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Replying to Avatar ShiShi21m

It was sold under the premise that "Blockchain" projects can raise capital for their projects without having a working Blockchain -> hence ERC-20 tokens.

This allowed for accounting of who owns what meanwhile you develop what you promised.

Which was either a novel Blockchain that you would be swapped over to 1:1 or some bullshit they sold you meanwhile describing it as a "native ethereum asset".

Then came the idea of non fungible tokens...which were only really implemented how you know them after a few years.

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â‚¿ujuX 10mo ago

Ya, I've always wondered why the world would ever need this. Unless that's the risk of emerging "new" technology..

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ShiShi21m 10mo ago

The world doesn't need this, but it probably provided us extra time to stack sats.

#usecase

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