Jake (0FJAKE)
speaker
369 appearances
1 recordings
1 series
first heard Jul 2024
last heard Jul 2024
Jake (0FJAKE)’s voice in public audio — every appearance, attributed to the second.
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Appearances
So the fundamental thing with the project is you can mint the color.
And the difference between minting and buying is buying sort of implies that you're buying something that already exists from my perspective.
Whereas minting, you're actually creating the thing.
So you're paying to create.
There's this NFT collection that's going to exist.
The contract is there to make it exist.
But the users have to actually decide this color is now in play and it's mine.
So you would go and you would mint and you would get your color.
And then secondarily, the owner of the NFT has the exclusive ability to name the color and there will be no duplicate names.
So if you were to mint, let's say like a shade of purple that you really like and call it purple.
no one else can call their purple or any other color for that matter purple right and so there could be from my perspective value a trip obviously like values if you if you make like blue first then like that'll be worth more than like the 50 000 named blue or whatever
Well, there won't be a 50,000th named blue.
Yeah.
Or like, you know, sky blue might be more valuable than like Jake's favorite blue or something.
It would act roughly like domain names.
Yeah, but then separately, there may be value attributed to the colors themselves, where if you get Coca-Cola Red, regardless of what you name it, it's like, oh, that's Coke Red.
Yeah, go for it.
Yeah, I'm looking at it.
The hex is 002FA7.
So you can have that one.
Showing 301–320 of 369 · page 16 of 19
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