ThoughtStorms Wiki :: AgainstNFTs

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Various criticisms of NonFungibleTokens

AnilDash says they weren't supposed to end up like this : https://www.theatlantic.com/ideas/archive/2021/04/nfts-werent-supposed-end-like/618488/

The ecological cost : https://memoakten.medium.com/the-unreasonable-ecological-cost-of-cryptoart-2221d3eb2053

EverestPipkin argues that the ecological cost can't be overcome or mitigated. https://everestpipkin.medium.com/but-the-environmental-issues-with-cryptoart-1128ef72e6a3

NFTsAsUnregisteredSecurities

DallEvsNFTs

ApoliteicNFTs

ThreadView

Intellectual monopolies were created to incentivize contributions to the public domain. "Property rights" for non-material objects don't exist outside of this incentive structure, with the exception of protected intangible cultural heritage, which is specifically communal.

— Eleanor Saitta (@Dymaxion) March 7, 2021

Bookmarked at 2022-01-23T13:20:26.943823 https://antsstyle.medium.com/why-nfts-are-bad-the-long-version-2c16dae145e2

Contrast:

  • ALeftViewOfBlockChains

Backlinks (4 items)

  • AgainstMetaverse
  • DallEvsNFTs
  • NFTsAsUnregisteredSecurities
  • NonFungibleTokens
Page Last Modified : Tue Jun 14 16:38:56 BST 2022 Exported from CardiganBay 2022-07-05T10:30:11.077338