• blargerer@kbin.social
    link
    fedilink
    arrow-up
    7
    arrow-down
    20
    ·
    1 year ago

    NFTs do have value in narrow use cases. For instance Domain names are NFTs and incredibly important to the way humans interact with the internet.

    • Square Singer@feddit.de
      link
      fedilink
      English
      arrow-up
      23
      ·
      1 year ago

      Except they aren’t because they are just managed by a bunch of central agencies.

      Not everything that’s digital and where the rights to it can be sold is an NFT.

    • emax_gomax@lemmy.world
      link
      fedilink
      English
      arrow-up
      9
      ·
      1 year ago

      Lmao, have you ever a bought a domain name. Its not an NFT, lmao you don’t even own one permanently after buying u. You basically license one from a registrar and that expires after a set interval. There’s no NFTs involved.

      • blargerer@kbin.social
        link
        fedilink
        arrow-up
        1
        arrow-down
        4
        ·
        1 year ago

        You’re the third person to say the same thing. NFTs conceptually predate the existence of the blockchain and don’t need to be on it. Wikipedia or w/e you got your definition that says otherwise are simply wrong. And yes, I own several different domain names.

        • s_s@lemmy.one
          link
          fedilink
          English
          arrow-up
          1
          ·
          1 year ago

          At some point in time you’ll just have to unravel your word salad and realize that all things associated with this space are incredulous.

    • asret@lemmy.zip
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      1
      ·
      1 year ago

      Except that they’re not. NFTs take something that exists - like domain names - and injects unnecessary Blockchain bs. What added value does a Blockchain bring?