What three-card monte can teach you about NFTs

https://medium.com/@Timoth3y/what-three-card-monte-can-teach-you-about-nfts-48d9fcf38be7

by timoth3y • 4 years ago

5 4 4 years ago

timoth3y2• 4 years ago

The real value proposition (and genius) of NFTs is that they have been designed as assets that function as securities but can't be regulated as securities.

Comevius• 4 years ago

Great post, I almost forgot the ICO craze. I wish people would stop pushing crypto, it's disappointing to see them shilling for something so stupid, useless and harmful.

timoth3y2• 4 years ago

Author here. I was going to include a section on NFT gaming, but the article was already running long.

NFT gaming is some of the worst of the NFT ecosystem, but time spent researching this area and the people running it is simply rage-inducing. NFT games combine the worst qualities of child-labor, pyramid schemes, false advertising, and having some truly horrible human beings in charge.

abider• 4 years ago

I loved this write-up, thanks for submitting/authoring it!

Just wanted to point out you have a minor typo in there: > In recent months, everyone has been pouring over the US Bank Secrecy Act

(should be "poring over")

What three-card monte can teach you about NFTs

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