The future

[guywhofishes]

I'm just super jealous wj "gets" this stuff and I don't. :;:huh

 

[MuskyManiac]

Apparently Apple is not buying into the metaverse.....yet. Or so they say.

 

[johnr]

I'm just super jealous wj "gets" this stuff and I don't. :;:huh

I too could not be more confused. No idea what any of these posts are even talking about..

 

[Captain Ahab]

Apparently Apple is not buying into the metaverse.....yet. Or so they say.

I don’t see that lasting too long.

 

[guywhofishes]

"or so they say" is the nugget there

 

[Jiffy]

I can't even bring myself to watch the damn video.

I'm going to go stick my head back in the sand.

 

[Ragnar]

I'm trying to figure out what an NFT is

 

[johnr]

I'm trying to figure out what an NFT is

Nice Fat Titty?

 

[db-2]

Did someone mention boobs? db

 

[Dirty]

wait a minute! you buy and sell digital land?! NFT? tokens? lets start with the digital land thing please. who the fuck is paying for "digital" land?

A bigger issue is electronic posting of digital land. That will be the virtual end of hunting for sure.

 

[riverview]

I tried watching the video and thought wtf is going on, not for me

 

[Dirty]

Say what you will about all this mumbo jumbo and buy into it if you want, but if this is the way of the future, and it certainly appears to be, I feel terrible for our kids. I feel guilty enough as it is with the present state of affairs, but we continue to pull the rug out from the future generations with this constant strive to advance technology and make everything easier and more technological. It is played out to be such a great thing but we are literally advancing our kids and everyone left in our wake right out of jobs, opportunities, enjoyment, purpose, fulfillment, and a fighting chance at a bright future…at an exponential pace.

 

[3Roosters]

Say what you will about all this mumbo jumbo and buy into it if you want, but if this is the way of the future as it appears to be I feel terrible for our kids. I feel guilty enough as it is with the present state of affairs because we have royally fucked up throughout our past. We are killing the future of however many generations are after us with advanced technology. We are literally advancing ourselves and everyone in our wake right out of jobs, opportunities, enjoyment and fulfillment…at an exponential pace.

i do not gamble at casinos or otherwise...well blackjack at a local pub..but i do have some discretionary dollars that i might be interested in learning more as i would rather not GAMBLE but rather use my money to my odds. PM me

 

[CatDaddy]

Me. I have a several pieces of digital land across multiple metaverse platforms. And I have a PILE of NFTs. I typically try to get my initial investments out within a month. Typically buy 2-3 of the same NFT when they release, wait a few days for them to 2-3x and sell one to break even. Then let the other two ride risk free and see what happens. So my pile of "land" and nfts is worth more than an anti-technology hillbilly like myself could ever imagine and I currently have very little of my original investment $$ into it.

If you don't mind me asking, what genre of NFT's do you invest in?

 

[deleted member]

Holy fuck. Color me ignorant and paint me black. Who would have thought.

 

[Auggie]

 

[guywhofishes]

Alright… you crazy sonsabitches. I’m all in.

Does Fleet Farm carry NFTs?

 

[Captain Ahab]

So...it's a token with no mushroom fungus on it?:;:

 

[Auggie]

Alright… you crazy sonsabitches. I’m all in.

Does Fleet Farm carry NFTs?

NFT's are not needed by men, hence they are not in the Man's Mall.

 

[Petras]

So...it's a token with no mushroom fungus on it?

I watched the video, and a few others... this is about as accurate of a guess as any I could come up with...


On a serious note, NFTs are basically a play on human psychology. An "Artist" (and I quoted artist because some of the garbage thats out there to buy is facking ridiculous) creates a digital art piece. THey then go and list in on a platform for sale. They can mint as many as they want, but heres where the psychology play comes in. Humans desire shit that is rare/scarce. An artist puts a piece out and says, "ope, there's only 2 of these made, better get it now!" so people buy them up because they are rare... The Artist makes money, and then the person who bought the piece either hangs on to it in hopes it appreciates, or just tries to flip it right away.

Heres where the artists can make bookoo bucks. When they "mint" a piece, they can assign a royalty to it. For example, that dipshit that invented twitter sold the very first ever tweet on twitter. He sold it for like 2.9 million dollars. Not sure if he Assigned a Royalty to it (I'm sure he did). If he did say a 10% royalty to it, then every time it changes hands after the initial sale, he gets a 10% fee on the sale price.

It's a great platform for actual artists to sell their creations and make money, but I fear it is just going the be a big huge popularity contest. Some of the shit that has sold on there for big money is absolutely mind blowing... and the premice of it seems gimmicky...

The NBA actually has a huge portfolio of NFTs that the sell just like player cards... except these are basically just little video clips of shots/dunks/whatever that you buy and hold on to hoping that they will go up in price. Once they go up, you sell and make some money.


All I did was watch a couple videos last night on this garbage so I may not be 100% correct with this. I think this is the stupidest shit ever.

That being said, I fully intend to make money off it. I'm going to be looking at the NBA NFT's and seeing whats available.