Read the twitter thread by clicking on the "Read the full conversation on twitter" link and then I should be interested if Kent and other supporters of Generous Robots tell us how much they will be investing.Thanks.
NB It's great to know that we have clued up supporters who won't be deflected by criticism from others.
Read this thread by clicking on the "Read the full conversation on twitter" link and then I should be interested if Kent and other supporters of Generous Robots tell us how much they will be investing.Thanks.
I asked that a couple of pages back. Answer came there none. @kentaddick@cafcpolo
So, it’s a secretive financial service firm (operating in a high-risk, fraud-riddled, unregulated industry) which presents itself as a DAO, though privately admits it isn’t and yet refuses to reveal anything else. Anyone who gives them money needs their heads tested.
There are NO useful applications for NFTs yet. They are ALL, without fail, a way for cryptobros to cash out. You might make some money in the short term, but as soon as they've managed to get what they can out, you'll lose everything - if you're holding the non-existent cards when that happens, you're fucked. It's no better than penny stock pump & dumps (worse, because regulators haven't caught up it yet - unlike with boiler rooms)
NFTs have some promise in future potential legitimate applications (gig tickets, for instance, as there's a practical application there) - but not as digital pokemon cards - and anyone who can't see the con is being obtuse, in on the scam, or delusional.
Are you suggesting that the club should pull the deal then? The stark reality is that money talks and whether we’re sponsored by a betting company, crypto exchange or NFT peeps, the club simply cannot turn this down.
Do you honestly think any money has been passed with this sponsorship mate? I don’t
Read this thread by clicking on the "Read the full conversation on twitter" link and then I should be interested if Kent and other supporters of Generous Robots tell us how much they will be investing.Thanks.
I asked that a couple of pages back. Answer came there none. @kentaddick@cafcpolo
Didn't see the question but I've made it clear that I don't believe in this style of "art" as NFTs here and on the crypto thread, so obviously a no from me.
The point I've been making is that just because you don't believe in something, doesn't automatically make it a scam or ponzi like most are saying. If it turns out to be, then so be it.
There is huge demand and interest in NFTs around the world. For example, Adidas and Nike have sold new shoe and trainer collections this year as NFTs where demand outstripped the supply which led to huge prices being paid in the marketplaces https://www.cbsnews.com/news/nike-cryptokicks-nft-blockchain-metaverse-rtfkt
Sports clubs and teams in the US are pushing more and more into NFTs. The NBA's official NFTs have a total traded volume now in excess of $1bn.
I think the Premier League clubs have agreed to a deal to sell NFTs that should be coming this year as they realise the demand and size of the market. So you potentially buy a player card or a video of a goal that has been converted into a NFT and the owner will hold the rights to it.
Why the hell does anyone want a picture of some trainers? Why would an NFT video of a goal be worth anything? You won't own the rights the goal do you, just THAT video of it.
I can see value in the technology. Storing electronic documents etc. A really good market for NFTs would be trading card games like magic the gathering.
But the idea that a picture of a monkey in a football shirt has value because its a NFT not just a picture of a monkey in a football shirt is absolutely nonsense.
Why the hell does anyone want a picture of anything? Whilst i haven't a clue about NFT's, surely this is not that much different to owning any picture? For example i've got a picture framed of the Bauer play off winner.
I still can’t get my head around crypto and why if blockchain is so secure and transparent do we see stories of people losing their digital wallet or acces to it and the associated wealth.
I can’t reconcile the supposed benefit of blockchain if the associated wallet is a weak point in the end to end solution.
I still can’t get my head around crypto and why if blockchain is so secure and transparent do we see stories of people losing their digital wallet or acces to it and the associated wealth.
I can’t reconcile the supposed benefit of blockchain if the associated wallet is a weak point in the end to end solution.
Does that not prove its security though? Lose your keys, you lose access, your fault.
Also an element of stupidity and naivety to it as well with regards to scams. No different to every day life and call centres pretending to be Microsoft, or test n trace texts, etc.
I still can’t get my head around crypto and why if blockchain is so secure and transparent do we see stories of people losing their digital wallet or acces to it and the associated wealth.
I can’t reconcile the supposed benefit of blockchain if the associated wallet is a weak point in the end to end solution.
Does that not prove its security though? Lose your keys, you lose access, your fault.
Also an element of stupidity and naivety to it as well with regards to scams. No different to every day life and call centres pretending to be Microsoft, or test n trace texts, etc.
No at least not to me.
