[Jyaif]

I think you underestimate how important bragging rights are. That's the reason people purchase Rolex watches! And because you can't show off your Rolex watch in the online world, instead you'll use an NFT as a profil pic.

I think it's hard for people that don't care about bragging rights / status symbols to understand NFTs. Conversely, I think that status symbols are a very important part of the lives of the people that understand and advocate NFTs.

[Sargos]

>That's the reason people purchase Rolex watches

But people can just make fake Rolex watches and wear those too! Watches are a scam /s

[Doxin]

I understand bragging rights, but it's pretty hard to brag with something noncorporeal. That profile pic? Anyone can use that, whether or not they own the NFT or not. Makes for some pretty poor bragging material if you ask me.

[Jyaif]

> That profile pic? Anyone can use that, whether or not they own the NFT or not.

Currently yes, but that's a fixable problem.

For instance Twitter could start preventing users from having profile pics that look similar to NFTs that were minted earlier.

[gitfan86]

Except copyright and trademark laws exist. The Washington Redskins lost their trademark. You can create as many NFTs of their logo as you want. But you cannot stop me from putting that logo on my website.

[Jyaif]

Showing NFTs on your website will not increase your status, because nobody will know if you paid for them or not.

Showing NFTs on your profile on a website that only accepts verified NFTs (see my previous message for what I mean by that) will increase your status.