ok wait so are you suggesting
the NFTs I have paid over 10,000 dollars for…that I currently do not use due to some whatever reasons…I should send to a Library - which btw could not guarantee I will be sent back since technically a person can run off with it- so those who also think they are cool can get a more deeper connection…but like get to avoid spending the 10k+ that I had to spend lol…?
I’m not suggesting to anyone what they do or not do with their NFTs.
There are potentially lots of questions, concerns, along with varied systems/structures, which a person would find agreeable or disagreeable. Areas like intentions, ease, convenience, security. I’ve thought about a few different designs depending on purpose, function, audience and feasibility.
But to answer what you wrote directly.
A Sapien Medicine place - what word best fits that function isn’t established: e.g. library, second hand shop, gallery, …
There are different interactions that a person may like to do. Let’s use three categories:
-
Person with an NFT, moves it → to SM place
Sample interactions by person:
Sell, Lend, Trade, Deposit, Donate… -
SM Place with NFT, moves it → Active Forum member
Sample interactions by SM Place:
Sell, Trade, Lend (time frame could vary distinctively, e.g. 30 mins, a few weeks, a month) -
Active forum member interested in an NFT → SM Place
Sample interactions by Active Forum member:
Buy, Borrow, Trade, Inquire, (Gallery view; short time frame lending)
There are no true guarantees for anything. But guarantees can be set, risks mitigated, security heightened, and consequences determined. Let’s walk through some interactions:
Selling/Buying/Giving/Donation -
This already happens in the community. But if someone wants to sell/buy, they need to find a person interested in the exchanged offer. They may also need to check the thread often. This could be inconvenient and take time without any guarantee of a sale, or if the NFT is interacted with in as intended, e.g. “a good home, treat him well, enjoy…” If someone receives an NFT, they may not really know how to interact with or value it. Or it could be very different what they are truly aligning with. Hence it sits around or is placed back on the buy/sell thread.
Deposit - As in a depository, e.g. cold storage/hardware for NFTs.
Lend - if this occurs, the agreement is that an NFT is moved between parties with conditions. If a person breaks a condition, e.g. “run off with it,” what might be some of the consequences? How would that person be viewed in this forum?
There would of course be conditions if such a case happened. For the person who lent and lost their copy of the NFT, what guarantee would have been agreed upon if such a case occured: be a given a different copy? a monetary value as if it had been sold? What would be agreeable to have first lent the NFT?
Personally, my view is to trust the active community members here, with the belief that if there is an agreement to lend/borrow within a certain time frame, then the NFT will be returned within that time frame.
Sapien Medicine NFTs can be viewed in several different ways. Besides a system of categories like deities, tools, enhancements, health, NFTs could each be viewed as a product, service, companion, guide, or simply an experience.
Some people may be buy an NFT to own it, to have it as a value. Another may buy as a part of their “personal growth, journey,” which can be let go of once that part ends. Another may simply buy for the momentary experience, like traveling to a destination or going to the theater.
As stated before in a previous post, my personal benefit is more along the lines of experience, with being a source to align members with what/how an NFT may be of interest to them.
Looking at the future, if Sapien Medicine continues to grow, there will potentially be new issues. Having some structure or organization that has a base in preparing to respond, could be helpful. Here that would be NFT related.
I don’t think any of this can work.
I am not sure whether you are aware of it, but these are very socialist/communist ideas that you are proposing.
However, communism never works with humans.
It may work when ALL the work is 100% done by robots and AI.
But humans always need an incentive, reason, motivation, dopamine trigger etc. in order to do something.
In my opinion, nothing that you have proposed so far gives anyone a reason or incentive to participate in something that goes beyond what their are already doing.
The marketplace on the forum already regulates itself.
Like every free market does.
It is based on potential incentives, potential risks and levels of trust between various forum members.
No need to introduce hundreds of additional rules for “what if” cases.
That’s how governments kill their economies.
Communism never works.
Human nature is capitalistic.
People will act or not act depending on the potential outcome and risk involved.
It is a self-regulating mechanism.
