/biz/ - Business & Finance

[Anonymous No.53306201]

Why hasn't /biz/ coordinated around a cool NFT project? 4chan has always been the source of a significant portion of memes and culture - so an NFT project seems to be a good fit for the board.

[Anonymous No.53306218]

>>53306201
/biz/ missed NFT's last year and they will this year.
They don't understand them

[Anonymous No.53306237]

>>53306201
too much work, we prefer to just hold bags, sit around and FUD our own investments.

[Anonymous No.53306249]

>>53306218
/biz/ understands scams, it's been swimming in them for years. NFT's are so fucking obvious no one is intrigued.

[Anonymous No.53306254]

>>53306249
You will hate the next decade my guy

[Anonymous No.53306268]

>>53306201
I can make the website and some basic solidity.

[Anonymous No.53306272]

>>53306201
too many people on here just dont get them yet
kind of bullish for nfts.
most biztards would rather keep bagholding 2017 scams like link and rlc

[Anonymous No.53306278]

>>53306201
there's already a few cadres of biztards who run nft scams, they're recognizable by the way they type and how they shill

[Anonymous No.53306305]

I'm like 95% done with my most recent project. too lazy to make the final deployment to polygon, find a way to market it, blah blah blah
ill have to finish up this week, might make a thread then too
you guys can try it on goerli for now if you want, let me know what you think
https://magicoracle.link/

if you need some goerli eth go here:
https://goerlifaucet.com

[Anonymous No.53306319]

While you piss around with NFTs, you’ll miss on PepePal like half of biz. You’ll also miss out on Bakemono.

NFTs are a greater scam than shitcoins.

[Anonymous No.53306384]

>>53306201
Go look on Opensea and tell me how many pepe, bobo, mumu, hell even doge collections there are.
We don't need to coordinate around one because we created their culture. All of it comes from us. We permeated the entire NFT space, before it even got off the ground.

[Anonymous No.53306392]

>>53306237
The coordination around link also took alot of effort and conviction but it paid off. With NFTs, you need to be less technical, and instead drill on something captivating and unique - a 4chan specialty imo.

>>53306319
If you like shitcoins, you should try to appreciate NFTs. One way to think of them is that they are just shitcoins but with pictures, but with a lot less smokes-and-mirrors. Some do crescendo to become something bigger - eg cryptopunks, miladys, penguins etc.

[Anonymous No.53306413]

>>53306249
NFTs actually replace the shitcoin casino because they are higher effort to create and deliver on + more difficult to rug (and of course more fun to trade). If you couldn't intuit this on your own you are quite literally never going to make it

[Anonymous No.53306436]

>>53306201
>He doesn't know about Milady

[Anonymous No.53306470]

>>53306201
>4chan has always been the source of a significant portion of memes and culture
Hasn't been true for a few years. Almost every single new meme is just a Pepe or Wojak variant. 4chan has been creatively bankrupt for a long time.

[Anonymous No.53306489]

>>53306384
This is true - but /biz/ never originated a successful project from those memes, nor financially benefited from them. The board can't just be stuck on Stinky Link forever - in fact biz had a negligible impact on the market during the last cycle, the market has gotten too big.

A really good NFT project would be a relatively small endeavor with a large asymmetric upside when it comes to cultural influence and financial reward.

[Anonymous No.53306508]

>>53306436
They were from 4chan iirc, but not biz

[Anonymous No.53306623]

>>53306508
milady is 4chan's spiritual successor

[Anonymous No.53306737]

>>53306392
>drill on something captivating and unique
Trump Digital Trading Cards

[Anonymous No.53306857]

>>53306201
NFT art is gay. Give us an actual use case for NFTs (which will never happen outside of your fantasies) then I'll invest

[Anonymous No.53306876]

>>53306305
FUCK YOU NIGGER ALL MY LINKIES ARE GONE NOW AAAAAAAAAAAAAAAAAA

[Anonymous No.53306897]

>>53306201
There were some indian fags who did these wojaxx pieces of shit NFT some months ago (and jannies trannies allowed, probably got a cut of rupees at the expense of retard anons who fell for the scam)

[Anonymous No.53307386]

>>53306201

[Anonymous No.53307834]

because 4chan is fucking dumb. they’re only good at shitting on things but never at praising them

look at redditors. they made a shit ton off of their NFTs all while minting them for free on Polygon
4chan on the other hand has nothing other then maybe Miladys

[Anonymous No.53308037]

I tried with one group of biztards, we had the artwork and contract pretty much done. We failed on marketing so it never worked out. I still have the art files on my pc

[Anonymous No.53308045]

>>53306201
Because “cool” and “NFT” don’t belong in the same sentence unless a “not” comes between them. These are the ugliest things I’ve laid my eyes on and I’m mad people made money on them

[Anonymous No.53308053]

>>53308045
*mad the same way Hollywood writers make money with their shitty, soul-destroying reboots.

