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makeitra1n ( makeitra1n@beehaw.org )  to Reddit@lemmy.mlEnglish · 3 years ago

Reddit raised $250m for building this

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Reddit raised $250m for building this

makeitra1n ( makeitra1n@beehaw.org )  to Reddit@lemmy.mlEnglish · 3 years ago
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  • Braggston08 ( Braggston08@kbin.social ) 
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    3 years ago

    Wow what a cheap way to get a avatar that tells everyone you are a nice target for scams.

  • maynarkh ( maynarkh@feddit.nl ) 
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    3 years ago

    Who else is still laughing at that one Reddit staff member calling people “right click abusers” or something like that for suggesting that they could just download the NFT pictures and set them as their profile without paying.

  • Fenzik ( Fenzik@lemmy.ml ) 
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    3 years ago

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    God it’s so shit, why does every manager want this

    • mabd ( mabd@kbin.social ) 
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      3 years ago

      I still don’t get NFTs. Not the technical part, but the why-the-hell-would-anyone-want-this part. Like, I can’t even understand the logic behind someone thinking someone else would want something like this. It seems like it should be a simple concept but my brain just hurts.

      • zhunk ( zhunk@beehaw.org ) 
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        3 years ago

        Some combination of the greater fool theory and daydreams of get-rich-quick schemes?

        At least the worst part of that bubble burst and we don’t have to hear about fresh scams in every ad and from that random friend of a friend and coworker’s sibling.

      • vanquesse ( vanquesse@kbin.social ) 
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        3 years ago

        A crypto coin is only worth as much as the hype surrounding it, so the people holding a lot of crypto needed something beyond “you can use this to buy drugs on the internet” to generate hype.
        It turns out that more than a few people investing in tech don’t really understand what they invest in, but are highly susceptible to FOMO so any tech company wanting a quick cash injection put together a blockchain/nft/play-to-earn/web3 pitch.

  • Ignacio ( Ignacio@kbin.social ) 
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    3 years ago

    This is relevant

    • vanquesse ( vanquesse@kbin.social ) 
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      3 years ago

      Scrolling to the bottom of nft dot reddit dot com reveals a 2021 copyright, but I’m sure they have all their best people working on a new version of it that’s much better! /s

    • Ecstatic_equilibrium ( Ecstatic_equilibrium@kbin.social ) 
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      3 years ago

      oh no. Anyway

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