The asset is more akin to a deed or a claim. Most NFTs are images hosted on S3 or IPFS. The blockchain entry is metadata with a pointer to the hosted asset.
all the NFTs I launched actually were fully onchain SVGs and CSS
tried to be the change I wanted to see
given where the concept actually found staying power (liquidity pools, instead of collectibles) it wholly needs a new name
“NFT” is distracting at this point, they should just called them 721-structs so people don’t get distracted by the fumbled poorly implemented art use case
The checksum of the asset is on the blockchain. the asset is somewhere else.
Hmm I thought the asset is the block chain entry because that's what you have the key to, that you can re-sell to someone else. It's like crypto, no?
The asset is more akin to a deed or a claim. Most NFTs are images hosted on S3 or IPFS. The blockchain entry is metadata with a pointer to the hosted asset.
All my apes gone.
Gone but not forgotten
all the NFTs I launched actually were fully onchain SVGs and CSS
tried to be the change I wanted to see
given where the concept actually found staying power (liquidity pools, instead of collectibles) it wholly needs a new name
“NFT” is distracting at this point, they should just called them 721-structs so people don’t get distracted by the fumbled poorly implemented art use case
Yeah, when we do NFT ticketing these days, we just say, "have your 1155 ready" with a link to explain what that means.
I still think it's pretty obvious that on sufficiently long time-scales that some variant of NFTs will be the winner for event tickets.
What advantage does blockchain ticketing hold over a centralized database of tickets?
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