AlexChesser
commented
3 years ago follow on story: how NFT chaining works (as far as I can tell)
(ref) https://consensys.net/blog/blockchain-explained/can-nfts-crack-royalties-and-give-more-value-to-artists/ // TODO
follow on story: ask the question could this help address global income inequality?
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follow on story: on the nature of currency and the brilliance of Rai stones.
(ref) https://en.wikipedia.org/wiki/Rai_stones
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thesis:
The demographic of crypto investors include an incredible array of people. Within that demographic exists people who can imagine things through the lens of limitless possibility, they're willing to invest early in things that could potentially go nowhere. The ones who have won big in crypto are clearly in some ways among the most YOLO of the YOLO investors.
I think the world is still in the place where many people are still not clear on what crypto is, how it works, why anyone would pay $70 million for a JPEG, or Jack's first tweet, or John Clease's ownership deed to the brooklyn bridge!
Which is clearly why he let it go for a mere $50k ... the real one, which I own is worth way more than that. If you want it, it is yours, but I will need to demand fair value from you. Let me know if you want it and I can talk about finding a way to sell it to you. Maybe I wrap it in an NFT and we go from there....
ANYWAYS!
I'm trying to find a way that I can actually invest the time it takes into making this successful. How can we make this sustainable?
Maybe if I make a real pitch-deck and video laying out what I see as the realistic case and laying out each order-of-magnitude case which results in the business could growing to ~$170 billion someone will buy an NFT of the pitch deck and link to the video URL.
Or whatever.
First - I think the realistic case is realistic - I think the case that ends with "and then we buy youtube" is really entertaining and could probably be workshopped and adapted to be a sketch on silicon valley.
The pitch deck and video is happening anyways. It's too much fun to not share. What I'd love to get form the community is someone to help me figure out how to make an NFT and how to get a DOGE coin to do it with.
Why DOGE? Because in my experience it is the stupidest of all the coins... so it would be particularly fitting that the stupidest of all coins house the stupidest of all ideas!
It's genius! They'll go together like peanut butter and jelly.
I strongly believe that there are crypto investors who understand the value the sort of international headlines a single DOGE selling for $250k would have on the entire crypto market. Can you imagine the breathless reporters on cable news mugging for the camera or throwing to the weather person...
I've got an actual quote from the future here:
What a good day for bitcoin that would be.
Potentially, if I wrap the text of this article in the first NFT and sell it for whatever I can get, then submit a second NFT as the implementation of the plan, the buyer of the first, could get a royalty on the extension NFT, meaning the first buyer's cheap investment turns into a massive payday.
The real value in the 2 NFT model is granting the opportunity to clearly illustrate this feature and the power of the sample & extend feature of NFT tokens.
I'd need help on this one in a few places.