#nft
Web3 is going just great ... and is definitely not an enormous grift that's pouring lighter fluid on our already-smoldering planet.
source: https://web3isgoinggreat.com
If your house is on fire, you can still use the fire to have a barbecue :(
#crypto #fail #bitcoins #nft #ether #Blockchain #Ethereum #DeFi #cryptocurrency #terra #Tether #news #scam #crime
Could it be that NFTs were invented just to rip you off?
Former #OpenSea head of product charged with #NFT #insider #trading
This is the first time someone was charged for their involvement in what the #DOJ describes as a “Digital Asset Insider Trading #Scheme.”
#justice #crime #internet #crypto #art #fail #finance #money #news #cybercrime
The smaller trees, which elephants prefer to eat, have lower wood density, which is linked to a faster growth rate and higher mortality. The elephants' behaviour promotes the growth of slower growing trees that store more carbon in their trunks, says Berzaghi. The carbon storage capacity of trees mainly depends on their volume and wood density, although denser wood takes more resources and time to build, he adds.
Using the findings from Berzaghi's 2019 study, Chami valued the carbon capture services of each forest elephant at $1.75m (£1.33m), with the total value of the herd, restored to its former size of 1.2 million, worth an estimated $36bn (£27.5bn).
Others are taking the concept of an elephant's monetary value a step further. The startup Rebalance Earth aims to use Berzaghi's scientific findings and Chami's valuation to sell elephants' carbon capture potential to companies around the world. Building on the carbon offsetting market, which enables companies to offset their emissions by paying for tree planting or renewable energy projects elsewhere, Rebalance Earth has started selling ecosystem tokens which represent the carbon captured by each elephant. The entire transaction will be managed and monitored via private blockchain technology.
Aaarrggh FFS, why ?
Al Saqqaf argues that the "beauty" of a blockchain system is that each party has exactly the same access to information as any other. "As our platform expands we will be building an independent governance body and will be reviewing their role to verify transactions," he adds.
That... makes absolutely no sense. None at all. If you want people to give you money to save the elephants, use a damn credit card. You've just replaced one very simple (I have elephants, you give me money) with a very complicated one (I have elephants, you give bitcoin and I use that to generate a non-fungible token with which you can... err... be extra confident that I have elephants.... yeah, soooper useful !)
#Nature
#NFT
#Blockchain
#YetAnotherExampleOfPointlessTechnologiesThatShouldJustGoAwayAlreadyAndLetsConcentateOnTheDamnElephants
https://www.bbc.com/future/article/20220414-how-africas-forest-elephants-help-fight-climate-change
Einzigartiger Müll
NFTs schaffen künstliche Einzigartigkeit. Sie kommerzialisieren das Internet, frei nach dem Matthäus-Prinzip: Wer hat, dem wird gegeben. http://www.taz.de/Hype-um-Online-Zertifikate/!5857181/ #taz #tazgezwitscher #tageszeitung #NFT #Kunstmarkt #Kryptowährung
Dr. Parik Patel, BA, CFA, ACCA Esq. (drpatel.eth) auf Twitter: „The crypto market has bottomed https://t.co/WqdyxcvdS5“ / Twitter
This is wonderful!
#crypto #nft #music #parody
https://twitter.com/ParikPatelCFA/status/1525513298820710400
NFT sales plummet 92% as market ‘collapses’ | The Independent
Haha!
#nft
https://www.independent.co.uk/tech/nft-sales-elon-musk-b2071204.html
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#dapp #defi #blockchain #crypto #token #smartcontract #nft #binance #bsc #blockchaindevelopers #cryptotrading #cronos
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Bored Ape Yacht Club caused #Ethereum fees to soar to astronomical levels
source: https://mashable.com/article/ethereum-gas-fees-skyrocket-bored-ape-yacht-club-otherside-nft-launch
For example, one user purchased a $25 #NFT on Saturday evening. Their total price? $3,325. That's $3,300 just in fees.
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🔷 XP NETWORK Bridge ETH creates software tools that allow you to move your assets seamlessly and intuitively on Ethereum
#dapp #blockchain #crypto #bsc #smartcontract #nft #binance #ethereum #collectibles #eth #blockchaindevelopers #cryptotrading
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🔶 Attack Titan Crypto Game - a strategy game with tokens
🎮 Attack Titan Crypto Game — a logic strategy game about farming, PvP, ranking and earning a token, called $ATC on Binance.
#dapp #bsc #blockchainclub #cryptocurrencynews #token #smartcontract #binance #game #cryptoexchange #nft #gamefi
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Video: NFTs Are Legally Problematic
by LegalEagle ft. S. Mould & Coffeezilla
This video is very easy to understand.
Key points:
- NBA Top Shots - this great NFT scam proves who promises NFTs might just take the money and run away with no responsibility
- Bored Apes and the like - in reality are just links to public hosted images the buyer does not own
- Click-Wrap Agreements - an NFT is equivalent to an hyperlink and you can't own an hyperlink
- Smart Contracts - are programs and not necessarily real, valid contracts. They cannot be enforced
- Copyrights - NTFs do not replace the copyright law and do not give the buyer copyright right, just a license to use something which might change at any time!
- Art created by artificial intelligence - cannot be copyrighted as law says only humans can create "art", another extra reason Bored Apes and the like are not art and cannot be protected by law
- NFTs - are a market manipulation to sell fake art by creating artificial scarcity in the market and people who buy them are getting nothing but a limited license, there is absolutely no consumer protection
- IPFS - makes the scam worse as the destination resource of those ipfs links embedded in NFTs smart contracts can change at any time
Conclusion: a wise buyer should not invest in non-fungible tokens.
Tags: #nft #nfts #crypto #market #boredapes #legal #video #ipfs #bitcoin #btc #ethereum #smart-contract #scam #fraud #tutorial #nonfungibletokens
✨ RimSwap - an exchange with various features
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🔶 PISTON TOKEN - network with earnings through the game
🔥 PISTON TOKEN — a decentralized financial payment network that rebuilds the traditional payment stack on the Binance blockchain.
#dapp #nft #collectibles #eth #blockchaindevelopers #cryptotrading #ethereum #binance #bsc #polygon #game #matic
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The provider Digital #Pets has announced AI-controlled 3D dogs. They are to act as digital companions in the #Metaverse and function via #NFT #technology.
source: https://thedigitaldogs.co
💎 BanksyDAO Finance - a new generation farm
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