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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by London Town 1 on Nov 8, 2021 23:14:29 GMT 1, Will be interesting to see what the final sale price is for this one. Partly to see the depth and demand for banksy works. That's a reasonably low price but clearly not as famous/intricate. If this does well, it might have a knock on impact on the print equivalents.
Will be interesting to see what the final sale price is for this one. Partly to see the depth and demand for banksy works. That's a reasonably low price but clearly not as famous/intricate. If this does well, it might have a knock on impact on the print equivalents.
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toshspice
New Member
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January 2006
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by toshspice on Jan 5, 2022 11:47:59 GMT 1, Completely missed the result on this pre-Xmas auction
A pair of Banksy artworks โ โTrolley Huntersโ and โLove is in the Airโ โ were sold at auction last night for 3,093 Ethereum, almost $15m.
The paintings were purchased through Sothebyโs, which accepted the worldโs second-largest cryptocurrency for the first time.
Trolley Hunters was sold for 1,607 ETH ($6,698,400), while Love is in the Air was snapped up for 1,938 ETH ($8,077,200) โ both around a million dollars above their estimate.
www.cityam.com/pair-of-banksy-paintings-bought-with-ethereum-at-sothebys/
Completely missed the result on this pre-Xmas auction A pair of Banksy artworks โ โTrolley Huntersโ and โLove is in the Airโ โ were sold at auction last night for 3,093 Ethereum, almost $15m.
The paintings were purchased through Sothebyโs, which accepted the worldโs second-largest cryptocurrency for the first time.
Trolley Hunters was sold for 1,607 ETH ($6,698,400), while Love is in the Air was snapped up for 1,938 ETH ($8,077,200) โ both around a million dollars above their estimate.
www.cityam.com/pair-of-banksy-paintings-bought-with-ethereum-at-sothebys/ |
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by London Town 1 on Jan 11, 2022 0:24:34 GMT 1, For a moment I thought the trolley hunters was a print..!
Still impressive values!
For a moment I thought the trolley hunters was a print..!
Still impressive values!
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pollz66
New Member
๐จ๏ธ 321
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May 2008
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by pollz66 on Feb 21, 2022 19:18:10 GMT 1,
Only a couple of days to go before the CryptoPunks collection auction at Sothebys NYC.
The single lot - comprising 104 different NFTs - comes with an estimate of $20-30million. The auction house describe the distinctive NFTs as "a symbol for the democratization, demystification and decentralization of the mercurial world of cryptocurrency. "
Will we be witnessing an historical artworld milestone? Or watching some mug throwing serious dollars down the toilet?
Either way it will be entertaining to watch.
www.sothebys.com/en/digital-catalogues/punk-it?cmp=actn_NFT_gg_dis_sar_live_NFTN22_en_44614_smtrg__ovr_disstat_lrn__&s_kwcid=AL!13028!3!582383721034!!mesg.ebay.co.uk!d!!&gclid=Cj0KCQiAjc2QBhDgARIsAMc3SqQ0Ixmn-yl9FYsAZZckV7ep5rdFmL0V3K8V3IBHQnSB3AcNtHLunqoaAp5KEALw_wcB
Only a couple of days to go before the CryptoPunks collection auction at Sothebys NYC. The single lot - comprising 104 different NFTs - comes with an estimate of $20-30million. The auction house describe the distinctive NFTs as "a symbol for the democratization, demystification and decentralization of the mercurial world of cryptocurrency. " Will we be witnessing an historical artworld milestone? Or watching some mug throwing serious dollars down the toilet? Either way it will be entertaining to watch. www.sothebys.com/en/digital-catalogues/punk-it?cmp=actn_NFT_gg_dis_sar_live_NFTN22_en_44614_smtrg__ovr_disstat_lrn__&s_kwcid=AL!13028!3!582383721034!!mesg.ebay.co.uk!d!!&gclid=Cj0KCQiAjc2QBhDgARIsAMc3SqQ0Ixmn-yl9FYsAZZckV7ep5rdFmL0V3K8V3IBHQnSB3AcNtHLunqoaAp5KEALw_wcB |
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by New Wave Dave on Feb 21, 2022 22:12:56 GMT 1, So over these, especially Cryptopunks. It's like a party that is going on far too long.
So over these, especially Cryptopunks. It's like a party that is going on far too long.
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WOOF
Junior Member
๐จ๏ธ 4,464
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March 2014
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by WOOF on Feb 21, 2022 22:44:06 GMT 1, So over these, especially Cryptopunks. It's like a party that is going on far too long.
