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Dan Olson (Folding Ideas) has been making the rounds regarding his research into NFTs and discord NFTs. It's an interesting read. The public link interview though is on Benzinga though: https://www.benzinga.com/markets/cryptocurrency/21/11/24062124/exclusive-dan-olson-on-the-downside-of-the-nft-hype-machine He also did a podcast with Digitally Rare. Two guys who are artists who are "pro-NFT" but dislike the financial incentives involved right now with NFTs.. they believe NFTs are the future for artists but I think its a reasonable interview (haven't finished yet though) https://anchor.fm/digitallyrare/episodes/wb3--and-NFTs--w-Dan-Olson-e1a7r2u If anything, read the interview, you learn about how the two different types of rugpulls, how NFTs try to get people who got in on a bad NFT to join their NFT.. and finally what makes for a successful NFT (spoiler, lots of money for marketing).
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# ? Nov 15, 2021 19:55 |
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# ? Jun 7, 2024 02:49 |
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No matter how many times people try and explain it I just can’t understand how nft could possibly be “good for artists” in ways that non-nft solutions do also
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# ? Nov 15, 2021 19:57 |
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https://twitter.com/CoinersTakingLs/status/1460114763199832066?t=oh47vsC-25NkOL9Se4Dxcg&s=19
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# ? Nov 15, 2021 20:03 |
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Gutcruncher posted:No matter how many times people try and explain it I just can’t understand how nft could possibly be “good for artists” in ways that non-nft solutions do also blockchain
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# ? Nov 15, 2021 20:04 |
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Gutcruncher posted:No matter how many times people try and explain it I just can’t understand how nft could possibly be “good for artists” in ways that non-nft solutions do also
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# ? Nov 15, 2021 20:05 |
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LordArgh posted:blockchain Where do I wire the money?
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# ? Nov 15, 2021 20:06 |
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Gutcruncher posted:No matter how many times people try and explain it I just can’t understand how nft could possibly be “good for artists” in ways that non-nft solutions do also A password encrypted zip file containing the .psd file and high res copy of the image is more secure and more unique than any NFT, and as an added bonus actually contains the image you paid for.
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# ? Nov 15, 2021 20:06 |
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Alan Smithee posted:https://twitter.com/CoinersTakingLs/status/1460114763199832066?t=oh47vsC-25NkOL9Se4Dxcg&s=19 But how can one tell the difference between real nft art and random emoticons?
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# ? Nov 15, 2021 20:07 |
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i tried to keep an open mind but the two guys general statement seems to be, "yes we understand things can be copied..." ..... and that's it.. they seem to be okay but i just don't see their vision of how its going to help artists other than giving them money from patronage.
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# ? Nov 15, 2021 20:08 |
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Strong Sauce posted:Dan Olson (Folding Ideas) has been making the rounds regarding his research into NFTs and discord NFTs. It's an interesting read. Don Olson is great and he obviously gets it, but lmfao at the guy interviewing him who writes at the end of the interview: "Conclusion Blockchain technology has an absolute value and utility"
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# ? Nov 15, 2021 20:09 |
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Gutcruncher posted:But how can one tell the difference between real nft art and random emoticons? and yet you participate in art subjectivity curious!
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# ? Nov 15, 2021 20:15 |
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Gutcruncher posted:No matter how many times people try and explain it I just can’t understand how nft could possibly be “good for artists” in ways that non-nft solutions do also
The NFT itself provides zero value. It's a marketing vehicle. You've suddenly found a fresh audience who wants to send you money for... nothing... except marketing yourself in a slightly different way. Why do they want to send you money? So that someone else sends them more money than they sent you in the future. Except you're not running the scam - you're selling a link to art you hopefully, but don't necessarily, own. It's not very useful for artists or anyone, really. At least not as it exists now. If the copyright system used an NFT system and stored the actual image instead of a link to some random place hosting it [that will one day be defunct] then maybe it'd provide some value, but that would open up endless new problems. so yeah it's useless unless you can convince people to send you money who would not have sent you money without it Khorne fucked around with this message at 21:03 on Nov 15, 2021 |
# ? Nov 15, 2021 20:16 |
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Gutcruncher posted:No matter how many times people try and explain it I just can’t understand how nft could possibly be “good for artists” in ways that non-nft solutions do also it incentivises guys to buy art who were previously categorically opposed to any artwork that didn't have Rick Sanchez or an Avenger on it on the downside, the artist is basically superfluous to the transaction (as is the art, but some pretend it isn't), won't see a dime, and good art is anathema to an NFT community with millions of dollars staked on vacuous "but what is art, anyway?" defenses of their picrew monkeys A Wizard of Goatse fucked around with this message at 20:27 on Nov 15, 2021 |
# ? Nov 15, 2021 20:22 |
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drk posted:anyone who unironically uses the term "bullish": lol
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# ? Nov 15, 2021 20:47 |
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A Wizard of Goatse posted:it incentivises guys to buy art who were previously categorically opposed to any artwork that didn't have Rick Sanchez or an Avenger on it Right, but if you're a lazy scammer, both the fools and their money are seemingly endless
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# ? Nov 15, 2021 20:55 |
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in the lazy scammer's defense, the evidence strongly supports them
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# ? Nov 15, 2021 21:23 |
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Just lol at all the tryhard artists in the world. There are essentially no living artists who can compete with badly drawn [item name]s.
