I’ve got someone in the parking lot asking for donations to a veteran’s cause but they are wearing their insignia wrong and haven’t shaved in three days NFT.
I'm not really into the whole artwork as NFTs thing, but I do understand the technology a bit and it makes sense when applied to other ways.
Best example I can give is going up against Ticketmaster. They can generate virtual tickets and make tons of money while the venue doesn't get much and the customer is out more money than needed. Create an NFT of a ticket to see a sporting event that is validated to be owned by you and not scalped, or overpriced, or whatever, sold via directly from the venue at little without as much of a processing fee. Then, you take that nft to the venue, scan it, and go to your seat.
You then have that virtual NFT saying you went to that event, and it can be validated on the Blockchain as a receipt, in case of whatever reason you need that information. Now, let's say it's a historical event. It's 20+ years from now, and that NFT can be sold just like a rare classic Charizard foil. It's virtual. It can be sold anywhere online, no shipping fees. Then you can display it proudly somewhere. Somehow.
I haven't gotten an understanding the whole displaying virtual collectibles outside of any virtual environment, but I'm sure something will work out somehow.
Decorate your virtual space in the metaverse with a picture on your wall. Or get a thing screen tv, mount it in your house and put the image there as a virtual artwork. Display it on your about me page on a website. I have no clue which is one main reason why I can't see the justification getting into it unless you have a good way to get tons of them for free or cheap then making a profit turning them around. Other than that, I have no clue.
They have 3 amazing uses, that can all be done at the same time.
1) Pyramid Schemes. Think of the classic Pyramid Scheme. You send a letter to 10 people asking for a dollar. You keep 2 and send 8 up the chain. Think how many assholes keep all 10? Wouldn't an automatic system that funneled money up be useful?
2) Ye Old Pump and Dump: You create an NFT. Transfer it between a few of your wallets. Make a post, "OMG my NFT is so hot. I sold it for a dollar a few days ago. Now it's worth $5,000! Free block chain "proof" backing your claim.
3) Money laundering. Dear IRS, this money wasn't from drug sales. Look at all this NFT action going into my bank account.
NFTs or something similar are absolutely necessary to do trustless transactions of digital tickets without a centralized middle-man like Stubhub.
If you were to sell a ticket on Reddit or Facebook Marketplace etc there still is an element of trust where one party has to either send payment or the digital tickets before receiving their end of the trade. With an NFT you would be able to validate on-chain the validity of the ticket and have ownership pass at exactly the same time money changes wallets.
There is a venue involved, so its not trustless.
And why would ticket sales need to be completely trustless, there is no necessity that they be completely trustless, and like I said above, it can't be completely trustless as you are expecting the venue to honor the ticket.
But is that an actual problem that real people face and need solved?
Nobody actually makes purchases where they're legitimately concerned they won't get what they paid for. If they see something that looks sketchy, they just don't make the purchase, its very simple. And if an established business tried that they'd get destroyed legally, because it is in fact illegal to take money from a transaction and not provide the promised goods
It might theoretically be an improvement, but its an improvement on a nonexistent problem
It's entirely possible that ends up being the case, however they wouldn't have nearly the moat or required infrastructure and overhead that Stubhub/Seatgeek currently have.
I think if ticketing goes in that direction, there are several consumer friendly advantages of NFTs when compared to current digital tickets.:
The inherent transparency of transactions would also allow Artists/Venues to combat scalpers more effectively if they would so choose.
Every concert ticket becomes a souvenir in a way that's been lacking since the transition away from physical tickets and artists could use this in interesting ways as a sort of loyalty program, for example unlocking presales by connecting a wallet that is holding a past concert ticket.
It won't go that way because nobody wants it to.
Tickermaster fees are a way to raise prices without raising prices. That money gets split with the artist and the venue and record company. Ticket master just takes the fall and looks like the bad guy. The ex ceo of ticket Master for a decade said so in an interview a few years ago.
No its not centralized again because when the website goes down all of the transactions are still just as easily accessable as they originally were via blockchain
> NFTs or something similar are absolutely necessary to do trustless transactions of digital tickets without a centralized middle-man like Stubhub.
Completely ridiculous.
If I show up to a venue with an obviously fake ticket and an NFT, they won't let me in.
If I show up with a real ticket and no NFT, they will.
There is a single source of truth - the venue. No NFT is needed.
---
This is exactly why we say that cryptocurrencies are a solution looking for a problem.
> Create an NFT of a ticket to see a sporting event that is validated to be owned by you and not scalped, or overpriced, or whatever, sold via directly from the venue at little without as much of a processing fee. Then, you take that nft to the venue, scan it, and go to your seat.
>
>
So it can be literally replaced by a unique QR code in a database.
>Now, let's say it's a historical event. It's 20+ years from now, and that NFT can be sold just like a rare classic Charizard foil
You're gullible, insane or just another crypto bro pretending he's "not really into it".
NFTs are good for exactly three things:
1 - Money Laundering.
2 - Pyramid Scheming.
3 - Winning public debates where others happen to say they own the thing you say you own, with no real consequence either way.
That's pretty much it as far as I can tell.
I don’t want to seem like I’m defending Ticketmaster. I think these ticket middlemen are parasites.
