veetee
New Member
🗨️ 118
👍🏻 114
January 2021
|
NFT Art
Mar 30, 2021 11:00:41 GMT 1
NFT Art , by veetee on Mar 30, 2021 11:00:41 GMT 1, Yeh this is pretty lame. And sad if this really is the way art is headed! At least Faile have made more of an effort with their NFT release though.
Yeh this is pretty lame. And sad if this really is the way art is headed! At least Faile have made more of an effort with their NFT release though. |
|
kuni
Junior Member
🗨️ 1,153
👍🏻 1,818
February 2018
|
NFT Art
Mar 30, 2021 11:42:09 GMT 1
NFT Art , by kuni on Mar 30, 2021 11:42:09 GMT 1,
This is going to end up going for $1M+ isn't it? So gross.
This is going to end up going for $1M+ isn't it? So gross.
|
|
kuni
Junior Member
🗨️ 1,153
👍🏻 1,818
February 2018
|
NFT Art , by kuni on Mar 31, 2021 2:46:41 GMT 1, Faile has a drop tomorrow on niftygateway and i like what i see.
niftygateway.com/collections/faile
niftygateway.com/collections/faileopen
Some nice pieces in the mix, i'll probably pick up the Too Big to Faile open edition and go for a few of the lower probability drawings. Cool to see the Modern Living piece animated and the Wonder Fall piece is classic Faile.
They took some heat on their instagram for doing this drop but they took it in stride and explained that they've been doing digital art for almost a decade.
Anyway, some of the better art to grace the interwebs lately.
Faile has a drop tomorrow on niftygateway and i like what i see. niftygateway.com/collections/faileniftygateway.com/collections/faileopenSome nice pieces in the mix, i'll probably pick up the Too Big to Faile open edition and go for a few of the lower probability drawings. Cool to see the Modern Living piece animated and the Wonder Fall piece is classic Faile. They took some heat on their instagram for doing this drop but they took it in stride and explained that they've been doing digital art for almost a decade. Anyway, some of the better art to grace the interwebs lately. |
|
|
|
NFT Art
Mar 31, 2021 22:17:23 GMT 1
via mobile
NFT Art , by Terry Fuckwitt on Mar 31, 2021 22:17:23 GMT 1, Watched Newsnight last night with Jonathan Yeo talking about NFT's. Jerry Saltz sums it up really
www.bbc.co.uk/programmes/p09ccy86
|
|
|
|
NFT Art
Mar 31, 2021 23:58:47 GMT 1
via mobile
NFT Art , by My Name is Frank on Mar 31, 2021 23:58:47 GMT 1, Realistically limited edition gifs are rubbish. The platform allows you to subscribe to a channel, that’s the future of it. These one off gifs are dog shit and miss the point, you don’t want an image, you’ll want access
Realistically limited edition gifs are rubbish. The platform allows you to subscribe to a channel, that’s the future of it. These one off gifs are dog shit and miss the point, you don’t want an image, you’ll want access
|
|
|
|
|
|
FЯ
Full Member
🗨️ 8,264
👍🏻 9,252
May 2013
|
NFT Art
Apr 1, 2021 7:54:57 GMT 1
via mobile
NFT Art , by FЯ on Apr 1, 2021 7:54:57 GMT 1,
Flash is dead, its not supported anymore.
They binned it last year - learn after effects.
Flash is dead, its not supported anymore. They binned it last year - learn after effects. |
|
Deleted
🗨️ 0
👍🏻
January 1970
|
NFT Art , by Deleted on Apr 1, 2021 8:05:39 GMT 1, People comparing NFTs vs tangible art to MP3s vs CDs, or similar, are viewing this incorrectly, I think. It doesn't seem it's really a technology issue. The question isn't whether people will embrace digital art, it's whether people, long-term, will pay vastly more for digital art than they would for tangible art. It's hard to see a good reason why anyone would.
