this post was submitted on 07 Jan 2024
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[–] echo64@lemmy.world 5 points 10 months ago* (last edited 10 months ago) (1 children)

there is absolutely nothing an NFT can do, that we can't already do in a much simpler, less resource heavy, way. nothing.

everything you describe can be done without NFTs and easier. NFT's have zero value.

[–] TwilightVulpine@lemmy.world 4 points 10 months ago

Absolutely. Seeing that a concert ticket is tied to a venue with limited space, the venue can set how many tickets ought to be available for a show. Ultimately it depends on centralized verification, therefore there is no point in using NFTs for it.