NFTs

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  • jagara6

  • _niko1

    So visiting open sea briefly, I guess the formula for Ferrari moneys is

    1. Make a monkey/ape character
    2) re-draw same ape/monkey hundreds of times but in different costumes
    3) ?????
    4) Profit!!!!!

    • There is no profit nikoooo!
      All those sales are fake man lol
      Just to attract attention and noobs to buy into this shit lol
      grafician
    • until some celebrity buys one tho' LOL

      oh boy
      grafician
    • yeah so WTF is happening here? https://opensea.io/c… all theses sales are fake?_niko
    • like seriously? those are the dumbest, no-effort pieces of shit I've ever seen and they sell for tens of thousands???_niko
    • Here look at the bids LOL
      all wash trades/bots
      https://bit.ly/3GIoX…

      literally 1 offer per second LOL
      grafician
    • so you see, it's all bots buying each other shit every 10-15 mins

      then you see on the news "NFTs are now a $10B market" YEAH RIGHT lol
      grafician
    • I know people who have made a ton of money... so the wash/bot meme is not exactly trueinteliboy
    • It's exactly true, see the links posted

      You know some people means shit
      grafician
    • lets hope phanlo gets in on the action with his dickbutt serieshans_glib
    • _niko theres lots of low effort shite. buy that if you like it.microkorg
    • But DYOR and only invest in stuff that looks legit and has a good roadmap. BossBeauties for example partnered with Marvel and their prices have been rising.microkorg
    • I bought two for £188 each in october. Not getting offers near £3k each. I'll be hodling a little longer ;)microkorg
    • *Now getting...microkorg
    • no good enought artists have to become traders it seems...neverscared
    • Do 'real' art collectors all have to become traders or can they stay collectors? Same with NFT. ¯\_(ツ)_/¯microkorg
    • E-pill did that with superheroes. He should do nftscarabin
  • _niko2

    $131,000
    Average NFT sale price on November 12, according to The Block — an all-time high. But the news wasn’t all good — the total number of art and collectible NFTs (not including gaming) recorded last week fell to 86,870 — around three times less than in October.

    • not sure what this means. surely most people making NFT's are making a few bucks no? maybe a handful are raking it in but $131k average seems insane._niko
    • The highest someone I actually know in real life has made is £40,000 for a jpgPhanLo
    • I believe WW3 is around the corner when you see idiots pouring millions into NFT’s. We live in a massive bubble that’s about to pop really hard.NBQ00
    • more like another financial crash and ecological desaster ... together worse than ww3.... greed what can u do... some people never learn..neverscared
    • Some idiots spending $676m on some material with paint on it over at Sotheby's at the Macklowe auction too. Def WW3 looming.microkorg
    • Spending dollars on a painting.
      Spending crypto on an NFT.
      [drake dot jpg]
      palimpsest
  • microkorg3

    So https://www.hicetnunc.xyz/ just shut up shop and added 'discontinued' to their Twitter.

  • Gabriel5

    Today 18:30 CEST 3rd drop

    https://t.co/OkST0TxmKj?amp=1

  • PhanLo4

  • 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
  • colin_s3

    The big difference I find between Bitcoin and NFTs is ideological. Proponents of BTC, for better or worse, are all about forward-thinking. Decentralizing currency in the face of globalized capitalism is practically a digital era survival instinct.

    The big irony about NFTs is they are more market-based in their essential concept than anything else, providing the concept of ownership above any other function. That's practically antithetical to the base idea of art as it serves in its social function.

    I think with all of this technology, we're basically apes using rocks to smash things open. At some point, these ideas will be refined into hammers, but for now it's all a blunt instrument, and we're just hitting random shit to see what happens. The monetary stuff I understand, but NFTs seem relatively foolish in the scope of concepts for human creative development.

    • never put something on the market which is not well refined ....neverscared
    • ...unless it's first press olive oil.Nairn
    • The thing about NFTs is, they're a single use case for the block chain. Ultimately, an NFT is a smart contract. A smart contract can be used for any type ofmandomafioso
    • public record. Cardano is working with the Ethiopian government for school registration. But they could be used for anything from voting to real property deeds.mandomafioso
    • @mando yeah i get that it's interesting tech, thus the 'rock' metaphor- i just don't think it's appropriate as an idea as some savior of art for the digital agecolin_s
    • It's more of an outlet for interactive and digital-based art. I can own a canvas but what if I want to own a sick ass 3d generative piece? NFTs ftwmandomafioso
    • u dont own the piece... only a token with zero owning value value .. u can also buy sick ass 3d generative piece like the industry did before crypto.. itsneverscared
    • slower, but better.neverscared
    • NFTs are a symbolic gesture, like farting on a cat. Immediately satisfying, but ultimately pointless and entirely ephemeral and gestural.Nairn
    • very true, the token idea is funny for an atom second, but degrades into useless and then to toxic waste...neverscared
    • when u include the operating system its running on.neverscared
    • The difference between them is that they aren’t remotely comparable. Bitcoin is a commodity traded on exchange. NFTs aren’t that. They aren’t even a thing.monospaced
  • grafician5

    Remember NFT’s?

