robo
Junior Member
🗨️ 1,582
👍🏻 1,007
November 2006
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NFT Art
Mar 20, 2021 22:28:39 GMT 1
via mobile
NFT Art , by robo on Mar 20, 2021 22:28:39 GMT 1, A few days ago a relatively unknown artist on nifty gateway released two pieces that ripped off Ai Weiwei and Yayoi Kusama. Here’s what Weiwei had to say when he heard about it:
A few days ago a relatively unknown artist on nifty gateway released two pieces that ripped off Ai Weiwei and Yayoi Kusama. Here’s what Weiwei had to say when he heard about it:
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robo
Junior Member
🗨️ 1,582
👍🏻 1,007
November 2006
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NFT Art
Mar 20, 2021 22:30:51 GMT 1
via mobile
NFT Art , by robo on Mar 20, 2021 22:30:51 GMT 1, Huh my link is not appearing. Trying again.
Huh my link is not appearing. Trying again.
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kuni
Junior Member
🗨️ 1,153
👍🏻 1,818
February 2018
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NFT Art
Mar 21, 2021 13:02:41 GMT 1
NFT Art , by kuni on Mar 21, 2021 13:02:41 GMT 1, If you hate NFT’s you’re going to flip your shit when you start seeing virtual art shows in a completely online universe. Here’s a show that opens today in Decentraland featuring a whole bevy of the artists who we regularly talk about on here. The times are changing.
http://instagram.com/p/CMp19-sIg64
If you hate NFT’s you’re going to flip your shit when you start seeing virtual art shows in a completely online universe. Here’s a show that opens today in Decentraland featuring a whole bevy of the artists who we regularly talk about on here. The times are changing. http://instagram.com/p/CMp19-sIg64 |
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dilu
New Member
🗨️ 153
👍🏻 223
November 2010
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NFT Art
Mar 21, 2021 13:23:08 GMT 1
via mobile
NFT Art , by dilu on Mar 21, 2021 13:23:08 GMT 1, Wow now I’ve actually seen a view NFT artwork I’m a convert. No more sex and rock and roll, shelve the art for I’m a new believer. As a start up buyer I’m only able to buy into farts so if you have any on a loop I’ll transfer you my kids organs and inheritance 😅
Wow now I’ve actually seen a view NFT artwork I’m a convert. No more sex and rock and roll, shelve the art for I’m a new believer. As a start up buyer I’m only able to buy into farts so if you have any on a loop I’ll transfer you my kids organs and inheritance 😅
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FЯ
Full Member
🗨️ 8,264
👍🏻 9,252
May 2013
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NFT Art
Mar 21, 2021 14:45:28 GMT 1
NFT Art , by FЯ on Mar 21, 2021 14:45:28 GMT 1, Here - grab a coffee and watch this pretty brainless video from the WSJ
Here - grab a coffee and watch this pretty brainless video from the WSJ
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FЯ
Full Member
🗨️ 8,264
👍🏻 9,252
May 2013
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NFT Art
Mar 21, 2021 19:09:56 GMT 1
NFT Art , by FЯ on Mar 21, 2021 19:09:56 GMT 1,
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NFT Art
Mar 21, 2021 19:28:56 GMT 1
NFT Art , by Extra Ball on Mar 21, 2021 19:28:56 GMT 1, easy pass. I don t imagine having part of my collection on a usb key.
easy pass. I don t imagine having part of my collection on a usb key.
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kuni
Junior Member
🗨️ 1,153
👍🏻 1,818
February 2018
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NFT Art
Mar 23, 2021 13:05:47 GMT 1
NFT Art , by kuni on Mar 23, 2021 13:05:47 GMT 1, A Michael Reeder NFT now in the mix..I don't hate it. Will probably enter the drawing and try my luck.
Michael Reeder NFT Auction at ABV Gallery.
A Michael Reeder NFT now in the mix..I don't hate it. Will probably enter the drawing and try my luck. Michael Reeder NFT Auction at ABV Gallery. |
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jdjdjd
New Member
🗨️ 11
👍🏻 11
December 2016
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NFT Art
Mar 23, 2021 14:21:33 GMT 1
via mobile
NFT Art , by jdjdjd on Mar 23, 2021 14:21:33 GMT 1, A Michael Reeder NFT now in the mix..I don't hate it. Will probably enter the drawing and try my luck. Michael Reeder NFT Auction at ABV Gallery. Do you mind if I ask something that in no way is intended to be troll-y? As someone who is clearly engaged / interested in the NFT thing, was there a moment when it suddenly *clicked* for you and you decided that it was something that you wanted to be a part of, or realised that you would get enjoyment from it? I'm still struggling to understand the appeal of it. That's perfectly fine of course - there's no need for me to understand something for others to get enjoyment from it - I just wondered if there was a particular angle that I hadn't considered. With the Reeder thing as an example - what would be the benefit of being selected and spending money on it, rather than not? Is it the ownership / collectorship angle - in other words, despite it being non-tangible, the ownership of it is tangible? I'm in no way asking you to justify it as that would be hugely ridiculous, I'm just wondering if there's a way to explain it that might make it click.
My own impression, which isn’t advice:
1. I can buy and digitally possess/control art near-instantly.
2. Once I find a buyer I can sell to that buyer near-instantly.
3. No physical space needed for display or storage unless I choose to, and then I can rotate works within the same display.
4. I can choose the size of the piece if I display it in a physical space by either changing how large it is on the screen or changing screen size.