Might wanna get used to them and others, they're not going anywhere anytime soon.
So over these, especially Cryptopunks. It's like a party that is going on far too long. Might wanna get used to them and others, they're not going anywhere anytime soon. |
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by New Wave Dave on Feb 21, 2022 23:00:14 GMT 1, So over these, especially Cryptopunks. It's like a party that is going on far too long. Might wanna get used to them and others, they're not going anywhere anytime soon.
So over these, especially Cryptopunks. It's like a party that is going on far too long. Might wanna get used to them and others, they're not going anywhere anytime soon. I'm not so sure. There's a project participant cycle that gets really tiresome after awhile. A real fatigue sets in. And NFTs have really gotten such a reputation for douchebaggery that I can easily see it come crumbling down. Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises. |
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Deleted
๐จ๏ธ 0
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January 1970
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by Deleted on Feb 21, 2022 23:11:04 GMT 1, Sometimes sounds like a bookshop that doesnโt want to adopt the internet on this forum.
Sometimes sounds like a bookshop that doesnโt want to adopt the internet on this forum.
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WOOF
Junior Member
๐จ๏ธ 4,464
๐๐ป 4,762
March 2014
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by WOOF on Feb 21, 2022 23:46:12 GMT 1, Might wanna get used to them and others, they're not going anywhere anytime soon. I'm not so sure. There's a project participant cycle that gets really tiresome after awhile. A real fatigue sets in. And NFTs have really gotten such a reputation for douchebaggery that I can easily see it come crumbling down. Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises.
With all due respect, saying things like, "Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises." reveals you aren't even remotely close to, or informed about, the space. I'm not going to bother to list all of the ways you're wrong, but i'll just say as one example, I own an NFT from a clothing brand. That clothing brand recently sent me royalties for using my imagery on one of their releases. The music industry is experimenting with giving ownership of songs to fans. There's also value in the communities that are being created, but since you're clearly not a part of any, you wouldn't understand that.
You say there's a reputation for douchebaggery, but I find the douchebaggery mostly comes from people on the outside that talk like they understand what's going on in web3 but really have no idea.
Might wanna get used to them and others, they're not going anywhere anytime soon. I'm not so sure. There's a project participant cycle that gets really tiresome after awhile. A real fatigue sets in. And NFTs have really gotten such a reputation for douchebaggery that I can easily see it come crumbling down. Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises. With all due respect, saying things like, "Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises." reveals you aren't even remotely close to, or informed about, the space. I'm not going to bother to list all of the ways you're wrong, but i'll just say as one example, I own an NFT from a clothing brand. That clothing brand recently sent me royalties for using my imagery on one of their releases. The music industry is experimenting with giving ownership of songs to fans. There's also value in the communities that are being created, but since you're clearly not a part of any, you wouldn't understand that. You say there's a reputation for douchebaggery, but I find the douchebaggery mostly comes from people on the outside that talk like they understand what's going on in web3 but really have no idea. |
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WOOF
Junior Member
๐จ๏ธ 4,464
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March 2014
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by WOOF on Feb 21, 2022 23:46:32 GMT 1, Sometimes sounds like a bookshop that doesnโt want to adopt the internet on this forum.
Who needs cars? We've got horses!!
Sometimes sounds like a bookshop that doesnโt want to adopt the internet on this forum. Who needs cars? We've got horses!! |
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by New Wave Dave on Feb 22, 2022 0:33:15 GMT 1, I'm not so sure. There's a project participant cycle that gets really tiresome after awhile. A real fatigue sets in. And NFTs have really gotten such a reputation for douchebaggery that I can easily see it come crumbling down. Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises. With all due respect, saying things like, "Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises." reveals you aren't even remotely close to, or informed about, the space. I'm not going to bother to list all of the ways you're wrong, but i'll just say as one example, I own an NFT from a clothing brand. That clothing brand recently sent me royalties for using my imagery on one of their releases. The music industry is experimenting with giving ownership of songs to fans. There's also value in the communities that are being created, but since you're clearly not a part of any, you wouldn't understand that. You say there's a reputation for douchebaggery, but I find the douchebaggery mostly comes from people on the outside that talk like they understand what's going on in web3 but really have no idea.
And just so you understand, people do understand NFTs; they do understand web3.0. They just aren't buying into this ignorant utopian view of what life will be in the 'metaverse'.