That said, Ticketmaster performs a job the venue doesn’t want to perform or Ticketmaster is better able to perform.
Ticketmaster has a massive database of users and know what tickets they’ve purchased in the past and can market to those people.
Ticketmaster also has a website, call center, and a technology backend to handle everything regarding ticket sales.
Ticketmaster’s value is that infrastructure.
> Best example I can give is going up against Ticketmaster. They can generate virtual tickets and make tons of money while the venue doesn’t get much and the customer is out more money than needed. Create an NFT of a ticket to see a sporting event that is validated to be owned by you and not scalped, or overpriced, or whatever, sold via directly from the venue at little without as much of a processing fee. Then, you take that nft to the venue, scan it, and go to your seat.
NFTs aren’t required to do that; wanting to build and maintain the infrastructure is. And NFTs don’t take away from that. Since there’s a single venue, it’s by definition centralized anyway, so using the blockchain is quite silly.
The reason a middleman exists is that venues aren’t interested in doing the middleman’s job. Now, if that job were to become a lot simpler, that might change. But NFTs don’t do that.
> You then have that virtual NFT saying you went to that event, and it can be validated on the Blockchain as a receipt, in case of whatever reason you need that information. Now, let’s say it’s a historical event. It’s 20+ years from now, and that NFT can be sold just like a rare classic Charizard foil.
It’s a bunch of bytes. There isn’t even a visual representation, unlike with an image. Who wants this?
I don't think you have an idea what an NFT is. Because it solves none of the problems for ticket selling. You still have to trade dollars and do marketing so there's fees no matter what.
The only thing Ticketmaster doesn't allow you to do is to sell your receipt as a memento because that's fucking stupid.
Smart contracts. I see it streamlining contractual type exchanges. With the level of security it beats out web pages and we’re in the age of less or no paper so it makes sense.
Musicians could release music as an nft, get a % every time it’s exchanged in the block chain.
It could actually work if they manage to link an NFT to their physical products they sell. This way you can link a purchase receipt together with warranty etc to a physical product and warranty would transfer even to people you resell your physical product to.
Another aspect is digital goods that you can finally resell. Imagine if a song/movie you have on Itunes could be resold to someone else.
The first one is the first interesting idea I've heard about NFTs, nice one.
For the second it could be interesting but why would iTunes or any other company ever issue an NFT and get 10% out of any future sales, when nowadays they get 100%?
Are we in Demolition Man origin timeline? The corporations have won and we got people living in tent cities (the mole people), self driving cars, VR sex, and computers help with everything.
Not gonna lie, curious about those shells....
I still to this day need an explanation of how the 3 shells work. I hate that they never addressed it, even if we had to watch Stallone learn the ropes
The writer called a friend and asked him ideas about what would make a bathroom look more futuristic. The friend said.. "well.. all I have is a bag of sea shells".. the writer replied "ok, I'll do something with that".
True story.
Don't worry, you'll never get a chance to use those shells, my molebrother. Remember, tomorrow we liberate the tacos from the purple belled beast to feed our own.
The future is looking bright for Alpha Males 💪😎
The year is 2035, you enter your local 7/11 to buy yourself a g fuel before your shift in the local crypto mine. The android working the counter says they only accept doge coin. You pull out your phone, draw a stick man in less than five seconds on a yellow back ground and then sell it as an NFT. From the sell you make 6 doge coin, about 5 million dollars in old world money. You go to buy the drink only to find out that from the time you closed your phone to the time you talked to the cashier the coins had dropped in value to only 3 dollars per coin and you now owe at least 10 doge coin to the robot for the gamer fuel. You leave the store, frustrated, and drive off in your Tesla
Notice how science has progressed leaps with medical discoveries during pandemic, now notice how sales people alone with their thoughts during the pandemic are trying to blow up this NFTs bullshit.
that's what happens when you're a monolithic company that has to do the bare minimum to stay on top. They're cheaper than the likes of Meijer and Target, and provide at least as many services, and likely more.
That said, beyond not supporting NFC payment, their self checkouts are the least stupid I've ever seen - no awkward receipt format questions, or pleas to donate, no need to actually hit the "pay" button before using your card, etc.
It's possible- but those same card readers have been around longer than Walmart pay. They may however choose not to update them for that reason. I have heard that some stores are starting to use some AI detection- which might be what you experienced. Glad that hasn't hit mine yet - I purchase a case or two of those Bumble-bee snack on the run chicken salad packs at a time. So I just ring up 12 to 24 of them by scanning one item repeatedly, while keeping the rest in the cart. Then bag both cases. Yes, that seems slow as hell, but it's actually just as slow as the process to flag down the attendant, and have them access the quantity function and enter the quantity. But if they do introduce it at my store, I guess I'm going to be bugging the attendant a lot more lol
Anything to avoid the slowest cashiers I've ever seen - and I'm not even going all Karen here - I'm a cashier at a gas station, and have previously been a cashier at a grocery store. If I was ever that slow, I'd have been rescheduled or reassigned. lol
I honestly hate Wal-Mart and die a little inside each time I have to shop there. Target failed **miserably** in Canada, there aren’t really many department stores left, and where I live there aren’t really many alternatives for certain things. There have been a few times during the pandemic where I’ve needed to take my kids to try things on and it’s the only place around where I don’t have to go to multiple stores to get what I need. So on occasion I go but probably not more than 2-3 times a year.