[Anonymous No.53308082]

>>53306201
Because we do tangle assets here nigger
Crypto fags need to go to /x/ where they belong

[Anonymous No.53308096]

>>53306201
>He doesn't remember avax bros or avax coins

[Anonymous No.53308168]

I reckon biz would do well rallying behind monkey infinity on ICP

Cool Monke
Still cheap
30k Market Cap

less than 1icp to get in, and no creator fees!

if all you chuds get 1 now, we will easy 100x lol

[Anonymous No.53308482]

>>53306201
Milady's have been posted on biz for years anon

[Anonymous No.53308531]

>>53306436
Milady is some twitter faggot ripping off our memes. Don’t get it twisted

[Anonymous No.53308623]

>>53306249
Nft’s are still relatively a new thing, there will be a second bullrun for nft’s. Biz will miss out

[Anonymous No.53308635]

>>53306413
High iq post.

[Anonymous No.53308650]

>>53306201
The Pepe NFT market is already saturated.

[Anonymous No.53309353]

>>53306201
we have its called SPANKS

[Anonymous No.53309427]

>>53306218
>On board all day to spam first post replied about how people who use /biz/ are stupid
No, you're stupid!

[Anonymous No.53309678]

ai replicated 'art' is going to make NFTs even faker and gayer

[Anonymous No.53309741]

>>53306201
It won't be easy to work together for one here at Biz, but NFTs are definitely set to bring mass adoption and people into o the space. I've soon good incentives on them too, like the Seekers which would be used as nodes on a decentralised network while users earn rewards

[Anonymous No.53309781]

>>53306857
Art is art. NFTs are just a way of proving digital ownership on a blockchain, the utility of art and collectiblde is itself, and is rooted ultimately on speculation for a future cultural/influential premium.

[Anonymous No.53309840]

>>53308037
Post them and let biz judge. Marketing is difficult and likely the highest hurdle, but if the art is unique and speaks to the lay cryptonative, the collection will speak for itself.

>>53308168
>ICP
All eyes are on Eth and evm l2s

[Anonymous No.53309861]

>>53308053
Art is subjective, and its quality isn't really relevant to the value proposition of NFTs. There are some cool looking NFT projects, like Azuki, Forgotten Runes, Rare Pepes (Matt Furie), Artblocks like Fidenzas, Apparitions, Chimeras - with the sheer variety, you are bound to like at least one collection.

[Anonymous No.53310494]

>>53306268
Name a few you have done in the last few months before i believe you
>>53306857
>Give us an actual use case for NFTs
most of them are utility tokens, and can also be used for gaming applications as far as I know.
>>53309861
i know azuki, it's a bit popular and moving fast, and Skyjack NFT from holoride, a droid in the cloudbreakers game.

[Anonymous No.53310795]

>>53308482
>for years
You mean since last year.

[Anonymous No.53310810]

>>53306413
NFTs can't replace shitcoin volumes because they're paywalled by 100x the gas fees

[Anonymous No.53311415]

>>53309840

[Anonymous No.53311448]

>>53310494
Deployed only 1 dapp, reached 15k mcap, just your average bsc shitcoin when the terra luna fiasco was.
Rest isnt remotely related to crypto. Am working on a godot game with flow nft integrations, but thats a long way yet
https://netherworld.vercel.app/

[Anonymous No.53311510]

>>53306201
given that many people here have a decade plus experience of staring at images all day and seeing which ones become viral memes and which ones dont it should be extremely easy if youre not retarded

[Anonymous No.53312017]

>>53310810
>What are L2s
Everyone is launching on Polygon nowadays

[Anonymous No.53312342]

>>53306201
this is a fake community

[Anonymous No.53313309]

because its shit. nft as art is the most retarded way to use the tech. I have found 1 dapp that uses nfts somewhat okay, and they still tr to appeal to retards with there art shit

[Anonymous No.53313588]

>>53313309
Art is art. The NFT is there to track ownership of the art. There is shit art, there is good art, buy the good ones low and sell em high. Its the best pmf in crypto since bitcoin, anon.

