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abigserve
Sep 13, 2009

this is a better avatar than what I had before
Why's it all monkeys? Why do they all look like dogshit?

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Ghost Leviathan
Mar 2, 2017

Exploration is ill-advised.

abigserve posted:

Why's it all monkeys? Why do they all look like dogshit?

There's no reason to use good art for this. You want something recognisable and minimum-effort to hawk your fake nerd pogs to the most credulous idiots.

Hungry
Jul 14, 2006

abigserve posted:

Why's it all monkeys? Why do they all look like dogshit?

You know how scam emails are written badly in order to filter out people who are less likely to fall for the scam? Same thing.

Tunicate
May 15, 2012

abigserve posted:

Why's it all monkeys? Why do they all look like dogshit?

Because the AI-generated waifu NFTs didn't make it out of beta.

busalover
Sep 12, 2020

Tunicate posted:

Because the AI-generated waifu NFTs didn't make it out of beta.

actually yeah why isn't that a thing. loli poo poo must do gang-busters. but wait no then you can't show it off to your friends & the world.

Tunicate
May 15, 2012

Apparently they decided that their collectible waifu technology was better suited to a smartphone app.

https://twitter.com/PreferredNetJP/status/1369469604532080641?s=20

Shifty Pony
Dec 28, 2004

Up ta somethin'


abigserve posted:

Why's it all monkeys? Why do they all look like dogshit?

In order of importance:

1. It makes churning out 10,000 images easy, quick, and cheap. Couple hundred bucks on fiverr cheap.

2. The variations stand out, but not too much. That lets anyone tell at a glance that turdmonkey #402 is different than #8402 and spot desirable rare feature XYZ. But the general lovely quality also hides where the random features meet with the base image so it doesn't end up looking like an old cartoon where the dynamic stuff sticks out like a sore thumb. That keeps you from needing to touch up the images and keeps the cost down.

And 3: It indicates that the value is in something other than the art itself. If the NFTs were valuable because of the art there would be a hard limit on the value - the cost to commission something similar (which, as I posted above is about 2.5¢-7¢ per in bulk) - but since that's clearly not the case there's no real limit. The exception here are NFTs where you can't readily commission a replacement like the Beeple ones.

Sashimi
Dec 26, 2008


College Slice

Liquid Communism posted:

Literally everything there was done by Gorillaz 20+ years ago.
Except for the part where Gorillaz made good music.

Random Stranger
Nov 27, 2009



drk posted:

Seemingly: https://boredapeyachtclub.com/#/terms

Interestingly, you can seemingly only display the art if "the website/application cryptographically verifies each Bored Ape owner’s rights to display the Art for their Bored Ape to ensure that only the actual owner can display the Art". Wonder if this makes use on sites like Twitter effectively illegal?

99% of images displayed on Twitter including in profiles are violating copyright, trademark, or both. I wouldn't worry about it.

kw0134
Apr 19, 2003

I buy feet pics🍆

Jose Valasquez posted:

I’d point 1 is true why do you need point 2 and 3 and why are they subject to “your continued compliance with these Terms”

It’s either yours or it isn’t
Yup it's legally incoherent and there are questions as to whether any further resale would bind the subsequent owners to those specific terms. And of course having such a written agreement undermines the claim that the NFT per se has any legal meaning. A deed or a contract is legally self-sufficient (within certain parameters). The NFT is a legal third wheel, but everyone here knew that already.

Mega Comrade
Apr 22, 2004

Listen buddy, we all got problems!

kw0134 posted:

Yup it's legally incoherent and there are questions as to whether any further resale would bind the subsequent owners to those specific terms. And of course having such a written agreement undermines the claim that the NFT per se has any legal meaning. A deed or a contract is legally self-sufficient (within certain parameters). The NFT is a legal third wheel, but everyone here knew that already.

