Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens
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Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens

THELOGICALINDIAN - Theres a new website the crypto association has been discussing alleged The NFT Bay a web aperture that operates in a agnate appearance to The Pirate Bay TPB because the belvedere hosts a huge alternative of NFTs stemming from assorted blockchain platforms for chargeless On Thursday the web portals architect appear a book alleged The Billion Dollar Torrent which claims to authority all the NFTs from Ethereum and Solana

‘The Massive NFT Heist:’ Pirate Bay Clone The NFT Bay Sparks Heated Discussions

During the aftermost year, non-fungible badge (NFT) collectibles accept apparent massive acceptance and billions of dollars accept been spent on these agenda items. Meanwhile, a abundant cardinal of bodies in the crypto amplitude anticipate NFTs are abandoned and bodies can artlessly appropriate bang the NFT angel and own the artwork after paying. It’s been a acrimonious altercation anytime back NFTs were introduced. The agitation became even added controversial in March back an NFT immutability agitation ensued and crypto supporters accent how NFTs were actuality deleted and images were actuality replaced.

Months after as NFTs abide to acceleration in both acceptance and value, an alone tweeted about an absorbing web aperture alleged The NFT Bay. “OMG who appropriate clicked all of the #NFTs?” the alone tweeted on Thursday. The alone alleged Geoff additionally larboard a torrent articulation hosted on The NFT Bay (thenftbay.org) alleged “The Billion Dollar Torrent,” which hosts all the non-fungible badge assets stemming from Solana and Ethereum. After the cheep got bags of brand and retweets, Geoff said he was headed to bed but larboard some press statements behind.

The NFT Bay operates in a agnate appearance to The Pirate Bay (TPB), because the belvedere hosts a huge alternative of NFTs stemming from blockchain platforms. It contains a articulation to the torrent area users can advantage a torrenting belvedere to download the seeded files. The NFT Bay absolutely looks like a carbon of TPB and has the aforementioned website blush arrange and uses TPB’s logo too. The capital folio has a bulk of alone NFTs and filters for NFTs from collections like Bored Ape Yacht Club, Cryptopunks, and Axie Infinity.

The book Geoff tweeted about alleged “The Billion Dollar Torrent,” has a book for Ethereum-based and Solana-based NFTs. The description additionally says: “If you like these NFTs, amuse buy it. The artists accommodating in artifice deserve support.”

In Geoff’s columnist statements, it asks why he absitively to do this and the acumen accustomed is “Art.” Moreover, afterwards discussing his background, Geoff explained a little added about the axiological acumen abaft thenftbay.org. The columnist statements hosted on Github note:

‘Underlying Technology Is Amazing, Greed and Scamming Is Sickening’

In accession to the affidavit abaft the web portal, Geoff additionally aggregate his accepted booty on NFTs. Geoff thinks that the account and amount of NFTs will appear from amusing media platforms.

“For abounding agenda representations is > concrete representation and (if/when) Twitter/TikTok (discord backed abroad from it) cycle out the adeptness to affectation ability on a amusing media contour that will be a axis point,” the columnist statements explain. Geoff added said that the action over Twitter’s dejected absolute checkmark is a absolute archetype of why absolute affidavit of associates could be key. “All of this, however,” Geoff stressed. “Could be accomplished after blockchain.”

“What bodies dream to body with ‘web3’ is absolutely amazing,” The NFT Bay architect concluded. ”The basal technology, not so abundant and the greed/scamming activity on is sickening. The dreams for a altered approaching admonish me of the internet in the 2024s. What’s alluring actuality is the communities are actual able and can self-fund the analysis phase. Where it goes pear appearance is back ‘we gotta get new claret in to [a] pump/dump.’”

The catechism is how abundant amount will bodies put into this alleged “NFT heist,” as bodies may artlessly apathy the torrented files as not actuality ‘the true’ and absolute NFTs. The altercation on absolute buying and artlessly right-clicking a JPG or PNG book has raged on for absolutely some time, and is acutely still unresolved. In fact, it aloof may booty the analysis of time, possibly alike years, in adjustment to appraise the accuracy of NFTs in the approaching and their amount as well.

What do you anticipate about The NFT Bay and Geoff’s columnist statements about the project? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, The NFT Bay website,