this post was submitted on 23 Jul 2023
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Digital Assets

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A Place to Learn About and Discuss Digital Assets.

Rules:

  1. Adhere to the lemmy.world rules.
  2. Posts must be relevant to digital assets.

Resources:

  1. What is a Digital Asset?
  2. Centralized vs. Decentralized
  3. Use Cases for Non-Fungible Tokens

A lot of the initial posts here will highlight influential companies that have had some ties to digital assets, however, the posts thereafter will be current and address utility:

-Owning your media (not having to subscribe to Prime and Netflix indefinitely to access the content you've already purchased).

-Empowering musicians to cheaply distribute their content without Spotify gouging their sales. (And for the artist to make money off every subsquent sale thereafter, not just the initial one)

-Having control over the assets you buy in games, such as skins/weapons/pets and the ability to sell them later on, or take them with you to an interoperable platform.

-Having the option to transfer/gift the tickets you buy off Ticketmaster, no matter what event it's for.

-ect..

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WASHINGTON—Calling it a no-risk investment guaranteed to appreciate in value over time, Fannie Mae officials announced Thursday that the lender had issued billions of Mortgage-backed NFTs. “This is as stable as they come, over the entire history of NFTs, they have only appreciated in value,” said CEO Hugh Frater, who noted that the collections of bundled NFTs have received a triple-A rating from every major credit agency. “We believe NFTs are the new cornerstone of American investment and savings, something that everyone should tie their retirement to if they are trying to be conservative. We’ve also sliced-and-diced stable NFTs with less secure NFTs and repackaged them to protect our investors from risk. That way, the only problem would be if the entire NFT market crashed, which we see as a total impossibility.” At press time, Fannie Mae was entering the futures market by hedging their mortgages against the future price of NFTs.

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[–] Spacebar 10 points 1 year ago (1 children)

Oh thank God this is the onion

[–] Chocolate 1 points 1 year ago

It makes my eyes sweat.