Replies to post #48516 on Vita Mobile Systems Inc (VMSI)

[Jimmy99er]

Lol.... It's one NFT from Jack Dorsey that no one wanted. It went from 2.9 million to a few hundred bucks. NFTS are still selling millions of dollar volume per day. I don't get the whole nft thing but alot of people do, and spend millions.

[DawgTrading]

Web3 if properly implemented can do a lot of pretty amazing things... especially blockchain and IPFS usage. Tokens semi fungible can be used for more than just artwork... if the right tech is developed and a good business model grows around that marketing can branch out nicely.

Cant just sell "art" however (although some do it and very well with sales), but the tech underlying the transfer and sale of art is just the tip of the iceberg.

Different protocols are used for different uses. ERC20 is different usage than ERC721 (fungible non fungible contracts), ERC1155 smart contracts can be developed to provide a service, utility, or used for staking and defi, or both.

Does VMSI have an opensea marketplace, or somewhere else? I really wish they stuck with machien learning and tracking technology, this (blockchain tech) could actually be incorporated into things like that now. But VMSI seems to hop and skip between random things.