# Fuck NFTs! NFTs. Fuck 'em expensive images. Rules: - Follow Fediverse Code of
Conduct [https://mastodon.social/about] - When posting links of news articles,
put the tile in Title section then diss/shit about them on the Body section - Do
not post misinformation/disinformation - If you think an NFT is still cool,
please screenshot them before sharing them here. Icon from Untitled Collection
#202729794 by NFTJ2
[https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/94376598192474096290575604325540327788741331549399312329838622244948573945857]
As another user said, the NFT is the ticket. A ticket is basically a receipt when you think about it, which is why it makes sense as a use case. It shows that you have purchased a unique item (the seat) and grants you access to it.
The artist/venue could make a ticket independently and without NFTs. They would then have to make them in a way that couldn’t be forged, and would have to create a distribution system. None of that is simple for an independent artist/venue to implement. By using an NFT all of that is handled by the decentralized network.
Again, that was simply an example to help demonstrate how NFTs have more use cases than just a picture of a monkey
How about a digital ticket? A QR code to be presented on my phone that I got via email? That seems very feasible. I still don’t see what advantage an NFT would have here. Seriously asking because I’ve been confused for the last few years and nobody is explaining in a way that makes sense to me.
I’m generally not aware of many cases of ownership of anything being in question, so many in fact that we need an entirely new way of dealing with them. Also look at how many monkey pictures have been straight up stolen with, apparently, no way to prove that they were stolen, because stuff can’t be deleted on the blockchain.
A QR code is a link. Who hosts the site? Who is going to pay for the infrastructure, let alone the engineer to set it up? An email has the same problem, what mail server is going to send the email? How do you ensure someone can’t duplicate a ticket? You can’t just make that out of thin air. These systems cost money to create and implement, which is not approachable for individual artists and venues. An NFT takes care of all of that and does it very well at very low cost. Not to mention, the lack of a middle man means all money (besides a small fee to operate on the decentralized network) goes directly to the artists/venue)
I disagree that being able to prove ownership is not a common use case. NFTs aren’t useful in every situation, but when proof of ownership is involved, NFTs are relevant.
Another example of this could be a digital license. Say that you purchased a lifetime license to a piece of software (maybe even a game). You could sell/trade the license to another person on your own terms. I really like this idea because we don’t really “own” any digital goods we purchase now days. If you have a physical game you can sell it to a friend, why not the same for digital ones?
And yes, while they can be stolen, that is not the security they provide. Anything can be stolen. NFTs can’t be forged.
Also want to say thank you for actually asking a question and not just trying to dunk on the whole concept!
As another user said, the NFT is the ticket. A ticket is basically a receipt when you think about it, which is why it makes sense as a use case. It shows that you have purchased a unique item (the seat) and grants you access to it.
The artist/venue could make a ticket independently and without NFTs. They would then have to make them in a way that couldn’t be forged, and would have to create a distribution system. None of that is simple for an independent artist/venue to implement. By using an NFT all of that is handled by the decentralized network.
Again, that was simply an example to help demonstrate how NFTs have more use cases than just a picture of a monkey
How about a digital ticket? A QR code to be presented on my phone that I got via email? That seems very feasible. I still don’t see what advantage an NFT would have here. Seriously asking because I’ve been confused for the last few years and nobody is explaining in a way that makes sense to me.
I’m generally not aware of many cases of ownership of anything being in question, so many in fact that we need an entirely new way of dealing with them. Also look at how many monkey pictures have been straight up stolen with, apparently, no way to prove that they were stolen, because stuff can’t be deleted on the blockchain.
A QR code is a link. Who hosts the site? Who is going to pay for the infrastructure, let alone the engineer to set it up? An email has the same problem, what mail server is going to send the email? How do you ensure someone can’t duplicate a ticket? You can’t just make that out of thin air. These systems cost money to create and implement, which is not approachable for individual artists and venues. An NFT takes care of all of that and does it very well at very low cost. Not to mention, the lack of a middle man means all money (besides a small fee to operate on the decentralized network) goes directly to the artists/venue)
I disagree that being able to prove ownership is not a common use case. NFTs aren’t useful in every situation, but when proof of ownership is involved, NFTs are relevant.
Another example of this could be a digital license. Say that you purchased a lifetime license to a piece of software (maybe even a game). You could sell/trade the license to another person on your own terms. I really like this idea because we don’t really “own” any digital goods we purchase now days. If you have a physical game you can sell it to a friend, why not the same for digital ones?
And yes, while they can be stolen, that is not the security they provide. Anything can be stolen. NFTs can’t be forged.
Also want to say thank you for actually asking a question and not just trying to dunk on the whole concept!