You cannot get rid of it as long as human brains are wired the way they are.
If you want to introduce some new mechanism to the forum I suggest you start with first looking for a potential incentive for people to participate.
PS:
None of the NFTs just “sit passively” in the wallets of their owners. Even when not actively working with them, the fields behind the NFTs still work on their owners all the time.
There is simply no incentive of why I should lent my NFTs to some library where strangers will be able to lend it out and then disappear with them forever. This is like an invitation to be voluntarily robbed, lol.
Just like in a socialist or communist society where robbery is enforced by the government.
Thank you for writing and sharing your view.
I suppose that is a possible interpretation but I’m not viewing it as such. The SM place could be a library, second hand shop (e.g. thrift, pawn, exchange), gallery, etc. These would all include some monetary exchange, and such places exist within capitalist countries with varying levels of activity/success. I also stated buying & selling, and lending - but wasn’t explicit about a lending fee, interest, etc.
I listed several but can reply directly here.
Time, Ease, Convenience. Some examples:
A buyer/seller could go to the buy/sell thread, but after posting, checking every day, questioning whether to lower the price to sell/buy, there is no guarantee that an exchange would take place. There may not be a seller and there may not be a buyer for the NFT. If its a older or less popular NFT, people may not know about it or have any interest in it.
Something that would take less time, be easier, and more convenient, would be to sell/give the NFT back to Sapien Medicine for a lower price. But the transaction would be guaranteed to occur. The advantage for SM is that if someone wants to buy an NFT, it may be easier going SM then trying their luck on the buy/sell thread. This can be especially true for limited prints that may otherwise be sitting in someone’s wallet, who may or may not had tried selling on the buy/sell thread but couldn’t find a buyer at the time.
If SM is lending out NFTs to active forum members, then the price to experience an NFT could be significantly lower then purchasing one. More members could learn to better identify what type of NFTs they more highly value, and place more of their attention. This could go along with the idea of having more freedom and awareness in choosing the life a person is creating for themselves.
As it is currently, the best option that I’m aware of, is to trade often, but this leads back to the Time, Ease, Convenience, and the higher possibility that even if the person finds an NFT of interest, the trade offers may not be agreeable.
Rarer, older, difficult to find NFTs. Would be easier to go to one place first, then going to the thread or asking around and around.
As it is currently, I would agree that the marketplace on the forum does well and already regulates it self. An SM place would be an additional option to the market.
“hundreds of additional rules for ‘what if’ cases” wouldn’t be necessary.
For someone lending an NFT, and it is lost/stolen, could be as simple as receiving a different numbered copy, a monetary amount, or some other agreeable condition.
For someone that cheats/steals, e.g. an active forum member, their name would be known and a level of trust would be broken - similar to not paying or sending an NFT on the market place.
This is helpful to know. I’m not sure how many people here are aware of this. In my personal experience, as mentioned in a previous post in this thread, I feel that I’m limited in how much I’m working with an NFT that is just sitting in my wallet. Like if I was to recall it, carry a printed image, visually engage, or listen to the audio, the difference in work would be at least more than 80%.
A possible incentive is to receive some fee or interest for when the NFT is lent, for how long, etc. Another incentive is sharing an NFT that may be well aligned with a person, and potentially have a significant impact on how they become more aware of and live their life.
These wouldn’t be complete strangers. These would be active forum members whose names, posts, personal messages have been recognized, familiar, in spending time here.
Right now I’m asking if such an idea could potentially be approved, and whether there is any interest in doing so.
Sounds like a lot of work with only a moderate benefit, when considering what has already been done
Okay, let me address your arguments one by one.
Please note that I am mostly speaking here from my own perspective.
Who will organize this and pay for this?
Then it requires admin and IT security stuff because whereever money flows, things get complicated. And then also every money transfer could be subject to local and international taxation.
This would require a lot of resourced from the SM team.
Too much hassle for a few bucks.
The easiest, quickest and most convenient way for me is to simply buy the NFT that I need once and then just keep it. That’s it. One transaction.
