New #NFT: Everybody needs a flyin’ Chikun
On sale: 2 LTC
Only 1 token(#1973)
Drop ur M address
1 Like
Nice…Yes we do. It ll come sooner that we can imagine
my only question is…whats to stop me from downloading this GIF and selling it on another bockchain?
Nothing @bakd247, the artwork itself is reproducible but the ownership is not. Just like tons of paper artwork, except the signature is digital.
Nothing stops u from dlow it. The same as opensea which is a central server. I did dlow a 1 ETH NFT from cryptopunks. There was no metadata embedded to it. Then reuploaded it to my account on opensea.
Only difference is that I upload my gif to IPFS with a local pin. Then included the IPFS URL file into the creation of the token. Gives kind of a certificate of authenticity; Withdraw is that if my node is offline link will be temporary dead till i turn it back on
A marketplace is badly needed
The filesystem is not distributed?
As of now no…I would need to pay a third party node if i understood…this is far from being flawless and perfect in term of sales and consensus. That y I insist on saying that a marketplace is badly needed.
My intent is to promote Omnilite. Make ppl aware that NFTs are coming to LTC blockchain or that they will be able to switch from ETH, SOL to create their NFTs
Yes, Omni is being eclipsed on LTC community.
I know that part…thats the problem I have with NFT’s…
the NFT is not a digital asset itself…
hence the name “non-fungible”
I think ill just make some tokens on OMNI and sell those or something instead…
NFT transactions make more sense to verify trades between blockchains in my opinion than they ever will to prove ownership of a non-digital item
There was a hype at the beginning in the twitter community. I sold one and few others did too…but it has faded a bit due to the lack of marketplace, royalties we cannot include yet from the console. Also, a confusion or doubt on what an NFT really is like @bakd247 mentioned
All the account I know are really thrilled about Omnilite
I think Omni and NFTs are very promising whether or not they prove ownership
1 Like