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# ? Nov 15, 2021 23:59 |
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Cnn10 -- a news show literally for children -- did an episode on cryptocurrency today, and while I wanted to kill myself while over explaining crypto and why it's a scam to 8th graders, they do a surprisingly competent job of discussing the issue, if you ignore the fact that they are buying into the idea that crypto is anything useful whatsoever. They even have a cranky economist declare crypto is a scam. Show it to your soft brained friends and maybe they too will not invest in the Bitcoins.
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# ? Nov 16, 2021 00:32 |
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I forget what podcast, but heard and artist make the argument that the digital art market place has always been second fiddle to physical because of the copy problem, and he saw the value in NFTs because if he minted them himself they would be the only ones that were "signed" by him, or his wallet address. Thus giving equivalent value as a physically signed art price vs a reproduction. I feel like this has been the only somewhat compelling argument I've heard, but can't people just do this with normal PKI? And not the Blockchain/NFTs? Like digital signitures have been a thing for a while - why "mint" anything?
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# ? Nov 16, 2021 00:58 |
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Are there really that many buyers who buy NFTs from artists they like? All the hype I'm seeing is about the lovely mix and match style monkeys/cats/whatever, not any original and good art.
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# ? Nov 16, 2021 01:07 |
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Salt Fish posted:Don Olson is great and he obviously gets it, but lmfao at the guy interviewing him who writes at the end of the interview: Lmfao this absolutely rules
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# ? Nov 16, 2021 01:32 |
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I need to get into the NFT game. Lemme pull up MS paint really quick and put something together
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# ? Nov 16, 2021 01:40 |
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Gutcruncher posted:But how can one tell the difference between real nft art and random emoticons? Emoticons have a communication function for online wordless emotional formats. The only thing NFTs communicate is “Idiot here.”
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# ? Nov 16, 2021 02:07 |
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ChronoBasher posted:I forget what podcast, but heard and artist make the argument that the digital art market place has always been second fiddle to physical because of the copy problem, and he saw the value in NFTs because if he minted them himself they would be the only ones that were "signed" by him, or his wallet address. Thus giving equivalent value as a physically signed art price vs a reproduction. It's an imbecilic argument. 100% of the money in art that isn't locked up in rich guys trading the same Damien Hirst piece back and forth is in digital or otherwise readily reproducible media, because you can... reproduce them and sell the work over and over again. The richest oil painter or marble sculptor or whatever in the world doesn't make what a moderately successful musician loses between his couch cushions, possibly excluding one or two who've made it big selling prints. If JPEGs of picrew monkeys have never had market success before, it's not because everyone's just so bigoted against digital media and reproductions, it's because they're hideous trash nobody wants even now except as an appendage to a harebrained get-rich-quick scheme. A Wizard of Goatse fucked around with this message at 02:42 on Nov 16, 2021 |
# ? Nov 16, 2021 02:23 |
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lmao https://twitter.com/IAmGryphoneer/status/1460103849323204612
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# ? Nov 16, 2021 02:28 |
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Yeah, I donate to some webcomic Patreons because I like the artist and want to reward their work. If this was about helping artists there is already a medium for doing so that doesn't involve scammery and setting the Earth on fire.
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# ? Nov 16, 2021 02:28 |
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ChronoBasher posted:I forget what podcast, but heard and artist make the argument that the digital art market place has always been second fiddle to physical because of the copy problem, and he saw the value in NFTs because if he minted them himself they would be the only ones that were "signed" by him, or his wallet address. Thus giving equivalent value as a physically signed art price vs a reproduction. Art, even "blue chip art", has no inherent value beyond how much you enjoy looking at it, which is completely detached from "market value". It's all a scam.
