NFTs
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- mantrakid11
- How much did minting cost?R_Kercz
- first one was like $100ish but subsequent tokens were about $40-50 each depending on the time of daymantrakid
- Thanks for the infoR_Kercz
- dope stuff.neverscared
- Hey, mantrakid. I will buy this from you. This making it a hiatoric first NFT transaction between qbneroszaq
- * Thus making it a historical first *zaq
- Submitted a Bidzaq
- like that grid below....how long did it take to buy Eth? I am waiting on that so I can get into the game....they say 3-5 days?dkoblesky
- I don’t get what “purchasing” a $100+ animated gif gets youscarabin
- I literally just saved it for free?scarabin
- 3-6 pm est is sometimes a good window for lower gas feesBH26
- @scarabin by saving it you don't own it though. This concept of a digital artwork being your property is what is truly revolutionary.palimpsest
- scarabin, it's not a $100+ animated gif, it's $1000+ animated gifs and it's for rich FOMO cunts who don't know any better. Create, troll and profit I guess._niko
- Having the file on your computer doesn't have any profit as does the selling it on the market. The file you saved is worthless.palimpsest
- AWESOMEdopepope
- How is “owning” an animated gif revolutionary?
What does owning it even mean? Unless i’m going to make a licensed product line it’s worthlessscarabin - tweet it, I'll retweetdopepope
- Btw mantra, this is beautiful work, my query is not a criticism of your skillscarabin
- Blockchain is just record-keeping. For some reason people got excited about that and started making records of things for no reasonscarabin
- Good stuff Nate, love the black and white one.PhanLo
- I get excited about the work. And cool people making money for cool work. but I hear u scarabin.dopepope
- LOVEsea_sea
- i guess it makes more sense if you think about it as a donation to the artistscarabin
- Mad Skillzdbloc
- @scarabin, yeah i was definitely where your head is at at first. But its a whole scene / community of collectors and artists buying & selling work, its neat!mantrakid
- In a way it also acts as a statement on the value of art or just things in general. Value itself is a construct... Whose to say a tomato is worth X, etc. etc.mantrakid
- @zaq - you rock thanks for bidding, i dont see it on my page but this whole thing is still super new to me.mantrakid
- @dkoblesky - i hooked up coinbase and had a transfer from my bank to ETH within an hour or 2 i think. It was super convoluted at first but i think i have a...mantrakid
- handle on how it all works if you want just drop me a line - nate@3030.ca and I can help answer questions. It took me like 6 hours to figure out what i was doinmantrakid
- But i have plenty of info now and its going smoothly now that ive minted a few things.mantrakid
- For me, i basically just consider the costs to be a loss, i dont really expect these to sell, i just wanted to see what it was all about, etcmantrakid
- https://www.wired.co…misterhow
- grafician-5
"Grimes made $5.8 million in under 20 minutes selling crypto-based artwork"
- "[collection] It includes an image of a baby protecting Mars, where her boyfriend, Elon Musk, plans to travel."grafician
- Look at this shit: got for $20 ?! re-sell for $2.5 mili LOL https://niftygateway…grafician
- PhanLo2
Lol 49 years worth of leccy?
https://twitter.com/JoanieLemerc…
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- grafician-2
lol at this point, just slap a "Connect Wallet" button to DeviantArt and call it a day
- palimpsest0
Good for the people making money off their work and good for the people making money off the trades.
But the concept of "collecting art" makes me laugh. Like when you give your pre-school illiterate sibling a broken controller so he can pretend he's also playing the game your playing. Don't fool yourselves kids.
- Bluejam2
- Would if you can sell swf's... NFTs + Swf's 15 years ago would have been a gold mine.shapesalad
- Nairn3
I can imagine this sort of thing might have a genuine purpose and value in a couple of decades time, the more digitised people's general consumption patterns become, and if perhaps SecondLife-esque worlds become a more general thing in a post VR world.
But now? Like all of these things, there'll be a few very lucky people who got on at the right time, a medium tail of interest with some money generated and then long term people will realise the pointlessness of it all and it'll be boring and people will move onto the next thing.
I read someone respond in a different forum that this sort of thing reminds of The Million Dollar Homepage, which sums up my thoughts exactly.
It's 'interesting' but it's just fomo bubble gambling and I'd not worry about feeling like I'm losing out on anything.
.
Or not.
- haha, I just literally chatted to a friend saying it reminded me of the million dollar page. But I am very intrigued still.fadein11
- Oh god I used the word literally, naughty Chris.fadein11
- But I have a huge archive of stuff that may be interesting using this, the weird end of my stuff. I think I will give it a go. But yes I know exactly what youfadein11
- mean.fadein11
- cherub1
Signs you're getting old:
You can't understand crypto art
- This joke stings because I don't "get" it either.cherub
- i dont understand crypto at all. i thought they were cpu cycles for processing or somethingStoicLevels
- When I first started driving for uber a few of my passengers offered to tip me in bitcoin and I smugly refused. My reason:cherub
- "This shit isn't gonna be worth anything. No way, I'll take the cash."cherub
- colin_s1
from the point of view of art's potential and what this could be in a society that is balanced and functional, it's an interesting framework that would merit a lot of attention
from the point of view of where we are at in the world, it seems sad to dump imagination into blatant profiteering, the same way everything else sucks right now.