5. I still feel a strong sense of ownership over the works.
6. A number of marketplaces already exist to provide liquidity as needed, and I would bet more are in the works. Will be very easy to submit to Sotheby’s etc. in the future I would bet.
7. No shipping concerns all around, just gas fees to send.
8. Fewer insurance concerns, though those will come with time.
9. So many people dumping on the buzzword without thinking critically is telling to me. Think about all of the above, plus how great it is for artist royalties, etc.
It’s true that there’s a lot of junk NFT “art” out there so just don’t buy it. There’s plenty of great NFT art, too. And that is a trend that will keep building, I would think. And yeah, prices are surging but the tech won’t disappear so if you want to buy low, maybe wait a while. The market is insane; NFTs are not.
A Michael Reeder NFT now in the mix..I don't hate it. Will probably enter the drawing and try my luck. Michael Reeder NFT Auction at ABV Gallery. Do you mind if I ask something that in no way is intended to be troll-y? As someone who is clearly engaged / interested in the NFT thing, was there a moment when it suddenly *clicked* for you and you decided that it was something that you wanted to be a part of, or realised that you would get enjoyment from it? I'm still struggling to understand the appeal of it. That's perfectly fine of course - there's no need for me to understand something for others to get enjoyment from it - I just wondered if there was a particular angle that I hadn't considered. With the Reeder thing as an example - what would be the benefit of being selected and spending money on it, rather than not? Is it the ownership / collectorship angle - in other words, despite it being non-tangible, the ownership of it is tangible? I'm in no way asking you to justify it as that would be hugely ridiculous, I'm just wondering if there's a way to explain it that might make it click. My own impression, which isn’t advice: 1. I can buy and digitally possess/control art near-instantly. 2. Once I find a buyer I can sell to that buyer near-instantly. 3. No physical space needed for display or storage unless I choose to, and then I can rotate works within the same display. 4. I can choose the size of the piece if I display it in a physical space by either changing how large it is on the screen or changing screen size. 5. I still feel a strong sense of ownership over the works. 6. A number of marketplaces already exist to provide liquidity as needed, and I would bet more are in the works. Will be very easy to submit to Sotheby’s etc. in the future I would bet. 7. No shipping concerns all around, just gas fees to send. 8. Fewer insurance concerns, though those will come with time. 9. So many people dumping on the buzzword without thinking critically is telling to me. Think about all of the above, plus how great it is for artist royalties, etc. It’s true that there’s a lot of junk NFT “art” out there so just don’t buy it. There’s plenty of great NFT art, too. And that is a trend that will keep building, I would think. And yeah, prices are surging but the tech won’t disappear so if you want to buy low, maybe wait a while. The market is insane; NFTs are not. |
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jdjdjd
New Member
🗨️ 11
👍🏻 11
December 2016
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NFT Art
Mar 23, 2021 15:04:15 GMT 1
via mobile
NFT Art , by jdjdjd on Mar 23, 2021 15:04:15 GMT 1, My own impression, which isn’t advice: 1. I can buy and digitally possess/control art near-instantly. 2. Once I find a buyer I can sell to that buyer near-instantly. 3. No physical space needed for display or storage unless I choose to, and then I can rotate works within the same display. 4. I can choose the size of the piece if I display it in a physical space by either changing how large it is on the screen or changing screen size. 5. I still feel a strong sense of ownership over the works. 6. A number of marketplaces already exist to provide liquidity as needed, and I would bet more are in the works. Will be very easy to submit to Sotheby’s etc. in the future I would bet. 7. No shipping concerns all around, just gas fees to send. 8. Fewer insurance concerns, though those will come with time. 9. So many people dumping on the buzzword without thinking critically is telling to me. Think about all of the above, plus how great it is for artist royalties, etc. It’s true that there’s a lot of junk NFT “art” out there so just don’t buy it. There’s plenty of great NFT art, too. And that is a trend that will keep building, I would think. And yeah, prices are surging but the tech won’t disappear so if you want to buy low, maybe wait a while. The market is insane; NFTs are not. Thank you for taking the time to reply. I think for some of the items in your list, there's a hurdle (for me at least) that I don't think I want to enjoy / display digital art. I can't imagine wanting a screen in my home where art is displayed, although of course that is purely personal preference. My preference here may be entirely outdated, and of course may change over time. However, getting past that, I think if I did enjoy the ownership or display of digital art then I think the rest of your list makes sense. I have seen the argument on here that you could simply download the JPG and display that without owning it but with that I disagree. It's no different from saying that there's no point in owning a Banksy print when you could simply display a near-identical copy for a fraction of the cost - if the print itself, and its authenticity, is part of the art then I don't see why this would be any different for digital editions. Personally speaking I don't have the 'collector' bug - I have no desire to own something simply for the sake of owning it and for it to form part of my collection. But I am aware that 'owning stuff' is a part of this passion / hobby / addiction to many, and again I don't see why this would be any different for digital work. I think what I'm saying is that I can sort of see the benefit / excitement in this stuff, but it's not exciting to me for reasons that are perfectly fine. If I were interested in the investment side of things, I can see why this might provide an easy way for me to do that (is it really any different from buying a Hirst, keeping it in the Heni vault and never actually seeing it?). If I were a completist / had the collector bug then I can see why the verifiable ownership angle might be quite attractive. And finally if I were excited about showing and rotating digital art in my home, I can certainly see the appeal in having an authentic piece rather than a random set of JPGs. Unfortunately none of those things apply to me (at this moment in time), but I can see why they might to others.
