Thread. To outsiders and non-NFTers, this #NFT mania might feel toppy. Football players and actors shilling #NFTs has to be a sign of the end times, right?
But when you consider that an NFT is "any data", the world becomes much more interesting.
Collectibles and tickets are obvious, sure, but if you take NFTs a little bit further than movies and images, you end up with a wonderfully composable world of NFT legos.
It becomes obvious that you can kick a LOT of middlemen out of your life.
For example...
A utility bill can be an NFT. Paying it can be an NFT itself, which is sent into the utility bill as proof of payment. This is possible with @RmrkApp's nested NFTs.
A house mortgage or a car slip can be an NFT, only now you can sell them globally, to anyone, anywhere in the world, and even use them to take out loans (there's legal backing for this globally now). theverge.com/2021/4/16/2238…
A song can be a collaborative NFT where you mint a single empty music sheet NFT and people send NFT notes into it, democratically deciding which one goes where. The end result: a collaborative composition that shares royalties with all contributors. Also a @RmrkApp thing.
Taking audio further, a podcast can be turned into an NFT instantly when recording finishes, and users can then mint soundbites from it as separate NFTs that pay royalties to the original podcaster. This has the added benefit of audio provenance (anti-deepfake). Also @RmrkApp.
But also, how cool would it be to collect all the instances in all the podcasts when @joerogan said "That's crazy"?
Video games, an industry bigger than music, sports, and Hollywood combined, can now give players true ownership, but also inventory compositions and community-governance over inventory loadouts of characters. Just one prototype coming up: url.rmrk.app/demobird
With chain-specific augmentations on top of a shared standard, you can take things even further:
- open a prediction market on @ZeitgeistPM on how many times @joerogan will say "DMT" in a recording
- winner takes his prediction market win NFT to @KaruraNetwork to take out a loan
Multi resource NFTs are also world-shatteringly awesome. An ebook NFT that has a resource that's an audio file, a resource that's a PDF, and one that is a cover image, loads a different resource depending on context (@audible_com vs @RmrkApp singular vs @opensea respectively)
Being able to send reactions to NFTs as part of a standard is not only a fun gamification mechanic, it is an excellent value discovery method: no need to put something up for sale to learn if it's relatively more valuable than another NFT. If people are reacting to it, it's clear
And if you bring in conditional rendering, i.e. responses to outside input, you can have NFTs evolve. Show a special code during a part of a day, or make Mona Lisa sassy when you send her 50 ☝ emoji. Also a @RmrkApp thing.
If you then put all these NFT legos together, you can compose an NFT system of arbitrary complexity, creating something as awesome as this...
NFTs are young but already ripe for a disruption. That's why at @RmrkApp we decided to innovate hard, ship fast, and experiment on the chaos-driven @kusamanetwork. If you want to learn more, hit the header links at rmrk.app. See you soon in one of many metaverses!
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Then consider @OpenAI chatgpt + all the other AI experiments.
And extrapolate...
Consider the fact that most games today are the EXACT SAME GAME just retextured (Tsushima = Spiderman = Prototype = Tomb Raider = God of War = Batman games...), and the only thing setting them apart is STORY...
Consider that midjourney and stablediffusion as already widely available tools can generate art to rival the best concept artists, and there's dozens more not even available to the public that go beyond just being API wrappers.
But how does playing with NFTs forward that in any way?
A supermegathread 🧵
In 2022's dystopia of censorship, political futility, algorithmic redirection of thought and attention, and proven mainstream lies from our feudal overlords for which no one answers, it is more important than ever to be able to say NO and exit their system.
All of us - some luckier than others - were born into a system the "Terms and Conditions" of which we did not agree to.
Taxes we do not agree with. Health policies that harm us and our loved ones to profit those in charge. Systems of education designed to keep the status quo.
I got a few DMs asking me how to become a web3 tech writer since I posted the tweet below.
The answer, as with most things in life, is mileage. Just write, and eventually you become good if you are open to feedback. But let's break it down into meaningful units.
There are 4 main types of tech content. They're very different and can be further broken down, but in general this is what you care about as a tech writer.
1. Guides or Tutorials
Guide a user from A to B with easy to follow reproducible steps.
2. API docs. These document access to APIs, calls you can do, returns you get, and are generally meant for end-developer integration with your protocol or dapp.
As a recap, the @RmrkApp protocol is a set of NFT legos that elevates NFTs beyond expensive links to images that just gather dust post initial release hype.
The legos were originally described in this thread (recommended read):
One of the fundamental building blocks of RMRK, the core of our very core pallet, is multi-resource and nested NFTs.
By using this XCM format, which only caters for the most basic of NFTs (links to media) as present on Statemine (see url.rmrk.app/wenwenwen), we lose this info.
This means your multi-resource, nested, equippable, reactive NFTs become dumbed down single-image representations of themselves when you move them around.
This is not what we want.
RMRK is about seamless teleportation of non-fungibles across chains. FULL non fungible assets.