Limewire partners with Universal Music Group for Music Based NFT Projects

😳

Yea but now they are no longer free. You want a quality virus you gotta pay for it in LMWR tokens now.

Pepperidge farm remembers!! Oh... the memories 🥲

Next we'll hear an update on Napster

Nope. Two brothers bought the trademarks and are making an NFT marketplace using the name. The name is the only connection really.

Marketing stunt by algorand. They're buying up old ips.

All good. They're both under Algorand.

DC++ all the way for me

EICAR test NFT

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• Relevant Cointest topics: Ethereum, Cardano, Solana, Algorand.
• Relevant subreddits: r/CCNFT, r/Ethereum, r/Cardano, r/CosmosNetwork.
• NFT tutorial.
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#NFT Pro-Arguments Below is an argument written by jakekick1999 which won 3rd place in the NFT Pro-Arguments topic for a prior Cointest round.

NFT that are useful within a game.

So what is something that is unique to every player that can be digitally certified as unique ? The answer that comes to mind is skins. We already have games like CSGO that have their market place for selling and buying skins for weapons. So what if we start creating unique skins ? These can be of two types:

1. Streamers or other personality based skins that only a single person can use. For example this is an NFT owned by the streamer itself. The design is dictated by inputs from the streamer and will be something that gives them uniqueness.
2. Tournament based skins. These skins are something that can be won by winning a tournament and will be exclusive to the winner. These skins can then be wagered as well. If you are able to beat the current owner of the skin in "wager battle" you
   are now the proud owner of the skin.

NFT that are gaming based but are more general

These can be images that commemorate certain achievements like fastest lap in a track, most kills in a game, most trophies in a season, etc. And just like a plaque that you get from Guinness book of world record, the NFT will be awarded to the acievement holder and will be akin to the plaque.

Platform to display these achievements : The current launcher and market situation with steam, epic launcher, origin, ubisoft etc is a bit cloudy. And probably these individual platforms will not license other platform's NFT. But nevertheless Valve can take the initiative and have a NFT banner place in steam for every player allowing them to show off their achievements.

NFT to combat copyright system

YouTube this is aimed at you. The number of fraudulent claims and strikes that get thrown around to the point that content creators are at the mercy of people's spite is just a disgrace. The largest form of copyright is the claiming of music or backgroud audio that is used. To combat this, we need to create NFT for every single song and music that exists.

It is not impossible. Database like https://www.ascap.com/repertory#/ exists where we can search up songs and get to know all the details. All such platform would need to do is create NFTs for every song that is there on it's database ( on a blockchain whose fees are very low else they be going bankrupt lol ). But the difference will be marking the NFT as per their licensing. Whether it is free to use or is it licensed to an record label or is it free use under certain platforms or conditions, etc.

Once we do this, all YouTube needs to do to check up on a complaint is to verify if the content creator has the owndership or usage rights to the NFT of the song in question. This means they can verify if the complaint is valid and then strike the channel rather than declaring
guilty until proved innocent. We can further incentivise content creators to use songs that have NFTs to safeguard themselves from fraudulent copytright claims. YouTube can now share revenue for videos that use a song's NFT by paying a cut of the revenue to the owners of the NFT as well. This trickles down the reveneue for artists and musicians as well.

NFTs in tickets

This is probably the most mundane but the most easiest to implement. The memories of visiting a place can now be immortalised through the preservation of a digital ticket that is owned by that person.

NFTs for certificates

Another mundane use case that is similar to the above where we are issuing a unique certificate for an individual or organization. This again makes sure it is legit and durable, without any tampering and forgery.

Remember... NFT are not a way to create money. Yes, you can be the owner of something that is unique or rare and someone who is interested in it might be willing to pay. But NFT is not a antique or collection business. It is digital and makes it more than easy to replicate anything. The use of NFT is to prove the uniqueness and ownership of something. The value of proving it lies in what is used for. It might be a work of art or as mundane as tickets to the next super bowl.

Would you like to learn more? Click here to be taken to the original topic-thread or you can scan through the Cointest archive to find arguments on this topic in other rounds.

#NFT Con-Arguments Below is an argument written by Chikkin1013 which won 3rd place in the NFT Con-Arguments topic for a prior Cointest round.

Note: as most argument against NFT's have been made already, I will give more nuanced explanations, advance a pre-existing argument, or explore unexplored arguments. I will @ original posters if I add onto a pre-existing argument.

• Ownership of an NFT is a metaphysical ownership of assets
  Note: nuancing u/MrMoustacheMan and u/idevcg's arguments
  > Let us begin with what happens when you purchase an NFT.You own not the actual asset - whether that be a png, jpg (or even the land/yacht, when the time comes) - but the metadata signed by the seller that claims the ownership of a digital asset (we will exclude NFTs that claim ownership to physical assets, as they do not yet exist). Thus, the "owner" of the token is thrice removed from the asset they claim the ownership of.
  > One might argue that the same goes for artworks, where the ownership lies beyond the artwork itself, but at the "spirit" of the art - which some artists claim to be the essence of art. However, for artworks, the owner has complete access to the artwork. He, she, or they may destroy and/or manipulate it in any way possible. For digital assets, the asset still is public, even if the ownership is private. Thus, purchasing an NFT is purchasing the concept of ownership, which is something not yet readily accepted.
• Current NFTs to digital "art" harms artists
  > You've seen the inundation of supposed art in OpenSea. Sure there are great ones that are created by genuine artists exploring new mediums of art. However, most "art" are simply spams or stolen art (by stolen, I mean works edited/taken without the consent of the original creator) to make quick bucks, ignoring intellectual and creative rights.
  > One might argue that even if so, NFT enables bigger audiences to lesser known artists. Sure, I will not argue against that. However, how much of these lesser known artists are genuine artists and not spammers looking for their lucky strike?
• The current NFT landscape is a chicken game
  > We see that massive amounts of art are being traded at unimaginable prices. There is nothing wrong with that, however, once the game is over, individuals and the media will criticize the "casino-like" behavior of NFTs. Sure, people will argue against it and claim that NFT is only the technology and the digital art chicken game is a simple outcome of that, but as we have seen, when DOGE burned individual investors, cryptocurrency and its technology were blamed (the "guns don't kill people" argument rarely holds for blockchain tech due to its infancy). Thus, a viable technology will be blamed for its misuse.

Would you like to learn more? Click here to be taken to the original topic-thread or you can scan through the Cointest archive to find arguments on this topic in other rounds.

Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread here.