NFTs

Message Bookmarked
Bookmark Removed

figured it's time for a thread outside the standard crypto one to post about NFTs. I see a lot of people making money off of them, but I don't like 'em (I've never been good at making money).

Currently they remind me of the "buy a star" type businesses, but idk

Bongo Jongus, Tuesday, 9 March 2021 19:44 (seven months ago) link

Eat your heart out, Walter Benjamin.

pomenitul, Tuesday, 9 March 2021 19:48 (seven months ago) link

I remember when I worked in crypto, encountering enthusiasts at meetups, the general perception among devotees was that it was going to be a force for economic equality. Turns out it's just another great way for the rich and well-connected to get richer! Who could have seen this coming???

stimmy stimmy yah (Simon H.), Tuesday, 9 March 2021 19:51 (seven months ago) link

One for the human nature thread.

pomenitul, Tuesday, 9 March 2021 19:52 (seven months ago) link

enh, I didn't take it as a matter of human nature so much as (once again, as we learn time and time again) there being no purely technological solutions to political problems

stimmy stimmy yah (Simon H.), Tuesday, 9 March 2021 19:55 (seven months ago) link

I agree with that, obv., I'm just consistently impressed with how innovative we are at squandering our potential for justice.

pomenitul, Tuesday, 9 March 2021 19:57 (seven months ago) link

out of all of the recent articles and lectures about NFTs that I've looked at, I've yet to see anything about them that makes them have any value other than people seem to be paying a lot of money for certain ones. So idk, is the fact that purchasers are seeing this worthless/pointless thing as being valuable enough for it to have a future?

Bongo Jongus, Tuesday, 9 March 2021 20:06 (seven months ago) link

Reminds me of

https://en.wikipedia.org/wiki/I_Am_Rich

pomenitul, Tuesday, 9 March 2021 20:07 (seven months ago) link

The only NFT’s I care about are Nice Fucken Titties

— Stavros Halkias (@stavvybaby) March 8, 2021

longtime caller, first time listener (man alive), Tuesday, 9 March 2021 20:24 (seven months ago) link

yawn, pungent tokin'

underminer of twenty years of excellent contribution to this borad (dan m), Tuesday, 9 March 2021 20:26 (seven months ago) link

it's a nice way for grimes to have her own mad money... so she doesn't have to keep asking what's-his-name

Andy the Grasshopper, Tuesday, 9 March 2021 20:39 (seven months ago) link

I didn't mean to approach this in a purely negative manner, and I wanted this new (to me) promising way to sell/own art to actually be new/different, but I can't see it. Everything that tries to be convincing reads as gibberish to me

Bongo Jongus, Tuesday, 9 March 2021 20:50 (seven months ago) link

this sucks bcuz it has absolutely nothing with art and everything to do with goobers that have bad taste and (like bitcoin) it will be a succeess and make goobers rich

kurt schwitterz, Tuesday, 9 March 2021 20:56 (seven months ago) link

I think they are mostly dumb & bad. Sure, artists could use them to make a lot of money if 1) they're already successful and have a dedicated fanbase, or 2) they have a lot of rich friends/connections.

Sure, streaming to the whole world for micropennies didn't work, but that doesn't mean that going back to the patronage system is the answer.

change display name (Jordan), Tuesday, 9 March 2021 20:58 (seven months ago) link

Maybe free market artificial scarcity is just a bad idea.

fajita seas, Wednesday, 10 March 2021 03:14 (seven months ago) link

If I had a time machine I would use it to go back to the moment when I googled “NFT” and “crypto art.”

I would approach my past self and place my present hand on my past hand, taking it off the mouse.

“Don’t. Don’t ever. Knowing about these things will make you feel stupid that they exist. Forget these things. Look at porn or something. Live your life.”

