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Originally Posted by dobbles
I'm still failing to see what is different about this approach that requires blockchain or NFT or fungible items? Can't we already easily do all the things described?
And please do not take this as me attacking the example instead of the premise, but I am a rube here and mostly just like to read and learn from you guys. But in this scenario, of fan votes or random winners of tokens and making up full collections for bigger prizes, what about that can't be done currently with some form of database driven CRM?
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Ya, there is nothing here that a database and app couldn't handle. They'd actually handle it better, because they have central control with mechanisms for fixing fraud and mistakes. There is no reason to distribute and remove centralization for tokenization of the sporting industry, in fact, for those organizations who control their brand, it's a bug, not a feature. Why would, say, the NHL turn this over to someone else when they could do it themselves and maintain control of all aspects of it?
While he presented some interesting ideas and concepts(I did listen to a bit of it), they do not require blockchain to implement.
I've yet to see a compelling product for the "Web 3.0" space. I suspect it's all just going to quietly go away, as corporations realize it's a useless money pit, and consumers struggle to find anything of value in it for them, and evangelists pretend it's not all just a sea of ideas shoehorned into a technical framework that doesn't make much sense when you think about it for 3 minutes.