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The Olympics has moved on from Mario and Sonic
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this post was submitted on 31 Jul 2024
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I remember when NFTs first appeared. I misunderstood their purpose thinking they were a clever way to transfer intellectual property rights for something. Only to later learn that it's basically poop, completely worthless.
I think it's a cool idea with awful implementations. Rather than turning the idea into a solution for something existing, everyone and their mother decided to create a fake problem instead.
And thus the problem with every make company and AI right now.
NFTs are a clever way to transfer intellectual property rights for something.
It's just that the something is worthless... And IP is imaginary.