  • pablo285

    Highest Valued Living Painter David Hockney: NFTs are for 'Crooks and Swindlers'

    • he's calling Paris Hilton a crook / swindler? that's hot.Krassy
    • Says the old guy yelling at the clouds.utopian
    • The same thing that art dealers have been doing for over a century. Hoarding art, driving up perceived value and scamming other buyers and collectors.utopian
    • Nah. Dealers actually sold art, so in effect this is nothing like NFTs.monospaced
  • microkorg4

    Thanks for all the positive feedback.
    A collector (thats got some clout) had sent me a DM and we got into conversation. He liked idea but suggested I'd priced too high for launch and to reduce prices until there was a buzz.

    So went and reduced prices and have restricted to 2 memberships per clan available at the moment with more being released in the future.

    https://opensea.io/collection/nf…

    So memberships now like $40-60 each instead of hundreds. So hopefully more likely folk take a pop.

    • Sweet. Nice concept, well executed :)Gnash
    • Do you also give them an actual tartan?Beeswax
    • Well played. It's nice to see work that takes the medium into account. You are making the most out of this collecting trend.palimpsest
    • No actual real tartan. But could give them a vector file they could get made into a tartan I guess ;)microkorg
    • Thanks Palimsest. Just need to make my first few sales to get the ball rollingmicrokorg
  • Krassy7

    NFT is to digital imagery (not art) what VIP bottle popping douchebaggery is to cheesy nightclubs

  • NBQ003

    Looks like Beeple is a bit of a scammer then: https://twitter.com/swordandsnor…

    I wonder how often he did stuff like that?

    • well he did a new thing every day...I am sure he borrowed general ideas from people...seems like a bullshit controversydkoblesky
    • it says in the email it was a tribute to her...don't go there....there is plenty of other stuff to get upset about in this....dkoblesky
    • It's called capitalism.utopian
    • Now you see that all these crypto bros think they also own the original artwork, not just the NFTs?grafician
    • Not to mention tokenizing tweets randomly without any permissions?! Try to get out of that "cancelling" messgrafician
    • what dkoblesky saidsted
    • https://twitter.com/…sted
    • borrowing ideas? more like stole geometry...its not only neurons he took but bits and bytes and sold.neverscared
  • ernexbcn0

    beeple's collage of 5000 daily pieces was sold in auction at Christie's for 69 million

    https://www.theverge.com/2021/3/…

  • antimotion5

    @grafician -

    Thanks for the mention! I absolutely agree that an artist like DP and a few other folks here could totally rock the space. And thanks for posting Justin’s guide - I’ve sent that to a few folks as well - it's a great overview.

    Throwing my cards on the table here - truth be told, it's been a challenge to sell, but I am pushing hard and have made some real progress... Slowly but surely.

    A point I'd like to add to this discussion as to WHY I am being so "bullish" to use a crypto/trading term is that for years it's been nothing but rejection in the form of auto-reply or crickets when I sent work to illustration houses and agencies. I lost count of how many emails I’ve sent - I wouldn’t be lying if I said it was in the thousands. This is a long period of time of course, through economic highs and lows. But rejection nonetheless was and is a constant.

    Rejection aside, I’ve never been one to back down or get depressed. Disappointed sometimes of course because we’ve all tried to be a part of something that we were absolutely sure we would fit, but it wasn’t written in the stars that time...

    Originally, I got into graphic design because I loved Rave Flyer art, collecting them in the early to late 90s going to parties on the east coast. I felt like some of the pieces were literally like holding another dimension in the palm of my hands. I had never seen work like that - odd illustrations that weren’t exactly sci-fi or fantasy, but something else. It was an underground form of art that can be compared to any other movement - impressionism, surrealism, etc. But I don’t think it had a name to the best of my knowledge... That doesn’t mean that it wasn’t “something.” It affected me and literally changed my trajectory career-wise. Graphic design allowed me to create art where I could inject my love of that electronic energy, technical prowess, illustrative nature, and story - abstract or otherwise. I have that same feeling now...

    This NEW movement is moving fast - no pun intended... The SITUATION is a trend, but the ART is not. The art is real and is as real as it’s ever been - the technology to bring it to the masses is simply another production step much like adding gloss finish to a collage or running a screen-printed tee shirt through a dryer.

    What the technology brings to some of the artists that have been producing digital works is justification and specificity to some of the pieces... Yes, there are some who will take advantage of an easy route - copy and paste, but as horrible as that feels, they themselves are making a statement. Warhol comes to mind with his mass-produced art - a picture of a can of soup that he himself didn’t design, yet, he made it substantial because he looked at that can from a different point of view - an artist’s point of view.

    I of course can’t speak for other artists, but for me, this has been nothing short of an open door - and unlike some of the aforementioned agencies that wouldn’t even allow for a small peek inside, the crypto art community has been nothing less than open arms.