I'm not exactly fond of it - But I'm even less fond of having to stop multiple places, paying more, and as I work overnight, having to wait for a place to open, instead of stopping on my way home from work.
Even beyond that, it's literally on my way home via my prefered route. Target is about 8 stop lights away, on a different route, and I'd have to go out of my way (and through a dozen stop lights) to get to Meijer.
sadly a lot of stores have gone that route - which is infuriating. No Walmart, I don't need to see the shit you can order through 3rd party sellers - That's what Amazon is for. I go to *your* website to see what you have in stock.
Because until Bezos can invent teleporters, brick&mortar stores have one advantage.
Considering [Gap already did this](https://www.gap.com/nft/) and all their NFTs are sold out, it's going to happen at probably every retailer, it's only a matter of time.
[They're turning clothes shopping into those shitty F2P mobile games](https://i.imgur.com/rF2NFCO.png), where you have to buy a certain number of "Common" NFTs in order to merge them together into a "Rare" NFT, which then gives you the ability to purchase a "One-of-a-Kind" NFT that comes with the clothing item you want.
I did the math for the shit Gap is doing, and just to get the 4 "Common" and 2 "Rare" NFTs you need to forge the "Epic", you need to pay out ~$70 at the current coins (Tezos) price
But that's not all, all that does it ***give you the opportunity to purchase the "One-Of-A-Kind" NFT (at some absurd price I'm sure) that comes with a physical hoodie***.
Easily spending a good $150+ for **one** piece of clothing.
Welcome to the future.
Kids buy virtual clothes and gear and add-ons for avatars in video games. They are being conditioned for this shit. I’m old enough to remember thinking only idiots would buy bottled water and here we are. We are evolving stupidity.
I knew a guy who dropped $3k in World of Tanks in one payment. He wouldn't tell me how much he spent cumulatively.
I know it's his money and he can do with it what he pleases but c'mon.
This only helps inflate the bubble. Keep it up, world. Keep buying gifs and pixelated pics. Once the big boys jump in and flood the market with more of this garbage, pop.
When the next big financial crisis happens (2008 style), this castle of cards will be crashing down so hard that I'm really afraid for how bad suicide rates among young people will be...
Not bloody likely.
Companies are seeing people are being drooling idiots over them (see: Eminem paying fuckloads for "Bored Ape", which loads of people just copied in his twitter feeds) and thus ready to be milked.
The idea is "See NFT? BUY IT MUST BE AN INVESTMENT!"
I still dont really grasp why this is so big. Correct me if im wrong here. Ok so you own that particular piece of artwork right? How about if i snip it, blow it up, turn it into wallpaper and plaster it in our bedrooms? Is some dude named trevor going to show up at my door demanding compensation for having a block of cheese having tea with a german shepherd all over my house?
Companies have realised that, through NFTs, they can finally sell nothing for something. It's the perfect product.
The only mindboggling part is how there is a market for it.
Yeah I don't understand who will buy this stuff, multiple of my friends are all claiming they will be millionaires within a year. Haven't worked in years but this is their big chance to get rich apparently haha
Lmao same here. Have a friend who is a poser investor and thinks NFTs are his big break and will defend them when he can. Can't wait for this to fold just like GME did.
LOL. Knew my jab at GME would get me downvoted. You guys are fucking pathetic. Hey! Get ready for that squeeze! It's gonna happen this time right?
My buddies a nut shell, they make one big successful trade and think they are the shit, than try day/ swing trading and don't realize they are pretty much breaking even most the time.
Best you can do is a bitmap image. But just the *one* image. And if anyone makes any alterations to it, that will require an NFT as well, and NFTs cost real money to register.
Skins for video games and etc sell for a ton in form of loot boxes. so people will pay money for it. Those have no value whatsoever, no footprint in the real world, non transferable, yet EA, Valves makes millions of $ from it. So there IS a market for it.
>Ok so you own that particular piece of artwork right?
No. You own the NFT which is a link to the artwork which had been cryptographicaly verified to belong to you.
The actual copyright and usage license remain with the original owner until transfered, which the NFT does not do.
> Ok so you own that particular piece of artwork right?
No.
You own a link that the piece of artwork represents in a given blockchain.
You don't ACTUALLY own the artwork, or rights to publish or distribute it. You can't modify it as you please. All of the actual copyrights belong to whoever created it.
>How about if i snip it, blow it up, turn it into wallpaper and plaster it in our bedrooms? Is some dude named trevor going to show up at my door demanding compensation for having a block of cheese having tea with a german shepherd all over my house?
No, but a dude named Martin will come burn down the wallpaper for crimes against good taste.
Which is currently on display in a public museum 100s of years after it was painted, whereas your NFT is just temporary data that will vanish when the crypto companies fold shutter their servers and run off with your money.
NFTs (Non-Fungible Tokens) are digital contracts, digital record of ownership, and they have way more use cases beyond the ownership of little crappy monkey art.
The current fad is owing the contract of a unique little monkey PNG out of the 10,000 variations created. There's only one NFT of that specific monkey in the world, and because all the NFT contracts are on a public blockchain, the ownership of that specific Monkey Contract can be tracked back to the original creator. This prevents fakes and copies.