- toomanypillows4
- https://i.imgflip.co…jonny_quest_lives
- Or.. Let's say I have $200K to launder or you have $200k to launder. We both buy NFT's for $10k a piece seperately, then repurchase it from each other at $200k.jonny_quest_lives
- Then we cash out and if someone asks us where the $200k came from, we can say some crazy art investor bought it. "Can you fucking believe it?"jonny_quest_lives
- The exchange will facilitate the transfer... The IRS or The Tax entity for your country might be highly skeptical...jonny_quest_lives
- But you print out a bunch of these hype articles about NFT's and the manic pricing for gifs and what can they do?jonny_quest_lives
- also being labeled "art" it might not even be taxable based on your countries taxation laws...jonny_quest_lives
- jonny_quest_lives-1
Step aside kids Christie's wants in on the action...
https://www.forbes.com/sites/jes…
- ESKEMA0
Blockchain company buys and burns Banksy artwork to turn it into a digital original
- meh...jonny_quest_lives
- https://www.youtube.…jonny_quest_lives
- needed the tesla flame throwerAQUTE
- S5 solar storm, NOW.sted
- Think I asked before in the comments:
What would Banksy thought of this NFTs circus?grafician - btw from what I gathered, most buyers if not all are tech brosgrafician
- White Morons, 2007
Screenprint on paper
22 x 29 5/16 inches (56 x 76 cm)
Edition of 500
Signed | Authenticated by Pest Control Studiojonny_quest_lives - so Jimmy Cauty and Bill Drummond still hold the record for gonads of steel.jonny_quest_lives
- Edition of 500sted
- jonny_quest_lives0
Imagine a “perfect” trading card market. There would not be fakes or alterations. Card grading services would not exist or need to exist, as cards would always be in mint condition. A complete list of all transactions relating to a particular card would be available, and sales could take place almost instantly. There would also be a forced and enforceable scarcity of cards, with all buyers and sellers aware of how many cards were printed.
NBA Top Shot has created that market. It’s just not for actual cards, but stylized versions of looping basketball highlights. These, of course, are not intrinsically valuable. And while they exist on the blockchain as cryptographic hashes, they are currently only for sale and on display on the NBA Top Shot website. You don’t need to own one to watch one. But if you “own” one, you are the only one to own it.
"In my exuberance with my newfound riches, I bought a $149 Ben Simmons dunk. What caused me to spend $149 on a highlight I don’t care about from a player I don’t even really like? I will be honest: It was that the money seemed fake.
The current NBA Top Shot setup makes it seem faker. My balance on Dapper, the wallet that NBA Top Shot uses, is $1,718.70, but I cannot withdraw it. Only 6,000 users on the platform can, according to Dapper."
"But I did find someone who was able to cash out. Josh Ong, a 37-year-old communications consultant in New York, was already familiar with NFT and had purchased some CryptoKitties years ago; “they’re probably worthless now,” he said, correctly. But the idea of a crypto-collectible with an NBA license intrigued him. He spent about $250 on packs late last summer.
By January, the moments he pulled from packs were selling for around $5,000 in total on the platform. He got into it at that point, and bought more cards. He bought and sold moments on the marketplace. He participated in challenges. Eventually, he gained the ability to withdraw and took out about $3,000. It hasn’t hit his bank account yet, though."
- NBQ004
Sorry for my ignorance and somebody please explain this to me:
Why would people buy gifs and jpg's for so much money when it's already being displayed online and you can basically just download it by right-click-save?
Once bought, what exactly do you do with the piece?
Somebody purchased a shitty image of a rose (just my opinion for $1M, wtf. What exactly do you do with the image when it's officially yours?
Do people have too much money? Or is it mostly people who already profited a lot with crypto so they don't care throwing money out of the window?
I can understand supporting an artist but paying thousands or hundred thousands and even millions for digital images & gifs seems some of the most stupid shit I've seen in recent times.
- My understanding is that they are "investing" in it. What do you do with image? Sell it for a higher price.palimpsest
- Combination of having too much money and wanting to turn it into morenb
- Money launderingGnash
- You got a link to the rose image? interested to see.fadein11
- I think it's less about the art, and more about the token behind it.shapesalad
- @ fade: https://money.cnn.co…NBQ00
- thanks. so 10 collectors paid 100k each and its going to charity according to the article. And he's sold a single piece for a million before.fadein11
- I don't dispute the absurdity of art prices at times but there isn't anything different going on here to the traditional market is there?fadein11
- investors gonna investfadein11
- NFT is to the traditional art market what omahadesigns is to COTD.palimpsest
- obviously misunderstood and/or didn't read a word a I said.fadein11
- Abosch is most well known for selling a photo of a potato -- called "Potato #345" -- for more than $1 million in 2016.cassiellux
- Lol palimpsestNBQ00
- turns Digital art into a market place. to make $.inteliboy
- shapesalad0
Now all the art clowns are playing in the NFTs field:
"An Original Banksy Has Been Burned and Turned Into an NFT
The £70,000 artwork, called Morons, was destroyed in a secret New York location today—and made into a non-fungible token."
- Gnash1
https://www.rollingstone.com/pro…
Kings of Leon Will Be the First Band to Release an Album as an NFT
- front-row seats for life. wonder how much that NFT will bedbloc
- Leigh25
- hahadopepope
- Meme's used to be generalized...
*sigh*ideaist - I own this meme's non-fungible tokenKrassy
- so Leigh has to pay for posting it or or what rights do you exercise over it exactly?sted
- I already sued Leigh. QBN is next. Then you're next for commenting on this post, etc. It's humanity evolved with all this NFT stuff, you know. Modern times.Krassy
- I own one of the people in this memedbloc