Comment by protocolture
11 hours ago
>I wonder if these are the same people who 3-4 years ago were insisting putting 20 characters onto a blockchain (ie an NFT, which was just a URL) was the next multi-billion dollar business.
NFT protocol doesnt really care what the payload is. NFT purveyors likewise dont care what their payload is, as long as they could use the term "NFT".
NFT's are great for certain use cases (Crypto Kitties is still around I believe) but there was never a single moment I considered that owning a weird ape jpeg, even if it was somehow, properly owned by me, would be worth millions of dollars or whatever. Its like trying to sell a "TCP".
That said, future blockchain applications will probably still rely on NFT's in some fashion. Just not the protocol as product weirdness we got for a few years there.
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