Meet the new boss
Same as the old boss
I'm not so sure. There's a project participant cycle that gets really tiresome after awhile. A real fatigue sets in. And NFTs have really gotten such a reputation for douchebaggery that I can easily see it come crumbling down. Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises. With all due respect, saying things like, "Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises." reveals you aren't even remotely close to, or informed about, the space. I'm not going to bother to list all of the ways you're wrong, but i'll just say as one example, I own an NFT from a clothing brand. That clothing brand recently sent me royalties for using my imagery on one of their releases. The music industry is experimenting with giving ownership of songs to fans. There's also value in the communities that are being created, but since you're clearly not a part of any, you wouldn't understand that. You say there's a reputation for douchebaggery, but I find the douchebaggery mostly comes from people on the outside that talk like they understand what's going on in web3 but really have no idea. Your reply sort of validates my douche comment but I digress. Actually, I'm pretty deep into NFTs which is precisely why I understand the extremely unhealthy nature that is starting to become a part of this lifestyle. Yes, there are communities being formed and bonds being created but the same could be said for the pog world and the beanie baby world. This is not a positive reflection on the medium but rather a by-product of human nature. People make bonds in prison, too, Einstein. As for your one example (the rest were just the same old hypothesize of value), I'm guessing you are referring to Adam Bomb Squad, which is implementing something of this sort (had one, sold it) but it's extremely small. But again, this is nothing new. Buy a stock, get a dividend. Buying ownership into 'something' does not need to be via using a crypto blockchain. And just so you understand, people do understand NFTs; they do understand web3.0. They just aren't buying into this ignorant utopian view of what life will be in the 'metaverse'. Meet the new boss Same as the old boss |
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WOOF
Junior Member
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March 2014
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by WOOF on Feb 22, 2022 1:50:48 GMT 1, You're welcome to dismiss what's happening if you'd like. Comparing it to pogs and beanie babies is an interesting take. Not one I share, but you do you.
Yes, I was referring to ABS, and when you say it's extremely small, I've gotta ask, what do you expect? ABS and most NFT projects are less than 6 months old. Of course it's small right now, they're all still figuring things out. But I own lots of stocks, and have owned clothing company stock, and not once has a dividend from any of them made a measurable impact on my life. It took ABS 6 months.
You're welcome to dismiss what's happening if you'd like. Comparing it to pogs and beanie babies is an interesting take. Not one I share, but you do you.
Yes, I was referring to ABS, and when you say it's extremely small, I've gotta ask, what do you expect? ABS and most NFT projects are less than 6 months old. Of course it's small right now, they're all still figuring things out. But I own lots of stocks, and have owned clothing company stock, and not once has a dividend from any of them made a measurable impact on my life. It took ABS 6 months.
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by New Wave Dave on Feb 22, 2022 2:18:12 GMT 1, You're welcome to dismiss what's happening if you'd like. Comparing it to pogs and beanie babies is an interesting take. Not one I share, but you do you. Yes, I was referring to ABS, and when you say it's extremely small, I've gotta ask, what do you expect? ABS and most NFT projects are less than 6 months old. Of course it's small right now, they're all still figuring things out. But I own lots of stocks, and have owned clothing company stock, and not once has a dividend from any of them made a measurable impact on my life. It took ABS 6 months.
Look, I'm a big supporter of Bobby Hundreds. He got me interested into NFTs through my interest in streetwear. I feel he's one of the good ones that is actually trying to find real value in NFTs and I 100% applaud his actions, but I still stand by my feelings that 99% of the NFT scene today is drifters and speculators trying to get in on the big money and it's just turning everyone off, and that can literally kill the scene. Well, not everyone, money is still flowing in, but you get my point.
There is a nice world revolving around projects that have more personality, smaller projects, as you mention, communities, that I can get behind. It might not be new, but if it makes people happy, so be it. It's in a way the youth cults of today. 60 years ago you would identify as a Mod, today a Goonz. That's cool. But I don't think these represent the projects we primarily see today.
And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates.
