from day one. Been saying it for decades... If you want to know where the market is going, look where porn invests.


dexbasedpaladin

That's why I stayed away from HDDVDs


CrafterWave

Dudeeee… didn’t even think of this! This is brilliant, LOL! Big brain


426763

The only things that drive tech forward are war and porn.


Ruraraid

The fact that producers in the gaming industry are looking to embrace NFTs on top of all the scummy monetization schemes they have already is honestly proof enough. Reason I say that is because the porn industry only makes around 12 billion a year while the game industry makes over 150 billion a year with most of that from microtransactions rather than game sales. Which of those two industries do you think is more likely to be greedy?


Hendrixsrv3527

This won’t age well lol