The first lawsuit involving NFTs is gonna be wild. Transcripts of lawyers struggling to explain it to judges. Be almost as good as that wolf porn legal case.

funeral home DJ
Apr 21, 2003


Pillbug

Mega Comrade posted:

The first lawsuit involving NFTs is gonna be wild. Transcripts of lawyers struggling to explain it to judges. Be almost as good as that wolf porn legal case.

The transcripts are going to be Star-Trek-esque technobabble interspersed with "Explain to the jury" and "Can you repeat that" about every 3 or 4 lines, before a Freeman-On-The-Land claim is made at the last minute. It'll fuckin' rule.

Ghost Leviathan
Mar 2, 2017

Exploration is ill-advised.

funeral home DJ posted:

The transcripts are going to be Star-Trek-esque technobabble interspersed with "Explain to the jury" and "Can you repeat that" about every 3 or 4 lines, before a Freeman-On-The-Land claim is made at the last minute. It'll fuckin' rule.

Sovereign Citizen tier nonsense is basically built in from the start.

Blotto_Otter
Aug 16, 2013


Jose Valasquez posted:

I’d point 1 is true why do you need point 2 and 3 and why are they subject to “your continued compliance with these Terms”

It’s either yours or it isn’t

This thread has been hollering about Tether's terms of service off and on for, what, four or five years now? None of the terms of service of anything crypto or NFT related actually make any goddamn sense, it's all about posting a bunch of legal-ish word salad that people associate with big legitimate businesses. It's cargo cult lawyering, none of it would hold up under scrutiny but that doesn't matter because it won't come under scrutiny as long as people are making money off of it.

Facebook Aunt
Oct 4, 2008

wiggle wiggle




I know deep down we all feel real bad about missing the boat. But now you change all that. You too can get the authentic BITCOIN MILLIONAIRE experience!





https://www.aliexpress.com/item/1005003248592772.html

You know this has intrinsic value because, unlike bitcoin, it is made of genuine metal. Well, matter.

PhazonLink
Jul 17, 2010
How would boat club even enforce some of their dumb poo poo, like wouldnt they need spy hardware and software similar to that anti porn fundies try to use and that the MPAA & RIAA want to use. (btw these dont work and was easy to bypass)

Prurient Squid
Jul 21, 2008

Tiddy cat Buddha improving your day.
If NFTs are cargo cult art market like you guys insist, how long before they discover ways of "glitching" NFTs like a rare postal stamp printed backwards? Or maybe a certain tulip bulb with a fungal infection?

jokes
Dec 20, 2012

Uh... Kupo?

It’s funny that people think NFT art things are a new scam, when art is already a major major scam.

It’s not the art part that’s the stupid scam, the NFT part is the even stupider scam. They’re spending millions on postits written in ballpoint ink that says “I own Monna Lisa at Loov” when owning the actual piece of art is worth something.

If you’re wondering why the art industry exists as it does, the answer is also tax fraud, scams, and money laundering.

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.

jokes posted:

It’s funny that people think NFT art things are a new scam, when art is already a major major scam.

It’s not the art part that’s the stupid scam, the NFT part is the even stupider scam. They’re spending millions on postits written in ballpoint ink that says “I own Monna Lisa at Loov” when owning the actual piece of art is worth something.

If you’re wondering why the art industry exists as it does, the answer is also tax fraud, scams, and money laundering.

Its art but with more bitcoin :viggo:

jokes
Dec 20, 2012

Uh... Kupo?

Like we make jokes about people making things more complicated and stupid by taping bitcoins to it, and NFTs are exactly that situation applied to the art industry.

It’s always dumb, but it isn’t newly dumb. It’s just dumber.

A Wizard of Goatse
Dec 14, 2014

Prurient Squid posted:

If NFTs are cargo cult art market like you guys insist, how long before they discover ways of "glitching" NFTs like a rare postal stamp printed backwards? Or maybe a certain tulip bulb with a fungal infection?

what does this even mean

deadwing
Mar 5, 2007

Prurient Squid posted:

If NFTs are cargo cult art market like you guys insist, how long before they discover ways of "glitching" NFTs like a rare postal stamp printed backwards? Or maybe a certain tulip bulb with a fungal infection?

every lazy lion is uniquely ugly as gently caress

jokes
Dec 20, 2012

Uh... Kupo?