Thanks for your perspective. I don’t aim to change your mind, but just to add a couple more thoughts. First, physical art came about in an analog world. I appreciate physical art because I grew up around a great deal of it, and collect it myself. But think about where a generation that grew up digital will likely direct their interest as art collectors. And also lots of the editions we buy are digital art at some point, but then converted once again to physical art. Not all of them, but as I saw Hirst on Instagram signing what looked like 1,000 sticker labels in pencil I thought about this. And not dumping on Hirst because I own some of his editions  Those are just pieces of paper, which will be affixed to what was a jpg of his work, which is now printed/applied to paper as the storage medium for that digital file. NFTs are just a digital storage medium for the same thing. And yes all the on-chain/off-chain stuff is messy now but archiving solutions will be introduced in due time I think.
My own impression, which isn’t advice: 1. I can buy and digitally possess/control art near-instantly. 2. Once I find a buyer I can sell to that buyer near-instantly. 3. No physical space needed for display or storage unless I choose to, and then I can rotate works within the same display. 4. I can choose the size of the piece if I display it in a physical space by either changing how large it is on the screen or changing screen size. 5. I still feel a strong sense of ownership over the works. 6. A number of marketplaces already exist to provide liquidity as needed, and I would bet more are in the works. Will be very easy to submit to Sotheby’s etc. in the future I would bet. 7. No shipping concerns all around, just gas fees to send. 8. Fewer insurance concerns, though those will come with time. 9. So many people dumping on the buzzword without thinking critically is telling to me. Think about all of the above, plus how great it is for artist royalties, etc. It’s true that there’s a lot of junk NFT “art” out there so just don’t buy it. There’s plenty of great NFT art, too. And that is a trend that will keep building, I would think. And yeah, prices are surging but the tech won’t disappear so if you want to buy low, maybe wait a while. The market is insane; NFTs are not. Thank you for taking the time to reply. I think for some of the items in your list, there's a hurdle (for me at least) that I don't think I want to enjoy / display digital art. I can't imagine wanting a screen in my home where art is displayed, although of course that is purely personal preference. My preference here may be entirely outdated, and of course may change over time. However, getting past that, I think if I did enjoy the ownership or display of digital art then I think the rest of your list makes sense. I have seen the argument on here that you could simply download the JPG and display that without owning it but with that I disagree. It's no different from saying that there's no point in owning a Banksy print when you could simply display a near-identical copy for a fraction of the cost - if the print itself, and its authenticity, is part of the art then I don't see why this would be any different for digital editions. Personally speaking I don't have the 'collector' bug - I have no desire to own something simply for the sake of owning it and for it to form part of my collection. But I am aware that 'owning stuff' is a part of this passion / hobby / addiction to many, and again I don't see why this would be any different for digital work. I think what I'm saying is that I can sort of see the benefit / excitement in this stuff, but it's not exciting to me for reasons that are perfectly fine. If I were interested in the investment side of things, I can see why this might provide an easy way for me to do that (is it really any different from buying a Hirst, keeping it in the Heni vault and never actually seeing it?). If I were a completist / had the collector bug then I can see why the verifiable ownership angle might be quite attractive. And finally if I were excited about showing and rotating digital art in my home, I can certainly see the appeal in having an authentic piece rather than a random set of JPGs. Unfortunately none of those things apply to me (at this moment in time), but I can see why they might to others. Thanks for your perspective. I don’t aim to change your mind, but just to add a couple more thoughts. First, physical art came about in an analog world. I appreciate physical art because I grew up around a great deal of it, and collect it myself. But think about where a generation that grew up digital will likely direct their interest as art collectors. And also lots of the editions we buy are digital art at some point, but then converted once again to physical art. Not all of them, but as I saw Hirst on Instagram signing what looked like 1,000 sticker labels in pencil I thought about this. And not dumping on Hirst because I own some of his editions Those are just pieces of paper, which will be affixed to what was a jpg of his work, which is now printed/applied to paper as the storage medium for that digital file. NFTs are just a digital storage medium for the same thing. And yes all the on-chain/off-chain stuff is messy now but archiving solutions will be introduced in due time I think. |
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kuni
Junior Member
🗨️ 1,153
👍🏻 1,818
February 2018
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NFT Art
Mar 23, 2021 16:36:02 GMT 1
NFT Art , by kuni on Mar 23, 2021 16:36:02 GMT 1, My own impression, which isn’t advice: 1. I can buy and digitally possess/control art near-instantly. 2. Once I find a buyer I can sell to that buyer near-instantly. 3. No physical space needed for display or storage unless I choose to, and then I can rotate works within the same display. 4. I can choose the size of the piece if I display it in a physical space by either changing how large it is on the screen or changing screen size. 5. I still feel a strong sense of ownership over the works. 6. A number of marketplaces already exist to provide liquidity as needed, and I would bet more are in the works. Will be very easy to submit to Sotheby’s etc. in the future I would bet. 7. No shipping concerns all around, just gas fees to send. 8. Fewer insurance concerns, though those will come with time. 9. So many people dumping on the buzzword without thinking critically is telling to me. Think about all of the above, plus how great it is for artist royalties, etc. It’s true that there’s a lot of junk NFT “art” out there so just don’t buy it. There’s plenty of great NFT art, too. And that is a trend that will keep building, I would think. And yeah, prices are surging but the tech won’t disappear so if you want to buy low, maybe wait a while. The market is insane; NFTs are not. Thank you for taking the time to reply. I think for some of the items in your list, there's a hurdle (for me at least) that I don't think I want to enjoy / display digital art. I can't imagine wanting a screen in my home where art is displayed, although of course that is purely personal preference. My preference here may be entirely outdated, and of course may change over time. However, getting past that, I think if I did enjoy the ownership or display of digital art then I think the rest of your list makes sense. I have seen the argument on here that you could simply download the JPG and display that without owning it but with that I disagree. It's no different from saying that there's no point in owning a Banksy print when you could simply display a near-identical copy for a fraction of the cost - if the print itself, and its authenticity, is part of the art then I don't see why this would be any different for digital editions. Personally speaking I don't have the 'collector' bug - I have no desire to own something simply for the sake of owning it and for it to form part of my collection. But I am aware that 'owning stuff' is a part of this passion / hobby / addiction to many, and again I don't see why this would be any different for digital work. I think what I'm saying is that I can sort of see the benefit / excitement in this stuff, but it's not exciting to me for reasons that are perfectly fine. If I were interested in the investment side of things, I can see why this might provide an easy way for me to do that (is it really any different from buying a Hirst, keeping it in the Heni vault and never actually seeing it?). If I were a completist / had the collector bug then I can see why the verifiable ownership angle might be quite attractive. And finally if I were excited about showing and rotating digital art in my home, I can certainly see the appeal in having an authentic piece rather than a random set of JPGs. Unfortunately none of those things apply to me (at this moment in time), but I can see why they might to others.
