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NFTs: Blockchain-based non-fungible tokens NFTs: Blockchain-based non-fungible tokens

04-03-2021 , 08:03 PM
Quote:
Originally Posted by Sheep86
Fair enough. Thanks buddy!
No problem - an example of a project pretty opposite to aavegotchi in terms of tokenomics is polkamon.

Whereas with aavegotchi the $GHST token functions pretty damn well in terms of being stable enough to trade with (and hence, difficult to use to speculate), the $PMON token is basically the opposite. You can use it to get a polkamon, but the EV is horrendous and basically a rug-pull. Minting the polkamon and selling it on opensea from start to finish is multiple gas transactions, and the chances of randomly getting a rare one are far from aligned with potential resale value (sure, could change I guess). However, the $PMON token gets burned for every opening of a "pack" (getting a polkamon), and if you want to re-try, you can sell back for a fraction immediately and continue with the $PMON burning.

This would imply the price of $PMON will naturally rise, and all you'd need to do is hold the token and bet on people degenning around trying pull rares. However, I would recommend staying away from this one unless you know something I don't; yes the polkamon hype is next-level, but the tokenomics and IDO on uni are really vague/sketchy, and enough of my signals are bearish on this one, despite the positive sentiment, to stay away. Interesting to see though.

I would recommend looking at y.at (url is "y.at") though. Yats are basically emoji-strings serving as a crypto-address, like a .eth or .crypto domain. So your string could be and that'd just link to whatever you chose. Not really the type of thing to run in and randomly squat, as all the premiums are taken out, but if this clicks with someone, they might see how big it could be. No token, no-nonsense project, some good alpha out there on twitter.
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04-07-2021 , 09:30 AM
Tom Brady is launching an NFT company

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The seven-time Super Bowl champion is launching an NFT platform called Autograph this spring. It will bring together some of the biggest names in sports, entertainment, fashion and pop culture to work with creators to develop unique digital collectibles, a representative for Brady tells CNN Business.
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Brady and entrepreneur Richard Rosenblatt will serve as co-chairs of Autograph. The company has also assembled a high-profile advisory team including Apple SVP Eddy Cue, Lionsgate CEO Jon Feltheimer, Live Nation Entertainment CEO Michael Rapino, DraftKings cofounders Jason Robins and Paul Liberman, Cameo CEO Steven Galanis, Dodgers, Warriors co-owner Peter Guber and DraftKings North America President, Matt Kalish and Dawn Ostroff, advertising business officer at Spotify, among others.
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04-07-2021 , 09:51 AM
i think after art and sports memorabilia, the next big nft will be porn
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04-07-2021 , 02:16 PM
Quote:
Originally Posted by rickroll
i think after art and sports memorabilia, the next big nft will be porn
What would be the point of that? I can somewhat understand the point of wanting to show off and brag about owning a Topshot Series 1 LeBron moment, but who are you proudly going to show off your Brazzers Limited Edition Angela White deepthroat moment to? Or do you imagine each NFT would come with some kind of added perks?

I actually think this is one of the rare moments when porn will not be pushing the technology, unless someone comes up with something very groundbreaking.

Last edited by Calpeman; 04-07-2021 at 02:26 PM.
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04-07-2021 , 02:26 PM
i don't get it either but some twitch/youtube girl made 6 figures selling her used bath water and it was so successful she created an onlyfans and started doing porn

never claimed it was a smart purchase but i imagine a ton of people would want an nft of first anal etc etc just as much as someone would want a jpeg of a tweet or newsarticle or 8 bit avatar
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04-07-2021 , 02:39 PM
Quote:
Originally Posted by Calpeman
What would be the point of that? I can somewhat understand the point of wanting to show off and brag about owning a Topshot Series 1 LeBron moment, but who are you proudly going to show off your Brazzers Limited Edition Angela White deepthroat moment to? Or do you imagine each NFT would come with some kind of added perks?

I actually think this is one of the rare moments when porn will not be pushing the technology, unless someone comes up with something very groundbreaking.
Could be used for protection by the creator and as insurance against leaking/mass distribution? I.e. issue an NFT to anyone who receives a copy of the pic/clip and now you have a very limited pool of people who you can go after on a revenge porn / legally go after.
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04-07-2021 , 05:05 PM
Quote:
Originally Posted by rickroll
i don't get it either but some twitch/youtube girl made 6 figures selling her used bath water and it was so successful she created an onlyfans and started doing porn

never claimed it was a smart purchase but i imagine a ton of people would want an nft of first anal etc etc just as much as someone would want a jpeg of a tweet or newsarticle or 8 bit avatar
Yes, I agree the world is crazy and I might be wrong, but all those things you mention make a bit of sense as they are something you can at least show to people to try to impress them. Maybe I just surround myself with boring people, but I can't think of many friends or family I would be comfortable showing the "first anal moment" to. Would be hilarious if this becomes a thing though so I am certainly rooting for it.

