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by roytries 1842 days ago
I don't understand how NFTs or blockchain in general helps in any way for this, or many other examples of this.

All an NFT is is an encrypted hyperlink in the blockchain. The hyperlink points to a resource on someone's server. I think people forget that the NFT doesn't store the real thing. All an NFT is is basically an encrypted DNS server with some ownership data attached to it.

Right now you could showcase your Fortnite trophy in SteamVR IFF Valve and EPIC decided to integrate this. Using regular boring techniques.

Blockchain doesn't make this easier in any way. All Valve could do is get what trophies you own from the blockchain. But they'd still have to integrate with that particular blockchain and with the systems from EPIC that host the actual thing.

Having a regular database/account system would be way more efficient and easy to use tbh. For example I can already showcase my Tweets on LinkedIn due to regular boring integration. Data from two different companies shared by establishing that I am the owner of both things via a regular old token. Data transferred via an API.

1 comments

> All an NFT is is an encrypted hyperlink in the blockchain.

So if someone moves urls around on the server or if the company goes bust, that link is dead.

Yep. I'm curious what while happen when the NBA decides it doesn't want to license its video clips to Top Shots anymore.
Most NFTs use IPFS for this reason.