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@iceloops depends. if the game itself linked into your NFTs so you could only play a card if you own it then at least it is serving some function

@iceloops Depends on what appeals to you. Cardano I think already has NFTs. I would need to check though, could just be ordinary tokens.

@iceloops there are cheap nfts.. hell you can mint your own NFT for cheap enough. But yea for many NFT it isnt worth the price.

@noelle I know you mean this sarcastically, but its almost as bad, I'd put it on par. I've seen an accusation destroy entire careers and families, yet i have not seen much of a reaction at all when a persons race becomes exposed. Yes racism will be at play, but the consequences are absolutely more subtle.

Thats not a bad thing completely, it means we are taking racism seriously, so great. But lets not make that an excuse to justify it if the accusation has no evidence.

@Shamar I tend to think that special relativity could be easily explained to most older toddlers if the person doing the explaining understood it well themselves. To me it seems like a fairly simple topic that is never really explained well.

I am not a lawyer, so i can only speak so far on this. For a house you might be right as there is additional regulations on them of all sorts. But for most things I dont think this would be an issue.

I am pretty sure if the owner of the house said they would transfer owner to the house to whoever owns a particular NFT, and this was a signed contract, then yea the government would honor it. If the person refused to transfer the ownership you would just sue them for the home and show the contract and prove in court you own the NFT.

I really cant see any reason the current frameworks wouldnt work.

@realcaseyrollins @yarmo

@realcaseyrollins Who needs a channel for that. We already know the answer is five-guys.

@yarmo

It doesnt require any sort of institution at all. Just requires a person to write a license or contract that states as much. Some of the use cases (like the idea of a bond) can be entirely on the block chain and dont even require that much.

@realcaseyrollins

@realcaseyrollins

While that is a cool and interesting use for them I'd say there are way more uses. Anytime you have something that has a value, but its value is unique to the thing a NFT makes sense. So in the real world using NFTs as a way to sell digital art would make a lot of sense, if it were done correctly.

Right now most of the time an NFT doesnt denote ownership, its just some fad thing. But if the license was written so whoever owns the NFT owns the copyright (or some similar license) then it might have value if im the only one allowed to use the image or sell it.

But also it could be used for real world things like a home, or a physical painting.

All that said, thats the obvious intended use, but I see lot sof other less obvious good uses. For example if you wanted to create something like a bond where it has a fixed time period and interest rate, that makes a lot of sense as a NFT too.

@yarmo

@yarmo Yea to be fair this level of absurdity is hardly anything new. What gets me is that NFTs as a concept are a legit and valuable tool but all the hype is going to the nonsense uses.

I'm sorry but this shit has to end! NFTs are valuable monetary tools but shit like this makes it hard for people to take the concept seriously.

Cryptocurrency News Worldwide  
Ethereum Pet Rock NFTs Are Selling for More Than $100,000 https://decrypt.co/78097/ethereum-pet-rock-nfts-selling-more-than-100000 #Technol...

In all honesty I'm not sure I'd give the Lobster a second thought.

P.S. Sorry @surasanji the genocide of lobsters is no laughing matter.

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