NFTs

Out of context: Reply #98

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  • grafician-1

    ^

    "If NFTs are the future of art, they certainly are not a revolution but rather a reinterpretation. Being christened as “important” is still essential. With the traditional art houses now moving into the space, even the conventional gatekeepers aren’t going anywhere. Spending $1,000 to create a collection is not accessible to everyone. The technology is clunky (though getting better), even if cute foxes make it appear approachable.

    Where do NFTs go from here? More tools will come out to make it easier to buy, create, sell, and display. As others have pointed out, with any painting, the physical materials might only represent $100 of cost, the rest of the value is “virtual.” It’s the context, the narrative, the story, the provenance. NFT art perfectly captures these underlying forces. Humans have been seeking ways to collect, signal status, and be part of larger narratives for thousands of years. Now we’re just going to be doing it with digital images.

    And my NFT career? The next morning I received a bid of .05 ETH (about $76) for each of my four NFTs. The Ethereum gas fees for accepting the bids? $88...each.

    But I sold one, because even if I lost $12 on it, I’m now, technically... a professional NFT artist."

    https://onezero.medium.com/how-i…

    • there's other platforms other than eth you know, so the gas argument only works there.ESKEMA
    • ^who knows about them besides you?grafician
    • the discussion about NFTs is bigger than the underlying chainESKEMA
    • ^this thread is full of articles and info about how this shit is a bad idea, yet you continue to act like a crypto botgrafician
    • ^this thread is full of articles and info about how this shit is a good idea, yet you continue to act like a shit botESKEMA

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