Some collectors of things think imperfections are more notable and thus worth more. Like a charizard card with an error on it.

Since it’s digital, though, they are always 1:1 perfect copies. This should be a good thing but crypto idiots disagree.

Gutcruncher
Apr 16, 2005

Go home and be a family man!

A Wizard of Goatse posted:

what does this even mean

“Shiny” NFTs. Only a 1 in 10 million chance! Such a good investment!

Random Stranger
Nov 27, 2009



jokes posted:

Like we make jokes about people making things more complicated and stupid by taping bitcoins to it, and NFTs are exactly that situation applied to the art industry.

It’s always dumb, but it isn’t newly dumb. It’s just dumber.

Which is why I called it a cargo cult art market. They saw the art market and scams and tried to do the same thing. Only they shoehorned crypto in and forgot the art.

A Wizard of Goatse
Dec 14, 2014

Random Stranger posted:

Which is why I called it a cargo cult art market. They saw the art market and scams and tried to do the same thing. Only they shoehorned crypto in and forgot the art.

all crypto is just day trading speculation but offered by a more reputable and trustworthy source than stockbrokers, like anonymous online child merchants

Zil
Jun 4, 2011

Satanically Summoned Citrus


jokes
Dec 20, 2012

Uh... Kupo?

the blockchain is just an infinite chain of people saying “that guy is disgusting and sells child brides and fentanyl. Buy mine instead” and then someone iterated on it, replacing “child brides” with <art or whatever> but keeping the drugs.

happyhippy
Feb 21, 2005

Playing games, watching movies, owning goons. 'sup
Pillbug

jokes posted:

It’s funny that people think NFT art things are a new scam, when art is already a major major scam.

It’s not the art part that’s the stupid scam, the NFT part is the even stupider scam. They’re spending millions on postits written in ballpoint ink that says “I own Monna Lisa at Loov” when owning the actual piece of art is worth something.

If you’re wondering why the art industry exists as it does, the answer is also tax fraud, scams, and money laundering.

One of the major differences is that art is for the rich. They invest in it, they get scammed by it.
Are there any ways for poor people to invest in art? And no one on earth thinks that banksy drawings or ancient busts are going to be a form of currency in the post apoc times.

Strong Sauce
Jul 2, 2003

You know I am not really your father.





jokes posted:

It’s funny that people think NFT art things are a new scam, when art is already a major major scam.

It’s not the art part that’s the stupid scam, the NFT part is the even stupider scam. They’re spending millions on postits written in ballpoint ink that says “I own Monna Lisa at Loov” when owning the actual piece of art is worth something.

If you’re wondering why the art industry exists as it does, the answer is also tax fraud, scams, and money laundering.

The art industry, stuff that sells for millions on up, is definitely used to evade taxes and for money laundering and the like. Is a Picasso worth 10+ million? I'm not sure... but it's probably worth a decent amount of money even if the nefarious aspect of the art industry was removed.

What I'm trying to say is.. art, in human culture, has [subjective] value. People appreciate it for one reason or another and because of its actual scarcity, commands a price point.

NFTs... don't even have that. They try to copy a real life scarcity that just doesn't exist in a digital world.

jokes
Dec 20, 2012

Uh... Kupo?

Don’t look into how much rich people get paid to exhibit their artwork at museums that are subsidized by taxes and entrance fees.

deadwing
Mar 5, 2007

Strong Sauce posted:

NFTs... don't even have that. They try to copy a real life scarcity that just doesn't exist in a digital world.

this is why, out of all the nfts, i hate music nfts the most. what I like about digital music is that it isn't scarce! if I find out about some loving obscure band that only released one EP recorded in their garage 10 years ago, odds are I can plug them into bandcamp and pay them for their music, it loving rules! i don't want them minting 10 NFTs and disappearing into the ether or whatever, like their tapes or burned demo cds would have in an age before digital music.

and don't loving even say that 'blockchain solves these files from disappearing' art nfts aren't even on chain there's no loving way you're fitting a flac file on there. i'll take bandcamp who's managed to stick around for 13 years instead, thanks

jokes
Dec 20, 2012

Uh... Kupo?

