NFTs
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- sted2
- neverscared0
More broadly, one analysis from the Alan Turing Institute, which focused largely on data from OpenSea, found that 75 percent of NFTs that sell at all go for less than $15, while the majority never sell in the first place. Only 1 percent traded above $1,500. “It’s very clear that very few people can really go over $1,500 in selling,” says Mauro Martino, head of IBM’s Visual AI Lab and one of the researchers on the analysis. “It's not a magic place where everybody becomes rich. It’s really much the same reality in any other type of business.”
- yes. and that's why qbn is free and the last bastion of freedom and liberty. all hail the qbn coin.shapesalad
- Very few artists can sell a physical piece for over $1500 either.
OpenSea is an open marketplace, meaning anyone can post any shite.microkorg - Have a look around OS. 98% shite.
Stats for 'invite only' platforms like Foundation/KnownOrig... would tell a different story.microkorg - knowing origin has a lot shit floating around...90%neverscared
- microkorg0
Beeple & Madonna Collab on SuperRare
WTF?!- as if madonna needs more cash. fucken grossinteliboy
- oh, "All proceeds to benefit: The Voices of Children The City of Joy Black Mama’s Bail Out"inteliboy
- ART! Not really.face_melter
- Artwork looks like it's been done by a horny schoolboy that's a 3D whizz.microkorg
- microkorg1
- No.palimpsest
- the squirrel will be the collateral in the extinction from the co2 emissions of the big ones...neverscared
- @pali sold anything yet?grafician
- Only my soul to greed.palimpsest
- neverscared2
The NFT bubble is beginning to burst, says the man who was one of the few to see the 2007–2008 financial crisis coming in a book some consider one of the most influential since World War II.
- Just another get rich quick American Ponzi scheme.utopian
- I'm ready with a huge "told you so" when that happensgrafician
- I believe that many of us said the same thing...at least I did.utopian
- ....and yet only I was getting all the hate ;))grafician
- many of us don't continually post about things we don't likekingsteven
- It has to burst. But NFTs are not going to disappearmicrokorg
- of course they will not vanish.. paris hilton needs to make moneys...neverscared
- lol at grafician still not understandingimbecile
- just getting you to say it you imbecile :)grafician
- I'll be right there w you with my big *POOF* laughter. Ain't gonna be too long now.formed
- lol, nobody cared about your predictions, argued against you, or gives a fuck now, so your "told you so" is nothing but your own masturbatory nonsense for suremonospaced
- neverscared1
What Is Happening to the People Falling for Crypto and NFTs
The latest ape sale took place last weekend, and it was a disaster from top to bottom. Huge demand overloaded Ethereum, the open-source blockchain that hosts the Ether cryptocurrency and had been developed to be a more capable crypto system than Bitcoin. The technology’s shortcomings led to thousands of people paying about $180 million collectively in transaction fees. Some appeared to pay more in fees than what they paid for the NFT. They were the lucky ones; some paid steep transaction fees only to see their ape purchases fail for unknown reasons. (Yuga said it has refunded money spent on failed transactions.) Still others suffered various hacking and phishing scams. Meanwhile Yuga, whose backers include some of Silicon Valley’s biggest venture capital firms, generated at least $320 million in sales. Sales of what? Oh, plots of “land” in Otherside, a virtual world that might come out soon.
- Clownsgrafician
- NFT’s are lame as fuckPhanLo
- All these clowns wil be wishing they saved their money. The party is ending. The ugly lights are coming on.nb
- i´am not so confident.. it still seems to hustle pretty well https://www.theguard…neverscared
- only for the upper echelons i guess...neverscared
- Gonna be a big *poof* in the not-too-distant futureformed
- My mate has made loads of money off them, but he’s not an artist. He just trades them.PhanLo
- that must be a traders dream.. generating some art with a couple of words and A.I and then getting richie rich.. artists = obsolete.neverscared
- None of this will age well... It was all just another hustle to gaffle money from peeps. Been sayin' it all along.jonny_quest_lives
- I think the top was in when I was unfollowing artists daily as they announced their new NFT collabs.jonny_quest_lives
- When you spend hundreds of millions of dollars on an NFT market place but the majority of NFTs were just fraudulent wash trades by like ten coconspirators.neverscared
- https://pbs.twimg.co…neverscared
- Nuts the money pissed up the wall in gas alone for this project.microkorg
- Krassy2
NFT sales are tanking and down 92%
- As predicted
Clownsgrafician - That's a great one-sided article.microkorg
- it´s inside not one side..neverscared
- As predicted
- grafician-1
- first day they got 150 nft wallets registered... that is LOW.shapesalad
- shapesalad-6
- Internet Rule #256 - There's enough content out there to build a case for any and every claim you care to imagine.