You're welcome to dismiss what's happening if you'd like. Comparing it to pogs and beanie babies is an interesting take. Not one I share, but you do you. Yes, I was referring to ABS, and when you say it's extremely small, I've gotta ask, what do you expect? ABS and most NFT projects are less than 6 months old. Of course it's small right now, they're all still figuring things out. But I own lots of stocks, and have owned clothing company stock, and not once has a dividend from any of them made a measurable impact on my life. It took ABS 6 months. Woof, if I go back to my original offending comments, 'Not to mention the fact there is yet still to be any demonstrable value to them after a good year or so of promises', I don't think your example proves this wrong. Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? Is it just an MLM for the new generation? Look, I'm a big supporter of Bobby Hundreds. He got me interested into NFTs through my interest in streetwear. I feel he's one of the good ones that is actually trying to find real value in NFTs and I 100% applaud his actions, but I still stand by my feelings that 99% of the NFT scene today is drifters and speculators trying to get in on the big money and it's just turning everyone off, and that can literally kill the scene. Well, not everyone, money is still flowing in, but you get my point. There is a nice world revolving around projects that have more personality, smaller projects, as you mention, communities, that I can get behind. It might not be new, but if it makes people happy, so be it. It's in a way the youth cults of today. 60 years ago you would identify as a Mod, today a Goonz. That's cool. But I don't think these represent the projects we primarily see today. And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. |
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WOOF
Junior Member
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March 2014
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by WOOF on Feb 22, 2022 4:20:50 GMT 1, You know New Wave Dave, I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this.
>Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here?
I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up.
>And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates.
We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now.
You know New Wave Dave, I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. |
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by New Wave Dave on Feb 22, 2022 5:14:31 GMT 1, You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now.
For those reading this thread, I hope they've received an interesting overview of the promise of NFTs but also perhaps a bit of caution on what to look out for in their journeys.
You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. I'm glad this conversation turned around. And you're 100% right; it's all in how you look at it. I'm perhaps spending too much time wallowing in all the negative stories around rugs and scams and metaverse hype that I'm just becoming a little too jaded for my own good. Point well received. For those reading this thread, I hope they've received an interesting overview of the promise of NFTs but also perhaps a bit of caution on what to look out for in their journeys. |
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Reader
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June 2016
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by Reader on Feb 22, 2022 8:49:50 GMT 1, You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. I'm glad this conversation turned around. And you're 100% right; it's all in how you look at it. I'm perhaps spending too much time wallowing in all the negative stories around rugs and scams and metaverse hype that I'm just becoming a little too jaded for my own good. Point well received. For those reading this thread, I hope they've received an interesting overview of the promise of NFTs but also perhaps a bit of caution on what to look out for in their journeys.
You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. I'm glad this conversation turned around. And you're 100% right; it's all in how you look at it. I'm perhaps spending too much time wallowing in all the negative stories around rugs and scams and metaverse hype that I'm just becoming a little too jaded for my own good. Point well received. For those reading this thread, I hope they've received an interesting overview of the promise of NFTs but also perhaps a bit of caution on what to look out for in their journeys. Well argued guys, good to have some insight from the inside, so to speak. |
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JockoLad
New Member
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February 2007
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by JockoLad on Feb 22, 2022 9:03:00 GMT 1, You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. I'm glad this conversation turned around. And you're 100% right; it's all in how you look at it. I'm perhaps spending too much time wallowing in all the negative stories around rugs and scams and metaverse hype that I'm just becoming a little too jaded for my own good. Point well received. For those reading this thread, I hope they've received an interesting overview of the promise of NFTs but also perhaps a bit of caution on what to look out for in their journeys.
This is OUTRAGEOUS!!!
Common ground being found within an UAA discussion thread. Take it elsewhere as this level of civility is not welcome hereโฆ
You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. I'm glad this conversation turned around. And you're 100% right; it's all in how you look at it. I'm perhaps spending too much time wallowing in all the negative stories around rugs and scams and metaverse hype that I'm just becoming a little too jaded for my own good. Point well received. For those reading this thread, I hope they've received an interesting overview of the promise of NFTs but also perhaps a bit of caution on what to look out for in their journeys. This is OUTRAGEOUS!!! Common ground being found within an UAA discussion thread. Take it elsewhere as this level of civility is not welcome hereโฆ |
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blerd
Junior Member
๐จ๏ธ 1,350
๐๐ป 1,203
November 2016
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by blerd on Feb 22, 2022 9:05:29 GMT 1, You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. I'm glad this conversation turned around. And you're 100% right; it's all in how you look at it. I'm perhaps spending too much time wallowing in all the negative stories around rugs and scams and metaverse hype that I'm just becoming a little too jaded for my own good. Point well received. For those reading this thread, I hope they've received an interesting overview of the promise of NFTs but also perhaps a bit of caution on what to look out for in their journeys.