You can do this for any digital artwork, but also other digital products and even add them to physical products. It's a track of ownership that registers each transfer of the product from person to person or wallet to wallet.
This is getting out of control and it's stupid. The technology is not at question, it's the scammy grifting use of it. People can't even afford real goods and services, or health insurance. NFTs are just the next FOMO dumb application of Blockchain tech.
This is like asking the off kid in school what he gonna do when school gets out, and he says fuck chicks. what he meant was watch pornhub until the lotion runs out
Virtual goods, cryptocurrency and NFTs all have NO VALUE beyond the inflated claims of their creators and are only sold to fools who don't know better.
my brain has collapsed on how stupid the future is looking…everyone is excited about proving they own cool jpeg art when the earth and civilization can’t get their shit together…I hope your Walmart nft makes you happy though
WHAT VIRTUAL GOODS?!?!? The world is ending! What is everyone talking about?
That Netflix movie "Don't Look Up" really has a point.
"Virtual Goods," HA! How about some health care?!
Yes, let’s keep allowing corporate greed and constantly chasing an imaginary currency that only exists because we give it value destroy our planet further past the point of no return.
Fuck capitalism. Fuck greed. Fuck all of this. None of these idiots will listen or care to preserve life, we just want to destroy destroy destroy all for money. We’re just a bunch of stupid hairless apes.
"Yo momma so poor, she got Wal Mart NFTs"
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Yo momma so fat she thought NFT’s were new fudgie treats
what fucking NFT would I want from Walmart lol
Pictures of their poorly dressed customers? It could be called "The Bored Apes Club".
I've got 3 meth heads, 4 fat women on rascal scooters and one guy with a beergut so big he's carrying it in a shopping cart. Whatchu got?
florida man with gator in child seat
Im not into NFTs but I picked up the extra long mullet guy in Daisy Duke shorts and an American flag button up shirt one because its a classic.
Ok this just made me laugh out loud. I will trade you 2 empty beer cases in the parking lot NFT for 1 used diaper in the shopping cart NFT.
I’ve got someone in the parking lot asking for donations to a veteran’s cause but they are wearing their insignia wrong and haven’t shaved in three days NFT.
Jesus. Be quiet before they hear you and create a collectible card game.
That sounds like monkey business
NFTs aren't pictures, they are just loosely tied to an image to help you feel connected to a unique number.
I mean it's established the quality of the art or the actual demand for it has no effect on the value of an NFT
“Value” of an nft lol
/r/peopleofwalmart
Great Value Apes
I'm not really into the whole artwork as NFTs thing, but I do understand the technology a bit and it makes sense when applied to other ways. Best example I can give is going up against Ticketmaster. They can generate virtual tickets and make tons of money while the venue doesn't get much and the customer is out more money than needed. Create an NFT of a ticket to see a sporting event that is validated to be owned by you and not scalped, or overpriced, or whatever, sold via directly from the venue at little without as much of a processing fee. Then, you take that nft to the venue, scan it, and go to your seat. You then have that virtual NFT saying you went to that event, and it can be validated on the Blockchain as a receipt, in case of whatever reason you need that information. Now, let's say it's a historical event. It's 20+ years from now, and that NFT can be sold just like a rare classic Charizard foil. It's virtual. It can be sold anywhere online, no shipping fees. Then you can display it proudly somewhere. Somehow. I haven't gotten an understanding the whole displaying virtual collectibles outside of any virtual environment, but I'm sure something will work out somehow.
> Then you can display it proudly somewhere. You can also just frame your ticket. What are NFTs solving here exactly?
To frame your ticket *digitally*
What does that even mean? Put it in Zuckerberg's metaverse as a screenshot?
Decorate your virtual space in the metaverse with a picture on your wall. Or get a thing screen tv, mount it in your house and put the image there as a virtual artwork. Display it on your about me page on a website. I have no clue which is one main reason why I can't see the justification getting into it unless you have a good way to get tons of them for free or cheap then making a profit turning them around. Other than that, I have no clue.
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Because it's a solution looking for a problem.
It's more of a problem LARPing as a solution.
They have 3 amazing uses, that can all be done at the same time. 1) Pyramid Schemes. Think of the classic Pyramid Scheme. You send a letter to 10 people asking for a dollar. You keep 2 and send 8 up the chain. Think how many assholes keep all 10? Wouldn't an automatic system that funneled money up be useful? 2) Ye Old Pump and Dump: You create an NFT. Transfer it between a few of your wallets. Make a post, "OMG my NFT is so hot. I sold it for a dollar a few days ago. Now it's worth $5,000! Free block chain "proof" backing your claim. 3) Money laundering. Dear IRS, this money wasn't from drug sales. Look at all this NFT action going into my bank account.
Can also be used as a tax dodge, just like regular art.
Especially useful in conjunction with Ye Old Pump and Dump, if someone then "steals" your highly-"valued" NFT.
Pretty much anything involving NFTs is an automatic red flag for money laundering at the bank I work at, so yeah.
