this post was submitted on 17 Jul 2023
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New Communities

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A place to post new communities all over Lemmy for discovery and promotion.

Rules

The rules may be more established as time goes on, but it's important to have a foundation to work on.

1. Follow the rules of Lemmy.world - These rules are the same as Mastodon.world's rules, which can be found here.

2. Include a community title and description in your post title. - A following example of this would be New Communities - A place to post new communities all over Lemmy for discovery and promotion.

3. Follow the formatting. - The formatting as included below is important for people getting universal links across Lemmy as easily as possible.

Formatting

Please include this following format in your post:

[link text](/c/[email protected])

This provides a link that should work across instances, but in some cases it won't

You should also include either:

[email protected]

or instance.com/c/community

FAQ:

Q: Why do I get a 404?

A: At least one user in an instance needs to search for a community before it gets fetched. Searching for the community will bring it into the instance and it will fetch a few of the most recent posts without comments. If a user is subscribed to a community, then all of the future posts and interactions are now in-sync.

Q: When I try to create a post, the circle just spins forever. Why is that?

A: This is a current known issue with large communities. Sometimes it does get posted, but just continues spinning, but sometimes it doesn't get posted and continues spinning. If it doesn't actually get posted, the best thing to do is try later. However, only some people seem to be having this problem at the moment.

Image Attribution:

Fahmi, CC BY 4.0 https://creativecommons.org/licenses/by/4.0, via Wikimedia Commons

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[–] [email protected] 10 points 1 year ago (10 children)

So this is what I've never heard, is when have nfts actually been used? Like it's too inefficient/expensive to store large amounts of data, so what is it good for?

[–] [email protected] 0 points 1 year ago (8 children)

All an NFT is, is a way to prove ownership of a digital good. Think of an NFT not being the item itself, but a receipt that you can use to prove you own said item. You’re probably only familiar with this concept being applied to images, but that’s just one application.

NFTs function very similarly to cryptocurrency with one notable exception, they are not fungible. If we both have a bitcoin and decide to trade them, we both end up with what we started because bitcoins (much like any currency) are fungible. NFTs represent unique items, so they can’t all be treated as equals. That’s all an NFT is at its core, a digital proof of ownership of an item that is unique.

This is my go to example for an alternative use case for NFTs:

You know how Ticketmaster sucks right? Imagine if instead of buying tickets through TicketMaster you bought them directly from artists/venues as an NFT. At the gate you can show that you have the NFT in your wallet which proves that you own the ticket. Instead of Ticketmaster taking a massive cut, you pay a (comparatively) much smaller fee to the decentralized network that processed your transaction, and the entirety of the price of the ticket goes to the venue/artist.

I find that people frequently hate on NFTs because they don’t understand how truly generalized of a concept it is. There are so many ways this technology could be applied, but it’s so new! It takes time for people to conceptualize, develop, and implement this stuff. And with decentralization at the heart, it usually has to happen without a major corporation backing development. So be patient, have an open mind, and know that even I think bored ape NFTs are dumb as fuck

Source: ex /r/CryptoCurrency mod 😛 Happy to chat more about it if you’re curious!

[–] [email protected] 12 points 1 year ago (7 children)

Why can't I buy that ticket directly from the artist/venue? Why do I need the receipt?

[–] [email protected] 10 points 1 year ago (2 children)

Exactly.

All the people defending NFTs are ignoring the problem that they are still a very inefficient way to handle the proposed usecases.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

Tickets and receipts are interchangeable. It is an item that shows proof of ownership.

Artists and venues are not capable of building their own ticketing and distribution platforms, which is why companies like Ticketmaster exist in the first place and come with exorbitant fees.

I, as an individual with no funding whatsoever, can create NFTs that could act as tickets to an event while guaranteeing that the tickets can’t be forged.

I honestly do not see how it’s inefficient. The cost is incredibly low. The network almost all NFTs use (Ethereum) has reduced its energy consumption by 99.99% since switching to PoW. From an end-user perspective it would be no different than purchasing a ticket from any other digital storefront. Paying $25 in fees on a $50 ticket is inefficient. Every venue building their own ticketing system is inefficient.

I feel like so many people think I’m some crypto maximalist when I talk about how NFTs are not entirely stupid. NFTs are such a general idea it makes no sense to say that they have no valid use cases unless you believe that all decentralized networks (including the fediverse) are dumb.

[–] [email protected] 1 points 1 year ago

Ok, you are now ready to destroy ticketmaster. Following you for cheap tickets.

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