If the whole point is bragging rights, why are the bragging rights for owning a digital Faile edition worth $5,000, while the bragging rights for owning a tangible Faile edition are a few hundred dollars? Even factoring in 'kids prefer digital stuff', the sums make no sense. Faile is just an example. The same would apply to most established artists who've just started doing NFTs.
From what others have said, it seems that the prices can't be kept low because of the cost of 'mining' (I only vaguely understand this, but think I grasp the basics). You could do lower-priced huge editions to cover the cost, but then you kill the exclusivity that seems to be the whole point. So you're paying a premium for the cost of production, if I've understood properly.
It surely can't be a sustainable market? You can't buy into emerging artists at low cost, so it doesn't serve people buying for art rather than investment. All evidence shows that most works lose value immediately after release, so it seems highly risky for those just in it for investment. So who is it for?
People comparing NFTs vs tangible art to MP3s vs CDs, or similar, are viewing this incorrectly, I think. It doesn't seem it's really a technology issue. The question isn't whether people will embrace digital art, it's whether people, long-term, will pay vastly more for digital art than they would for tangible art. It's hard to see a good reason why anyone would.
If the whole point is bragging rights, why are the bragging rights for owning a digital Faile edition worth $5,000, while the bragging rights for owning a tangible Faile edition are a few hundred dollars? Even factoring in 'kids prefer digital stuff', the sums make no sense. Faile is just an example. The same would apply to most established artists who've just started doing NFTs.
From what others have said, it seems that the prices can't be kept low because of the cost of 'mining' (I only vaguely understand this, but think I grasp the basics). You could do lower-priced huge editions to cover the cost, but then you kill the exclusivity that seems to be the whole point. So you're paying a premium for the cost of production, if I've understood properly.
It surely can't be a sustainable market? You can't buy into emerging artists at low cost, so it doesn't serve people buying for art rather than investment. All evidence shows that most works lose value immediately after release, so it seems highly risky for those just in it for investment. So who is it for?
|
|
vernaxley
New Member
🗨️ 277
👍🏻 138
September 2014
|
NFT Art , by vernaxley on Apr 1, 2021 19:40:29 GMT 1,
Stick the word crypto in front of anything and watch it fly into the hands of those who missed out on Bitcoin.
NFT is art for people that don't understand art, but who are looking for a digital investment. And that's the problem: why invest in something you don't understand?
It will only really work if enough people buy into it. The two main problems are: the entry prices are too high and some of the imagery on offer is just fucking awful.
Anyone who knows art knows that the image is king and can have a very direct affect on the value of the piece.
I can see a lot of people losing a lot of money.
It's been tried before. You can pick up digital art from some top names as cheap as £35.(see www.seditionart.com/). I can't ever see them increasing in value.
Nor can I see most NFTs ever paying back the money already invested in them.
Stick the word crypto in front of anything and watch it fly into the hands of those who missed out on Bitcoin. NFT is art for people that don't understand art, but who are looking for a digital investment. And that's the problem: why invest in something you don't understand? It will only really work if enough people buy into it. The two main problems are: the entry prices are too high and some of the imagery on offer is just fucking awful. Anyone who knows art knows that the image is king and can have a very direct affect on the value of the piece. I can see a lot of people losing a lot of money. It's been tried before. You can pick up digital art from some top names as cheap as £35.(see www.seditionart.com/). I can't ever see them increasing in value. Nor can I see most NFTs ever paying back the money already invested in them. |
|
Rubberneck
Junior Member
🗨️ 1,050
👍🏻 1,433
October 2018
|
|
|
|
|
NFT Art
Apr 2, 2021 9:13:38 GMT 1
via mobile
NFT Art , by Sixty Bells on Apr 2, 2021 9:13:38 GMT 1,
This bit was illuminating
Lemercier believes the main NFT marketplaces are reluctant to invest in the transition to Proof of Stake or adopt the scaling solution—as Palm has—because the boom may soon be over. He says: “The underlying narrative is that they won’t spend any time on scaling because the bubble is going to burst anyway.”