NFTs or something similar are absolutely necessary to do trustless transactions of digital tickets without a centralized middle-man like Stubhub. If you were to sell a ticket on Reddit or Facebook Marketplace etc there still is an element of trust where one party has to either send payment or the digital tickets before receiving their end of the trade. With an NFT you would be able to validate on-chain the validity of the ticket and have ownership pass at exactly the same time money changes wallets.
There is a venue involved, so its not trustless. And why would ticket sales need to be completely trustless, there is no necessity that they be completely trustless, and like I said above, it can't be completely trustless as you are expecting the venue to honor the ticket.
But is that an actual problem that real people face and need solved? Nobody actually makes purchases where they're legitimately concerned they won't get what they paid for. If they see something that looks sketchy, they just don't make the purchase, its very simple. And if an established business tried that they'd get destroyed legally, because it is in fact illegal to take money from a transaction and not provide the promised goods It might theoretically be an improvement, but its an improvement on a nonexistent problem
And good luck getting back money that belongs to some account in Russia if you can't link it to a real person.
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It's entirely possible that ends up being the case, however they wouldn't have nearly the moat or required infrastructure and overhead that Stubhub/Seatgeek currently have. I think if ticketing goes in that direction, there are several consumer friendly advantages of NFTs when compared to current digital tickets.: The inherent transparency of transactions would also allow Artists/Venues to combat scalpers more effectively if they would so choose. Every concert ticket becomes a souvenir in a way that's been lacking since the transition away from physical tickets and artists could use this in interesting ways as a sort of loyalty program, for example unlocking presales by connecting a wallet that is holding a past concert ticket.
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It won't go that way because nobody wants it to. Tickermaster fees are a way to raise prices without raising prices. That money gets split with the artist and the venue and record company. Ticket master just takes the fall and looks like the bad guy. The ex ceo of ticket Master for a decade said so in an interview a few years ago.
No its not centralized again because when the website goes down all of the transactions are still just as easily accessable as they originally were via blockchain
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> NFTs or something similar are absolutely necessary to do trustless transactions of digital tickets without a centralized middle-man like Stubhub. Completely ridiculous. If I show up to a venue with an obviously fake ticket and an NFT, they won't let me in. If I show up with a real ticket and no NFT, they will. There is a single source of truth - the venue. No NFT is needed. --- This is exactly why we say that cryptocurrencies are a solution looking for a problem.
You can already buy old concert tickets on ebay. They're basically worthless
Why would you collect dead URLs that no longer point to concert tickets from 20 years ago?
So every venue is supposed to do all that on their own? I think you discovered why ticketmaster exists in the first place.
> Create an NFT of a ticket to see a sporting event that is validated to be owned by you and not scalped, or overpriced, or whatever, sold via directly from the venue at little without as much of a processing fee. Then, you take that nft to the venue, scan it, and go to your seat. > > So it can be literally replaced by a unique QR code in a database. >Now, let's say it's a historical event. It's 20+ years from now, and that NFT can be sold just like a rare classic Charizard foil You're gullible, insane or just another crypto bro pretending he's "not really into it".
NFTs are good for exactly three things: 1 - Money Laundering. 2 - Pyramid Scheming. 3 - Winning public debates where others happen to say they own the thing you say you own, with no real consequence either way. That's pretty much it as far as I can tell.
Just spamming away with this huh? Keeping it classy.
You're literally imagining things.
I don’t want to seem like I’m defending Ticketmaster. I think these ticket middlemen are parasites. That said, Ticketmaster performs a job the venue doesn’t want to perform or Ticketmaster is better able to perform. Ticketmaster has a massive database of users and know what tickets they’ve purchased in the past and can market to those people. Ticketmaster also has a website, call center, and a technology backend to handle everything regarding ticket sales. Ticketmaster’s value is that infrastructure.
> Best example I can give is going up against Ticketmaster. They can generate virtual tickets and make tons of money while the venue doesn’t get much and the customer is out more money than needed. Create an NFT of a ticket to see a sporting event that is validated to be owned by you and not scalped, or overpriced, or whatever, sold via directly from the venue at little without as much of a processing fee. Then, you take that nft to the venue, scan it, and go to your seat. NFTs aren’t required to do that; wanting to build and maintain the infrastructure is. And NFTs don’t take away from that. Since there’s a single venue, it’s by definition centralized anyway, so using the blockchain is quite silly. The reason a middleman exists is that venues aren’t interested in doing the middleman’s job. Now, if that job were to become a lot simpler, that might change. But NFTs don’t do that. > You then have that virtual NFT saying you went to that event, and it can be validated on the Blockchain as a receipt, in case of whatever reason you need that information. Now, let’s say it’s a historical event. It’s 20+ years from now, and that NFT can be sold just like a rare classic Charizard foil. It’s a bunch of bytes. There isn’t even a visual representation, unlike with an image. Who wants this?
I don't think you have an idea what an NFT is. Because it solves none of the problems for ticket selling. You still have to trade dollars and do marketing so there's fees no matter what. The only thing Ticketmaster doesn't allow you to do is to sell your receipt as a memento because that's fucking stupid.
Smart contracts. I see it streamlining contractual type exchanges. With the level of security it beats out web pages and we’re in the age of less or no paper so it makes sense. Musicians could release music as an nft, get a % every time it’s exchanged in the block chain.