The best thing about crypto people is that they produce and treasure nothing of real value, they’re also too stupid to even liquidate and carry cash.

The worst thing is that some things of value will be lost forever chasing crypto bucks like some music or whatever.

Shifty Pony
Dec 28, 2004

Up ta somethin'


Prurient Squid posted:

If NFTs are cargo cult art market like you guys insist, how long before they discover ways of "glitching" NFTs like a rare postal stamp printed backwards? Or maybe a certain tulip bulb with a fungal infection?

The "glitches" are built in from the start in the form of the randomness of the algorithm used to mash together all the images. They put different weights on the different features to make a few that are extremely rare and thus "worth" more.

It's like how TY intentionally made some beanie babies with defects, except instead of a half dozen being made with a miscolored leg it is stuff like a gold coloration only happening in three apes out of the 10000.

nomad2020
Jan 30, 2007

happyhippy posted:

One of the major differences is that art is for the rich. They invest in it, they get scammed by it.
Are there any ways for poor people to invest in art? And no one on earth thinks that banksy drawings or ancient busts are going to be a form of currency in the post apoc times.

What's the NFT equivalent of digging around the local thrift shops in search of a lost Picasso?

Vashro
May 12, 2004

Proud owner of Lazy Lion #46
non fraud related art purchases are for decoration and will never be resold. What do these idiots expect to decorate? their second life bachelor pad?
Id like to see a break down of how many NFTs actually resell, even counting wash trades and such it couldn't be a big percentage

A Wizard of Goatse
Dec 14, 2014

don't the lazy lions and poo poo also come with NFT dollhouses (sold separately) so you can do precisely that

e-bling has already been established as a fairly lucrative market entirely independent of crypto poo poo, for people who I assume don't have any IRL friends to show off to but still feel the urge. Like maybe someone out there's trying to flip their Steam skins and Star Citizen spaceships but that's way secondary to the portion of the market who just wants the flashiest most exclusive virtual spaceship

A Wizard of Goatse fucked around with this message at 20:49 on Nov 12, 2021

LanceHunter
Nov 12, 2016

Beautiful People Club


Vashro posted:

non fraud related art purchases are for decoration and will never be resold. What do these idiots expect to decorate? their second life bachelor pad?
Id like to see a break down of how many NFTs actually resell, even counting wash trades and such it couldn't be a big percentage

Decoration, or to flex hard by having "On loan from the (rich family) collection" on a plaque next to the artwork in the local museum. And, occasionally, it's just to support an artist you think is cool. I remember this news piece on this couple of NYC who weren't really rich, but didn't have any kids and so they had enough extra money to find up-and-coming artists they liked and so they were often the first people to buy art from artists who would later go on to be massive.

https://www.youtube.com/watch?v=ec7LeGgc2Do

Apparently there was a documentary about when they finally gave all their art away.

https://www.youtube.com/watch?v=kQTDgowxcVY

zedprime
Jun 9, 2007

yospos

Vashro posted:

non fraud related art purchases are for decoration and will never be resold. What do these idiots expect to decorate? their second life bachelor pad?
Id like to see a break down of how many NFTs actually resell, even counting wash trades and such it couldn't be a big percentage
But also most people would never need to resell a house they are living in, yet *gesticulates wildly at the market*

I don't think function enters into half the things people do with money these days.

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Gutcruncher
Apr 16, 2005

Go home and be a family man!

Vashro posted:

non fraud related art purchases are for decoration and will never be resold. What do these idiots expect to decorate? their second life bachelor pad?


Twitter profile pics apparently?

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