My bank can trace me and help me if I forget my account number or lose my card etc. it’s not irretrievably gone.
That’s the mental leap I can’t make as to why it’s better long term if my wallet can be stolen and no recourse.
Can anyone imagine if you had £85,000 in a savings account, lost your password and the bank said, sorry you can't access it ever, until you find it. There's nothing we can do.
I still can’t get my head around crypto and why if blockchain is so secure and transparent do we see stories of people losing their digital wallet or acces to it and the associated wealth.
I can’t reconcile the supposed benefit of blockchain if the associated wallet is a weak point in the end to end solution.
Does that not prove its security though? Lose your keys, you lose access, your fault.
Also an element of stupidity and naivety to it as well with regards to scams. No different to every day life and call centres pretending to be Microsoft, or test n trace texts, etc.
No at least not to me.
My bank can trace me and help me if I forget my account number or lose my card etc. it’s not irretrievably gone.
That’s the mental leap I can’t make as to why it’s better long term if my wallet can be stolen and no recourse.
I get it, but let's not forget, crypto is not replacing the pound, dollar or any other currency regardless of what people might say. Certainly not in the short to medium term.
If you lose your bank card, there's a possibility that you're going to be losing some money. Same if you get scammed.
If I lose my phone I would temporarily lose access to my wallet but I have my wallet keys backed up in multiple locations. If I somehow lost them all then that's no ones fault but mine, it's a shift in responsibility. Could someone get to them of my phone was stolen? Not a chance with the safeguards I have in place.
It's gone very quiet on this thread, where has JohnnyB and his advocates gone?
Can't say I have seen one person who had advocated anything that JohnnyB has said...... not one person who has suggested that Generous Robots should be invested into and not one person who has stated that they are likely to do so.
NFT's (which were being collectively classed as scams) though are very likely to have several uses in the future that will revolutionise certain industries (sport included).
I did confuse Ultimate Champions (the panini reference) with this, so apologies if I made light of what in all essence looks very unattractive (and potentially dangerous) as an investment and is something that few if any will be interested in.
I also see the value in CAST asking the right questions so that any vulnerable supporters could be protected from believing this is something they should involve themselves with, just because it is aligned to the football club.
There is huge demand and interest in NFTs around the world. For example, Adidas and Nike have sold new shoe and trainer collections this year as NFTs where demand outstripped the supply which led to huge prices being paid in the marketplaces https://www.cbsnews.com/news/nike-cryptokicks-nft-blockchain-metaverse-rtfkt
Sports clubs and teams in the US are pushing more and more into NFTs. The NBA's official NFTs have a total traded volume now in excess of $1bn.
I think the Premier League clubs have agreed to a deal to sell NFTs that should be coming this year as they realise the demand and size of the market. So you potentially buy a player card or a video of a goal that has been converted into a NFT and the owner will hold the rights to it.
Why the hell does anyone want a picture of some trainers? Why would an NFT video of a goal be worth anything? You won't own the rights the goal do you, just THAT video of it.
I can see value in the technology. Storing electronic documents etc. A really good market for NFTs would be trading card games like magic the gathering.
But the idea that a picture of a monkey in a football shirt has value because its a NFT not just a picture of a monkey in a football shirt is absolutely nonsense.
Why the hell does anyone want a picture of anything? Whilst i haven't a clue about NFT's, surely this is not that much different to owning any picture? For example i've got a picture framed of the Bauer play off winner.
Herbalife documentary on Netflix was good re pyramid schemes.
As is LulaRich on Amazon Prime.
The line between "Multi level marketing" and pyramid selling is very, very fine. The defining difference, to my understanding, is that you should be able to make a sizeable proportion of your income in one of the schemes from selling products to individuals outside the scheme rather than just recruiting.
I have a huge amount of respect for one or two of the posters who stand behind NFTs on here (and no respect for a poster deliberately being a sealioning dunce and as usual adding nothing to the conversation), but I have to say, in my opinion, the emperor is standing stark bollock naked in front of the crowd.
And again, with respect, it's not just a case of saying "you don't get it" when a lot of people I would think are quite smart and open minded on here disagree.
NFTs will have a place in the future, as will Blockchain technology, the problem is that the main ways they have been implemented so far, art and currency, are both the modern day equivalent of a pump and dump scam, and again, I would argue that those hat disagree possibly don't fully understand what they are dealing with.
The technology is sound, the utilisation of it is poor.
As for Billy saying he makes a living from it, I know people that say that about day trading stocks, or betting on the horses/casino. Sometimes it ends well, most of the time it ends in tears.
