Keyser_Soze Posted January 27, 2022 Share Posted January 27, 2022 1 hour ago, Komusha said: Jimmy Fallon Could Actually Be In Trouble For Awkwardly Pumping His Dumb Bored Ape NFT With Paris Hilton He could be but isn't. 1 Quote Link to comment Share on other sites More sharing options...
Kamusha Posted January 27, 2022 Share Posted January 27, 2022 I somehow did think it was possible to dislike Fallon any less. Showing off a $200,000 piece of digital art on TV in front of an audience who could never afford it is just gross. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted January 27, 2022 Share Posted January 27, 2022 3 minutes ago, Komusha said: I somehow did think it was possible to dislike Fallon any less. Showing off a $200,000 piece of digital art on TV in front of an audience who could never afford it is just gross. *any more Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted January 27, 2022 Share Posted January 27, 2022 I watched that 2 hour long Problem with NFTs YouTube video today. It's well done. I wouldn't really say it made me more cynical than I was about crypto and NFTs, because I think I was already about as cynical as you can get, but it filled in a few blanks in my understanding. The section about people getting suckered into "play to earn" games and then essentially getting ordered around by pitbosses is especially grim. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 27, 2022 Share Posted January 27, 2022 21 minutes ago, Komusha said: I somehow did think it was possible to dislike Fallon any less. Showing off a $200,000 piece of digital art on TV in front of an audience who could never afford it is just gross. Sadly that's how a lot of people justify buying these. "I like the artwork" or "I chose it because x" - Hey man it looks like shit! Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted January 27, 2022 Share Posted January 27, 2022 Imagine If Celebrities Actually Cared About Art | Defector DEFECTOR.COM The thing about NFTs is they are not real. You own a version of an image that exists inside your computer. What NFTs really are, though, is the culmination of rich people shaving the art industry down into a place for them to flaunt their own wealth or hide it. There's nothing more to it. It's not interesting. It's killing the planet. It's a game for people with so much money that they can afford to toss $500,000 in the trash for fun. This is really good: But it’s even stupider than that. Investments do not actually pay off until you have managed to sell it to someone else. Rich people investing in art have made it a much more stable world to turn a profit than it probably should be, but this is by no means foolproof, or morally defensible. The reason people collect art instead of stocks or jewels or gold bars is because it is beautiful. Because art whispers something special in your ear that transforms you and the ways you see this world. Art moves people so much they call it priceless, not because they haven’t had it properly appraised, but because of immeasurable personal value. At the very least you are supposed to buy art you actually fucking like! What’s so embarrassing to me about this clip is that they don’t even seem to care about their apes at all. They have no interest in them. They barely even see their apes, probably because all they own is an expensive screenshot of their ape and the promise that it—and the people who own these apeshots—are unique and breathtaking. The whole time this little fragment was going on, I kept imagining a real piece of art in Fallon’s hand. Imagine if they had both invested in some artist’s work because they really liked the way that it looked and found it interesting. Imagine if they’d both bought a piece they found because they simply wanted something beautiful and now, on The Tonight Show of all places, they could introduce this artist to the world. They would still be doing the same thing: increasing the value of their investment by artificially inflating the demand. But at least there might be a glimmer of passion there, a sense that they are investing in the arts because they love this piece and not just because their accountant told them to move money around. TLDR art matters and is important, and this shit isn't about art or artists it's just a way for rich people to add a zero or two to their investment portfolio. 1 Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 27, 2022 Share Posted January 27, 2022 59 minutes ago, thewhyteboar said: TLDR art matters and is important, and this shit isn't about art or artists it's just a way for rich people to add a zero or two to their investment portfolio. When I worked at Callaway it was clear the people that wanted the work done has no sense of aesthetics or concept of what looked good, that's why you got paid because you knew what looked good and they didn't. Unless of course the work looked nothing like they wanted (usually their fault for not looking at the artwork they sent or the instructions that were sent down) Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 27, 2022 Share Posted January 27, 2022 I keep seeing job listings for artists go up and a lot of them are for NFTs or something like this: https://www.dnablock.com/ I don't think I could get on board with something like that. Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 27, 2022 Share Posted January 27, 2022 7 hours ago, Keyser_Soze said: When I worked at Callaway it was clear the people that wanted the work done has no sense of aesthetics or concept of what looked good, that's why you got paid because you knew what looked good and they didn't. Unless of course the work looked nothing like they wanted (usually their fault for not looking at the artwork they sent or the instructions that were sent down) I was in Mexico and white people had local taste guides who would tell them what to buy from the artists zone lol. They would book them in advance and it was a whole experience. Being Mexican I know the guides are just suggesting different artists in rotation so everyone gets fed. It was clear they had no idea what art is and they had no opinions of their own so they needed experts to tell them. We ended up near a family of them at dinner once and it was like 3 sticks of beige with no personality wondering why they had nothing to talk about. That was their whole conversation for hours. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 27, 2022 Share Posted January 27, 2022 25 minutes ago, SuperSpreader said: I was in Mexico and white people had local taste guides who would tell them what to buy from the artists zone lol. They would book them in advance and it was a whole experience. Being Mexican I know the guides are just suggesting different artists in rotation so everyone gets fed. Gotta buy those frog statues fo sho. Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 27, 2022 Share Posted January 27, 2022 4 minutes ago, Keyser_Soze said: Gotta buy those frog statues fo sho. haha this was a artists artists area in San Miguel de Allende not artesanía. Half the artists were European living in San Miguel. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted January 28, 2022 Share Posted January 28, 2022 1 6 2 Quote Link to comment Share on other sites More sharing options...
