Skybox - A Music NFT Collaboration

[@neogreengo3584]

Cool nft. Now the real question is if that nft's metadata is stored on centralized servers or not? Neo blockchain fixes this, with their on-chain decentralized file storage...👀

[@ernex404b]

This is not an NFT. This is a single frame music video-ish thing. The NFT will be the receipt for this on a (or multiple) crypto block chains. This is totally fungible. I just did that I set the image as the background of my car stereo and the song as the ringtone for my handsfree... It's awful thought, I think I am going to change it back to "The Sleeper" and "Werewolves of London"

[@Musiceducationforall]

Really?Music-video-ish thing? Dang bro. Of course the KZbin video is not the NFT. The NFT is here: objkt.com/asset/KT1CBDCBPDGD3VvXWZqBcAMw73gGn2GnQEmX/2 Please tell me why you think it's fungible. Go on....

[@ernex404b]

@@Musiceducationforall l was replaying to the comment above mine. If you would read they call the video an NFT, that is not correct. The NFT is the receipt on the chain. The video is fungible the NFT is not, unless there is a fork on the chain.

[@swampdweller5]

@@ernex404b Seriously. Should I retitle the video? I do want to be clear about it. Perhaps I should add (adapted for youtube?) But you can still right click save the piece off the Tezos blockchain. Same here on KZbin. Yes, that does make it fungible. But you can not sell it via cryptocurrency. That is called copy minting. I have proof on the blockchain that I am the owner of the work. The smart contract is there for anyone to see.

[@ernex404b]

@@swampdweller5 I could literally use the link and re mint an NFT of the music video in a different chain, mint it 10 times and sell each for 1 10 of the assigned speculative value and I will be making it monetarily fungible by devaluing the original piece. Because it's not the artwork that is on sale but the position in a particular chain. You don't have to change the name of it, you don't have to do anything. I am noone and know nothing (or could be Satoshi Nakamoto themselves). You should not concern yourself with what a random guy says on the internet. Or you could watch münecat's video essay on NFTs. Georgie has a sailor's mouth though, be warned.