[Anonymous No.53314462]

It's almost impossible on /biz/ to successfully recommend a NFT project due to their brilliant tech and strategy, most people still don't understand the difference between "jpg profile pic" and dynamic on-chain container L2 DAO NFTs in interoperable metaverse gaming economies.

[Anonymous No.53314562]

>>53313309
Uniswap uses nft to track lp position

[Anonymous No.53314626]

>>53306201
I had NFT's stolen from me via a malicious contract the other day, worth around $100k. Fucking gutted. It's my own fault and I take full responsibility for signing, but I was duped by a fraudulent airdrop website. There are so many scammers in the space you gotta be careful. Scammers will create entire websites emulating legit projects and it catches people out.
https://twitter.com/NFT_GOD/status/1614442000958324739

[Anonymous No.53315130]

>>53306218
I don't understand them either. Can you explain them to me or point me to someone who will?

[Anonymous No.53315207]

>>53315130
What do you understand.
As a first approximation, think of them as blockchain based (i.e. persistent and transferable (and thus tradable)) license/subscription/ticket.
People who issue the license (NFT) can grant the address holder permission/airdrop/access rights, etc.

[Anonymous No.53315215]

So I have never bought an NFT but isn't the risk of bagholding to zero much higher? Ok, you bought some monkey with a banana up its ass for 1 ETH. Now you have to find someone who will buy this back for 2 ETH despite there being 100s of monkeys on the market. What do?

[Anonymous No.53315261]

>>53314462
>interoperable metaverse gaming economies
name one that functions, we have seen a lot of scam trying to sell themselves as jpeg with nothing behind them
remember egld

>>53315207
yes and this is very functional for the operator of whatever needs a ticket, but since nfts are non fungible that means all the current nfts go to zero and the nft deployed by the operator takes all the profit
this is the exact anti thesis to the value proposition of btc, here new players can create a new thing and take most of the value
early investors cant profit of nfts, only real programmers or media copyright holders and since biz is the first and none of the latter nfts were ignored

but by all means play the shitjpeg casino like the shitcoin casino thinking you are high iq
a few make it, most lose it all

[Anonymous No.53315325]

>>53306201
because biz doesnt have any originality and every collection they make involves a pepe variant

[Anonymous No.53315337]

>>53306201
NFT projects sound like a cool little idea for fun, but not for making any kind of money or purpose. They don't really serve any. They're like collectable cards which are niche, so you have a niche of a niche, essentially.
Also, /biz/ as a board is not even close to a "community" and therefore cannot pull off some kind of project like this. Half the people here don't understand the market, don't understand computers, don't understand graphic design nor know nothing about art or drawing, so this thing is pretty much dead in the water.
In fact I swear most posts here are bot-tier advertising shit just trying to bait others onto their new shitcoin, it'll quickly turn into a bitter argument over what to use, when, how to mint, etc.

[Anonymous No.53315372]

>>53315215
Yes, it's a wrapper around ETH that makes it even more volitile.
If you list at floor price, it will be bought soon enough. It's harder to sell than a fungible crypto, but that's not the biggest deal. A bigger deal is higher trading fees. Bored Apes have a volume of about 4 per day, but not too many have 80 ETH to trade, so that's not the benchmark

[Anonymous No.53315531]

>>53315207
I guess I get the gist of what they are, but I don't get why it matters. What does the technology accomplish that people should give a shit about that something else doesn't already do.

[Anonymous No.53315685]

>>53315531
You got one platform (say Ethereum or one of its sidechains) on which you can buy (and resell) a Financial Times subscription (granting you article access) as well as a firesword in a world of warcraft game. It's really the same thing, some common standard ownable token.
I won't oversell it, but it seems to work and, assuming tx fees are managed, will enevitably take off. Not that I think 70 ETH token will be the standard price, that wouldn't work with normies. Apes are the "bugattis" of NFT's, the first thing that got famous

[Anonymous No.53315792]

>>53306201
Milady has deep 4chan roots

[Anonymous No.53316265]

>>53310810
I think this is only affecting the NFTs on the Ethereum network, it's basically low on polygon and Elrond coz I got most of my collections there.