[See also: Rule #23 - Truth is opinion]Morning_star - proximity matters.... eco nazisneverscared
- Sass is also a coding nerd speak. So it's a bit offensive that's even stipulated.atomholc
- So, Nazis branding people of colour as apes but then identifying as the apes?microkorg
- I don't know, I just saw the website.shapesalad
- Internet Rule #256 - There's enough content out there to build a case for any and every claim you care to imagine.
- microkorg0
Something like $170m pissed up the wall last night on gas with folk trying to buy (land?) on 'Otherside'. A new project by those behind BAYC.
Hardcode BAYC saying 'this is fine' and still buyin' up $ape. Seems like Stockholm Syndrome to me.
Everyone else alledging this botched project was set up to fail from the start as an excuse to set up $ape on it's own chain.
Big drama in the NFT world!
- microkorg3
- AwesomeYakuZoku
- Venntasticnb
- more freelance work for the others then...:)neverscared
- utopian-2
Jack Dorsey's First Tweet' NFT Went on Sale for $48M.
It Ended With a Top Bid of Just $280
- About $280 more than it is worthnb
- I don't want to live on this planet anymoreKrassy
- Surprised he didn't buy it himself, or from a wallet he owns.aliastime
- shit, I could have bought it. I'm sure I could've find a dummy to sell for thousands with a little patienceBeeswax
- You can still try buying it for $300, Beeswax.palimpsest
- lolSalarrue
- beeswax If you can't find a sucker to sell it to, then you are the sucker.hotroddy
- cmon spartans...neverscared
- Why would he buy it? He should be getting 10% every time its resoldSlashPeckham
- Clownsgrafician
- He looks like he already spent half of itadrok
- Don't have enough money for the hairdresser or the dentist?OBBTKN
- NFT = No Fucking Thanksstoplying
- As of Thursday, the highest bid was 2.2 of the cryptocurrency ether – equivalent to about $6,800sarahfailin
- I’m not against all NFTs. But this has to be a case of money laundering. Ludicrous.BH26
- more like tax cutsgrafician
- microkorg0
Got an invite to midjourney.com and was using up all my free credits last night.
This is an insane AI art creation tool. You type your request into discord then a few seconds later you get 4 images rendering.
You can then choose to upscale any or show up to 4 different versions of each.At the moment it's invite only. You get some free credits but after that have to pay $30 for infinite credits per month. You have to renew each month.
Currently it is for Non-Commercial use only. It looks like there's going to be a pay to use for commercial use soon.
Their text-to-image technology is unbelievable!
- Examples of the types of outputs
https://boingboing.n…microkorg - This is the underlying tech: https://openai.com/b…section_014
- its kinda boring ... the text to image technology get pretty lame.. ontology and skillwise its crap.. u can literally feel that every douchebag who has noneverscared
- knowledge of design can produce something eyecandy which lasts for a second...at least i got bored after watching the pieces the last monthsneverscared
- MaaadPhanLo
- overrated id say.neverscared
- but i can see that someone who is too lazy to get into 3d software and coding might find this mindblowing.neverscared
- i remember joshua davis saying a few years ago that there will never be a kick ass filter... same with this ..it gets so boring in such a short time that itsneverscared
- close to worthless.neverscared
- Remember when we all thought Content Aware Fill was going to replace us?nb
- Paging Palimpsest.
