NFTs
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- grafician-8
"This Polish influencer just sold her love as an NFT for $250K"
"“Digital love is transactional, but so is marrying a man just because he is wealthy and stable, right?” Rentel told Insider, and added that the as-yet-unidentified buyer could just as well be “a woman or child who is very rich.”
Rentel said she was inspired by Italian artist Salvatore Garau, who sold an invisible sculpture as an NFT for $18,300 in May."
- Guess I'll start selling all the upvotes I get here lately lolgrafician
- They're very rare, so might be worth something in a few yearsIanbolton
- lolMrT
- a child that is very richdoesnotexist
- microkorg5
Sold a couple of 1/1's
Have bid on a PFP Generative Jpeg for $458 with some of my earnings. Daughter helped me choose it.
- Your daughter helped you spend money on nothing?monospaced
- nothing? at the very least it's a digital token with a jpeg associated that allows membership to a exclusive community.microkorg
- Owner didn't accept my offer. Was just chancing my luck hoping owner didn't realise the rarity of what they had.microkorg
- congrats on the sales! it feels pretty awesome seeing your piece in someones collection... its not nothing hahhahafreakpelican
- freakpelican-1
I feel like i've been in tech, art and specifically the realm of trying to find a legit way to sell+display digital art for WAYYYYYY too many years for it to be as complicated as it was for me to get an opensea.io account going.
The market has been fascinating to watch from a far and I can't keep ignoring the people that tell me "your weird art stuff is perfect for NFT's"
https://opensea.io/freakpelican
So i finally figured opensea is the best marketplace and least sketchy in my perspective so far...... but...... W T F it cost my $85 USD the first time i tried to offer a piece for sale. I just can't wrap my head around the GAS fees really needing to be this high, or rather even that they are needed at all.
- https://tryshowtime.… this seems like i promising network to show multiple collectionsfreakpelican
- The web design on that website is atrocious! Barely showing the artwork instead seems obsessed with sales: price history, offers, trading history...
Mehgrafician - Also Stats section as in a Top of artists, basically incentivising "artists" to upload and try to earn more? Hahaha it's a trapgrafician
- @freakpelican nice artwork bro, too bad it's featured in such a poor way...grafician
- I don't know dude... I am just trying to get into this world and make sense of it all?!? Glad someones downvoting my post tho hahahahafreakpelican
- freakpelican the gas is only a one time payment with OpenSea. On FOundation you've got to pay a minting fee and a listing fee for each piece!microkorg
- freakpelican2
Well... got gifted some ETH and then it led directly to a sale from this dude https://twitter.com/TankussArt after reaching out for some "how to NFT" help.
He literally taught me the ropes then bought my first piece!
WTF when did twitter get nice!!!
So my first I minted and then sold piece all in a days time! Really feeling this is a long overdue solution to digital art and i'm beyond excited this sold!
- How much?monospaced
- it was a gift of .5$ETH then with that to start i minted my piece and he bought it for .05 $ETHfreakpelican
- Someone on Twitter gifted you $1500 in ETH?!Nairn
- Whoops sorry... .05 ETH so it was close to $150. Then he bought a piece of mine i listed for .05 as soon as i listed it. So all in all he tossed .1 at me :)freakpelican
- congrats. yes the NFT art community is a good one.microkorg
- What exactly did the buyer receive?monospaced
- Like, a screenshot? Rights? Physical artwork?monospaced
- babydick2
NFTs. When growing up is not an option.
- freakpelican0
Ok, this is a fun new ride. I am on day two of listing pieces for sale and i have sold another piece and it just feels like it's too good to be true.
I cant shake it.... its just a really odd feeling to sell a PNG to a stranger.....
- Haha, yes it does feel odd, congrats on your listings flying off the shelf! sounds like you're doing things right or mixing in the right circles already!microkorg
- Twitter has made all this possible. After years of shitting on twitter and now its a major part of my day!freakpelican
- cherub0
@freakpelican: Next time just mint on tezos. The gas fees are much more newb friendly.
- microkorg2
Sold four jpegs at the weekend.
- shapesalad-3
is there any way to create some cool processing like abstract computer art thingy and then sell it as NFT?
- Yes.
