[neuralzen]

Smart contracts can and do limit the amount which can be minted. And fraud exists everywhere, regardless of institutional controls - this is where community matters.

[extr]

But you can just make a new smart contract that does the same thing, no? Smart contracts themselves can just be copied.

And saying that the "community" will take care of the fraud issue - isn't this a step backwards?

[neuralzen]

Sure, but it has a different address...there is no possibility of confusion. Something from the 1950s is not going to be confused with something from the 1980s, especially with a blockchain timestamp.

[Igelau]

Funny how community came up in the article as one of the ways NFT is really just MLM...

[neuralzen]

Community comes up in every facet of life...what's your point here?