<story><title>NFT Replicas: An app to mint a replica of virtually any NFT</title><url>https://nftreplicas.net</url></story><parent_chain><item><author>lettergram</author><text>I have to be honest. I view NFTs as one of the dumbest things to come out of the crypto space. I see the use cases, but frankly I don’t think it’s innovative nor does it solve something in a really  unique way.&lt;p&gt;Part of the point of digital assets are that they can be copied. If you don’t want to copy them, you can validate with the issuing authority (which is virtually all NFTs as it is).</text></item></parent_chain><comment><author>slg</author><text>&amp;gt;I have to be honest. I view NFTs as one of the dumbest things to come out of the crypto space.&lt;p&gt;This is so obvious to me that it is tough to stop myself from believing that everyone knows this and is just ignoring it in an attempt to make a quick buck.  There are much better arguments for cryptocurrency.  I happen to think they are generally overvalued and overhyped, but there is also real utility at the heart of it that people can believe in and project forward.  NFTs seem to be stupid all the way down.</text></comment>
<story><title>NFT Replicas: An app to mint a replica of virtually any NFT</title><url>https://nftreplicas.net</url></story><parent_chain><item><author>lettergram</author><text>I have to be honest. I view NFTs as one of the dumbest things to come out of the crypto space. I see the use cases, but frankly I don’t think it’s innovative nor does it solve something in a really  unique way.&lt;p&gt;Part of the point of digital assets are that they can be copied. If you don’t want to copy them, you can validate with the issuing authority (which is virtually all NFTs as it is).</text></item></parent_chain><comment><author>timcott</author><text>For a digitally savvy community, HN takes on NFTs are surprisingly backwards looking. NFTs most people have seen&amp;#x2F;heard of are just links to a JPEG with little to no utility. That has caused all the hype&amp;#x2F;OpenSea volume, but there are many interesting crypto projects that ascribe utility to NFTs (but are also much less accessible).&lt;p&gt;Interesting NFTs are those that: prove identity, serve as a key to a private community, yield tokens with utility, prove ownership of an asset that generates royalties, augment a gaming experience, etc.&lt;p&gt;What&amp;#x27;s unique about how NFTs solve existing problems is fundamental to crypto - the data layer is open source, so everything is composable. Maybe the folks here working for large cap tech firms in effort to monetize proprietary data are offended by that.</text></comment>