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Message: [QUOTE="Hugh Gains, post: 34634249, member: 33432"] I'm comparing your jpeg avatars to things like ZED run. The former is digital ownership of a jpeg whereas the latter has more to it and it's the likes of zed run and what it's doing which make the concept of nft's interesting and you wonder where it will go. In regards to Banksy, Damien Hirst did a collection of NFTs in which in 12 months time you can exchange your nft for a physical painting, you don't said painting is destroyed etc, i see the value there. But the majority of these NFT's are pumped and dumped by players on twitter and theres no way a jpeg is worth 100k. The only reason BYAC was worth something was it allowed you to mint a MAYC for mint cost, so you were guaranteed to make at least 12 grand, which inflated the price of BYAC. That and the fact the prices keep going up because people keep buying, doesn't mean there value, its fomo. The fact that ownership entitles you to further rewards screams ponzi. There numerous examples of someone having two accounts and buying their own nft for an inflated price, only to then sell it to some unfortunate soul at a cheaper price, who thinks hes got a bargain. [/QUOTE]