[Anonymous No.53316295]

>>53315337
>NFT projects sound like a cool little idea for fun, but not for making any kind of money or purpose.
You're wrong new fag

[Anonymous No.53316311]

>>53315325
This got me laughing out loud

[Anonymous No.53316325]

>>53314562
Spoonfeed me

[Anonymous No.53316352]

>>53306201
Because /biz/ has scammers that make pajeets look like good boys
You retards think that if the dev is white you magically can trust him

[Anonymous No.53316373]

>>53306272
>kind of bullish for nfts
Same here
>too many people on here just dont get them yet
And they aren't willing to make google their fren to know more

[Anonymous No.53316399]

>>53316295
I mean, if you're actually being serious about NFT projects with some kind of purpose then you could use them for something fun, but I couldn't imagine any use of them that would be worth selling.
Then again I'm not into scams.

[Anonymous No.53316470]

>>53306201
No one here can art, unfortunately. And even AI art didn't really change that. Best we can do is memery. And /g/ won't help us with anything more technically-demanding.
Look up the times /v/ tried to make a game or /3/ tried to do a collab. Always a mess. The most successful, truly collaborative 4chan project that I can think of are the /a/ and /m/ Sings projects and even those are defunct.

[Anonymous No.53316539]

>>53316265
You got it, i got both giant and cloudbreaker on Elrond, coz the Blockchain itself is fast with a very minimal charges
i only transact on the eth network either very early in the morning or late at night when there is less demand on the network "if I have the need to transact there".

[Anonymous No.53316591]

>>53306201
Don't expect the NFTs as usual until metaNFTs such as that of Nexera protocol to gain widespread adoption since they ensure security and self custody on crypto assets.

[Anonymous No.53316848]

nfts are just scams and so are ico and other shitcoins, which in reality NO different than any other crypto including bitcoin it's just ALL SHIT

[Anonymous No.53317468]

>>53315261
based clan structured family enjoyer
take notes anon and see how you can solve this mess for the future

[Anonymous No.53317492]

>>53317468
wrong thread, my bad

[Anonymous No.53318257]

>>53316848
Bogohomo blarbing shit. Nexera protocol is more than the entire experience you've had in finance.

[Anonymous No.53318284]

>>53306201
NFT's are still new and /biz/ is outside the curve. I doubt /biz/ is even aware of everything that's happened in the NFT ecosystem.
NFT's are a true man's game since they're essentially triple leveraged - an NFT follows the NFT market. The NFT market follows ETH/BTC. ETH/BTC follows the stock market.

[Anonymous No.53319592]

>>53313588
the "art" is the equivalent of steam game cards. worth between $0.00001 and $0.00002. Yes you can double your money

[Anonymous No.53320217]

>>53306201
Dunno why they haven't coordinated around CryptoStykz, it's the only non-scam out there. You get free NFTs just for existing in the server.

[Anonymous No.53320787]

>>53319592
Its easy to observe there is a market that exists for trading NFTs as art, ranging from cents to millions. This simple fact already counters your claim. Value is subjective, and I'm sorry you don't get it.

Also you dont own Steam Cards, everything in steam including games are owned by Valve, you only have license to use them.

[Anonymous No.53320798]

>>53314626
>its another ape
its tradition at this point

[Anonymous No.53321009]

>>53315130
NFTs, specifically those made for art and collectibles, is simply a way to imbue digital scarcity through blockchain-based ownership tracking. What does this accomplish?
>you can prove ownership of NFT.XYZ (an arbitrary nft) easily by proving control over the address which contains it. This is untamperable, fully transparent, and trivially provable by a third-party. This is why right-click savers dont get it - sure you have a low-quality copy, but the "title" to the said art stays with the NFT holder AND that cannot be copied, despite its digital nature.
>The first point has ushered in a "gold-rush" of speculation. Coupled with the hyper-financialized nature of all things in crypto, the illiquidity of collections (as compared to coins), and the low quantity and hard cap on the most sought after collections has resulted in some tasty gains for early adopters only rivaled by the best performing coins.

A thread which should enlighten you more:
https://twitter.com/punk6529/status/1452797543478448129?t=CuI5r7UKiw2u8oqIFIk-Ww&s=19

>>53316470
/v/ has katawa shoujo

>>53316848
Hi boomer, you screaming at it as a scam doesnt change what the market thinks of it. Painful to think you have been looking at it at the sidelines when it existed for a decade and kept chugging and going higher.