One thing is for sure though, the way it is most likely to end well for you is to be an early adopter and make sure you're not holding the parcel when it explodes. Good luck to you Billy, would prefer it if you all left Charlton alone though.
There is huge demand and interest in NFTs around the world. For example, Adidas and Nike have sold new shoe and trainer collections this year as NFTs where demand outstripped the supply which led to huge prices being paid in the marketplaces https://www.cbsnews.com/news/nike-cryptokicks-nft-blockchain-metaverse-rtfkt
Sports clubs and teams in the US are pushing more and more into NFTs. The NBA's official NFTs have a total traded volume now in excess of $1bn.
I think the Premier League clubs have agreed to a deal to sell NFTs that should be coming this year as they realise the demand and size of the market. So you potentially buy a player card or a video of a goal that has been converted into a NFT and the owner will hold the rights to it.
Why the hell does anyone want a picture of some trainers? Why would an NFT video of a goal be worth anything? You won't own the rights the goal do you, just THAT video of it.
I can see value in the technology. Storing electronic documents etc. A really good market for NFTs would be trading card games like magic the gathering.
But the idea that a picture of a monkey in a football shirt has value because its a NFT not just a picture of a monkey in a football shirt is absolutely nonsense.
Why the hell does anyone want a picture of anything? Whilst i haven't a clue about NFT's, surely this is not that much different to owning any picture? For example i've got a picture framed of the Bauer play off winner.
Digital fashion in the form of nfts will be massive. People pay thousand of pounds on in-game purchases/skins already... The metaverse hasn't even broken the seal yet.
@Huskaris who is Billy? Do you mean Russian “Tim”?
It’s not exactly a game- changer but I am struggling to think of a Russian male’s name that abbreviates to Tim. He’s as dodgy as they come, is our Tim.
@Huskaris who is Billy? Do you mean Russian “Tim”?
It’s not exactly a game- changer but I am struggling to think of a Russian male’s name that abbreviates to Tim. He’s as dodgy as they come, is our Tim.
Comments
Read the twitter thread by clicking on the "Read the full conversation on twitter" link and then I should be interested if Kent and other supporters of Generous Robots tell us how much they will be investing.Thanks.
NB It's great to know that we have clued up supporters who won't be deflected by criticism from others.
@kentaddick @cafcpolo
The point I've been making is that just because you don't believe in something, doesn't automatically make it a scam or ponzi like most are saying. If it turns out to be, then so be it.
Also an element of stupidity and naivety to it as well with regards to scams. No different to every day life and call centres pretending to be Microsoft, or test n trace texts, etc.
If you lose your bank card, there's a possibility that you're going to be losing some money. Same if you get scammed.
If I lose my phone I would temporarily lose access to my wallet but I have my wallet keys backed up in multiple locations. If I somehow lost them all then that's no ones fault but mine, it's a shift in responsibility. Could someone get to them of my phone was stolen? Not a chance with the safeguards I have in place.
NFT's (which were being collectively classed as scams) though are very likely to have several uses in the future that will revolutionise certain industries (sport included).
I did confuse Ultimate Champions (the panini reference) with this, so apologies if I made light of what in all essence looks very unattractive (and potentially dangerous) as an investment and is something that few if any will be interested in.
I also see the value in CAST asking the right questions so that any vulnerable supporters could be protected from believing this is something they should involve themselves with, just because it is aligned to the football club.
If yes, then you owe us 5000 sultanas
The line between "Multi level marketing" and pyramid selling is very, very fine. The defining difference, to my understanding, is that you should be able to make a sizeable proportion of your income in one of the schemes from selling products to individuals outside the scheme rather than just recruiting.
And again, with respect, it's not just a case of saying "you don't get it" when a lot of people I would think are quite smart and open minded on here disagree.
NFTs will have a place in the future, as will Blockchain technology, the problem is that the main ways they have been implemented so far, art and currency, are both the modern day equivalent of a pump and dump scam, and again, I would argue that those hat disagree possibly don't fully understand what they are dealing with.
The technology is sound, the utilisation of it is poor.
As for Billy saying he makes a living from it, I know people that say that about day trading stocks, or betting on the horses/casino. Sometimes it ends well, most of the time it ends in tears.
One thing is for sure though, the way it is most likely to end well for you is to be an early adopter and make sure you're not holding the parcel when it explodes. Good luck to you Billy, would prefer it if you all left Charlton alone though.