With that I only need to check the reliability of my trading partner once.
And if the SM team would do these transactions, then again, who and why would pay for that to be organized?
Yes, that’s how a free market works. No guarantees.
People need to use their own brains and learn to manage money, assetts and risks.
The NFTs are already worth much more than what SM is selling them.
Selling them back at a loss or away makes no sense to me.
And why would SM be willing to buy back their own already sold products?
If an onwer can’t sell his NFT on the buying/selling thread, why would then all of a sudden the SM team be able to sell it?
What is the incentive for SM to do all of this? This requires staff and administration, i.e. time and money.
Okay, but who will pay for that service to be organized and maintained?
No need for that. People go into the buying/selling thread and simply list what they want or offer. That’s it.
Again, who would organize and pay for it?
And why would we want an additional place in the first place. I don’t understand. Everything can be done through the buying/selling thread and through private messages.
This will be subject to scammers. People will simply claim their NFTs “were stolen” and then claim money from SM? This will never work.
The penality of broken trust is completely useless and only applies to possible future transactions.
It does not bring stolen NFTs back.
The goal is to prevent theft in the first place.
Not to put some random scammer account on a black list.
Also, one bot could simply farm the whole library wallet and steal all the NFTs there in 5 seconds and then dissappear forever. I see no option how this can be done safely.
I think most should be aware of this.
We have people here who own more than 100 different NFTs and still buy more, lol.
The interest is not worth the hassle.
No one will get out of bed in the morning for a few bucks.
Just buy the NFT and keep it.
Or just sell it for a proper price and that’s it.
How that? All the info is here on the forum and search functions works.
Nothing difficult here.
Coming back to my questions:
What’s in it for the SM team for offering this?
Who would pay for all of this to organize, program, secure and financially transact?
Very kind of you to address each response one by one. The thought of wasting some time occurred, but I’ll at least say thank you for caring and speaking your perspective.
As a prototype, trial-run, one consideration was me to personally lend out several of my own NFTs, with little or no cost. But I’m not sure what SM team would think of that/approve, and what could potentially happen if it started to scale.
If enough money where to flow (which is less of my personal interest), and it became worth the process, then doing admin /IT security may be necessary, with following taxation laws, among other concerns.
In a word timing. Markets and the people involved in them change.
As a whole, perhaps I’m looking more at the future than what is current.
These are key questions to ask. The way I think about it is, what would be of value to people currently involved, and what would be of significantly increased value as foreseeable changes occur. Then create and offer a structure that matches that value.
From a business perspective, for the SM team it could be money, engagement, marketing, sales, aligning further with a purpose/mission. I don’t know what’s of priority/interest.
Whoever would decide its worth doing at each stage.
None of this has to be done by Sapien Medicine Team.
I view it as a very moldable idea. Some may find interest and see possibilities worth doing, and some may not. To be clear, I’m not asking or suggesting that anyone do anything. I’m asking about SM’s view on the idea of NFT lending, e.g. approval, and whether there is any interest.
The NFTs that you own, you are their owner and they are your property.
You are free to lend them out or rent them or sell them to whomever you want.
You don’t need SM’s permission for doing so.
If you want to do this via the forum, then either post in the buying/selling thread something like “renting out NFT XYZ for X $ per month”, or create a private messaging group with other forum members who are interested in lending out their NFTs to each other. Such private message groups for NFT exchange already exist by the way.
Thank you for the clarity and current norm of doing things.
Yeah ok I was not expecting that lol.
People like you are the future. That was really solid
and a very cool take on it.
Because clearly you thought this out - like the passion is beyond evident and even though I have no idea myself how that would work out- you at least set the ball in motion (or at least for him to consider)
I think in a way- I can’t say for the ones already created because I’m not a tech wiz (and out of respect to the group leaders/ members / collaborators etc) this could be a thing. Some day- because like
he already has some audios that work like a rental. It’s on the site ( not the SapienShop site but the other site)
Maybe new ones may be developed like that ?
I think as time passes by. And people vouch for stuff like this it’s very possible.
Thank you for your input.