    • Idk, I think you do great stuff, but you need a bigger following to capitalise, as with anythinggrafician
    • because with art, any art, you don't buy the work, you buy the name, you buy the prestigegrafician
    • and coming back to you, have you considered developing some IP for a anime series or something related? instead of pitching agencies and the like?grafician
    • Thanks again G for good points - yes, have thought about IP and may have some balls in the air, but I actually pay the bills via design for clients.antimotion
    • I'm pushing hard to flip that and grow the base as you mentioned.antimotion
    • One thing re. follows however - beeple for instance sold a ton, but it took 15 years to get there... and of course Paula Scher's famous note about citi logo:antimotion
    • "It took me a few seconds to draw it, but it took me 34 years to learn how to draw it in a few seconds"antimotion
    • I feel positive about this movement and urge creators to try in a more "why not" mode rather than "why bother" - this is of course an opinion of one ; )antimotion
    • Consistency is key here, actually from what I've read, instagram and the social media algorithms love consistencygrafician
    • My first job in the mid 90s was at a print shop that did a lot of nightclub passes and rave fliers. The rave guys would come in stoned and stay hours.CyBrainX
  • dopepope3

    There's two aspects that appeal to me. As a digital artist, there's no 'original' in the way there is one for an actual tangible painting or drawing. Those originals can be sold for large sums of money, and cherished. This NFT thing allows there to be in essence, an 'original' of a digitally created piece. And that can be sold as such.

    Secondly, when an artist sells their original painting, and then that new owner sells it to another, the original artist gets no money from that secondary sale. But once an NFT is made, any resales kick back to the artists wallet for life (with some caveats), thus making 'flippers' work for them, as opposed to being the scourge of the art world.

    • I'm good with any kind of sale of something I make on something purely for myself. That alone is cool. Soon, I hope.dkoblesky
    • The built-in royalty system seems like a good idea. So if I take a screenshot of your art and just use that instead, why does an NFT have any value after that?zarkonite
    • What stops you from sending me one of your works as a JPG by email with a MD5 hash and me sending you money for it on cash app boom done deal!grafician
    • you can also add a contract that says you get 10% of any future sales in perpetuitygrafician
    • no need for NFTs, otherwise anyone can argue that all this is a scheme to pump ETH price (apparently it's working)grafician
    • I think it breaks down for me when you say it makes an “original” of the digital file. You just can’t convince me that’s valuable. It seems like a faith issuescarabin
    • indeed. I guess you're putting faith in the crypto, and faith in the artist, and faith in the tech.dopepope
    • and grafician, nothing stops you from doing that. This is just another way of doing that.dopepope
  • toomanypillows3

    • Does the buyer gain the intellectual property? Like it’s fully licensed and they can sell toys and stuff of it? Or do they just get to say they own a GIF?scarabin
    • I don't know. It is all very confusing at a certain point. Ask MC Hammer. He probably knowsdkoblesky
    • That would be the nature of the contract.dopepope
    • "Owning this piece grants the following stats:

      Charisma +10
      Luck +10
      Happiness +15"
      grafician
    • @scarabin Pretty sure nobody thought about those things, this thing with NFTs is just making it up as they go for nowgrafician
    • Start a company, buy Nyan Cat, turn it into a real brand, profit (>Million-Dollar Ideas thread)grafician
    • I don’t get NFTs ...atomholc
    • sold for 300 ETH lolgrafician
  • microkorg1

    Amazon launching NFT marketplace tying tokens to physical goods.

    • There's being late to the party.
      Then there's being so late to the party, the city clean-up crews have already sprayed off the vom on the pavements.
      Continuity
    • I don't think it's an NFT art platform. They are somehow tying the NFT to physicals and maybe even on their own Blockchain.microkorg
    • the next 98% tradewash thing coming like opensea 2.0neverscared
    • Pathetic attempt to squeeze out some blood from that NFT stoolcrazyprick
    • Fools, they're about two years too late to the party. Are they even remotely aware that the NFT market has evaporated?utopian
    • a marketplace driven by 98% washtrade is nearly an evaporated marketplace from the start...neverscared
    • what year is this??Krassy
  • neverscared4

    • The Party's overNBQ00
    • NFT should have been assigned to a fair value of the vehicle as part of the receipt. That's all they're good for.imbecile
    • Starting at $240k? Who was the moron that decided that? $240ea might have gotten a few to cover the cost of giving the car away.formed
    • er, $100k I guess, probably more for the collectibility of the car. The NFT is worthless without it (and worthless in general).formed
    • If they had just auctioned the car it would have worked, for at least more than $100k.formed
  • neverscared1

    27 most expensive recorded NFT sales in January amounted to $1.3 billion — but came from just two crypto wallets trading on the NFT platform LooksRare, Reuters reports. Meanwhile, the top 100 sales that amounted to $2.3 billion came from just 16 wallets.

    https://futurism.com/the-byte/ev…

    • Not sus at allbabydick
    • On nografician
    • from one pocket into the otherKrassy
    • https://www.youtube.…Bluejam
    • If you are trading NFTs use Nansen.so to track all this sort of stuff and realise it’s a scam.shapesalad
    • Shape, YES washtrading and big sales back and forth ARE a scam. Just as there are scams/wash methods in FIAT.microkorg
    • BUT there is a legit side too of artists and collectors on the small scale. Doing what they do happily and also unhappy about all the cryptobros/washes/sc...microkorg