So when my brother first told me about NFT's i think I said something to the effect of "that's moronic why would anyone spend that kind of money on what's essentially a GIF?" But he persisted and I started to listen to him and try to understand it. Everything that the other person stated is the same for me, but i'd also add that the more i started researching it the more i believe that this is actually the start of a paradigm shift in how we think about ownership and identity.
I feel like a dinosaur when i'm talking to the typical NFT collector. I tried to understand why they'd pay as much for a NFT as they would for a large canvas by the artist. I couldn't understand this (and still don't to a large extent because I love physical art) but i have warmed up to the idea that "kids" who are 20 years younger to me truly are digital natives - they don't think of property ownership in the same way as I do, and don't think twice about attending a concert online or going to a gallery opening in a metaverse (as the kids call it), this is their reality. It also feels like this thing is accelerating at a pace that's both exciting and unnerving, and I feel an urgency to learn mixed with a fear of being left behind. That may be irrational, and I'm sure the folks trading tulips in Amsterdam felt a similar way, but i'm willing to bet that this merging of digital and physical reality is here to say.
I see digital as simply a new medium and expect that there will be transcendent artists that come out of this space. i haven't seen much that's blown my mind, and i only own a handful of art works, but I'm keeping an eye out for an artist that makes the kind of work that i can't stop thinking about while trying to fall asleep. I think they're out there, and by immersing myself in the market I hope that i'll be able to spot them when they come on the scene. In much the same way as street art emerged and was misunderstood by everyone in the fine art world, I think we're at the beginning of a new movement and I want to be there for it.
So, I'd just add this to the list that was posted above me because all of that holds true.
My own impression, which isn’t advice: 1. I can buy and digitally possess/control art near-instantly. 2. Once I find a buyer I can sell to that buyer near-instantly. 3. No physical space needed for display or storage unless I choose to, and then I can rotate works within the same display. 4. I can choose the size of the piece if I display it in a physical space by either changing how large it is on the screen or changing screen size. 5. I still feel a strong sense of ownership over the works. 6. A number of marketplaces already exist to provide liquidity as needed, and I would bet more are in the works. Will be very easy to submit to Sotheby’s etc. in the future I would bet. 7. No shipping concerns all around, just gas fees to send. 8. Fewer insurance concerns, though those will come with time. 9. So many people dumping on the buzzword without thinking critically is telling to me. Think about all of the above, plus how great it is for artist royalties, etc. It’s true that there’s a lot of junk NFT “art” out there so just don’t buy it. There’s plenty of great NFT art, too. And that is a trend that will keep building, I would think. And yeah, prices are surging but the tech won’t disappear so if you want to buy low, maybe wait a while. The market is insane; NFTs are not. Thank you for taking the time to reply. I think for some of the items in your list, there's a hurdle (for me at least) that I don't think I want to enjoy / display digital art. I can't imagine wanting a screen in my home where art is displayed, although of course that is purely personal preference. My preference here may be entirely outdated, and of course may change over time. However, getting past that, I think if I did enjoy the ownership or display of digital art then I think the rest of your list makes sense. I have seen the argument on here that you could simply download the JPG and display that without owning it but with that I disagree. It's no different from saying that there's no point in owning a Banksy print when you could simply display a near-identical copy for a fraction of the cost - if the print itself, and its authenticity, is part of the art then I don't see why this would be any different for digital editions. Personally speaking I don't have the 'collector' bug - I have no desire to own something simply for the sake of owning it and for it to form part of my collection. But I am aware that 'owning stuff' is a part of this passion / hobby / addiction to many, and again I don't see why this would be any different for digital work. I think what I'm saying is that I can sort of see the benefit / excitement in this stuff, but it's not exciting to me for reasons that are perfectly fine. If I were interested in the investment side of things, I can see why this might provide an easy way for me to do that (is it really any different from buying a Hirst, keeping it in the Heni vault and never actually seeing it?). If I were a completist / had the collector bug then I can see why the verifiable ownership angle might be quite attractive. And finally if I were excited about showing and rotating digital art in my home, I can certainly see the appeal in having an authentic piece rather than a random set of JPGs. Unfortunately none of those things apply to me (at this moment in time), but I can see why they might to others. So when my brother first told me about NFT's i think I said something to the effect of "that's moronic why would anyone spend that kind of money on what's essentially a GIF?" But he persisted and I started to listen to him and try to understand it. Everything that the other person stated is the same for me, but i'd also add that the more i started researching it the more i believe that this is actually the start of a paradigm shift in how we think about ownership and identity. I feel like a dinosaur when i'm talking to the