Comment Re: I always thought (Score 1) 137
it depends on the terms the nfts were sold for. Some projects retain rights, some distribute them to owners, some use creative commons or public domain.
it depends on the terms the nfts were sold for. Some projects retain rights, some distribute them to owners, some use creative commons or public domain.
Almost every nft collection is hosted on ipfs, not s3.
It was only mandatory while Opensea maintained a monopoly on liquidity. That was the case for most of the bubble. Once other options that didnt honor royalties popped up a race to the bottom began.
Correct.
- ERC-721 has a transferFrom() function so that people can move the NFT from one account to another.
- Opensea uses a smart contract called Seaport to put together a single transaction that calls transfer methods on the nft contract and the payment contract such that one cannot happen without the other.
- They also built in royalty functionality so some of the payment token can be sent to a different address (the creator generally).
- This all works fine while Opensea has first mover advantage and most of the liquidity.
- More exchanges open and choose not to honor royalties. Liquidity moves to them, money talks. Blur.io ends up with more volume than Opensea.
- Opensea ends up removing royalties to try and compete.
Technically, if you want a user to be able to freely transfer their NFT, you can't enforce royalties in a buy or sell function, as they just use transfer anyway.
Projects need to find real value accrual mechanisms if they want to succeed.
The answer is the you need to have a Transfer function, so that people can transfer NFTs to each other (or to their other accounts). You could also have a Sell function, but third parties could just use the Transfer function to bypass the Sell function.
So when Opensea had a monopoly on the market royalties worked fine. But as soon as another market that didn't respect royalties popped up (sudoswap I think) a lot of traders moved their liquidity there. Which lead to most NFT projects that purely relied on royalties dying a quick death. Race to the bottom, Moloch etc etc
not a lot to crash into out there is there?
As a cryptobro, I'd like to point out that this isn't a popular project in cryptoland.
Its a silicon valley enterprise, and the cap table shows it.
> list the star wars movies in chronological order
Here is the list of Star Wars movies in chronological order:
Episode I: The Phantom Menace (1999)
Episode II: Attack of the Clones (2002)
Episode III: Revenge of the Sith (2005)
Episode IV: A New Hope (1977)
Episode V: The Empire Strikes Back (1980)
Episode VI: Return of the Jedi (1983)
Episode VII: The Force Awakens (2015)
Episode VIII: The Last Jedi (2017)
Episode IX: The Rise of Skywalker (2019)
Rogue One: A Star Wars Story (2016)
Solo: A Star Wars Story (2018)
Please note that this list includes both the main saga episodes and the standalone films.
> now list them in order of release
Sure! Here is the list of Star Wars movies in order of release:
Episode IV: A New Hope (1977)
Episode V: The Empire Strikes Back (1980)
Episode VI: Return of the Jedi (1983)
Episode I: The Phantom Menace (1999)
Episode II: Attack of the Clones (2002)
Episode III: Revenge of the Sith (2005)
Episode VII: The Force Awakens (2015)
Rogue One: A Star Wars Story (2016)
Episode VIII: The Last Jedi (2017)
Solo: A Star Wars Story (2018)
Episode IX: The Rise of Skywalker (2019)
This list includes both the main saga episodes and the standalone films in the order they were released.
Its massively useful and can be directly used, but you should always fact check it, like you should any source.
Actually I'm not sure this matters because the battery cost $90 million in 2017, then saved $40m in 2018 and $116m in 2019.
I mean thats what chatgpt 4 can do with plugins. https://openai.com/blog/chatgp...
Its fucking awesome. Does half my work for me.
Check out the Netflix mobile app, the games are pretty good, no ads etc. I let my kids play them instead of the braindead stuff they find on the play store.
Aragon Court offers dispute resolution. It's interesting stuff.
We have people working on battery recycling, don't worry.
Can't wait to buy my limited edition Goatse
The use of money is all the advantage there is to having money. -- B. Franklin
