catalog

Well-known member
So why do they need tokens? The excuse on the AI generative stuff is the heavy computing power required.
 

Clinamenic

θερμοδυναμικός καπιταλιστής
So why do they need tokens? The excuse on the AI generative stuff is the heavy computing power required.
Token is just a term that has stuck more than it deserves to. It just refers to a piece of data which represents some object, whether that object is financial asset, a piece of media, or a document. It's also the atomic unit of the state of the database: the state of the database is the current allocation of all tokens of all types across all accounts - but the term token has a financial connotation that I think has overstayed its welcome.
 

Clinamenic

θερμοδυναμικός καπιταλιστής
So why do they need tokens? The excuse on the AI generative stuff is the heavy computing power required.
Yeah and that business model makes some degree of sense, as far as I know - assuming they're even using blockchain. You haven't had to create a web3 wallet to use the GANs have you?
 

catalog

Well-known member
Yeah and that business model makes some degree of sense, as far as I know - assuming they're even using blockchain. You haven't had to create a web3 wallet to use the GANs have you?
No but I think it could be going that way cos Dall e has now said you can make nfts and all that. Someone's gotta get paid somewhere along the line I suppose.
 

catalog

Well-known member
A virtual cryptocurrency building in the San Fernando Valley, in the style of Andre Derain

VxnaISu.png
 
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