Has anyone truly ever had this shower thought? LET ME RENT NFTs bro 😅🤪
Discussion
Rent them for what lol
That’s more like a shower brain fart.
Don’t forget to rewind before returning them.
There’s no bottom to their grift
Yes.
An NFT is simply a contract.
So, if a home is on the blockchain, then the ability to rent the home on the blockchain would make rentals quick and easy.
So, yes. Renting NFTs is a valid and important use case moving forward.
Thuh heck you on about?
Do you understand what an NFT is?
Pretty sure I do. Don't see what your rental agreement gets out of being on a blockchain or why it needs an NFT if it is. You still rely on a real world authority to execute your contract if your tenant pulls a weapon and tells you to get lost. What's the nft good for then that a real world contract doesnt do? If you can pay rent in Bitcoin, it's already pretty easy.
It’s more for tokenization of an asset than rental contracts. But, if the revenue steam is large and diversified enough you could tokenize that as well.
You’re thinking like a poor. “Butt buttt what if my tenant pulls a gun on me.”
No one cares.
Think bigger.
I'm thinking big enough. You're the one focusing within the limits of your own ecosystem. Tokenisation of an asset means nothing if you have to rely on external authority to enforce it.
Another example; you own the NFT that stipulates ownership of a rare pair of Nike air Jordans. But someone broke into your apartment and stole the shoes last week.
What value does the NFT have now?
That NFT is proof of ownership of the shoes are recovered.
Your examples shows you’re a retard too.
I’d say thanks for playing but you just wasted everyone’s time.
Your Arby’s shift is about to start, you better get going.
Wow. Do you often resort to name calling to convince yourself you're winning a losing argument?
You said it yourself: The NFT has a use in the single edge case "IF" the shoes are recovered. And still you're appealing to an external authority to enforce it. But good luck finding a pair of sneakers.
I must be retarded to think someone spitting such idiotic takes could zoom out enough to see their own fallacy. Have fun staying poor.
You’re back?
That was one long Arby’s shift.
Get some rest.
You can't put a physical object "on the blockchain". You can at best put a reference to it on there, but that defeats the purpose.
You put contracts on the blockchain.
no, you put a reference to the contract on the blockchain. the blockchain has no means to enforce a contract in the physical world
It does if there’s money attached to that NFT that can be pulled.
pulled by whom on whose authority
Set by the contract… on the blockchain.
How does the contract know what happens outside the system?
It’s programmed into the system that certain actions must happen and be logged in the system.
How is anything enforced?
The exact same way.
Are you a jeet?
see, the problem is that you can enforce things that happen inside the system (blockchain), but as soon as you "tokenize" stuff rom the outside world you need an oracle, that the contract relies on to make decisions. This oracle (whatever it may be in praxis) is where for me the whole token system stops to make sense. You don't need a blockchain if you're gonna use an oracle anyways.
I was hoping to show you that, but it seems your beleives are firmly set. That's fair enough, have a good day.
You’re being purposefully obtuse, which is why I asked.
Are you?
Contract NFTs are essentially what XRP does. Contract NFTs can streamline government systems. They can standardize contracts, even complex ones.
Just because you don’t see the use doesn’t mean it’s not there.
But in all this, what have the NFTs done?
Voluntary stupidity tax.
Won't you like to finance the rent payments using their DeFi dApp too?
"Let me rent the marriage certificate of the wife everyone is having sexual intercourse with."