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Matt ⁂ 🇳🇴 🇺🇦
@matt@oslo.town  ·  activity timestamp 2 years ago

It makes me chuckle a little that one of the biggest NFT stores on the Cardano blockchain is just called 'JPG Store'.

So many people are like "NFTs are shit. Do you not realise you're just buying an image?" and the name 'JPG Store' is just screaming "Come and buy some expensive JPGs"

https://www.jpg.store

#Cardano#ADA#CardanoADA#JPGStore#NFT#NFTs#CardanoNFT#Cryptocurrency#Blockchain

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Matt ⁂ 🇳🇴 🇺🇦
@matt@oslo.town replied  ·  activity timestamp 2 years ago

Also, there is some really bad, but also some really cool artwork in the NFT world and I think its cool that artists can make art and get paid for it.

On JPG Store, the Clay Nation collection looks really cool - but the floor price is ₳1449 and no way would I pay the equivalent of $350 (USD) for a contract of ownership of a JPG.

😅

#Cardano#ADA#CardanoADA#JPGStore#NFT#NFTs#CardanoNFT#Cryptocurrency#Blockchain#ClayNation#DigitalArt#ClaySculpture#3Drender

A screenshot of the Cardano NFT marketplace called JPG Store showing the Clay Nation collection of artwork. They are people, made up of 3D models that look like they are made of clay containing lots of unique character in each one.
A screenshot of the Cardano NFT marketplace called JPG Store showing the Clay Nation collection of artwork. They are people, made up of 3D models that look like they are made of clay containing lots of unique character in each one.
A screenshot of the Cardano NFT marketplace called JPG Store showing the Clay Nation collection of artwork. They are people, made up of 3D models that look like they are made of clay containing lots of unique character in each one.
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Matt ⁂ 🇳🇴 🇺🇦
@matt@oslo.town replied  ·  activity timestamp 2 years ago

When I initially read about NFTs, I thought they were a good idea because the sales pitch that I read wasn't "You buy a JPG that may or may not exist on the internet in future"

BUT, it was more about you buy a physical thing (a limited edition vinyl record, or a physical piece of art) and the NFT is a digital representation of that piece and bought / sold / transferred with the physical piece as a record of ownership.

And that kind of made sense to me.

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