

I’ve had the same thought. Can anyone make an instance and it’s automatically federated? It would make sense that to join the federation there would be an application process, gaining approval by receiving so many votes by already federated instances. But that doesn’t exist as far as I know and I’m sure would create a whole other set of issues and politics and skew the general idea here that this place is decentralized
Right, when NFT’s we’re going crazy, the pictures and shit didn’t make sense to me at all but there’s a huge opportunity for digital ownership of physical materials like cars or houses. It would make private sales/transfers easy. All title information on the house would be recorded and attached in the blockchain so when you go to sell your home, you can prove there aren’t any liens against the home and once financing has been approved, transfer the ownership on the blockchain and done. That’s where I always saw the practical application going but now nobody will take NFT’s seriously until it’s named something else and rolled out with government approval and systems in place or nobody will feel safe transferring such a large investment digitally