I think anything is possible. If there are areas like enough relative interest, value, and alignment then that will be realized.
I would agree that it is leaning more towards the future. And of course aim to be respectful with anyone involved. Starting with sharing an idea and listening to people’s views is hopefully a good start.
Having past models/precedents can definitely ease conceptualization, and possible transition. There are also plenty of ways to introduce something (e.g. product/service/experience) with wide appeal.
If something like this were to be put in motion, I would like to be involved. I’m also learning to be increasingly accepting of whatever happens in any given moment.
I think the only good idea is reselling?
But there is nothing in it for SM team.
I mean, I’d feel safer buying from a shop (owned by Dream-Sammy) than from someone on the forum.
Maybe some company already has some service that would allow for this. Otherwise it isn’t worth it for them.
And said service should be cheap too. Venly market is there. You can list your stuff there for sale too…but they take an humongous fee plus commission.
Thank you for adding to the conversation.
Most of the time I personally can’t say what’s “in it” for someone else. They may or may not be viewing something of value that I’m not aware of.
On the reselling idea there are some good points.
-
There is already trust with Dream-Sammy by the forum members.
For the buy/sell thread, while there is potential risk, there is opportunity to begin building trust with forum members. -
A resell shop could be cheaper than other markets that may be available
An example of what could be “worth it” for the SM team and forum members.
Checking as of this post, if one were to go to the Sapien shop and check the number of available unique NFTs, they would see that at least 101 are listed as “Out of Stock.” If someone was seeking an out of stock NFT, what would be the process to find one, and how long would that take? Would they find it in a day, a week, if at all? Would the price also be agreeable?
Alternatively, someone could sell back an NFT to the shop at a lower price than originally purchased, and then could be listed back on the Sapien shop or somewhere different.
And that’s only for the Solana ones. AFAIK there isn’t a Sapien shop for the Venly (Polygon blockchain) ones.
Of course, none of this may be of any interest. It’s just an example of an idea.
my ideas was just to send/give away to the store, and once it is sold again, they take a commission.
Besides the commission, the incentive is simply having happy customers. You buy legally from the stores without fears and worries, and nobody get scammed.
But I dunno if this is possible at all cause blockchain transactions are still expensive. So probably no company would help with this for cheap. Prices would go way up and all for those companies, not for Sapien or the NFT owners.
Agree that commission could also work, and having happy customers may simply be enough.
Buying/Selling/Trading between individuals isn’t that much. To take a step in the direction between a formal shop and customer, I guess it would be helpful to research what the options are for blockchain transactions, whether/how to involve another company, and if there are any trends/insight into likely fluctuations in costs. Would be worth investigating before actually setting up.
Consider viewing the womb healing thread
Might help you out
And reviewing the financial protector thread, the best path in life thread, the servitor thread (patreon), order by three thread, and a thread from 1.5 years back where someone asked what to do about playing audios when a bunch of people that work in their house (who aren’t related to them) are there…the answer is discreetly answered by the person who likes the first responder’s comment
The answers we all give, are derived from there :)
*also check out the threads like emotional alchemy , Sapien shop reworked, etc
I mean I could etch each comment where it’s made very clear by him but I think I’ve already given enough stalker vibes lol (sorry Dream welp)
Oh no, I just saw this. Whoops ;
I will edit this comment later and respond but until then
I am sorry it has been difficult navigating but thank you for bearing with us- the reason why it’s sometimes complicated is not intentional but because Dream is like really humble
(That’s why Sam is there -but like even then; he’s just one human- and like that’s why some of us end up replying lol. Like for me: whenever I respond to questions like this
it’s because I have fully interacted with the subject at matter (but that’s not to say I can’t be wrong) regardless,
do not fret,
(I just gtg for now lol) (but I will copy and paste their comments- just gotta get my stalking mode on and re-find the exact answers)
Forum feature idea : unlike a post if possible.🧚♀
Like a thumbs down? Ive seen a system like that set up on Reddit. Ive seen some communities downvote to smithereens very useful information bc biasness and possibly other factors