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FOR SALE: Original Satoshi Times 03/01/2009
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Topic: FOR SALE: Original Satoshi Times 03/01/2009 (Read 837 times)
jonny1000
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Re: FOR SALE: Original Satoshi Times 03/01/2009
August 21, 2021, 04:21:36 PM
#21
Yes, I have sold. Now I am experimenting with this NFT route, where I custody a copy and deliver on redemption.
Mbitr
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Re: FOR SALE: Original Satoshi Times 03/01/2009
August 21, 2021, 04:30:21 PM
#22
So the price is 600 ETH for the NFT and comes with a free original ‘satoshi’ Times newspaper ?
PrimeNumber7
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Re: FOR SALE: Original Satoshi Times 03/01/2009
August 21, 2021, 11:31:05 PM
#23
Quote from: jonny1000 on August 21, 2021, 04:04:38 PM
Now for sale on OpenSea as an NFT
https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/65296535135049096320155976335774845627297532954576984939387059861171229163524
It looks like there are 4 copies for sale. Do you actually have 4 copies of the newspaper?
Being that anyone can download an image of the newspaper, what would stop someone from selling an identical image as a NFT, and how would it be different than what you are selling?
jonny1000
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⇾
Re: FOR SALE: Original Satoshi Times 03/01/2009
August 23, 2021, 08:52:10 AM
#24
My NFT is redeamable for the actual paper. That is the difference. Only one copy is for sale
jonny1000
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Re: FOR SALE: Original Satoshi Times 03/01/2009
August 23, 2021, 08:56:02 AM
#25
Quote from: Mbitr on August 21, 2021, 04:30:21 PM
So the price is 600 ETH for the NFT and comes with a free original ‘satoshi’ Times newspaper ?
It does not come with the paper, you can send the token back to me to redeem for the paper. You can bid less than 600ETH if you like
dkbit98
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Re: FOR SALE: Original Satoshi Times 03/01/2009
August 23, 2021, 02:19:38 PM
#26
Quote from: jonny1000 on August 21, 2021, 04:21:36 PM
Yes, I have sold.
Now I am experimenting with this NFT route, where I custody a copy and deliver on redemption.
So you said that you sold the actual Times newspaper, but you are still selling NFT version that is redeamable for actual hard paper copy.
That means you had multiple copies of same newspaper or what?
Way overpriced btw, and much more expensive than original newspaper price of 10 BTC.
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jonny1000
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Re: FOR SALE: Original Satoshi Times 03/01/2009
August 23, 2021, 10:51:39 PM
#27
You can make an offer if you think the price is too high
dkbit98
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Re: FOR SALE: Original Satoshi Times 03/01/2009
August 24, 2021, 11:13:21 AM
#28
Quote from: jonny1000 on August 23, 2021, 10:51:39 PM
You can make an offer if you think the price is too high
OK, but you didn't reply to my previous question, if you already sold this newspaper how can you make this NFT version redeemable?
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PrimeNumber7
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Re: FOR SALE: Original Satoshi Times 03/01/2009
August 24, 2021, 04:13:08 PM
#29
Quote from: jonny1000 on August 23, 2021, 08:52:10 AM
My NFT is redeamable for the actual paper. That is the difference. Only one copy is for sale
Unless I am reading the block explorer incorrectly, there are 4 NFTs available.
Ignoring the above, any purchaser would need to trust that you will actually honor any redemption of the NFT. I am not sure this is a foregone conclusion for any counterparty and trust would be required.
jonny1000
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Merit: 14
Re: FOR SALE: Original Satoshi Times 03/01/2009
August 26, 2021, 05:07:22 PM
#30
I changed it to just one NFT now:
https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/65296535135049096320155976335774845627297532954576984939387059871066833813505
Sorry for the confusion
Yes, buyers would need to trust me to deliver it when requested
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