NFTs
NFTs
Out of context: Reply #195
- Started
- Last post
- 849 Responses
- dkoblesky-3
What is interesting to me, and makes me think something real is happening here.....is how MAD people get about it.
Like babydick...but he is not alone...I see people on twitter using language like 'this needs to be destroyed and wiped off the face of the earth!' and I am like...whoa....calm down
- if they were directly benefitting from it, i'm sure they would sing differently.futurefood
- indeed. this current bubble is obviously ridiculous and the tech needs to mature. But it isn't going anywhere.fadein11
- Was reading about interactive NFTs y'day. Couple of markets already doing them.fadein11
- Fuck beeple though, mostly shit work and ridiculous price.fadein11
- All the screaming really does remind me of the late 90's and early 2000's though.fadein11
- def. I remember everyone and their mother wanting to be on treadless to make T's.dopepope
- if it draws from that time it highly like will end like the dot com crash...just with some extra enviroment toxicity on it.neverscared
- Ya, the reaction to trump was a bit overboardGnash
- wasn´t threadless always free ? and no fee-gas for submitting ?neverscared
- i dunno peeps who have a following will make some money like usual. just feels like the everyone can be an influencer craze all over again.jonny_quest_lives
- artists who sell their work for a living know how difficult it is to get peeps to buy things... for every artist that has a 100k plus followers how much revenuejonny_quest_lives
- do those followers generate? I imagine the numbers are pretty dire.jonny_quest_lives
- peeps click the heart icon a lot but clicking a sale through the webshop is a another story.jonny_quest_lives
- The lifetime commission built in to NFTs is a game changer for creatives. Yes, it isn't quite right now but it likely will be. This tech and market will mature.fadein11
- it still lacks a tangible commodity... if a print or certified edition came with the nft maaaybe but a fucking token associated to an image url? hard pass.jonny_quest_lives
- A lot of the big NFT sells have included tangible itemsfadein11
- @fade like i said maaaybe but an artist whose work i genuinely like was discussing how this was just easier for them and was better than making a printjonny_quest_lives
- and going through the "hassle of selling and shipping it" so if the artist feels a print is a hassle this is their market i guess.jonny_quest_lives
- i see positives and negatives and unfortunately once scammers and grifters take hold in a marketplace it becomes very hard for that marketplace to mature b4jonny_quest_lives
- peeps are like fuck it that whole thing is a scam.jonny_quest_lives
- what i still don't get... as an artist you could do a print run of 500 limited editions of your art. signed and numbered.jonny_quest_lives
- printing and shipping depending on print size if u stick to 11x17ish total cost maybe $1500 to $2000 w/shipping. say you're popular and you sell out that setjonny_quest_lives
- low end $25 per print high end $50 per print... thats either $12k low end $25k high end for a 500 edition mid quality print run of your work...jonny_quest_lives
- i see NFT's listed on the low end .2 to .5 ETH. 1.5 ETH seems a bit high to me what is that like $2500? so $70 to100 to mint potential return of 2500 per mint?jonny_quest_lives
- so either model it seems like more of an established artist i business not for someone with a small fanbase/name recognitionjonny_quest_lives
- yep for sure, like anything on the net it's all about following and/or visibility. the video I posted above discusses a lot of the points you mention.fadein11
- some interesting articles above/belowfadein11
- @fade and that's why i don't outright dismiss it because a successsful artist entering the space will probably see success as well as the advantages due tojonny_quest_lives
- their following so from a business standpoint it's a no brainer... but as an emerging artist i recommend some skepticism and maybe a more traditional approachjonny_quest_lives
- during this manic/mania phase as it seems all this is blind luck or who you know right nowjonny_quest_lives
- and some just looks like money laundering
https://foundation.a…jonny_quest_lives - totally, I find it interesting as another disruption of traditional markets. It has huge problems. And this bubble is insane. Beeple's piece only has value as afadein11
- potential historical artefact. It's a terrible piece of art.fadein11
- The curated marketplaces are actually very good, lots of really interesting stuff. And there is a certain aesthetic at play. Something slightly original.fadein11
- Lold at "like babydick, but he is not alone"********
- i wonder how much money laundering they will find, nuffin to be too proud of the be an artist, but then the world is fucked anyway so why not cash in..neverscared
- just live with the consequences, its not eco friendly so dont be whining like a little boy when u get called out... just say .. fuck the enviromnet i need theneverscared
- moneys...https://www...neverscared
- You guys forget the buyers are basically crypto bros, as nobody in their right minds would buy NFTs with real cash********