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by baubino
127 days ago
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But domains and social handles gain meaning and value because they are keys to something else. Even if the something else never materializes (e.g., I hold a domain for years but never build a site), they are still valuable because of the potential they hold. Similarly, a deed to land (even vacant land) represents the potential value of that land as much as it represents the land itself. A deed is meaningless if what it represents doesn’t have the potential for real value. edit: I commented before clicking on the link (bad me). I has assumed the “experiment” was at no cost to the participant. Now that I see that there is a fee ($10) for a deed to nothing, the “experiment” seems more like yet another AI-driven cash grab. |
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This project is intentionally different in that it isn’t trying to represent future utility or productive capacity. It’s closer to a fixed record in a single persistent registry, more like a commemorative or historical artifact than a functional asset.
The closest analog is probably things like early internet artifacts (e.g. Million Dollar Homepage squares, early domain registrations, even username systems), where any meaning that develops tends to come from longevity, shared recognition, and the fact that the registry itself remains stable over time.
The fee isn’t meant to frame it as an investment, it mainly exists to prevent automated claiming and to keep the registry finite and durable. Whether something like this can ever accumulate broader significance is really the core question behind the experiment.