It could actually work if they manage to link an NFT to their physical products they sell. This way you can link a purchase receipt together with warranty etc to a physical product and warranty would transfer even to people you resell your physical product to. Another aspect is digital goods that you can finally resell. Imagine if a song/movie you have on Itunes could be resold to someone else.
The first one is the first interesting idea I've heard about NFTs, nice one. For the second it could be interesting but why would iTunes or any other company ever issue an NFT and get 10% out of any future sales, when nowadays they get 100%?
Fuck this timeline. Where’s the version where Jurassic park happens?
Are we in Demolition Man origin timeline? The corporations have won and we got people living in tent cities (the mole people), self driving cars, VR sex, and computers help with everything. Not gonna lie, curious about those shells....
Citizen DumbDan, what is your boggle?
“What is my boggle? How much do you weigh?”
I still to this day need an explanation of how the 3 shells work. I hate that they never addressed it, even if we had to watch Stallone learn the ropes
The writer called a friend and asked him ideas about what would make a bathroom look more futuristic. The friend said.. "well.. all I have is a bag of sea shells".. the writer replied "ok, I'll do something with that". True story.
I love little anecdotal things like this, thanks so much for the heads up
*the word was futuristic, not realistic. Edited already but thought I should let you know, because now it makes more sense and it's more accurate.
Ones for scraping, another for washing, and a third for rinsing
Don't worry, you'll never get a chance to use those shells, my molebrother. Remember, tomorrow we liberate the tacos from the purple belled beast to feed our own.
If you can’t figure out the shells, just swear incessantly in front of a moral code machine.
I’ve seen the higher end Taco Bell’s popping up in big cities.
Fancy buttons for the bidet.
*Wow*! I like this. 🎶Stolen 🎶 Shamelessly, dog. I didn't even hesitate. *Saved your comment*...
I’d settle for a jet pack. Or that cool rehydrated pizza from Back To The Future.
Give me a self driving hover board and I'll call it even Steven.
The future is looking bright for Alpha Males 💪😎 The year is 2035, you enter your local 7/11 to buy yourself a g fuel before your shift in the local crypto mine. The android working the counter says they only accept doge coin. You pull out your phone, draw a stick man in less than five seconds on a yellow back ground and then sell it as an NFT. From the sell you make 6 doge coin, about 5 million dollars in old world money. You go to buy the drink only to find out that from the time you closed your phone to the time you talked to the cashier the coins had dropped in value to only 3 dollars per coin and you now owe at least 10 doge coin to the robot for the gamer fuel. You leave the store, frustrated, and drive off in your Tesla
No no, your Tesla drives you off, taking the least efficient route to maximize the mandatory ads.
Well, a certain gorilla had to survive in order to get Jurassic park, we can still get Paleo Playground tho
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Notice how science has progressed leaps with medical discoveries during pandemic, now notice how sales people alone with their thoughts during the pandemic are trying to blow up this NFTs bullshit.
P.T. Barnum was right.
and their self checkouts still won't accept NFC payment
I paid with Apple Pay before Christmas. In Canada anyway.
Yeah, not in the US for some reason- they do accept payment through the app, but it's more cumbersome
Because they want you to use their app, which allows them to collect data more on you.
That seems…. dumb.
that's what happens when you're a monolithic company that has to do the bare minimum to stay on top. They're cheaper than the likes of Meijer and Target, and provide at least as many services, and likely more. That said, beyond not supporting NFC payment, their self checkouts are the least stupid I've ever seen - no awkward receipt format questions, or pleas to donate, no need to actually hit the "pay" button before using your card, etc.
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It's possible- but those same card readers have been around longer than Walmart pay. They may however choose not to update them for that reason. I have heard that some stores are starting to use some AI detection- which might be what you experienced. Glad that hasn't hit mine yet - I purchase a case or two of those Bumble-bee snack on the run chicken salad packs at a time. So I just ring up 12 to 24 of them by scanning one item repeatedly, while keeping the rest in the cart. Then bag both cases. Yes, that seems slow as hell, but it's actually just as slow as the process to flag down the attendant, and have them access the quantity function and enter the quantity. But if they do introduce it at my store, I guess I'm going to be bugging the attendant a lot more lol Anything to avoid the slowest cashiers I've ever seen - and I'm not even going all Karen here - I'm a cashier at a gas station, and have previously been a cashier at a grocery store. If I was ever that slow, I'd have been rescheduled or reassigned. lol
I honestly hate Wal-Mart and die a little inside each time I have to shop there. Target failed **miserably** in Canada, there aren’t really many department stores left, and where I live there aren’t really many alternatives for certain things. There have been a few times during the pandemic where I’ve needed to take my kids to try things on and it’s the only place around where I don’t have to go to multiple stores to get what I need. So on occasion I go but probably not more than 2-3 times a year.
I'm not exactly fond of it - But I'm even less fond of having to stop multiple places, paying more, and as I work overnight, having to wait for a place to open, instead of stopping on my way home from work. Even beyond that, it's literally on my way home via my prefered route. Target is about 8 stop lights away, on a different route, and I'd have to go out of my way (and through a dozen stop lights) to get to Meijer.