You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. I'm glad this conversation turned around. And you're 100% right; it's all in how you look at it. I'm perhaps spending too much time wallowing in all the negative stories around rugs and scams and metaverse hype that I'm just becoming a little too jaded for my own good. Point well received. For those reading this thread, I hope they've received an interesting overview of the promise of NFTs but also perhaps a bit of caution on what to look out for in their journeys. I'm proud of you guys! Why can't it always be like this. |
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pollz66
New Member
๐จ๏ธ 321
๐๐ป 199
May 2008
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by pollz66 on Feb 22, 2022 9:54:14 GMT 1, These NFT conversations remind me of the Urban Art scene about 10-12 years ago. Everyone piling on anything created with a spray can or dragged in off the street in the hope of owning a piece of the next Banksy. A lot of rubbish got bought for a lot of money back then. Some money could be made by flipping early on, but long term most of the crap sank to the bottom of the tank.
Unfortunately, a few good artists got burnt along the way too as the panic mongers in the market destroyed their value by ditching rather than holding on for the long term. A lot a people lost money. A few people made money.
The same thing will happen with NFTs. In the end, like the artworld, it will mostly be the people with the big money who will decide what will retain its value as they can afford to play the long game and hang on to support and manipulate the market to their advantage.
These NFT conversations remind me of the Urban Art scene about 10-12 years ago. Everyone piling on anything created with a spray can or dragged in off the street in the hope of owning a piece of the next Banksy. A lot of rubbish got bought for a lot of money back then. Some money could be made by flipping early on, but long term most of the crap sank to the bottom of the tank.
Unfortunately, a few good artists got burnt along the way too as the panic mongers in the market destroyed their value by ditching rather than holding on for the long term. A lot a people lost money. A few people made money.
The same thing will happen with NFTs. In the end, like the artworld, it will mostly be the people with the big money who will decide what will retain its value as they can afford to play the long game and hang on to support and manipulate the market to their advantage.
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vernaxley
New Member
๐จ๏ธ 277
๐๐ป 138
September 2014
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by vernaxley on Feb 22, 2022 11:00:36 GMT 1, You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now.
Here's a fact: nobody knows anything.
When it comes to investments, there are many variables and zero guarantees. Hedge Funders literally hedge their bets. Investment bankers, pension funds, and financial advisors know that what they sell is just another form of gambling. That's why they'll take a commission or fee up front, rather than on results
And if you don't understand the product they're offering you, even better for them.
Crypto is no different. You are being sold the possibility of owning the next Bitcoin whether its an NFT-dressed-as-art or a new currency. The rich people will mitigate their losses by spreading the risk. The clever people will make money on commission on the trades and sales along the way. The regular folk will lose or simply hope they get lucky.
You know New Wave Dave , I thought we wouldn't be able to find any common ground but I was wrong. I appreciate you going deeper with me on this. >Projects can offer small residuals, or tokenomics, or airdrops that a user can turn around and sell, but what are your really offering that is new here? I mean, I maintain we're still at the very beginning of this and are only just scratching the surface of what "utility" actually looks like in the space, but true ownership stake in things people support with tangible rewards for said ownership is definitely new. Time will tell if more creative uses for the tech will pop up. >And the Noun DAO. Ok, there's something of interest, Innovative. I wouldnt say its demonstrating value because you can pool money among folks at almost any time in history but they way it's done, yes, it could lead to some interesting innovations. But for every Noun DAO, there's 10k squiggles or degenerative ape wives. And this is a problem and this is where my beef really originates. We're actually very much on the same page with what you're saying here. Sure, we can choose to focus on the 10k deriv pfp projects, 90% of which are rug pulls and draw conclusions about the space from that. But we can just as easily focus on the DAO's and things like them, the best of what is currently being created, and see that as the north star for web3. I keep reminding myself that we're still SO early in the space, and it's definitely a bit of the wild west. But that's what the internet was like at first as well. We learned then, and I'd like to think we can learn now. Here's a fact: nobody knows anything. When it comes to investments, there are many variables and zero guarantees. Hedge Funders literally hedge their bets. Investment bankers, pension funds, and financial advisors know that what they sell is just another form of gambling. That's why they'll take a commission or fee up front, rather than on results And if you don't understand the product they're offering you, even better for them. Crypto is no different. You are being sold the possibility of owning the next Bitcoin whether its an NFT-dressed-as-art or a new currency. The rich people will mitigate their losses by spreading the risk. The clever people will make money on commission on the trades and sales along the way. The regular folk will lose or simply hope they get lucky. |
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singerstu
New Member
๐จ๏ธ 759
๐๐ป 517
December 2007
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by New Wave Dave on Feb 24, 2022 15:15:10 GMT 1, Seems the seller used this as a publicity stunt and had no intention of selling. That's pretty punk if you ask me (though might hurt future auction opportunities)
Seems the seller used this as a publicity stunt and had no intention of selling. That's pretty punk if you ask me (though might hurt future auction opportunities)
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18921892
New Member
๐จ๏ธ 658
๐๐ป 369
May 2020
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by 18921892 on Feb 24, 2022 15:18:27 GMT 1, I heard there weren't any buyers/bidders, so the auction was canceled.