[Anonymous No.53321508]

>>53306201
I made numerati like 2 years ago (numerati dot eth dot limo, with kino $10k-in-AWS-charges-brute-forced-contract-address 0x12345678910F9DE260D08f4e179103CE14cFD8eb), and shill it here every few months. I consider it the purest form of NFT, and think the idea could have legs if I wasn't so lazy about building/marketing it. One day, bros....

[Anonymous No.53322671]

>>53306857
NFTs are useful for token gating discords where people call the next NFTs that are going to pump.

[Anonymous No.53322761]

>>53316265
Asides the low gas fees on Elrond Network, their NFTs also have good utility like the cloudbreakers which gives users access to draws and the right to personalize their in-car metaverse experience

[Anonymous No.53322922]

oh you mean like reddit did with polygon nfts? that now has over 6 mil unique holders?

[Anonymous No.53322970]

>>53313309
Agreed, the few bluechip art nft’s will always be big and could easily get even bigger but the next nft bullrun will be in utility. My guess is gaming nft’s. All it takes is one game that normies enjoy and then normies will accept nft’s

[Anonymous No.53323835]

>>53315261
>name one that functions

The lack of users and revenue is a far bigger problem than the technical difficulties at this point. It's pretty hard to have an enjoyable economy with only 20 active users in a metaverse, but the profit opportunities would look fundamentally more exciting with 20k/200k/2m daily participants.

[Anonymous No.53323935]

>>53306319
Only poor faqs still have the fucking notion that nfts are a scam.
Most NFTs serve as a seamless connection between web2 and web3 by being used to manage access control for off-chain APIs.
Not all NFTs are scam, you motherfucker

[sage No.53324020]

>shilling NFTs as art
OP is a huge faggot and probably soing it on purpose. art is by far the gayest and most pointless use of NFT tech there is. It will be a real game chsnger as proof of digital ownership of digital content. Digital copies of video games, movies, music to name a few. Not to mention custom items in games, and also vr bullshit. They could potentially absolutely be used for real life products too. NFT to prove your nike shoes arent knockoffs. NFTs as the deed to your house. NFTs as shares of a company. The possibilities truly are endless.

[Anonymous No.53324059]

>>53320798
>its another ape
nope

[Anonymous No.53324314]

>>53306857
Wake up from slumber, kek
The space has evolved, the likes of Ore Active NFTs serve as a bridge between web2 & web3, and it's used to access off-chain APIs, what other utilities are you seeking for?

[Anonymous No.53324574]

>>53324020
Tying NFTs to real world assets is difficult to do. Its nice to think about but there arent yet any concrete solutions, it is a possibility though. There are meant levels of regulation, abstraction and middlemen which would complicate the process.
NFTs are best fit for strictly digital assets which are non-scarce and hard to prove ownership of otherwise, ie art and collectibles.

[Anonymous No.53325069]

>>53323935
Hearing this for the first time, which shitty NFT does all this pajeet?

[Anonymous No.53325169]

>>53321508
>brute-forced-contract-address
Isn't this exposed to the same low-entropy issue that several EOAs got jacked for?
https://medium.com/coinmonks/the-profanity-address-hack-how-are-vanity-addresses-generated-cce40ba5ed39

[Anonymous No.53325443]

>>53306201
We did with ethnojis

[Anonymous No.53325478]

yep... Milady is the one...get in b4 too late anon

[Anonymous No.53325527]

>>53306201
>Why hasn't /biz/ coordinated around a cool NFT project?
look at the replies you're getting
50+ pajeets and normalfags trying to shill their scam
there is ONE (1) legitimate pro-NFT reply in here
>>53307386
then other organic anons, understandably against it
>>53308045
>>53308053
but for the most part it's mostly people who don't belong here
how do you coordinate something real when 90% of the posters are bots or subhumans?

[Anonymous No.53325590]

>>53306470
I think it's more of a problem of it not being reported back to the wide internet rather than 4chan losing creative juices. It's more of a problem of people refusing to spread the jokes.

[Anonymous No.53326771]

I own six BAYC and two cryptopunks and I'm down several thousand dollars, but I think things will explode again this year. I would love to one day own a Beeple or Pak, but sadly, unless my circumstances change drastically I think this will always be nothing but a dream.

[Anonymous No.53327771]

>>53326771
How liquid are you outside of your bayc/punks? Beeple has a lot of relatively affordable pieces and Pak... I dont get Pak

[Anonymous No.53328964]

>>53306201
because NFTs are pure normieland. biz autismos care only about muh tech and not about muh social flexxing on the intrawebs. its like missing on instagram because u just wanna use irc instead.