this post was submitted on 15 Apr 2025
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NFT was the worst "tech" crap I have ever even heard about, like pure 100% total full scam. Kind of impressed that anyone could be so stupid they'd fall for it.
NFTs could have been great, if they had been used FOR the consumer, and not to scam them.
Best thing I can think of is to verify licenses for digital products/games. Buy a game, verify you own it like you would with a CD using an NFT, and then you can sell it again when you're done.
Do this with serious stuff like AAA Games or Professional Software (think like borrowing a copy of Photoshop from an online library for a few days while you work on a project!) instead of monkey pictures and you could have the best of both worlds for buying physical vs buying online.
However, that might make corporations less money and completely upend modern licencing models, so no one was willing to do it.
If said Photoshop had a nft licensing service, it could've stayed online for longer. Legit old versions of Adobe software that had one-time purchase licenses can't be activated anymore due to servers being brought down. And that's how they want it while pushing subscriptions for 10+ years.
The exact same thing would have happened with an NFT licensing service. They would still link to obsolete servers. The problem is not a problem which NFT would solve, the problem is the problem of obsolete servers, which are very easy for adobe to fix without any useless NFT technology, if they really wanted to (but of course they don't)
Trying to find any application for NFT, I came to the conclusion that it would work IF you and me could be the servers there, having a copy of blockchain and verifying validity of keys until we get bored and quit that. It would target one particular issue - cantralized validation on Adobe side. It'd be inefficient and all, but it may deny them some power over usage of their legitly purchased product.
Sure, but what do they get for using that system and giving up control? If they don't agree to use it then it's an illegal copy and you might as well pirate it.