> In the situation above the benefit is you, the recipient, are never again dependent on Reddit to validate that award for you.
You're assuming that Reddit would create an NFT that doesn't grant them any special power. Why would they do that? Why wouldn't they create a blockchain NFT with an admin address that they own and which can do pretty much anything?
> Considering how much most HN users rail against centralized services and things others not to turn stuff off, it seems like the value is obvious to me.
You can be centralized on a blockchain though, e.g. using an admin address as I described.
Specifically in that using my API won't require you to pay him money. There are other reasons they'll claim but once you dig through the chaff that's what it comes down to.
How so? Why is it any better than a public API?
> In the situation above the benefit is you, the recipient, are never again dependent on Reddit to validate that award for you.
You're assuming that Reddit would create an NFT that doesn't grant them any special power. Why would they do that? Why wouldn't they create a blockchain NFT with an admin address that they own and which can do pretty much anything?
> Considering how much most HN users rail against centralized services and things others not to turn stuff off, it seems like the value is obvious to me.
You can be centralized on a blockchain though, e.g. using an admin address as I described.