Zach pfp
Zach
@zachterrell
Everytime I get excited about NFTs (as they exist currently) I come back to the blackpill that the only thing that is onchain is the metadata and most of the actual NFT content is just hosted on S3 buckets Can someone un-blackpill me? I still think the underlying tech is cool fwiw
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Zach pfp
Zach
@zachterrell
IPFS too
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Nicholas Charriere pfp
Nicholas Charriere
@pushix
I think the crux of the issue is the difference in public perception of IPFS and the ethereum chain. IPFS is a sick piece of technology that is strongly censorship resistant and has serious adoption (therefore durability). I recommend going and learning about it, it's really cool tech, and meets the reqs you have.
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jacob pfp
jacob
@jacob
Onchain: + media + functionality For example a Noun is entirely onchain SVG and has proposal and voting rights over a $40M treasury.
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Jon "JonnyRingo" Williams⚰️ pfp
Jon "JonnyRingo" Williams⚰️
@jonnyringo.eth
I believe using Aweave largely fixes this issue
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Dan Romero pfp
Dan Romero
@dwr.eth
1. Entirely on-chain SVGs 2. NFTs as visual media while neat, is limiting. That's like saying the web is only useful for static read only pages. It's the start of an entirely new computing platform that is permissionless, composable and remixable.
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Justin Hunter pfp
Justin Hunter
@polluterofminds
Is this true still? In 2020 and early 2021, I think it might have been mostly true, but I think the pendulum swung the opposite direction pretty quickly. Every month Pinata sees billions of requests to IPFS gateways for NFT metadata and media.
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daniel pfp
daniel
@pcdkd
Isn't most of it now on Arweave/IPFS?
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Colin Johnson 💭 pfp
Colin Johnson 💭
@cojo.eth
My counter hot take is that the origination/metadata is actually the magical part. You can feel the provenance in your bones.
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Ben  - [C/x] pfp
Ben - [C/x]
@benersing
@perl
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Nickolas Tazes | Watchen.xyz pfp
Nickolas Tazes | Watchen.xyz
@tazes
Everything would be easier if there was a tool converting other formats to (actual) SVGs. But new collections should create their art as svgs in the first place.
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adiba pfp
adiba
@adiba.eth
I still don't understand why the content is not on Arweave/IPFS.
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Sher Chaudhary pfp
Sher Chaudhary
@sher
most nft metadata is off-chain too fwiw
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Agost Biro pfp
Agost Biro
@agostbiro
Non-fungible tokens are the first working open data interchange format on the internet. It’s what the semantic web folks tried to do but failed. The potential cannot be overstated.
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Maybe Im Wasabi〽️ pfp
Maybe Im Wasabi〽️
@maybeimwasabi
I'm not sure if I can un-blackpill you, but my genesis *art* collection puts a spotlight on these questions *explicitly*. Web3 & AI are shaping art and culture in unprecedented ways. We rarely stop to really consider, question how. ~Unknown Women (𝐔𝐊𝐖)~ brings us together to participate in those questions, to
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Davide pfp
Davide
@davide
I think the “problem” is that so much is still anchored on the artistic side vs taking NFTs for what they are: a row on a public ledger. You could be amazing things such as a version of CarFax entirely on chain, and none of the data would be centralized.
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Chris Korhonen pfp
Chris Korhonen
@chrisk
I tend to think of the NFT more as a certificate of ownership/membership/authenticity rather than the artwork itself (in most cases)
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Ryan pfp
Ryan
@ryanconnor
This is the correct take, but things will only get more exciting from here
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Aafren (👻)  pfp
Aafren (👻)
@aafren
You need to find the innovators. On-chain NFTs can be really unique. Reducing the vulnerability of loosing information is the goal of on-chain tokens. Keep in mind not everything should always be on-chain.
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Jackson 🎩🍖 pfp
Jackson 🎩🍖
@jacks0n
To un-blackpill ignore jpegs. NFT utility is digital access to a community or a power up for an app. Ownership and access to digital goods. e.g. steam game library becomes NFTs. Ad space on a website becomes an NFT. Concert tickets etc. These are only some skeuomorphs though.
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