Quote:
Originally Posted by DarkMemoria
Could be used for protection by the creator and as insurance against leaking/mass distribution? I.e. issue an NFT to anyone who receives a copy of the pic/clip and now you have a very limited pool of people who you can go after on a revenge porn / legally go after.
Have thought a bit about something like this, but I can not see how it would work in any way that is better than what is already available like DRM protection. If you sell to a limited amount of people you already have a limited pool to go after, NFTs won't change that.
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04-07-2021 , 10:11 PM
I think GHST is an excellent investment and is one of my long-term HODLs. I don't know the tokenomics as well as VIP buddy, but from his posts it reminds me of XOR. Excellent tokenomics haven't prevented XOR from soaring (pun intended). I actually sold XOR too soon; I think it's the top project on the Polkadot ecosystem.

But I digress. I'm big on GHST and SOUL (and LYXE) as far as NFTs. Confident they will stand the test of time, especially LYXE.
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04-09-2021 , 02:04 PM
I actually found staking ghst and then using the frens to buy tickets to be really lucrative if slightly tricky. I did the math and I ended up generating the equivalent of a !00% APY for the month I staked ghst. I bought and sold my tickets shortly before the raffle. I sold all my ghst shortly after. I do have some actual avegotchi that i'm holding for awhile. If anyone is actually interested in investing in ghst or the game itself, i recommend following their discord.

You guys who are interested in checking out nfts as beginners really should buy tezos (i know i know) and get on hic et nun. it's basically an open platform for artists to sell their nfts for super cheap prices. while many of them are unknown, you can actually get really cheap art from pretty established artists as well. There's a lot of cool generative and interactive nfts too. Just very interesting and innovative stuff happening on there. platform is a little rough and can get some getting use to, but it's very early. Many of the artists are anonymous but a lot of the good ones have their twitter linked. I was able to 3x my initial deposit in less than 3 weeks by just flipping stuff (i wouldn't advise you to) but always ended up re-investing into other art. I'm pretty shocked at the number of pieces I've collected (over a hundred now) and wondering what their worth will be a year from now.

Xcopy himself did a stealth drop 2 days ago. basically could have bought one of his pieces for $25. They got relisted by the buyers for over 100k.
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04-09-2021 , 02:05 PM
Quote:
Originally Posted by sbecks
within half a hour of that announcement the floor for a punk went from 13-14 eth to 20!!!!!
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04-09-2021 , 10:43 PM
Quote:
Originally Posted by ZodiacalRelease
I think GHST is an excellent investment and is one of my long-term HODLs. I don't know the tokenomics as well as VIP buddy, but from his posts it reminds me of XOR. Excellent tokenomics haven't prevented XOR from soaring (pun intended). I actually sold XOR too soon; I think it's the top project on the Polkadot ecosystem.

But I digress. I'm big on GHST and SOUL (and LYXE) as far as NFTs. Confident they will stand the test of time, especially LYXE.
I probably shouldn't be giving away too much alpha but if you're long GHST then hedge with portals, they are deflationary. And if you're on MATIC, definitely get a nice hefty MATIC bag, imo this is where a lot of retail ethereum trading will end up, and compete with/cannibalize BSC market share.

If you dive deeper into aavegotchi then develop your own thesis, otherwise it's easy to get cut up in there since there are a lot of moving parts and variables in the DAO/drops/farming/etc. But holding portals + ghst is a nice balance.
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04-09-2021 , 10:46 PM
Quote:
Originally Posted by Cincinnatus
I actually found staking ghst and then using the frens to buy tickets to be really lucrative if slightly tricky. I did the math and I ended up generating the equivalent of a !00% APY for the month I staked ghst. I bought and sold my tickets shortly before the raffle. I sold all my ghst shortly after. I do have some actual avegotchi that i'm holding for awhile. If anyone is actually interested in investing in ghst or the game itself, i recommend following their discord.

