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Sjlver
@sjlver
What is the point of minting someone's work? (honest question) Minting seems to be a mix of bookmarking, sending money, and publicly liking something. Yet it's a strange bundle that does a mediocre job at each of these 🤔 Please help me make sense of web3 🙏🏼
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Aaron|183Aaros.eth🔵🔴
@183aaros.eth
IMO (free) minting means a more natural way to data monetisation, data annotation, and data tracking
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Sjlver
@sjlver
What's puzzling me about this is that the data is typically publicly available. The NFT being minted is just a link to this data. Compare this to paywalls, Amazon Kindle, YouTube movies, paid podcast subs... where the actual data is being monetized. Annotation and tracking are limited, and have privacy issues.
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