nfts were so weird in hindsight, can't believe so many people fell for that shit
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:oppa: kittymaxxing :oppa: (rosey@catgirl.sex)'s status on Tuesday, 01-Jul-2025 17:32:56 JST :oppa: kittymaxxing :oppa:
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:oppa: kittymaxxing :oppa: (rosey@catgirl.sex)'s status on Tuesday, 01-Jul-2025 17:32:54 JST :oppa: kittymaxxing :oppa:
@mrsaturday@shitposter.world i think non-fungible tokens as a digital certificate of authenticity are a good thing but like, buying a certificate of authenticity with a randomly-generated png attached is (and was) dumb as shit
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Encyclopædia Autistica (Order Now!) (mrsaturday@shitposter.world)'s status on Tuesday, 01-Jul-2025 17:32:55 JST Encyclopædia Autistica (Order Now!)
@rosey They seemed like a bad answer to a worse problem (IP when information can be broken down into easily replacated 0s and 1s) -
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:oppa: kittymaxxing :oppa: (rosey@catgirl.sex)'s status on Tuesday, 01-Jul-2025 17:33:06 JST :oppa: kittymaxxing :oppa:
@Vo@noauthority.social why pay for one when i can pirate it for free (right-click and save image)
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Vo (vo@noauthority.social)'s status on Tuesday, 01-Jul-2025 17:33:07 JST Vo
@rosey butbut new thing!! next big thing!! buy now or you'll miss out!!
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Fish of Rage (sun@shitposter.world)'s status on Tuesday, 01-Jul-2025 17:34:43 JST Fish of Rage
@rosey @Vo it worked really good as an art patronage system, I saw it reward a lot of great artists. but you're absolutely right that procgen of the worst art you've ever seen was bullshit. and well, that shit killed them for everyone.
nfts were my bread and butter for years so the 99% shit ones killing the good 1% hurt me bad. -
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Encyclopædia Autistica (Order Now!) (mrsaturday@shitposter.world)'s status on Tuesday, 01-Jul-2025 17:37:30 JST Encyclopædia Autistica (Order Now!)
@rosey New-money monkey jpeg enthusiasts did a catastrophic amount of damage to the concept. I do think it's funny how the people most smug about right-clicking the monkey are the loudest and angriest about AI scraping social media for training purposes, though. Fish of Rage likes this. -
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:oppa: kittymaxxing :oppa: (rosey@catgirl.sex)'s status on Tuesday, 01-Jul-2025 17:37:50 JST :oppa: kittymaxxing :oppa:
@sun@shitposter.world @Vo@noauthority.social yeah, it sucks that people with a legitimate use for them got drowned out by people selling blocks of 10000 near-identical monkeys
on the other hand though at least people who bought into that got what they deserved in the endFish of Rage likes this. -
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Fish of Rage (sun@shitposter.world)'s status on Tuesday, 01-Jul-2025 17:38:10 JST Fish of Rage
@rosey @Vo my apes, depreciated -
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(mint@ryona.agency)'s status on Tuesday, 01-Jul-2025 17:40:44 JST
@sun @rosey @Vo My male, burned out. ✙ dcc :pedomustdie: :phear_slackware: likes this. -
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Fish of Rage (sun@shitposter.world)'s status on Tuesday, 01-Jul-2025 17:46:10 JST Fish of Rage
@romin @rosey there was no money laundering, actual art is and was the proper avenue for that. giant sale prices for NFTs was just people selling to themself to create hype for their collection. run of the mill scam. -
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ロミンちゃん (romin@shitposter.world)'s status on Tuesday, 01-Jul-2025 17:46:11 JST ロミンちゃん
@rosey they were just a novel way to facilitate money laundering, not hard to understand
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