I've never seen any compelling argument in favor of NFT. Everything points to it being pure hype with no redeeming value whatsoever, and this is no different. To wit, I don't recall reading even a single comment on HN entirely supportive of NFTs, and there's hardly ever any shortage of contrarians on most topics.
That address starts with 1337420 lol. I can't help but feel this is timed poorly though. Surely there must be some fatigue towards both gamestop and crypto.
Imagine a digital asset used by a professional gamer in a tournament, you could then auction it for charity and the asset could be used in that game or possibly others. The fact that it's recognized by the game code as a NFT could make it scarce in that game.
So the ETH address is a contract that defines an NFT, but it just links to the video that is already playing on the website.<p>Direct IPFS link is ipfs://QmaLEchFaE7FWhc4MCvYMqoTdK8rV1yfjEC5Bz4jzQRbjS<p>They've also encoded the launch date as 1626261600.<p>The owner of the NFT is 0x10B16eEDe03cF73CbF44e4BFFFa3e6BFf36F1Fad. I don't immediately see anything interesting there.
One theory is that Ryan Cohen's lockup expires around then, and they will have reported earnings. Rc is not accepting payment from the firm, so he'll be free to sell his stake then
NFTs for rare in game items that can transcend any particular game's ecosystem and be bought and sold on an open marketplace maybe?<p>Are you Ready Player One? The future's about to get weirder.