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RE: Hive accounts make community NFTs redundant

in LeoFinance2 years ago

I will complete your thoughts about uniqueness and ownership.

An NFT allows for creating a "link" between an "object" and its "owner".
But we could also imagine links between an object and multiple owners. The ownership of the object is then shared among them. Think of two persons (husband and wife) who own the same house, the ownership being represented by an NFT. If the NFT is transferable, each owner can sell their share of ownership to someone else.
In this case, uniqueness applies to the link only, not the object.
We have seen artists selling their digital art as NFTs and allowing up to N copies of the same "image" to be owned by several buyers.

In the same way, when it comes to Hivebuzz, we also have users "owning" the same "1000 posts" badge. The badges are identical but each link to a user is unique.

About "ownership", you are right. As we do not generate a transaction in the blockchain when attributing a badge to someone, the "ownership" by itself is not verifiable. Although we generate a notification each time a badge is given to users, sometimes we can't do this when the user doesn't have any posts (curation bots for example)

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Oh, my head hurts now. I've got to think on this stuff...put it the back of my head and let it brew. Something in my chipmunk brain is glitching though with regards to the ownership concept. Got to think more and I'll try to get back, maybe even wrangle up a post out of it assuming I can turn my, "Huh?" into somethings semblance of sense. This is the kind of nerdy thought-exercise I find intriguing. Thank you for the homework assignment!
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Thanks for stopping by and sharing how this works, arcange.

I hadn't considered HiveBuzz when I was writing the post itself, but when I started reading comments the project came to mind as a great case study.

In the same way, when it comes to Hivebuzz, we also have users "owning" the same "1000 posts" badge. The badges are identical but each link to a user is unique.

Super interesting and thanks again!

Posted Using LeoFinance Beta

More to come. @crrldx challenged me with his last post