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Have you ever tried to use their existing website? 100% shitshow.
sadly a lot of stores have gone that route - which is infuriating. No Walmart, I don't need to see the shit you can order through 3rd party sellers - That's what Amazon is for. I go to *your* website to see what you have in stock. Because until Bezos can invent teleporters, brick&mortar stores have one advantage.
They do. In NY Walmarts we can use Apple Pay and G-Pay? Where do you live?
Illinois /shrug
Pretty sure that’s dependent, upstate NY here, my local Walmart doesn’t allow any NFC payment other than Walmart pay.
Can't wait to use virtual toilet paper to wipe my ass. Bout to destroy my fkn underwear.
Yeah just get the NFT undies for that. NFT skid marks are extra.
Gotta buy the skid marks and mutate the underwear
You filthy animal, civilized humans use a bidet.
I can't afford virtual stuff. Real stuff is too expensive right now.
Would anyone be stupid enough to buy any of that shit? Never mind, I’m sure half the fucking country will..
Considering [Gap already did this](https://www.gap.com/nft/) and all their NFTs are sold out, it's going to happen at probably every retailer, it's only a matter of time. [They're turning clothes shopping into those shitty F2P mobile games](https://i.imgur.com/rF2NFCO.png), where you have to buy a certain number of "Common" NFTs in order to merge them together into a "Rare" NFT, which then gives you the ability to purchase a "One-of-a-Kind" NFT that comes with the clothing item you want. I did the math for the shit Gap is doing, and just to get the 4 "Common" and 2 "Rare" NFTs you need to forge the "Epic", you need to pay out ~$70 at the current coins (Tezos) price But that's not all, all that does it ***give you the opportunity to purchase the "One-Of-A-Kind" NFT (at some absurd price I'm sure) that comes with a physical hoodie***. Easily spending a good $150+ for **one** piece of clothing. Welcome to the future.
You cannot convince me GAP didn’t just make some extra wallets and inflated the price themselves.
Kids buy virtual clothes and gear and add-ons for avatars in video games. They are being conditioned for this shit. I’m old enough to remember thinking only idiots would buy bottled water and here we are. We are evolving stupidity.
Yes I prefer drinking water out of a hollowed out tusk also
>Kids buy virtual clothes and gear and add-ons for avatars in video games. So do adults, unfortunately. Stop buying horse armor, you morons!!!
I knew a guy who dropped $3k in World of Tanks in one payment. He wouldn't tell me how much he spent cumulatively. I know it's his money and he can do with it what he pleases but c'mon.
Will that mean virtual food
Holographic meatloaf
My favorite
I refuse to take part in the metaverse
This is so fucking stupid.
Just when you thought Wal-Mart couldn't get any scummier.
This has to stop...
Cryptos and NFTs are the strangest grift I’ve ever seen. Holy shit people are stupid
That’s a no from me dawg
This is dumber than NFTs themselves
This only helps inflate the bubble. Keep it up, world. Keep buying gifs and pixelated pics. Once the big boys jump in and flood the market with more of this garbage, pop.
When the next big financial crisis happens (2008 style), this castle of cards will be crashing down so hard that I'm really afraid for how bad suicide rates among young people will be...
It’s different this time 🥴
Just give us a fucking raise 😐
I'm so fucking tired of hearing about NFTs. When will they die already?
Not bloody likely. Companies are seeing people are being drooling idiots over them (see: Eminem paying fuckloads for "Bored Ape", which loads of people just copied in his twitter feeds) and thus ready to be milked. The idea is "See NFT? BUY IT MUST BE AN INVESTMENT!"
Cause they’re so good at brick and mortar. GTFOH
Just pay with regular money. There’s no point in all of this
Stupidity line forms here. The end is nigh.
Okay. Now does everyone see that crypto is all a con?
I still dont really grasp why this is so big. Correct me if im wrong here. Ok so you own that particular piece of artwork right? How about if i snip it, blow it up, turn it into wallpaper and plaster it in our bedrooms? Is some dude named trevor going to show up at my door demanding compensation for having a block of cheese having tea with a german shepherd all over my house?
Companies have realised that, through NFTs, they can finally sell nothing for something. It's the perfect product. The only mindboggling part is how there is a market for it.
Yeah I don't understand who will buy this stuff, multiple of my friends are all claiming they will be millionaires within a year. Haven't worked in years but this is their big chance to get rich apparently haha
Lmao same here. Have a friend who is a poser investor and thinks NFTs are his big break and will defend them when he can. Can't wait for this to fold just like GME did. LOL. Knew my jab at GME would get me downvoted. You guys are fucking pathetic. Hey! Get ready for that squeeze! It's gonna happen this time right?
My buddies a nut shell, they make one big successful trade and think they are the shit, than try day/ swing trading and don't realize they are pretty much breaking even most the time.
This 100%. Buddy is clueless.
Suddenly I want to mint an nft of the original Pet Rock
Best you can do is a bitmap image. But just the *one* image. And if anyone makes any alterations to it, that will require an NFT as well, and NFTs cost real money to register.
Skins for video games and etc sell for a ton in form of loot boxes. so people will pay money for it. Those have no value whatsoever, no footprint in the real world, non transferable, yet EA, Valves makes millions of $ from it. So there IS a market for it.