This bit was illuminating Lemercier believes the main NFT marketplaces are reluctant to invest in the transition to Proof of Stake or adopt the scaling solution—as Palm has—because the boom may soon be over. He says: “The underlying narrative is that they won’t spend any time on scaling because the bubble is going to burst anyway.” |
|
eliopp
New Member
🗨️ 216
👍🏻 244
September 2019
|
NFT Art
Apr 2, 2021 12:17:09 GMT 1
via mobile
NFT Art , by eliopp on Apr 2, 2021 12:17:09 GMT 1, Stick the word crypto in front of anything and watch it fly into the hands of those who missed out on Bitcoin. NFT is art for people that don't understand art, but who are looking for a digital investment. And that's the problem: why invest in something you don't understand? It will only really work if enough people buy into it. The two main problems are: the entry prices are too high and some of the imagery on offer is just fucking awful. Anyone who knows art knows that the image is king and can have a very direct affect on the value of the piece. I can see a lot of people losing a lot of money. Some people will eventually make out of it, but like the real art world, it will be confined to those with deep pockets who can afford to buy into the conspiracy and prop up their own market. It's been tried before. You can pick up digital art from some top names as cheap as £35.(see www.seditionart.com/). I can't ever see them increasing in value. Nor can I see most NFTs ever paying back the money invested in them.
There are loads of low cost NFTs. Your argument is a bit like saying "people can't afford a Van Gogh, so art is pointless". Or better still "the average person can't afford a banksy print, so urban art is pointless".
Personally I'll always prefer physical art over digital art of course. But I collect vinyl and use spotify. There's going to be room for both.
Stick the word crypto in front of anything and watch it fly into the hands of those who missed out on Bitcoin. NFT is art for people that don't understand art, but who are looking for a digital investment. And that's the problem: why invest in something you don't understand? It will only really work if enough people buy into it. The two main problems are: the entry prices are too high and some of the imagery on offer is just fucking awful. Anyone who knows art knows that the image is king and can have a very direct affect on the value of the piece. I can see a lot of people losing a lot of money. Some people will eventually make out of it, but like the real art world, it will be confined to those with deep pockets who can afford to buy into the conspiracy and prop up their own market. It's been tried before. You can pick up digital art from some top names as cheap as £35.(see www.seditionart.com/). I can't ever see them increasing in value. Nor can I see most NFTs ever paying back the money invested in them. There are loads of low cost NFTs. Your argument is a bit like saying "people can't afford a Van Gogh, so art is pointless". Or better still "the average person can't afford a banksy print, so urban art is pointless". Personally I'll always prefer physical art over digital art of course. But I collect vinyl and use spotify. There's going to be room for both. |
|
ajr
New Member
🗨️ 325
👍🏻 342
February 2018
|
NFT Art
Apr 2, 2021 12:34:22 GMT 1
via mobile
NFT Art , by ajr on Apr 2, 2021 12:34:22 GMT 1, I'm surprised watch makers haven't jumped on the bandwagon. Imagine owning a Rolex gif....
I'm surprised watch makers haven't jumped on the bandwagon. Imagine owning a Rolex gif....
|
|
omeel
New Member
🗨️ 33
👍🏻 47
October 2014
|
|
|
|
|
|
|
NFT Art
Apr 2, 2021 15:17:18 GMT 1
via mobile
NFT Art , by Terry Fuckwitt on Apr 2, 2021 15:17:18 GMT 1, Would be too rich for me, but I can see Julian Opie making good use of an NFT.
Would be too rich for me, but I can see Julian Opie making good use of an NFT.
|
|
vethar
New Member
🗨️ 77
👍🏻 72
March 2021
|
|
|
theclash
New Member
🗨️ 581
👍🏻 644
May 2020
|
NFT Art
Apr 3, 2021 17:54:25 GMT 1
via mobile
|
|
theclash
New Member
🗨️ 581
👍🏻 644
May 2020
|
NFT Art
Apr 4, 2021 20:39:43 GMT 1
via mobile
NFT Art , by theclash on Apr 4, 2021 20:39:43 GMT 1, If you think NFTs are a crock of sh*t wait until you get acquainted with BitClout. Spending some time in the Discord while on the indoor bike. A load of nonsense set up a couple months back, AltCoin worth > 1bn already but you can only transfer in money not out.