I heard there weren't any buyers/bidders, so the auction was canceled.
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pollz66
New Member
๐จ๏ธ 321
๐๐ป 199
May 2008
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by pollz66 on Feb 24, 2022 15:39:41 GMT 1, I suspect Sotheby's had a lack of interested buyers willing to go the distance.
The seller bottled it and pulled the auction at the last minute, rather than risk ruining the CryptoPunk market.
Individual CryptoPunks have auctioned as high as $11.75M (ยฃ8.8m).
The highest bid before the lot was pulled was $14m (ยฃ10.5m) for 104 cryptopunks. This equates to around $135k (ยฃ105k) per CryptoPunk. That's quite a drop in value.
I suspect Sotheby's had a lack of interested buyers willing to go the distance. The seller bottled it and pulled the auction at the last minute, rather than risk ruining the CryptoPunk market. Individual CryptoPunks have auctioned as high as $11.75M (ยฃ8.8m). The highest bid before the lot was pulled was $14m (ยฃ10.5m) for 104 cryptopunks. This equates to around $135k (ยฃ105k) per CryptoPunk. That's quite a drop in value. |
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vernaxley
New Member
๐จ๏ธ 277
๐๐ป 138
September 2014
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by vernaxley on Feb 25, 2022 13:01:38 GMT 1, So over these, especially Cryptopunks. It's like a party that is going on far too long. Might wanna get used to them and others, they're not going anywhere anytime soon.
So over these, especially Cryptopunks. It's like a party that is going on far too long. Might wanna get used to them and others, they're not going anywhere anytime soon. You were right there WOOF - CPs not going anywhere as they couldn't find anyone to buy them. |
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WOOF
Junior Member
๐จ๏ธ 4,464
๐๐ป 4,762
March 2014
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by WOOF on Feb 25, 2022 16:49:09 GMT 1, Might wanna get used to them and others, they're not going anywhere anytime soon. You were right there WOOF - CPs not going anywhere as they couldn't find anyone to buy them.
Lol, what can you do when the person selling withdraws the lot ๐คทโโ๏ธ I stand by my statement.
Might wanna get used to them and others, they're not going anywhere anytime soon. You were right there WOOF - CPs not going anywhere as they couldn't find anyone to buy them. Lol, what can you do when the person selling withdraws the lot ๐คทโโ๏ธ I stand by my statement. |
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by Daniel Silk on Oct 18, 2022 11:45:42 GMT 1, $20.3 Million for a Gerhard Richter at Sotheby's in London ๐ณ
And Sotheby's New York have this piece coming up next -
https://www.instagram.com/reel/CjvKjr4Atgz
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by Daniel Silk on Oct 18, 2022 11:49:27 GMT 1, Mondrian coming up soon at Sotheby's in New York.
Interesting to see this piece so close up in this video, I'm surprised actually how ruff it looks ๐ is that normal for a Mondrian piece?
https://www.instagram.com/reel/CjYTh46AsqG
Mondrian coming up soon at Sotheby's in New York. Interesting to see this piece so close up in this video, I'm surprised actually how ruff it looks ๐ is that normal for a Mondrian piece? https://www.instagram.com/reel/CjYTh46AsqG |
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sijh
New Member
๐จ๏ธ 218
๐๐ป 212
April 2018
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by sijh on Oct 18, 2022 18:52:40 GMT 1, A lot of them are over 100 years old, and some had quite an adventure after being looted by the Nazis during the war.
I have seen a few in questionable condition, somewhat to be expected I think.
A lot of them are over 100 years old, and some had quite an adventure after being looted by the Nazis during the war.
I have seen a few in questionable condition, somewhat to be expected I think.
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Sotheby's Art Auctions โข NEW YORK ๐บ๐ฒ, by Daniel Silk on Nov 11, 2022 11:34:47 GMT 1, Huge Yoshitomo Nara piece coming up for auction at Sotheby's in New York. Sale on the 16th November.
https://www.instagram.com/reel/Cj3Bwa0Agbn
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