this post was submitted on 15 Apr 2025
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That implementation of NFTs was a total scam, yes. There are some cool potential applications for NFTs ... but mostly it was a solution looking for a problem. Even situations where it could be useful - like tracking ownership of things like concert tickets - weren't going to fly, because the companies don't want to relinquish control of the second-hand marketplace. They don't get their cut that way.