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EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.

mystes posted:

What the gently caress is a "fake nft"?

right clicking nfts and clicking save as

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Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

Boxturret posted:

they've evolved from buying a link to an image to buying a promise of a future image

NFT futures

i will gladly pay you tuesday for an NFT today

Zlodo
Nov 25, 2006
Lesson learned.

Onwards, with that out of the way,

gschmidl
Sep 3, 2011

watch with knife hands

Alan Smithee posted:

NFT futures

i will gladly NOT pay you tuesday for an NFT today

Paladinus
Jan 11, 2014

heyHEYYYY!!!
No Future Tokens.

jesus WEP
Oct 17, 2004


Boxturret posted:

they've evolved from buying a link to an image to buying a promise of a future image
god dammit I said these ape pictures are derivative, not… ugh never mind

Agile Vector
May 21, 2007

scrum bored



EorayMel posted:

right clicking nfts and clicking save as

what's to keep someone from saving one of these images and reposting as a new nft? asking for a rube friend

4lokos basilisk
Jul 17, 2008


Agile Vector posted:

what's to keep someone from saving one of these images and reposting as a new nft? asking for a rube friend

nothing

you have to pay someone some real money for minting an nft though, so it's not free

proobably you have to modify the file a little bit if they check hash similarity or something

qirex
Feb 15, 2001

whoever called it “speed running 3000 years of financial crimes” way back was dead on

Shame Boy
Mar 2, 2010

Agile Vector posted:

what's to keep someone from saving one of these images and reposting as a new nft? asking for a rube friend

nothing (except the cost of minting one, as mentioned). thing is, nobody actually cares about the image, they care about the token. because fundamentally it's just another loving coin with dressing on top.

Agile Vector
May 21, 2007

scrum bored



drat that minting thing

is there any part of this that isn't some form of grift dressing on a 'coin'? (the answer is no)



i typed cloin but clown coins already exist (all of them)

smellmycheese
Feb 1, 2016

RPATDO_LAMD
Mar 22, 2013

🐘🪠🍆
there are fancy new systems where you can set it up so your "customers" pay the minting fees to create tokens on demand so you don't have to pay the upfront costs for 10,000 identical monkeys
you still need to pay :gas: fees for at least the one smart contract though

it's also hilarious when one of those systems fails to catch on because if you don't get people to mint all 10k fast enough during the release hype it basically crashes the market instantly. the smart-contract's minting fee puts a ceiling on the price so until all the initial "limited supply buy now!!" sells out nobody can resell their 'investment' for more than they paid for it

RPATDO_LAMD fucked around with this message at 21:27 on Nov 15, 2021

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

Agile Vector posted:

what's to keep someone from saving one of these images and reposting as a new nft? asking for a rube friend

rube goldbug: simply follow these 12 easy steps to sell crypto

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Agile Vector posted:

what's to keep someone from saving one of these images and reposting as a new nft? asking for a rube friend

you're thinking too small, what you have to do is say that you will hire someone to save and duplicate all the monkeys and start preselling them

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...
*sigh*

once again you ignorant right clicker

i'm not selling the nft

im selling an nft of the nft

Powerful Two-Hander
Mar 10, 2004

Mods please change my name to "Tooter Skeleton" TIA.


Alan Smithee posted:

*sigh*

once again you ignorant right clicker

i'm not selling the nft

im selling an nft of the nft

that's a synthetic nft, god people like you have no understanding of the fundamentals :rolleyes:

qirex
Feb 15, 2001

how long until you can bet on nft rug pulls using a default swap?

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
im preselling tokens that will allow me to hire someone to make an nft of an nft of an nft

qirex
Feb 15, 2001

I had a terrible idea this weekend of using nfts for specific events to run gambling but I don't want to explain further in case I cause it to manifest

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

qirex posted:

I had a terrible idea this weekend of using nfts for specific events to run gambling but I don't want to explain further in case I cause it to manifest

making an nft of this vague idea

Pigbuster
Sep 12, 2010

Fun Shoe

qirex posted:

I had a terrible idea this weekend of using nfts for specific events to run gambling but I don't want to explain further in case I cause it to manifest

you say this as though crypto projects elaborate on their promises any more than this before asking for money

SubG
Aug 19, 2004

It's a hard world for little things.