The NFT is the art. You are selling/buying an NFT.palimpsest - hicetnunc has a lot of generative things
https://www.hicetnun…PhanLo - https://www.qbn.com/…palimpsest
- Why?grafician
- Punches for: abstract computer art thingybabydick
- I wouldnt be surprised if people already were using this software to generate series of nfts. I'm def going to check it out too.microkorg
- You can't generate NFTs with Processing.palimpsest
- Is processing just code animating? can you not output as movie/jpeg/sequence? You could just take screen recordings/grabs.microkorg
- Could easily knock-out a 100 piece collection in an evening that way.microkorg
- It's called GAN art, and it is the tech behind many of the most successful collectible NFT projects. I would love to show you the tech but...cherub
- I don't want it blowing up lol. Besides, there are too many trolls here. Suffice to say, you can use google CPUs to render out the GAN images.cherub
- Yes.
- microkorg1
So with some of the money I made from selling jpegs at the weekend I bought my first 'expensive' jpeg.
Had it minutes and already had offers for it for $150 more than I paid. Think I'll HODL for a lil bit.
- To the moon!palimpsest
- show the jpeg, or it didn't happenmonospaced
- nice one. <luddite>but i *still* don't really grasp this NFT concept </luddite>hardhat
- https://lh3.googleus…microkorg
- It's FameLadySquad No.7444
A project that caused an uproar when it was discovered men were behind it when they said it was women behind it.microkorg - the project has now been trnsferred to a group of all women to take over and they've relaunched it and re-roadmapped. because of this scandal it will go downmicrokorg
- in NFT history so i believe in the value of these. Had been keeping my eye on what was available and grabbed this when the owner halved the asking price.microkorg
- In rarity she is 174 out of 8888. Meaning she is top 2%. All others around her are valued (or for sale at) many times more than I paid.microkorg
- The fame lady squad is probably the most bankable thing you can buy right now. I wouldn't sell.cherub
- so ... I have a copy of the jpeg, but I got it for free, so what is the value and availability? really?monospaced
- Is my copy #178? Can I sell it?monospaced
- There's lots of articles on what an NFT is or isn't if you want to understand more about the art and collectibles.microkorg
- But isn’t it all kinda negated by the fact it can be duplicated so easily?monospaced
- If you aren't buying art, what exactly is the collectible? If anyone can have the art at no cost, why buy the NFT?monospaced
- mathinc0
Am I reading this right? This sold for $1.18 million?
- 375 ETHpalimpsest
- The Art world is dead. Not because of the merits of shit like this, rather because its been made utterly redundant in money laundering terms.Nairn
- ETH can be converted to $? Sorry, I'm not feigning ignorance, my ignorance is legit. I buy NFT sport cards.. but a site I use pointed me to thismathinc
- and I'm kind of shocked. Is this all money laundering?mathinc
- Do you think that a digital receipt of the 'art' you've posted could - in any viable universe - be worth $1.18M?Nairn
- It can be converted to $ but I'm pointing out that it's ETH because the transaction is buying hype with hype. Speculation on top of speculation.
It's beautifulpalimpsest - But wait, there's more.
I'm sure you're shocked that the trike image could be worth so much. But that image is not the NFT.palimpsest - palimset, what does this mean "that image is not the NFT"?mathinc
- It's going to be a bit long to explain so hang in there.
An NFT is a token, basically it's metadata.palimpsest - You cannot include a jpg in that token, it cannot contain it. And you are not buying the image, you are buying the token.palimpsest
- The NFT is just a receipt. This won't translate 1:1 but I'll use the movie ticket as analogy. You are buying a movie ticket.palimpsest
- the NFT is the deed indicating ownership of the image, not the image itselfkingsteven
- Except that movie (image) is available for all to watch, so you're not even buying the theater experience. You're just buying a ticket for a movie all can see.palimpsest
- It can sentimental value to you to have a ticket and you can put a price for it but you don't own the movie or the rights to the movie.palimpsest
- An NFT is a receipt that proves you paid for a receipt.palimpsest
- I have a series of tickets for the Loki series on Disney+ if you're interested.
;-)palimpsest - Okay thanks. I'll have to read something more in-depth. Thanks for trying to explain it, I know the comments section isn't a great format to do that.mathinc
- There's only one article I've found where someone really understands technology and theory:
https://www.oreilly.…palimpsest - For an art perspective into the nature of the artwork look into Danto's writings on Warhol's Brillo boxes.palimpsest
- Awesome thanks! Looking into it.mathinc
- @kingsteven
Sorry I missed your comment there, buddy.
