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How much of what you see in the NFT world is 'clearly valuable to large numbers of regular people' versus 'interesting and novel to people who enjoy tinkering with crypto tech'?

I started paying attention to crypto during 2017's ICO fever phase, and the hype-to-reality ratio of this latest AI wave over the last year feels much stronger than anything blockchain-related in the last five.




it’s the entertainment sector, who cares.

most of the bewilderment is about the size of the existing collectors market - which blockchain activity simply reveals due to its transparency - and everyone is mostly acting surprised that the collectors market exists, at any size, and has frictions whose NFT based solutions are of interest to collectors. By that standard, the answer to your question is “nearly all”? These collectors are not crypto enthusiasts, they don’t know anything about crypto technology, just a 5 step process of getting their wallet open and using one marketplace.


Oh I see, so it's kind of a hobbyist scene. I guess you could look at the past tense mentioning of NFTs as in relation to the general impact that was hyped, which was promised to be far greater and more widespread than "there's some collectors who are into it".

It's also interesting that a centralized marketplace and (I presume user-friendly and less secure) wallets for non-crypto folks is a no-no in other parts of cryptoland.




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