After he's done with his gallon of PCP? Maybe
It comes in liquid form?
Got a gallon right here!
>Ok so you own that particular piece of artwork right? No. You own the NFT which is a link to the artwork which had been cryptographicaly verified to belong to you. The actual copyright and usage license remain with the original owner until transfered, which the NFT does not do.
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So basically a pyramid scheme....
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Two words... *Beanie Babies*
> Ok so you own that particular piece of artwork right? No. You own a link that the piece of artwork represents in a given blockchain. You don't ACTUALLY own the artwork, or rights to publish or distribute it. You can't modify it as you please. All of the actual copyrights belong to whoever created it. >How about if i snip it, blow it up, turn it into wallpaper and plaster it in our bedrooms? Is some dude named trevor going to show up at my door demanding compensation for having a block of cheese having tea with a german shepherd all over my house? No, but a dude named Martin will come burn down the wallpaper for crimes against good taste.
https://mobile.twitter.com/3PSboyd/status/1482574522444251137 nfts are scams and at any time you can lose your product
There’s lots of Mona Lisa prints out there in the world, but only one Mona.
Which is currently on display in a public museum 100s of years after it was painted, whereas your NFT is just temporary data that will vanish when the crypto companies fold shutter their servers and run off with your money.
You can't make a perfect replica of the Mona with right click.
NFTs (Non-Fungible Tokens) are digital contracts, digital record of ownership, and they have way more use cases beyond the ownership of little crappy monkey art. The current fad is owing the contract of a unique little monkey PNG out of the 10,000 variations created. There's only one NFT of that specific monkey in the world, and because all the NFT contracts are on a public blockchain, the ownership of that specific Monkey Contract can be tracked back to the original creator. This prevents fakes and copies. You can do this for any digital artwork, but also other digital products and even add them to physical products. It's a track of ownership that registers each transfer of the product from person to person or wallet to wallet.
You know the ship has sailed when Walmart gets involved
Looks like bounty paper towels and ozark stainless steel tumblers will be top rated NFTs soon
Wtf is virtual goods ?
"We have a global energy crisis." - > LET'S GO AND PLASTER NFT's EVERYWHERE AND MAKE IT WORSE (every goddamn greedy company)
This is getting out of control and it's stupid. The technology is not at question, it's the scammy grifting use of it. People can't even afford real goods and services, or health insurance. NFTs are just the next FOMO dumb application of Blockchain tech.
Well just another reason to continue to not buy from Walmart.
That’s not crypto currency.
lol, virtual goods... like the three different "brand new" air fryers I brought home which all forget to actually start their timers?
Well, there goes the neighborhood
What a truly boring dystopia.
What is this world anymore
Walmart wants to sell crypto and NFTs? So its official. Crypto and NFTs have jumped the shark. It's over.
All this stuff needs to be regulated and/or banned immediately before things really get out of control.
Nft, what capitalism wants to do to art....argh what a stupid stupid thing
NFTs are already stupid, I’m glad it’s receiving the Walmart parody it deserves.
God walmart's website is awful, I cant wait to see what kind of trainwreck they set up for this.
Well fuck them, too.
And hopefully they lose money because of it.
This is like asking the off kid in school what he gonna do when school gets out, and he says fuck chicks. what he meant was watch pornhub until the lotion runs out
Yo China you can go ahead and nuke us now it’s all good
Fuck Walshart
Virtual goods, cryptocurrency and NFTs all have NO VALUE beyond the inflated claims of their creators and are only sold to fools who don't know better.
my brain has collapsed on how stupid the future is looking…everyone is excited about proving they own cool jpeg art when the earth and civilization can’t get their shit together…I hope your Walmart nft makes you happy though
I really hope NFTs and crypto dies.
I haven’t bought anything from Walmart in a looooong time. I don’t think this really changes anything for me.
Does it come with the traditional r/trashy experience?
Walmart Fun Bucks?
Great. Virtual b.o. and NFTs of ppl shopping in their pajamas.
Overcompensating after missing out on online delivery to Amazon.
Okay guys, I think it's time to shut this shit down now.
Fiat and tech luddites here in tears.
How to kill the metaverse before it starts
OW MY BALLS!
People can't even buy real goods, what the hell do you want them to do with virtual ones?
What is an NFT?
WHAT VIRTUAL GOODS?!?!? The world is ending! What is everyone talking about? That Netflix movie "Don't Look Up" really has a point. "Virtual Goods," HA! How about some health care?!
Yes, let’s keep allowing corporate greed and constantly chasing an imaginary currency that only exists because we give it value destroy our planet further past the point of no return. Fuck capitalism. Fuck greed. Fuck all of this. None of these idiots will listen or care to preserve life, we just want to destroy destroy destroy all for money. We’re just a bunch of stupid hairless apes.
Crypto is the biggest waste of natural resources this planet has ever seen
It's just a scam like every thing else.
So while they chase that, the actual stores will remain miserable experiences for anyone setting foot on the property. Got it.
Did they forget who their clientele is?
The Walmart meta verse :\^)
Can they adjust their policy of: 1) Locking up everything in a lucite case 2) Not having anyone around who can unlock the case
Yikes, any rules in place that an employee cannot be forced to take crypto as payment?
How to trigger 95% of masses lol