You guys who are interested in checking out nfts as beginners really should buy tezos (i know i know) and get on hic et nun. it's basically an open platform for artists to sell their nfts for super cheap prices. while many of them are unknown, you can actually get really cheap art from pretty established artists as well. There's a lot of cool generative and interactive nfts too. Just very interesting and innovative stuff happening on there. platform is a little rough and can get some getting use to, but it's very early. Many of the artists are anonymous but a lot of the good ones have their twitter linked. I was able to 3x my initial deposit in less than 3 weeks by just flipping stuff (i wouldn't advise you to) but always ended up re-investing into other art. I'm pretty shocked at the number of pieces I've collected (over a hundred now) and wondering what their worth will be a year from now.

Xcopy himself did a stealth drop 2 days ago. basically could have bought one of his pieces for $25. They got relisted by the buyers for over 100k.
I'll explore Tezos more. I'll hit you with $paint on matic as one to watch, in terms of small new projects with neat potential.

Yeah, tickets have had an interesting price fluctuation that seems more defined post-raffle this week. It will probably be more streamlined from here on out but my feel is 2p2 is wiser than the population and you can keep stkGHST/quick liquidity as your best bet to acquire frens and sell tickets near their top. It's good to get a vibe now as things will get heated & more profitable come haunt 2.
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04-09-2021 , 11:06 PM
Quote:
Originally Posted by VIPbuddy
I probably shouldn't be giving away too much alpha but if you're long GHST then hedge with portals, they are deflationary. And if you're on MATIC, definitely get a nice hefty MATIC bag, imo this is where a lot of retail ethereum trading will end up, and compete with/cannibalize BSC market share.

If you dive deeper into aavegotchi then develop your own thesis, otherwise it's easy to get cut up in there since there are a lot of moving parts and variables in the DAO/drops/farming/etc. But holding portals + ghst is a nice balance.
Heh, I am not one of those "protect what I know at all costs" type of dude. I know a lot and I'm always open to share; what I don't know--which is much more than what I know--I'm always open to learn about.

Yeah, you make a good point on MATIC. There are a lot of cryptos I'd like to make into new core positions; I'll add MATIC to the list. My strategy right now is ~40% of my roll is for swing trading, and I'm and taking the profits from those swings into my long-term HODLs which I am staking.

Haven't dived deeper into GHST since the migration to MATIC. About time for me to update.
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04-13-2021 , 11:07 AM
Nyt rebroadcast their nft pod https://podcasts.google.com/feed/aHR...NzYyNmVk?ep=14
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04-13-2021 , 11:41 AM
Dumb question but is there a way NFTs can be replicated for physical artwork? For example to allow an artist to be compensated every time their work is sold, as is possible with digital works? If so it could be huge for almost all types of artists, writers, etc.

The NFT craze is a little easy to mock as just rich people tossing money around, but I think it could be a huge win for artists and content creators in the long term.
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04-14-2021 , 02:54 AM
As someone who collected baseball cards 20 years ago, these Topps baseball card NFT's are hitting this long time nocoiner close to home. Great use case
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04-14-2021 , 04:00 AM
No coin? The pain
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04-14-2021 , 11:20 AM
I just bought a bunch of Stipple Sunsets
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04-14-2021 , 03:28 PM
Quote:
Originally Posted by OlafTheSnowman
As someone who collected baseball cards 20 years ago, these Topps baseball card NFT's are hitting this long time nocoiner close to home. Great use case
Welcome to Disruption Theory.
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04-15-2021 , 11:06 PM
Can someone quickly link that Lebron nft prism live object thing
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04-17-2021 , 12:34 PM
top is in boys, just got sent this ad for doctor who nfts lol

https://doctorwho-worldsapart.com/
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04-18-2021 , 12:39 PM
Quote:
Originally Posted by rickroll
top is in boys, just got sent this ad for doctor who nfts lol

https://doctorwho-worldsapart.com/
Hi, My Name is Confirmation Bias.
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04-18-2021 , 01:42 PM
anyone buy any of the triller nfts?

slap fight could be fun, imagine they minted that
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04-18-2021 , 03:09 PM
Just bought the dip on Non-Fungible Yearn.

NFTs + DeFi = Compelling.

70% off the all-time high.

Just a small position. Will build it more over time.

This is a minimum 1-year hold for me.

DYOR. YMMV.

And of course I bought the LYXE dip hard.

VIPBuddy has made some excellent points, both publicly and privately, about GHST. I'm up big on GHST and may think about selling it. Will sit on it for a while longer though.

Last edited by ZodiacalRelease; 04-18-2021 at 03:39 PM.
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