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# ? Nov 16, 2021 02:58 |
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im late as hell to this but lmao was someone really trying to defend USDT like the coin that's currently under federal investigation because they claim to be backed by the dollar but their proof for that is "trust me bro"
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# ? Nov 16, 2021 02:59 |
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How many NFTs would it take to contain the entire John Galt speech as comic sans in images? Asking for a friend...
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# ? Nov 16, 2021 03:00 |
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Doug Sisk posted:How many NFTs would it take to contain the entire John Galt speech as comic sans in images? Asking for a friend... given that all an NFT is is a JSON token with a url in it... one?
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# ? Nov 16, 2021 03:01 |
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Three Olives posted:Art, even "blue chip art", has no inherent value beyond how much you enjoy looking at it, which is completely detached from "market value". It's all a scam. nothing has inherent value
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# ? Nov 16, 2021 03:06 |
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Doug Sisk posted:How many NFTs would it take to contain the entire John Galt speech as comic sans in images? Asking for a friend... A cartoon man with a speech bubble that says "MINE!" would suffice.
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# ? Nov 16, 2021 03:08 |
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Three Olives posted:Art, even "blue chip art", has no inherent value beyond how much you enjoy looking at it, which is completely detached from "market value". It's all a scam. Lifehack: If you want to feel like a rich person, look for online auctions for charity galas for rich people pet causes (e.g. Gay unhoused dogs with Yale MFAs). Rich People/Rich People Stores are always dumping miscellaneous "expensive" art & objects that they won't sell/consign for pennies on their alleged value. Three Olives fucked around with this message at 03:22 on Nov 16, 2021 |
# ? Nov 16, 2021 03:10 |
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When WW3 hits special ops teams will be sent into irradiated zones to rescue precious NFT's from the burnt out husks of churches and museums in order to preserve the cultural heritage of their people.
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# ? Nov 16, 2021 03:50 |
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A Wizard of Goatse posted:nothing has inherent value The wise goon sits beneath the waterfall for many days, contemplating the inherent value of all things. Many days pass and the villagers begin to grow concerned. “You there! Wise one who considers the sound and the sensation of the fresh water, what secrets have you discovered?” But the sagacious goon doesn’t stir, as some villagers begin to tell each other they can see a small smile— perhaps a great revelation is looming? “You there! O contemplative and wizened one! What whispers does the stream offer you?” Yet still the wise goon’s sly smile sits petrified beneath the glistening spray of the waterfall. Then, once called upon by a child who shouts to the goon: “master! The internet has decided to sell worthless hotlinked jpegs to each other for many millions through the most blatant money laundering scam/gold rush in modern history!” And then the wise goon did speak. He held up a hammer in one hand “this can be used to build, destroy, kill and protect”. With his other hand he beheld a great golden bar: “this can entice many to provide goods and services”. He drops them both into the water, to be carried away to the ocean, angering the villagers. The wise goon then speaks over the crowd’s chatter and commotion: “actually nothing has inherent value”. Then the goon returns to his quiet meditation under the waterfall, smiling a small smile while contentedly making GBS threads himself all day
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# ? Nov 16, 2021 06:57 |
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jokes posted:The wise goon then speaks over the crowd’s chatter and commotion: “actually nothing has inherent value”. Then the goon returns to his quiet meditation under the waterfall, smiling a small smile while contentedly making GBS threads himself all day You can dry out and burn the poo poo as fuel. Koan p0wned
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# ? Nov 16, 2021 07:01 |
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jokes posted:The wise goon then speaks over the crowd’s chatter and commotion: “actually nothing has inherent value”. Then the goon returns to his quiet meditation under the waterfall, smiling a small smile while
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# ? Nov 16, 2021 07:16 |
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https://twitter.com/LukePlunkett/status/1458892434637680650
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# ? Nov 16, 2021 07:25 |
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Don't people already exchange items /accounts for money... Actual money I mean.
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# ? Nov 16, 2021 08:20 |
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# ? Jun 7, 2024 02:49 |
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keep punching joe posted:Don't people already exchange items /accounts for money... Actual money I mean. But this is different! In an NFT-based game, there's a tacit approval of that aftermarket by developers. It's like having all of the goodness that was brought by Diablo 3's real-money auctions without being able to extract any profit from it. What sane developer and/or publisher wouldn't jump on such a golden opportunity?
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# ? Nov 16, 2021 08:34 |