Zeneca
@zen
Want to feel some nostalgia / depression? Throwback to a Daily NFT Floor Price Update I did on Nov 30, 2021 Some highlights: - Punks at $363,433 - Apes at $213,303 - Cyberkongz Genesis at $367,612 - PUNKS Comic at $35,565 - Cool Cats at $34,187 - Gutter Cat Gang at $16,423 and... - Pudgy Penguins at $4,845 I think on the entire list (including the much longer version not shown in the screenshot), they're the only project trading at a higher price today than back then
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Garrett
@garrett
Do you think NFTs ever come back?
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Chris Carlson
@chrislarsc.eth
No https://warpcast.com/chrislarsc.eth/0xa056bd4e
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Garrett
@garrett
yeah i don’t think we’ll ever see it like it was but i do think NFTs will come back but not in the way they were back then
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Chris Carlson
@chrislarsc.eth
What does this new way of coming back look like? I don’t think it’s ever going to happen
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Luke
@lk
One new way of NFTs coming back looks like the tech being used to verify ownership over physical and/or digital assets, thus allowing for those assets to be traded far more easily and built-for freely (by those who didn’t issue the assets in the first place), among other things.
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Chris Carlson
@chrislarsc.eth
Depop, poshmark, therealreal, stockx, grailed. These businesses have already solved this problem for clothing. Authentication happens by humans, not by smart contract. What other types of assets do you think need this?
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Garrett
@garrett
I wouldn’t say these businesses have totally solved for authentication I also think hyped drops could be better served with onchain NFTs to provide access and prevent botting
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Luke
@lk
Lifecycle ownership tracking is a use case for NFTs in the clothing industry (see PBTs by Chiru Labs) right now actually. But to start, think less around authentication of the human, and more around the collectibles that a wallet address probably owns. Think of the applications in the worlds of video games where users can actually own their items, trade in real time, make them interoperable, and more. Think of how easy it would be to tokenize the deed to a home or the registration of a car and trade these real world assets that way. The use cases that emerge with the resurgence of NFTs will not be number go up - they will actually begin to display usefulness. I think ‘online clubs’ were a v0 poc for all that’s to come.
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