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| ▲ | polotics 3 hours ago | parent | next [-] |
| to a certain extent, openrouter did manage to turn tokens into a currency. The fungibility is there, as much as you don't care so much if you're getting your token from novita or some other player, these become fungible. |
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| ▲ | dgellow 3 hours ago | parent [-] | | They aren’t trading tokens, they are a market for compute. The difference matters quite a lot. What you have in openrouter is the ability to exchange money for compute at the vendor of your choice. We are basically back to 2020 trying to get people to understand that an NFT is NOT the underlying asset it abstractly represents… | | |
| ▲ | pests an hour ago | parent [-] | | > The difference matters quite a lot. Please go on as I do not get your point. |
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| ▲ | topato 4 hours ago | parent | prev | next [-] |
| Isn’t this what Venice.AI is essentially trying to do? |
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| ▲ | victorbjorklund 4 hours ago | parent | prev | next [-] |
| A dollar bill and a euro coin isn’t fungible either. |
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| ▲ | osculum 4 hours ago | parent [-] | | ? In general, it is, unless it has some collector value, for example. |
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| ▲ | 13hours 4 hours ago | parent | prev [-] |
| Yet |
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| ▲ | dgellow 3 hours ago | parent [-] | | Tokens are minted then consumed. You cannot trade them, by definition. What would it even mean to trade a token? You can maybe trade a voucher that allows you to then redeem it for some token generation (aka compute), but the tokens themselves don’t make sense to be tradeable. And because they aren’t fungible you cannot swap a token for another one, that’s just not what LLMs are | | |
| ▲ | pests an hour ago | parent [-] | | I think you are reading too much into the "fungible" term. No one is talking about trading tokens. The idea being that getting your tokens from Provider A is no different than Provider B, especially if they both offer the same model. You can change one value in a request to openrouter and suddenly be hitting a different provider but offering the same tokens, because they offer the same model and the same settings. |
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