Glitch in the Metaverse
The story behind the 'Glitch in the metaverse' NFT.
At the moment there is a lot of enthusiasm surrounding NFT technology. Expectations are high.
It reminds me of the high expectations surrounding blockchain technology in 2015 - 2017. I wrote the first Dutch book on Bitcoin blockchain in 2015. Since then I have given more than 150 lectures on it. So I know the enthusiasm, also in myself. The reality, however, is more complex.
This video is meant as a gag, as a self-mockery of my own field of profession. To put the current enthusiasm and high expectations into perspective. My message: Keep looking critically at the limitations, risks, overestimation and deception of NFT's.
"When your heart...
Details
Created
Jun 14th, 2021, 13:00
Edition
1 of 1
Blockchain
ETH
Storage
centralized
Token standart
ERC-1155
Metadata
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No
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N/A / 1
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0
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Critical Risk
Details
Centralized storage
OpenSea Storefront
Centralized storage
0 sales per last month
Editable metadata stored on a server
10%
ERC-1155 (1 copy in edition)
Collection tokens1 tokens
Unique Owners1 / 100%
0 potential sales
0% missed royalty fee
The original collection.
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