That is the prevailing view and will probably be the case in the future after some legal disputes.palimpsest - But at the time an NFT does not replace a proper contract.
Again, when buying an NFT you are getting an NFT.palimpsest - yep, it's an agreement with the vendor with no legal backing, i'd say soon after legal precedence is set NFTs days of being synonymous with art are numberedkingsteven
- having a NFT representing a negative asset with a HSBC thumbnail alongside a beeple in your wallet will make quick work of thatkingsteven
- That's what I think is fascinating about it, the collective delusion.
Like when microkorg says :
"In rarity she is 174 out of 8888.. she is top 2%"palimpsest - heh, spinning the soul crushing idea that it took a mechanism for speculation to create a boom in digital art sales in to a romanticised democratisation of artkingsteven
- is where i draw the line, but i like that it's finally happeningkingsteven
- I love art and hate speculation. NFTs have never been about art for me. I see it as Etsy on steroids. It's not even a purer form of speculation, just a louder 1palimpsest
- I've said it before, but the only use I can see for NFTs is 'something to do with virtual objects in the metaverse /VR Space' but I don't know what that means.Nairn
- Nairn you are right NFTs are about to become massive within the metaverse and games. 888's 'The New World' a platform launching soon have partnered with a big..microkorg
- ..gaming company, In fact if you are already paying for extras/accessories/c... in games then you are already buying NFTs really. It's not a tangible thingmicrokorg
- I can totally understand everyones scepticism of NFTs. I've got into this world as a way to sell my digital art. In the past ive maybe sold some prints/tees..microkorg
- or had someone comment 'coooool' on a work I spent hours on then just posted on to my facebook (or myspace back in the day). Now theres platforms to sell it.microkorg
- I'm not going to mortgage my house and start bulling out on buying nfts. I'll save most of the money I make but some will go back investing into art i believemicrokorg
- in. doing this for fun, a hobby. sold all my synths etc, enjoying arting more, less stressful and i finish shit ;)So far this week I've made $3.5k selling jpgsmicrokorg
- more than i ever made in 25+ years of making music as a hobby! ;)microkorg
- Back to OP though yes ArtBlocks seem to be going crazy pricewise. Some featured artists going for crazy $
https://cryptoslam.i…microkorg
- Nairn0
Twelve-year-old boy makes £290,000 from whale NFTs
- shapesalad-1
Super interesting, thanks microkorg for the links:
https://tylerxhobbs.com/essays/2…
"THE NEW WORLD
Today, platforms like Art Blocks (and in the future, I’m sure many others) allow for something different. The artist creates a generative script (e.g. Fidenza) that is written to the Ethereum blockchain, making it permanent, immutable, and verifiable. Next, the artist specifies how many iterations will be available to be minted by the script. A typical choice is in the 500 to 1000 range. When a collector mints an iteration (i.e. they make a purchase), the script is run to generate a new output, and that output is wrapped in an NFT and transferred directly to the collector. Nobody, including the collector, the platform, or the artist, knows precisely what will be generated when the script is run, so the full range of outputs is a surprise to everyone.
Note the two key differences from earlier forms of generative art. First, the script output goes directly into the hands of the collector, with no opportunity for intervention or curation by the artist. Second, the generative algorithms are expected to create roughly 100x more iterations than before. Both of these have massive implications for the artist. They should also have massive implications for how collectors and critics evaluate the quality of a generative art algorithm."
- This is even more ridiculous a proposition, then - "Pay [something] to get a [receipt of a receipt] of a [thing that didn't exist until you paid for it]!". Why?Nairn
- If you ask me, it's doubling up on the buzz you get when buying. It's adding a gambling/chance element to a collectible.microkorg
- Collectors love mystery/blind pack collectibles. Kids love Kinder Surprise!microkorg
- Kinder Surprises cost a pound and come with free chocolate and an actual, physical thing to play with. Good to clarify that it's just a form of gambling tho.Nairn
- drgs3
- drgs0
When crypto markets crash, with coins/tokens you can at least dump them on an exchange. What exactly do you do with jpegs?
- You don't own the jpeg though.Nairn
- We need Palimpsest to summarise NFTs with the Stages of Clown Meme.Nairn
- Fucking LOL. You know me too well.
I thought I had already done it.palimpsest - Actually, you may well have done!
I'm nothing if not entirely unoriginal :)Nairn - I will just start making copies of the jpegs and sell them all.monospaced
- Live your truth.palimpsest
- drgs6