MarSolo Posted January 28, 2022 Share Posted January 28, 2022 Wait, is that all NFTs are now? A picture of that ape? Fuck that, buy my pixelated vampire gorilla! Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 28, 2022 Share Posted January 28, 2022 42 minutes ago, MarSolo said: Wait, is that all NFTs are now? A picture of that ape? Fuck that, buy my pixelated vampire gorilla! I think I mentioned this earlier but if you watch that (2 hour) video, there's a section where he joins a bunch of NFT discords and then it shows all the amazingly original NFTs out there. Not just repeats of apes, but there are sharks, cats and even pixel boobs! Quote Link to comment Share on other sites More sharing options...
Chadatog Posted January 28, 2022 Share Posted January 28, 2022 Never forget the NFT of George Floyd as a cop Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted January 28, 2022 Share Posted January 28, 2022 If you want some cringy lols, check this site out: Web3 is going just great WEB3ISGOINGGREAT.COM A timeline of some of the greatest hits in cryptocurrencies, NFTs, and other web3 projects since the beginning of 2021. Hint—it's not going well. Quote Link to comment Share on other sites More sharing options...
Jason Posted January 29, 2022 Author Share Posted January 29, 2022 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted January 29, 2022 Share Posted January 29, 2022 2 1 Quote Link to comment Share on other sites More sharing options...
heydude93 Posted January 30, 2022 Share Posted January 30, 2022 More Than 80% of NFTs Created for Free on OpenSea Are Fraud or Spam, Company Says WWW.VICE.COM After reversing course on a limit to the amount of free NFTs a user can create, OpenSea said the decision was due to the amount of fraud and spam. 1 Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted January 30, 2022 Share Posted January 30, 2022 1 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 30, 2022 Share Posted January 30, 2022 lol who is making money off these? Quote Link to comment Share on other sites More sharing options...
Ricofoley Posted January 30, 2022 Share Posted January 30, 2022 wow 2 Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted February 1, 2022 Share Posted February 1, 2022 I posted this on The Spawn Point as there is a gaming link, but it should definitely go here as well. Yanis Varoufakis on Crypto & the Left, and Techno-Feudalism THE-CRYPTO-SYLLABUS.COM "Within our present oligarchic, exploitative, irrational, and inhuman world system, the rise of crypto applications will only make our society more oligarchic, more exploitative, more... Quote Link to comment Share on other sites More sharing options...
Jason Posted February 1, 2022 Author Share Posted February 1, 2022 Is that the Greek hat economy guy? Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted February 1, 2022 Share Posted February 1, 2022 1 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted February 1, 2022 Share Posted February 1, 2022 Now, if someone sold their coins for $500,000 and has the cash and owes $100,000 to the government, that's perhaps not the end of the world. But if they sold them for $500,000 and then immediately just bought more stuff, losing all liquidity...yeah, that's stupid. 1 Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted February 1, 2022 Share Posted February 1, 2022 9 hours ago, Jason said: Is that the Greek hat economy guy? Sure is! Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted February 2, 2022 Share Posted February 2, 2022 Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted February 2, 2022 Share Posted February 2, 2022 They should be forced to give the name back. Quote Link to comment Share on other sites More sharing options...
Guest Posted February 2, 2022 Share Posted February 2, 2022 On 2/1/2022 at 8:59 AM, CitizenVectron said: Now, if someone sold their coins for $500,000 and has the cash and owes $100,000 to the government, that's perhaps not the end of the world. But if they sold them for $500,000 and then immediately just bought more stuff, losing all liquidity...yeah, that's stupid. The issue is a lot of these crypto platforms are treating these like card network transactions, and reporting 1099 income to the IRS, but there is no cost side of the transactions. So a person who buys/sells over and over could rack up substantial “income” while actually losing money. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted February 3, 2022 Share Posted February 3, 2022 Lololololo Quote One of the most popular cross-blockchain bridges may have been the victim of a hack worth over $326 million on Wednesday. Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over $326M WWW.COINDESK.COM The popular bridge for connecting Ethereum, Solana and more is now attempting to negotiate on-chain with the hacker. 1 Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted February 3, 2022 Share Posted February 3, 2022 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted February 3, 2022 Author Share Posted February 3, 2022 Guys we should make an ohioguy NFT and then rent it out to ohioguy. Crypto landlords are renting NFTs to gamers and taking a cut of their profits FORTUNE.COM A Philippines-based gamer said after he showed his crypto earnings to friends, "they were like, ‘Whoa, how do you do that?'" 1 Quote Link to comment Share on other sites More sharing options...
Ghost_MH Posted February 5, 2022 Share Posted February 5, 2022 Hey, an NFTs used to track the ownership of s physical good. No...wait...not like that... Historic Glass Plate Photos Sold as NFTs, Buyer Told to 'Smash' Originals | PetaPixel PETAPIXEL.COM "Smash it." 1 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted February 5, 2022 Share Posted February 5, 2022 2 hours ago, Ghost_MH said: Hey, an NFTs used to track the ownership of s physical good. No...wait...not like that... Historic Glass Plate Photos Sold as NFTs, Buyer Told to 'Smash' Originals | PetaPixel PETAPIXEL.COM "Smash it." Quote Link to comment Share on other sites More sharing options...
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