Andre even mentioned
This is going to 100m mcap
Andre even mentioned
This is going to 100m mcap
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blog.coinfund.io
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What does it even do
Why would I buy pre owned insurance from an off brand exchange instead of going straight to the source?
cheaper sir
Answer this.
its crypto kitties 2.0
aka fucking nothing
it rewards washtrading gifs
Fucking retard. People are going to be selling insurance now through the use of NFTs personally believe this is a 100 billion dollar industry itself.
yes, stay away, do not buy. What you want to do is wait a couple days until it is $20 and THEN fomo in. that's the biz way.
Why? Why should we educate you?
I need to accumulate
Scam
Biz didn't shill YFI hard enough and many missed out, at least this time biz is early so don't be lazy and take a moment to dyor, this a legitimate moonshot.
All I see is a bunch of useless gifs which you can buy
they wont be using rari, I know RBC is tokenizing real estate and they are using their own erc
token not needed
NFTs allow you to tokenize obligations (license rights, debt, insurance, etc.) it looks like they are crossing the chasm from "art" to more general purpose NFTs (here insurance on synthetic products)
that's 110 iq thinking. you should listen to the 15 iqs pajeets or the 150 iq aryans. the token represent a stake in the DAO. it has a tiny circulating supply, a high burn rate, and only gets airdropped if you use the marketplace. we're going to pass proposals that create weekly burns and reward the token holders with a share of the fees that are collected on the marketplace. it's a governance token that's in the early stage of becoming a BNB-like token essentially.
I don't know how to buy it.
oh no
Stop it please... I must accumulate, someone dump it, bog pls.
I figured it out. I bought some on Uniswap. The creating and selling a collectible thing on the site is so retarded I can't believe it's as easy as sell a jpg for 0.001 ETH or whatever. So people are just buying to get eligibility for the airdrops, right?
YOUR MUM
You can sell much more than art, eventually insurance, music, videos, any licensed content, royalties are programmed straight into the content itself so it's impossible to get a licensed product without the original owner receiving his fair share. I suggest reading this to get a better idea of the scope of NFTs:
blog.coinfund.io
>we can view NFTs as liquid intellectual property (“liquid IP”) [18] for all forms of digital content, a marketplace which is measured in trillions of units that is about to be tokenized.
>If NFTs are liquid IP, then holders will eventually own the property’s cash flows. This fact makes non-fungible tokens a financial asset class.
>purchasing an NFT will entitle the owner to certain rights related to its content: the right to own and keep; the right to sell, license, and lend; as well as the right to royalties, the right to confer reuse (i.e. “movie rights”), and so on
>taking a photograph of the Mona Lisa is not the same as actually owning Leonardo da Vinci’s masterpiece. You will not be able to charge 10.2 million yearly Louvre visitors an admission fee to see the print
how often do they get airdropped?
>People are going to be selling insurance now through the use of NFTs
WHY
WHY
WHY would anyone buy insurance from that fucking piece of shit when you can do it in 10 seconds from yearn or from nexus?
Can we flood Rari marketplace with /biz memes please?
>4.50 dip buy
On it but I'm waiting for this really long contract interaction that started more than an hour ago.
ok here we go, I got my bags filled so it only benefits me if you pick up a bag
NFTs are tokens unlike BTC or ETH where 1 ETH is always the same as any other ETH. An NFT is a token that is made to represent a given thing, opening up crypto and blockchain tech to a whole world of uses, ownership of all standard assets like stock certificated, properties etc. But the real disruption is for digital assets that until now have been taken advantage of. things such as music rights, art, videos, licences, automatic royalties, etc built in to the asset, IP, data can now all be owned in this form. These are some of the reasons NFTs are going to be big is that they are going to be a huge new 'killer app' of crypto.
Rarible is the NFT marketplace that is already up and running where you can mint your own NFTs, it started with just artworks which is a large marketplace in itself, but now they are adding new formats such as music and so on, then you have the fact that all of this is being made to interact with DeFi elements, insurance and any new innovations that are bound to occur. The Rari coin is the governance token that will decide the direction of the platform etc, and currently they incentivise use of the platform where they airdrop a certain amount to active buyers and sellers. The Rari coin also benefits from fees generated in proceeds on the marketplace so instead of it just being Amazon or Ebay etc, is is a decentralised marketplace
a paragraph of buzzwords, this shit is never going to be used
Honestly If you can't see the value from just Andre's tweets and going on the website, you deserve to fomo in after it gets shilled on youtube at 50M cap