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Topic	Crypto already going back up?
EyeWontBeFooled 05/14/22 2:39:37 PM #60:	HroHybridCards posted... Also, going back to NFTs, most people who don't know that much about NFTs picture dumb jpegs when they hear "NFT." But NFTs are a lot more than that. It's actually the underlying tech/smart contracts that are a big deal. For example, NFT smart contracts could make real estate agents/brokers obsolete some day: https://youtu.be/aYPiE3IsPIc Instead of buying a house, you could instead by "shares" that house by buying fractionalized NFTs for that house. For example, instead of spending $500k to buy a house, maybe you spend $100k to buy 1/5th of that house's NFTs. You now own 1/5th of that house. Every time whoever lives in that house makes a rent or mortgage payment, you get 1/5th of the profits. Etc. That's just one example of what NFT smart contracts can be used for. This is all speculative for now, but the underlying tech/smart contracts are what is getting people hyped about NFTs and web 3.0. We all have portions of fractions of houses? Sounds dumb. --- You really think this is a sig you're reading? <cite>EyeWontBeFooled posted [p:965033107] in Crypto alr... [t:80019280]...</cite> <quote>HroHybridCards posted... </cite> <quote>Also, going back to NFTs, most people who don't know that much about NFTs picture dumb jpegs when they hear "NFT." But NFTs are a lot more than that. It's actually the underlying tech/smart contracts that are a big deal. For example, NFT smart contracts could make real estate agents/brokers obsolete some day: https://youtu.be/aYPiE3IsPIc Instead of buying a house, you could instead by "shares" that house by buying fractionalized NFTs for that house. For example, instead of spending $500k to buy a house, maybe you spend $100k to buy 1/5th of that house's NFTs. You now own 1/5th of that house. Every time whoever lives in that house makes a rent or mortgage payment, you get 1/5th of the profits. Etc. That's just one example of what NFT smart contracts can be used for. This is all speculative for now, but the underlying tech/smart contracts are what is getting people hyped about NFTs and web 3.0.</quote>We all have portions of fractions of houses? Sounds dumb. --- You really think this is a sig you're reading?</quote> ... Copied to Clipboard!
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