Legacy, a blockchain-based business sim, has already earned millions of dollars in "land" presales.
    • Pons_Aelius@kbin.social
      70·
      1 year ago

      The blockchain does not contain the assets he is talking about. it is just a ledger saying who owns the assets.

      If the place the blockchain ledger points to no longer exists, the ledger is useless.

      Same with NFT’s, they are digital receipts that point to a web address, If the web address closes down, the NFT is useless.

      Not sure you understand what you are talking about there bubs.

      • LillyPip@lemmy.caEnglish
        1·
        1 year ago

        I get how the blockchain works.

        I was responding specifically to the end of your comment:

        What happens if/when the servers your business is located on are switched off?

        I probably should have quoted you.