typical NFT collector. I tried to understand why they'd pay as much for a NFT as they would for a large canvas by the artist. I couldn't understand this (and still don't to a large extent because I love physical art) but i have warmed up to the idea that "kids" who are 20 years younger to me truly are digital natives - they don't think of property ownership in the same way as I do, and don't think twice about attending a concert online or going to a gallery opening in a metaverse (as the kids call it), this is their reality. It also feels like this thing is accelerating at a pace that's both exciting and unnerving, and I feel an urgency to learn mixed with a fear of being left behind. That may be irrational, and I'm sure the folks trading tulips in Amsterdam felt a similar way, but i'm willing to bet that this merging of digital and physical reality is here to say. I see digital as simply a new medium and expect that there will be transcendent artists that come out of this space. i haven't seen much that's blown my mind, and i only own a handful of art works, but I'm keeping an eye out for an artist that makes the kind of work that i can't stop thinking about while trying to fall asleep. I think they're out there, and by immersing myself in the market I hope that i'll be able to spot them when they come on the scene. In much the same way as street art emerged and was misunderstood by everyone in the fine art world, I think we're at the beginning of a new movement and I want to be there for it. So, I'd just add this to the list that was posted above me because all of that holds true. |
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kuni
Junior Member
🗨️ 1,153
👍🏻 1,818
February 2018
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NFT Art
Mar 23, 2021 17:02:49 GMT 1
NFT Art , by kuni on Mar 23, 2021 17:02:49 GMT 1, So when my brother first told me about NFT's i think I said something to the effect of "that's moronic why would anyone spend that kind of money on what's essentially a GIF?" But he persisted and I started to listen to him and try to understand it. Everything that the other person stated is the same for me, but i'd also add that the more i started researching it the more i believe that this is actually the start of a paradigm shift in how we think about ownership and identity. I feel like a dinosaur when i'm talking to the typical NFT collector. I tried to understand why they'd pay as much for a NFT as they would for a large canvas by the artist. I couldn't understand this (and still don't to a large extent because I love physical art) but i have warmed up to the idea that "kids" who are 20 years younger to me truly are digital natives - they don't think of property ownership in the same way as I do, and don't think twice about attending a concert online or going to a gallery opening in a metaverse (as the kids call it), this is their reality. It also feels like this thing is accelerating at a pace that's both exciting and unnerving, and I feel an urgency to learn mixed with a fear of being left behind. That may be irrational, and I'm sure the folks trading tulips in Amsterdam felt a similar way, but i'm willing to bet that this merging of digital and physical reality is here to say. I see digital as simply a new medium and expect that there will be transcendent artists that come out of this space. i haven't seen much that's blown my mind, and i only own a handful of art works, but I'm keeping an eye out for an artist that makes the kind of work that i can't stop thinking about while trying to fall asleep. I think they're out there, and by immersing myself in the market I hope that i'll be able to spot them when they come on the scene. In much the same way as street art emerged and was misunderstood by everyone in the fine art world, I think we're at the beginning of a new movement and I want to be there for it. So, I'd just add this to the list that was posted above me because all of that holds true. Thank you for this - it's interesting. I was quite taken by this section "I'm keeping an eye out for an artist that makes the kind of work that i can't stop thinking about while trying to fall asleep" - I think perhaps where (for me at least) this might become more exciting is to imagine what kind of art could be created that lends itself well to this medium, rather than simply scanning a photo of a physical artwork and selling the image, or selling a piece of art created digitally. I note that the Reeder piece is animated, but again it's not particularly new or exciting. I suspect that as with all technology there will be young and clever people who find ways of using it that the rest of us have yet to imagine, but when they do it'll seem obvious and natural. But hopefully the lazy and the greedy (I'm looking at you, JBoy) won't spoil it in the meantime.
I agree. with this and admittadly i'm kind of biding my time at the moment buying and selling pieces where i know I can make money, holding a few pieces i like, but more so just keeping an eye out for artists that totally rethink the medium. Much in the way that artists like Kaws / Invader / Banksy have emerged as pioneers of street art, I have no doubt that there will be similar artists that come out of digital and do things that i'm not creative enough to imagine.
With the Reeder, it's kind of cool because it's his first foray into NFT's but beyond that it's not bringing anything new to the space. Another example, the other day I bought Jordy Kerwick's first NFT, which was essentially just a jpeg of one of his canvases. After sitting on it for a day and talking to him on Instagram, I decided to sell it because it wasn't all that interesting. He even admitted that when he did the NFT a year ago he didn't really know what they were and was just asked to provide some images.
I'm guessing that upwards of 95% of the art that's being cranked out will be totally worthless in the nearish future and I suppose the challenge is finding the other 5%.