Penisface posted:

nothing

you have to pay someone some real money for minting an nft though, so it's not free

proobably you have to modify the file a little bit if they check hash similarity or something
i think this is my "favourite" part of the whole nft grift: it's not just stupid in general (it is) and it's not just that it doesn't solve a real-world problem (it doesn't), it's that even within the asinine bounds of its own design it's just abjectly a dumb design

like say you're planning on going on a vacation and you think maybe you want to take a cruise. but you've heard that cruise ships are floating infectious disease wards, so you contact the cruise line to ask what steps they're taking to prevent the spread of disease on this ship. and they say that they issue a parachute to everybody who takes one of their cruises. and when you point out that you were asking about disease and parachutes don't have anything to do with disease and also parachutes don't provide any safety on ships, they tell you not to worry, their parachutes are perfectly secure--when you board the ship, the captain takes a magic marker and writes what colour shirt you're wearing, so nobody else can possibly use your parachute. and then when you point out that in addition to not answering your specific concerns or solving any real-world problems in general, that's a fundamentally broken way to do what they're doing. at which point the guy from the cruise line tells you that you clearly don't understand the growing nautical movement and the fact that you can't see what a great idea this all is is just evidence of your non-nautical mindset

SubG
Aug 19, 2004

It's a hard world for little things.
while you're discussing this, the ship sinks. the guy from the cruise line tells you they're negotiating with the ocean

Khorne
May 1, 2002

qirex posted:

I had a terrible idea this weekend of using nfts for specific events to run gambling but I don't want to explain further in case I cause it to manifest
Each one points to a url that has a "MYSTERY TOKEN" image that gets revealed in <1 week / at the event> and anyone who gets BIG WINNER can do a [one-time redemption/get vip access] while still holding the nft!

qirex
Feb 15, 2001

I shall never name the demon lest it appear before me and demand my soul

Shame Boy
Mar 2, 2010

SubG posted:

while you're discussing this, the ship sinks. the guy from the cruise line tells you they're negotiating with the ocean

several public pleas are issued begging the ocean to allow the ship back to the surface again, in exchange for keeping a few lifeboats as payment since we all learned a valuable lesson

Khorne
May 1, 2002

qirex posted:

I shall never name the demon lest it appear before me and demand my soul
You can expand the idea by having badges for each event distributed as NFTs as proof of attendance. Then you can show these badges and automatically generate profile images, hero images, and more with them using our automated profile generator that sees which nfts you own.

Lampsacus
Oct 21, 2008

Post Malone and The Weeknd - One Right Now (Official Video) just dropped an hour ago. Check out this product placement yo!

https://www.youtube.com/watch?v=Tc0tLGWIqxA

Shumagorath
Jun 6, 2001

Lampsacus posted:

Post Malone and The Weeknd - One Right Now (Official Video) just dropped an hour ago. Check out this product placement yo!

https://www.youtube.com/watch?v=Tc0tLGWIqxA
collaborating with post malone is already as bad as launching your own memecoin

DerekSmartymans
Feb 14, 2005

The
Copacetic
Ascetic

qirex posted:

how long until you can bet on nft rug pulls using a default swap?

Don’t give the sportsbookies any new ideas. I’m just tired of the commercials as of a year ago.

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

SubG posted:

i think this is my "favourite" part of the whole nft grift: it's not just stupid in general (it is) and it's not just that it doesn't solve a real-world problem (it doesn't), it's that even within the asinine bounds of its own design it's just abjectly a dumb design

like say you're planning on going on a vacation and you think maybe you want to take a cruise. but you've heard that cruise ships are floating infectious disease wards, so you contact the cruise line to ask what steps they're taking to prevent the spread of disease on this ship. and they say that they issue a parachute to everybody who takes one of their cruises. and when you point out that you were asking about disease and parachutes don't have anything to do with disease and also parachutes don't provide any safety on ships, they tell you not to worry, their parachutes are perfectly secure--when you board the ship, the captain takes a magic marker and writes what colour shirt you're wearing, so nobody else can possibly use your parachute. and then when you point out that in addition to not answering your specific concerns or solving any real-world problems in general, that's a fundamentally broken way to do what they're doing. at which point the guy from the cruise line tells you that you clearly don't understand the growing nautical movement and the fact that you can't see what a great idea this all is is just evidence of your non-nautical mindset

this is a good metaphor, unfortunately it's not pithy enough to fit in a tweet

Shumagorath
Jun 6, 2001

qirex posted:

how long until you can bet on nft rug pulls using a default swap?
three days before the end of the economy if i remember how settlement works

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


https://twitter.com/IAmGryphoneer/status/1460103849323204612

DerekSmartymans
Feb 14, 2005

The
Copacetic
Ascetic

Shumagorath posted:

three days before the end of the economy if i remember how settlement works

Is “settlement” the synonym for “rug pull?”

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

holy loving christ

mystes
May 31, 2006

Oh man when NFTs are bad enough to enrage these people and furries you know it's got to be good

The_Franz
Aug 8, 2003


:laffo:

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.
when people who literally gently caress dogs don't want you besmirching their name by association, you've got an image problem

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AnimeIsTrash
Jun 30, 2018


excuse me

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