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Steve
@stevedv.eth
Being in crypto long enough there's good reason to doubt the idea of casts as Collectibles. It's been attempted several times but always by third parties, thus no true provenance, thus ripe for cringe moments like the attached image. Farcaster officially deploying the collectibles makes a big difference.
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niftytime
@niftytime.eth
Wdym by “no true provenance” ? The bids, including winners, are all onchain as is the original tweet itself too including the wallet signature approving the sale by the original tweet author Agree that FC natively rolling this out makes a big difference too Excited to see historical casts get surfaced and to see what the communities on here ascribe value too (and how much)
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Steve
@stevedv.eth
I guess I meant to say what's stopping one third party from forking another third party and having a new auction for the same post? You could argue there's a decentralized aspect to that model and let the market could decide who the real authority is, but without the official support of Twitter it didn't feel real.
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niftytime
@niftytime.eth
Yeah for the digital collectible itself hard to beat the founder + ceo’s onchain digital signature from a provenance perspective But now I see where you were coming from and yeah despite the Dorsey sale there, hard to depend on anything That risk is why we designed the mints to be so onchain. Those NFTweets will exist as long as the chain they were minted on exists. Shouldn’t matter if the minting platform is no longer in operation
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