So when my brother first told me about NFT's i think I said something to the effect of "that's moronic why would anyone spend that kind of money on what's essentially a GIF?" But he persisted and I started to listen to him and try to understand it. Everything that the other person stated is the same for me, but i'd also add that the more i started researching it the more i believe that this is actually the start of a paradigm shift in how we think about ownership and identity. I feel like a dinosaur when i'm talking to the typical NFT collector. I tried to understand why they'd pay as much for a NFT as they would for a large canvas by the artist. I couldn't understand this (and still don't to a large extent because I love physical art) but i have warmed up to the idea that "kids" who are 20 years younger to me truly are digital natives - they don't think of property ownership in the same way as I do, and don't think twice about attending a concert online or going to a gallery opening in a metaverse (as the kids call it), this is their reality. It also feels like this thing is accelerating at a pace that's both exciting and unnerving, and I feel an urgency to learn mixed with a fear of being left behind. That may be irrational, and I'm sure the folks trading tulips in Amsterdam felt a similar way, but i'm willing to bet that this merging of digital and physical reality is here to say. I see digital as simply a new medium and expect that there will be transcendent artists that come out of this space. i haven't seen much that's blown my mind, and i only own a handful of art works, but I'm keeping an eye out for an artist that makes the kind of work that i can't stop thinking about while trying to fall asleep. I think they're out there, and by immersing myself in the market I hope that i'll be able to spot them when they come on the scene. In much the same way as street art emerged and was misunderstood by everyone in the fine art world, I think we're at the beginning of a new movement and I want to be there for it. So, I'd just add this to the list that was posted above me because all of that holds true. Thank you for this - it's interesting. I was quite taken by this section "I'm keeping an eye out for an artist that makes the kind of work that i can't stop thinking about while trying to fall asleep" - I think perhaps where (for me at least) this might become more exciting is to imagine what kind of art could be created that lends itself well to this medium, rather than simply scanning a photo of a physical artwork and selling the image, or selling a piece of art created digitally. I note that the Reeder piece is animated, but again it's not particularly new or exciting. I suspect that as with all technology there will be young and clever people who find ways of using it that the rest of us have yet to imagine, but when they do it'll seem obvious and natural. But hopefully the lazy and the greedy (I'm looking at you, JBoy) won't spoil it in the meantime. I agree. with this and admittadly i'm kind of biding my time at the moment buying and selling pieces where i know I can make money, holding a few pieces i like, but more so just keeping an eye out for artists that totally rethink the medium. Much in the way that artists like Kaws / Invader / Banksy have emerged as pioneers of street art, I have no doubt that there will be similar artists that come out of digital and do things that i'm not creative enough to imagine. With the Reeder, it's kind of cool because it's his first foray into NFT's but beyond that it's not bringing anything new to the space. Another example, the other day I bought Jordy Kerwick's first NFT, which was essentially just a jpeg of one of his canvases. After sitting on it for a day and talking to him on Instagram, I decided to sell it because it wasn't all that interesting. He even admitted that when he did the NFT a year ago he didn't really know what they were and was just asked to provide some images. I'm guessing that upwards of 95% of the art that's being cranked out will be totally worthless in the nearish future and I suppose the challenge is finding the other 5%. |
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FЯ
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NFT Art
Mar 23, 2021 17:11:10 GMT 1
NFT Art , by FЯ on Mar 23, 2021 17:11:10 GMT 1, The part that people are missing is that you're relying on technology to prove ownership. There are people already sharing stories of accounts being compromised and assets transfered out with no recourse being possible. How do you insure something that can't be destroyed but can be irreversibly transfered with a few taps of a finger? Furthermore, in some cases you're relying on private companies to prove ownership. If and when the company shuts down due to lack of interest or capital, your ownership is now gone.
nothing on blockchain can be deleted by anyone.
you cant transfer out a blockchain asset unless the persons account was hacked on a website or platform. then thats their stupid fault.
the blockchain is forever you just need to token number to look it up.
The part that people are missing is that you're relying on technology to prove ownership. There are people already sharing stories of accounts being compromised and assets transfered out with no recourse being possible. How do you insure something that can't be destroyed but can be irreversibly transfered with a few taps of a finger? Furthermore, in some cases you're relying on private companies to prove ownership. If and when the company shuts down due to lack of interest or capital, your ownership is now gone. nothing on blockchain can be deleted by anyone. you cant transfer out a blockchain asset unless the persons account was hacked on a website or platform. then thats their stupid fault. the blockchain is forever you just need to token number to look it up. |
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FЯ
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NFT Art
Mar 23, 2021 17:15:27 GMT 1
NFT Art , by FЯ on Mar 23, 2021 17:15:27 GMT 1, You cant delete the data though, with an NFT it is just down to who did it first being the original.
Someone could steal and repost but its obvious its a copy as its all logged
You cant delete the data though, with an NFT it is just down to who did it first being the original.