Palimpsest to ER.Nairn - I hope that their pay-to-use model is a high price so that it puts off folk creating low effort artworks and flooding the AI art market with straight outputs.microkorg
- That is absolute laziness. The way I and others I know use AI is we use it to create elements. Then I piece together lots of ai (or other genres of work) tomicrokorg
- create unique works.microkorg
- Am looking forward to this evening once kids are home from nursery and sitting with them thinking up shit for AI to create for fun....microkorg
- 'Unicorn with pink sneakers on drinking bubble tea' . that kinda shit ;)microkorg
- @nb I don't think any of us thought content aware fill was going to replace us as designersSimonFFM
- Neverscared, there is some skill to great outputs. 90% of what I'm seeing output from the platform is generic AI stuff.microkorg
- But the 10% who've nailed writing great descriptions for the tech to pick up on have some astounding results. I'll post some in here later today.microkorg
- i know i follow some guys and they get shitloads of good feedback .. and it looks allright but after a short time it get so boring like a filter.neverscared
- after u seen a couple of them u go... cmon, this is incredibly boring .not this generic stuff again and again...neverscared
- maybe the untrained mind and eyes gets more kicks out of it... and i adore A.I driven design but only with more substance behind it.neverscared
- how is this connected with nfts ?neverscared
- Great more ways to devalue artists...grafician
- Nobody is talking about how their beta program is just a way to harvest the skills of talented creatives to dump into future algorithms for free?garbage
- Facebook and the like have been taking and selling your data. This type of thing is taking and will be selling your talent the same way.garbage
- Said it before, and I'll say it again: If you're a creative in your mid-30s, you need to consider the very real possibility of your own irrelevance..garbage
- ..in the very near future. It doesn't matter how good you are, because people just as good as you are feeding these things.garbage
- And let's be honest, it's not like audiences are becoming more discerning. Standards are lowering for everything because we see more of everything everyday.garbage
- Again, you guys don't understand "AI" :))grafician
- here some more background info: https://www.qbn.com/…
Again, nothing to feargrafician - If you think this is about DALL-E, maybe you don't understand AI. GANs have been effective at producing work that passes as human for over a decade bro.garbage
- Things like this beta are human input to compose the discriminative network to levy against the generative network..garbage
- ..then the AI spits out it's best "not uncanny valley" version, and it's going to get better and better at it. But you knew that, right?garbage
- It should be scary to anybody in any creative field that hasn't already gotten a cushy foothold.garbage
- Your stance is like somebody working in a newsroom in the late 90s with a working title "This Internet Thing is No Big Deal".garbage
- it´s good for nfts .. people with no skills can shoot sth up and make some bucks with a exo toxic coin and token .. without substance .. if u wanna be narrowneverscared
- go for it..i mean eco toxic..neverscared
- Connected with NFTs cos I use AI in my NFT artwork ;)
But also, if they start to allow commercial use, be prepared for an onslaught of folk minting creationsmicrokorg - who cares if they mint it... it´s a zero skill method..neverscared
- good for paris hilton and alike.. she can finally show of and the undereducated will get all hyped up.neverscared
- looks a little you are to lazy to learn some new code in processing or c++ for 3d scripting to compensate your outdated flash scripting skill with a childrenneverscared
- A.I method.neverscared
- @garbage wanna bet it's all a fad? :)grafician
- also my stance is that of someone who gets it and laughs at all the idiots who think they're rediscovering firegrafician
- @neverscared Zero skilled method should scare you. We're moving into a LCD generation of appreciation. Quantity will Trump quality.garbage
- @grafician Oh I will take that bet, because it seems like you don't really understand GANs.garbage
- Examples of the types of outputs
- sted0
Bored Apes Go Hollywood With Coinbase-Produced Movie Trilogy
The trio of films will tie into the launch of Coinbase’s long-awaited NFT marketplace.- buy some decent NFTs now - wait for the movie hype, sell. profit.shapesalad
- Gonna go *poof* long before those are made. PR stunt, like all the BA crap.formed
- neverscared1
- Just a trend, just a fad...grafician
- Just a start - the tech is powerful, we just need to understand how to use it best.shapesalad
- links to a file, in a public database? wow so powerful :))grafician
- it's more than links to files in public databases, derpmonospaced
- @monospaced explain...grafician
- comforting comments by mono, brodoesnotexist
- omfg, there are dozens of pages here detailing how an NFT isn't just a link to a filemonospaced
- shapesalad0
- Only Tupac got a pass to call California Cali...jonny_quest_lives
- Calderone20000
I've made a couple of NFT's https://rarible.com/stanseel
- This is very pretty - is it your work?
https://rarible.mypi…Nairn - I'll would take a tshirt with that Shaq illustration tho'grafician
- This is very pretty - is it your work?