You invest in the Social Capital of influencers and celebrities; which equates to pure nonsense
If you think NFTs are a crock of sh*t wait until you get acquainted with BitClout. Spending some time in the Discord while on the indoor bike. A load of nonsense set up a couple months back, AltCoin worth > 1bn already but you can only transfer in money not out.
You invest in the Social Capital of influencers and celebrities; which equates to pure nonsense
|
|
kuni
Junior Member
🗨️ 1,153
👍🏻 1,818
February 2018
|
NFT Art , by kuni on Apr 5, 2021 14:16:58 GMT 1, This week on niftygateway there are drops from (amongst others) Michael Kagan and Futura. I'm interested to see what they both do with the medium and pray it's not another Pantone which turned out to be a fantastic way of setting $1k on fire.
This week on niftygateway there are drops from (amongst others) Michael Kagan and Futura. I'm interested to see what they both do with the medium and pray it's not another Pantone which turned out to be a fantastic way of setting $1k on fire.
|
|
vethar
New Member
🗨️ 77
👍🏻 72
March 2021
|
|
|
Rubberneck
Junior Member
🗨️ 1,050
👍🏻 1,433
October 2018
|
|
|
Pawel
Junior Member
🗨️ 3,801
👍🏻 3,274
June 2015
|
NFT Art
Apr 5, 2021 17:53:18 GMT 1
via mobile
|
|
|
|
Twister
New Member
🗨️ 47
👍🏻 29
January 2021
|
|
|
artzzzy
New Member
🗨️ 246
👍🏻 214
January 2021
|
NFT Art
Apr 5, 2021 18:02:35 GMT 1
via mobile
NFT Art , by artzzzy on Apr 5, 2021 18:02:35 GMT 1,
In one word 🤮
But honestly, coming from him I’m not surprised.,
The last interesting work he did without the pure scope of milking collectors was over ten years ago
In one word 🤮 But honestly, coming from him I’m not surprised., The last interesting work he did without the pure scope of milking collectors was over ten years ago |
|
Twister
New Member
🗨️ 47
👍🏻 29
January 2021
|
NFT Art , by Twister on Apr 5, 2021 18:31:10 GMT 1,
|
|
pjc
New Member
🗨️ 354
👍🏻 271
July 2020
|
wait, how did it go from NFT 1 to NFT 15? i just might sign up for a cryto wallet afterall...keep up the good work. |
|
jp
New Member
🗨️ 431
👍🏻 504
September 2006
|
NFT Art , by jp on Apr 6, 2021 6:32:29 GMT 1,
You're welcome / Deepest Apologies
You're welcome / Deepest Apologies
|
|
jimmyjam
New Member
🗨️ 578
👍🏻 546
October 2019
|
|
|
|
|
NFT Art , by Extra Ball on Apr 6, 2021 12:08:21 GMT 1, Is there a relationship between nft and crypto values at the moment? including ethereum?
Is there a relationship between nft and crypto values at the moment? including ethereum?
|
|
acaipride
New Member
🗨️ 906
👍🏻 447
April 2020
|
NFT Art
Apr 6, 2021 12:43:47 GMT 1
via mobile
NFT Art , by acaipride on Apr 6, 2021 12:43:47 GMT 1, Is there a relationship between nft and crypto values at the moment? including ethereum?
From the very beginning, it was a strengthening of ETH.
You had quite a few new accts on here volcanically pushing NFT this NFT that, meanwhile from my corner desk I sent out a memo staying yo buy the underlying asset , ETH.
Is there a relationship between nft and crypto values at the moment? including ethereum? From the very beginning, it was a strengthening of ETH. You had quite a few new accts on here volcanically pushing NFT this NFT that, meanwhile from my corner desk I sent out a memo staying yo buy the underlying asset , ETH. |
|