Someone could steal and repost but its obvious its a copy as its all logged
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FЯ
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NFT Art
Mar 23, 2021 17:16:33 GMT 1
NFT Art , by FЯ on Mar 23, 2021 17:16:33 GMT 1, nothing on blockchain can be deleted by anyone. you cant transfer out a blockchain asset unless the persons account was hacked on a website or platform. then thats their stupid fault. the blockchain is forever you just need to token number to look it up. The blockchain is not forever if the company is using their own, like in the case of NBA top shots. At which point its just a database with a fancy name.
can you just google 'is the blockchain forever' - it will save me typing.
nothing on blockchain can be deleted by anyone. you cant transfer out a blockchain asset unless the persons account was hacked on a website or platform. then thats their stupid fault. the blockchain is forever you just need to token number to look it up. The blockchain is not forever if the company is using their own, like in the case of NBA top shots. At which point its just a database with a fancy name. can you just google 'is the blockchain forever' - it will save me typing. |
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FЯ
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NFT Art
Mar 23, 2021 17:18:16 GMT 1
NFT Art , by FЯ on Mar 23, 2021 17:18:16 GMT 1, can you just google 'is the blockchain forever' - it will save me typing. You really have no idea what you're talking about at this point.
can you just google 'is the blockchain forever' - it will save me typing. You really have no idea what you're talking about at this point. well you dont if you think each person (or company if your going to be smart) has their own blockchain. lol. |
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NFT Art
Mar 23, 2021 17:20:19 GMT 1
NFT Art , by Sixty Bells on Mar 23, 2021 17:20:19 GMT 1, Imagine living in a house with screens on every wall, playing 15 second loops of some 3D visualisers latest multicoloured NFT. It'll give you a nervous breakdown
Imagine living in a house with screens on every wall, playing 15 second loops of some 3D visualisers latest multicoloured NFT. It'll give you a nervous breakdown
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FЯ
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NFT Art
Mar 23, 2021 17:20:33 GMT 1
NFT Art , by FЯ on Mar 23, 2021 17:20:33 GMT 1, well you dont if you think each person has their own blockchain. lol. You're really just digging the hole deeper at this point...
If you mean nodes, then your also wrong as you cant delete info as there will be a record on another node somewhere. millions of nodes
well you dont if you think each person has their own blockchain. lol. You're really just digging the hole deeper at this point... If you mean nodes, then your also wrong as you cant delete info as there will be a record on another node somewhere. millions of nodes |
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kuni
Junior Member
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February 2018
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NFT Art
Mar 23, 2021 17:23:05 GMT 1
NFT Art , by kuni on Mar 23, 2021 17:23:05 GMT 1, nothing on blockchain can be deleted by anyone. you cant transfer out a blockchain asset unless the persons account was hacked on a website or platform. then thats their stupid fault. the blockchain is forever you just need to token number to look it up. The blockchain is not forever if the company is using their own, like in the case of NBA top shots. At which point its just a database with a fancy name.
Kind of related but there's some speculation that Top Shots may not be solvent and is one massive financial fraud. My own personal experience was that i won a pack there and sold it for around $750. Went to take that money out, deposit it to my US bank account, and am told it takes 6-8 weeks to process withdrawals. Not days...WEEKS. There is literally no good reason it should take this long, unless of course they don't have the cash to pay out.
But I digress.
nothing on blockchain can be deleted by anyone. you cant transfer out a blockchain asset unless the persons account was hacked on a website or platform. then thats their stupid fault. the blockchain is forever you just need to token number to look it up. The blockchain is not forever if the company is using their own, like in the case of NBA top shots. At which point its just a database with a fancy name. Kind of related but there's some speculation that Top Shots may not be solvent and is one massive financial fraud. My own personal experience was that i won a pack there and sold it for around $750. Went to take that money out, deposit it to my US bank account, and am told it takes 6-8 weeks to process withdrawals. Not days...WEEKS. There is literally no good reason it should take this long, unless of course they don't have the cash to pay out. But I digress. |
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FЯ
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NFT Art
Mar 23, 2021 17:23:49 GMT 1
NFT Art , by FЯ on Mar 23, 2021 17:23:49 GMT 1, If you mean nodes, then your also wrong as you cant delete info as there will be a record on another node somewhere. millions of nodes It's totally fine if at this point you say you have no idea what blockchain is or how it works
go on then clever dick, enlighten us.
If you mean nodes, then your also wrong as you cant delete info as there will be a record on another node somewhere. millions of nodes It's totally fine if at this point you say you have no idea what blockchain is or how it works go on then clever dick, enlighten us. |
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FЯ
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NFT Art
Mar 23, 2021 17:29:22 GMT 1
NFT Art , by FЯ on Mar 23, 2021 17:29:22 GMT 1, The blockchain is not forever if the company is using their own, like in the case of NBA top shots. At which point its just a database with a fancy name. Kind of related but there's some speculation that Top Shots may not be solvent and is one massive financial fraud. My own personal experience was that i won a pack there and sold it for around $750. Went to take that money out, deposit it to my US bank account, and am told it takes 6-8 weeks to process withdrawals. Not days...WEEKS. There is literally no good reason it should take this long, unless of course they don't have the cash to pay out. But I digress.
This looks like a wallet provider scam rather than blockchain issue. Everythings overloaded and expensive at the moment due to alot of transactions. its quite possible it will take a month or two to process new accounts - i don't know the details of that one.
