This has to be THE MOST RETARDED USE CASE FOR BLOCKCHAIN OF ANY YET, we had the meme's of ICO's a rip of WALL STREET IPO's for worthless coins a COMPLETE SHAM AND SCAM MONEY GRAB.
Then the human race decides to exploit another area for pure self interest and money grabs, enter the absolutely pathetic world of NFT's, the premise is a digital piece of art, NOT EVEN SOLELY VIEWABLE BY THE OWNER, all they own is the rights of the art piece they own the image rights.
There are so many holes in the premise ITS INSANE;
metaphor;
Its like you buying a Matisse but everyone in the world can have it hanging in their front room able to print it out change the size, use it in their own personal life however they want non commercially, BUT YOU PAY 1 MILLION POUNDS FOR YOUR PICTURE AND EVERYONE ELSE GETS THEIR OWN COPY FREE, OHHHH BY THE WAY IDENTICAL IN EVERY AESTHETIC WAY TO YOURS, ITS A FUCKING JOKE.
The sheep herd mentality has gone into fucking zoomer drive, people are just mindlessly FOMOING into the latest craze throwing their money at the wall. yeah bro its an investment bro, its going up further than 50 million bro, its one of the worst bets in history when you can invest in game changing cryptocurrencies like ADA, ETH, LINK, DOT, ATOM, etc for a fraction of the cost and still huge% returns..
The premise is completely flawed the internet is the wild west, images are swapped like pieces of dust, IT DOESNT MATTER IF YOU OWN IT, if people can get it for free and use personally THERE IS NO MARKET, outside commercial use, which will only be the top 0.1% of artists so the majority lose again. The majority will sell high now and then completely bottom out to a fraction of the value as no commercial entity pays for the rights to use it, because the market is saturated with "digital artists" and again only the top 0.1-1% get commissioned and are reproduced in adverts websites etc.
Its an absolute joke
Then the human race decides to exploit another area for pure self interest and money grabs, enter the absolutely pathetic world of NFT's, the premise is a digital piece of art, NOT EVEN SOLELY VIEWABLE BY THE OWNER, all they own is the rights of the art piece they own the image rights.
There are so many holes in the premise ITS INSANE;
metaphor;
Its like you buying a Matisse but everyone in the world can have it hanging in their front room able to print it out change the size, use it in their own personal life however they want non commercially, BUT YOU PAY 1 MILLION POUNDS FOR YOUR PICTURE AND EVERYONE ELSE GETS THEIR OWN COPY FREE, OHHHH BY THE WAY IDENTICAL IN EVERY AESTHETIC WAY TO YOURS, ITS A FUCKING JOKE.
The sheep herd mentality has gone into fucking zoomer drive, people are just mindlessly FOMOING into the latest craze throwing their money at the wall. yeah bro its an investment bro, its going up further than 50 million bro, its one of the worst bets in history when you can invest in game changing cryptocurrencies like ADA, ETH, LINK, DOT, ATOM, etc for a fraction of the cost and still huge% returns..
The premise is completely flawed the internet is the wild west, images are swapped like pieces of dust, IT DOESNT MATTER IF YOU OWN IT, if people can get it for free and use personally THERE IS NO MARKET, outside commercial use, which will only be the top 0.1% of artists so the majority lose again. The majority will sell high now and then completely bottom out to a fraction of the value as no commercial entity pays for the rights to use it, because the market is saturated with "digital artists" and again only the top 0.1-1% get commissioned and are reproduced in adverts websites etc.
Its an absolute joke
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