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If the NFT (whatever that is) of a thing can
be sold for a lot of money (for some reason
no one understands) then it logically follows
that the NFT of an NFT can be sold for even
more.
another self-referential NFT idea
https://www2.bfi.or...eople/4ce2b88917eac
[pertinax, Sep 04 2021]
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<screenprint> I'll be saving this for later... |
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The new Bitcoin maybe? How do I get in on the ground floor? |
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I'd like to see a proposed growth chart with a question mark
indicating what that chart line represents. Question marks
on the X and Y lines as well. |
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I prefer vNFT which is a virtual NFT. The way it works is that it is exactly the same as a NFT except it doesn't use any of the blockchain apparatus and technical stuff that ordinary NFTs do. This makes it more exciting and trendy (blockchains are sooo last year) and also more environmentally friendly (blockchains burn through fossil fuels). |
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So what does vNFT do? The answer is, it enables you the sucker to give me, the vNFT creator, shed loads of money in return for me giving you the vNFT. |
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Bidding on the vNFT for this annotation will open tomorrow. The starting bid is £5,000. Place your bids quickly as this one is going to the moon! |
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Hints of: fungi, gullible, fund, grunge
Sponge, Fun! |
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[Frankx] brilliant! The marketing tag line will be
“This puts the fungi into non-fungible!” |
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//for some reason no one understands// |
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The reason is money laundering. |
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HB tagline: "Puts the fungi into fungible" |
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<Sgt hides under desk, avoiding Bunned, James Bunned> |
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Wonder who's going to generate the world's first
NFT Ponzi scheme? |
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[xenzag]; I think that ship has sailed... isn't the whole point
to get more money from the next sucker? |
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I knew I shouldn't have listened to that MFT salesman. |
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No, technically this is not a ponzi scheme; that is when you give me money in return for my promise to give you more back later, but my only source for acquiring the more, is to get other suckers to give me their money on the same deal, i.e. that my liabilities inevitably grow faster than my income. |
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This is a simpler scam but I don't know what it's called. This one is where you give me your money and I give you something worthless in return. |
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The NFT Ponzi does depend on you duplicating it
and selling it, but you can only duplicate it by
placing it inside another NFT [Hippo's idea] The
cost of this goes into the blockchain but you get
that back when 2 more duplicates are made and
fed in. As this expands, the ones at the top of the
pyramid rake in the inputs of those below. I have it
all worked out and I'm going to get it made into an
NTF.... |
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{Sgt]...//Bunned, James Bunned// |
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HA! Nearly a coffee/keyboard incident there! |
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The National Film Theatre are delighted (see link). |
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