So many wallets though- its a minefield. Best thing to do is move any crypto to a ledger pen
The blockchain is not forever if the company is using their own, like in the case of NBA top shots. At which point its just a database with a fancy name. Kind of related but there's some speculation that Top Shots may not be solvent and is one massive financial fraud. My own personal experience was that i won a pack there and sold it for around $750. Went to take that money out, deposit it to my US bank account, and am told it takes 6-8 weeks to process withdrawals. Not days...WEEKS. There is literally no good reason it should take this long, unless of course they don't have the cash to pay out. But I digress. This looks like a wallet provider scam rather than blockchain issue. Everythings overloaded and expensive at the moment due to alot of transactions. its quite possible it will take a month or two to process new accounts - i don't know the details of that one. So many wallets though- its a minefield. Best thing to do is move any crypto to a ledger pen |
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kuni
Junior Member
🗨️ 1,153
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February 2018
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NFT Art
Mar 23, 2021 18:09:52 GMT 1
NFT Art , by kuni on Mar 23, 2021 18:09:52 GMT 1, Kind of related but there's some speculation that Top Shots may not be solvent and is one massive financial fraud. My own personal experience was that i won a pack there and sold it for around $750. Went to take that money out, deposit it to my US bank account, and am told it takes 6-8 weeks to process withdrawals. Not days...WEEKS. There is literally no good reason it should take this long, unless of course they don't have the cash to pay out. But I digress. This looks like a wallet provider scam rather than blockchain issue. Everythings overloaded and expensive at the moment due to alot of transactions. its quite possible it will take a month or two to process new accounts - i don't know the details of that one. So many wallets though- its a minefield. Best thing to do is move any crypto to a ledger pen
I agree it's not a blockchain issue per se it's a shady company issue which is using the blockchain to build a shady company.
Here's a solid account of what's going on from a guy who's got $70k tied up that he can't get out. If Top Shots bans him or cancels his account he can't go to blockchain.com and somehow get his money. He's at the whim of the company and this idea of the blockchain gives a false sense of security.
Check it out: Top Shots is a Scam
Kind of related but there's some speculation that Top Shots may not be solvent and is one massive financial fraud. My own personal experience was that i won a pack there and sold it for around $750. Went to take that money out, deposit it to my US bank account, and am told it takes 6-8 weeks to process withdrawals. Not days...WEEKS. There is literally no good reason it should take this long, unless of course they don't have the cash to pay out. But I digress. This looks like a wallet provider scam rather than blockchain issue. Everythings overloaded and expensive at the moment due to alot of transactions. its quite possible it will take a month or two to process new accounts - i don't know the details of that one. So many wallets though- its a minefield. Best thing to do is move any crypto to a ledger pen I agree it's not a blockchain issue per se it's a shady company issue which is using the blockchain to build a shady company. Here's a solid account of what's going on from a guy who's got $70k tied up that he can't get out. If Top Shots bans him or cancels his account he can't go to blockchain.com and somehow get his money. He's at the whim of the company and this idea of the blockchain gives a false sense of security. Check it out: Top Shots is a Scam |
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NFT Art
Mar 23, 2021 18:57:31 GMT 1
NFT Art , by startimeash on Mar 23, 2021 18:57:31 GMT 1, It's totally fine if at this point you say you have no idea what blockchain is or how it works go on then clever dick, enlighten us.
en.wikipedia.org/wiki/Blockchain#Types
It's totally fine if at this point you say you have no idea what blockchain is or how it works go on then clever dick, enlighten us. There are multiple blockchains. Anyone can create one. It is simply a way of storing the data. en.wikipedia.org/wiki/Blockchain#Types |
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NFT Art
Mar 23, 2021 18:59:24 GMT 1
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NFT Art
Mar 23, 2021 19:02:35 GMT 1
NFT Art , by startimeash on Mar 23, 2021 19:02:35 GMT 1, Mining does not provide network security
Many blockchain (especially Bitcoin) proponents argue that miners maintain the stability and security of a blockchain. If there are enough miners this is true.
The problem is that miners can combine. If they do they assemble a coven (in Bitcoin’s case, >50% of mining power) they can rewrite or alter the blockchain record. If this is possible, the security of data disappears.
The counter argument is that there is no economic incentive for miners to shoot themselves in their economic feet. This may be correct where there is sufficient economic incentive.
The counter-counter argument is that a malicious ‘actor’ may find it worthwhile, say for political reasons, to take control, even if only temporarily. The mere possibility of disrupting network security should give enterprises food for thought.
Mining does not provide network security
Many blockchain (especially Bitcoin) proponents argue that miners maintain the stability and security of a blockchain. If there are enough miners this is true.
The problem is that miners can combine. If they do they assemble a coven (in Bitcoin’s case, >50% of mining power) they can rewrite or alter the blockchain record. If this is possible, the security of data disappears.
The counter argument is that there is no economic incentive for miners to shoot themselves in their economic feet. This may be correct where there is sufficient economic incentive.
The counter-counter argument is that a malicious ‘actor’ may find it worthwhile, say for political reasons, to take control, even if only temporarily. The mere possibility of disrupting network security should give enterprises food for thought.
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tab1
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NFT Art
Mar 23, 2021 21:47:58 GMT 1
via mobile
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jones27
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NFT Art
Mar 23, 2021 23:29:03 GMT 1
via mobile
NFT Art , by jones27 on Mar 23, 2021 23:29:03 GMT 1, If the NFTs were prone to bots, offered at sub £200 and had a resale of x10-20 cost then this thread would not exist.
If the NFTs were prone to bots, offered at sub £200 and had a resale of x10-20 cost then this thread would not exist.
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Rubberneck
Junior Member
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NFT Art
Mar 24, 2021 18:10:21 GMT 1
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acaipride
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NFT Art
Mar 24, 2021 18:18:13 GMT 1
There you go..there is one more big player missing though. Like I mentioned before, strengthen your eth hold |
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Those are just pieces of paper, which will be affixed to what was a jpg of his work, which is now printed/applied to paper as the storage medium for that digital file. NFTs are just a digital storage medium for the same thing. And yes all the on-chain/off-chain stuff is messy now but archiving solutions will be introduced in due time I think. 