Cow_Art, Wednesday, 10 March 2021 03:22 (seven months ago) link

Beeple auction ends Thurs I think

calstars, Wednesday, 10 March 2021 03:31 (seven months ago) link

This is stupid nobody should post about this including me

Canon in Deez (silby), Wednesday, 10 March 2021 03:33 (seven months ago) link

NFT porn though - surely that's already a thing?

change display name (Jordan), Wednesday, 10 March 2021 03:36 (seven months ago) link

simon h., kurt schwitterz, and silby otm. i will never be able to muster any reaction to things like this or bitcoin other than uncomprehending horror and disgust tbrrwu.

map ca. 1890 (map), Wednesday, 10 March 2021 03:36 (seven months ago) link

All this really is is a way to create a digital certificate of authenticity. I guess that's ok but doesn't strike me as game-changing. I don't see it as a revolution for the art world, more like the creation of a somewhat pointless digital memorabilia market. I don't think there will be any significant market for non-celebrity-driven NFTs. I think there are enough silicon valley assholes, marks, bitcoiners etc. with unreasonably stupid amounts of money to keep sales of the more famous of these going for a while. Upper middle class people buy (non-famous) paintings and middle class people buy prints and posters because they make your home look nice. NFTs don't have any real world value along those lines, they're solely digital collectibles. And I get a bit of a Second Life vibe from the energy around them, which makes me wonder how long they'll really last as a phenomenon.

longtime caller, first time listener (man alive), Wednesday, 10 March 2021 04:25 (seven months ago) link

I probably would’ve expected bitcoin to fizzle out by 2016 or so and here we are, fuck the earth

Canon in Deez (silby), Wednesday, 10 March 2021 04:26 (seven months ago) link

xpost azaelea banks just did one of these for an "audio sex tape"

Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 10 March 2021 04:27 (seven months ago) link

smh

pomenitul, Wednesday, 10 March 2021 04:28 (seven months ago) link

I would just add to my previous comment: it actually makes me sort of sad to think about all the scams and grifts that have come to define the space, not because they weren't predictable (at least 50% of the major players to come down the pike since Satoshi, by my estimation, are/were full-on grifters or con men), but because I met a lot of people who really were hoping for a more ethical alternative to the financial system that had just screwed so many, and didn't (just) see crypto as a get-rich-quick scheme

stimmy stimmy yah (Simon H.), Wednesday, 10 March 2021 05:28 (seven months ago) link

Yeah but it’s just a bad database

Canon in Deez (silby), Wednesday, 10 March 2021 05:29 (seven months ago) link

There’s only one financial system

Canon in Deez (silby), Wednesday, 10 March 2021 05:29 (seven months ago) link

you're preaching to the converted!

stimmy stimmy yah (Simon H.), Wednesday, 10 March 2021 05:46 (seven months ago) link

I don't feel that sorry for people for credulously buying into the Esperanto of currencies.

longtime caller, first time listener (man alive), Wednesday, 10 March 2021 05:54 (seven months ago) link

it's just that it's also causing global warming

Canon in Deez (silby), Wednesday, 10 March 2021 06:35 (seven months ago) link

I hate them because they are based on this underlying idea that the blockchain is this eternal unerasable record instead of a disgusting waste of resources which needs to be declared illegal and dismantled asap

Bastard Lakes (Camaraderie at Arms Length), Wednesday, 10 March 2021 07:49 (seven months ago) link

All this really is is a way to create a digital certificate of authenticity. I guess that's ok but doesn't strike me as game-changing. I don't see it as a revolution for the art world, more like the creation of a somewhat pointless digital memorabilia market. I don't think there will be any significant market for non-celebrity-driven NFTs. I think there are enough silicon valley assholes, marks, bitcoiners etc. with unreasonably stupid amounts of money to keep sales of the more famous of these going for a while. Upper middle class people buy (non-famous) paintings and middle class people buy prints and posters because they make your home look nice. NFTs don't have any real world value along those lines, they're solely digital collectibles. And I get a bit of a Second Life vibe from the energy around them, which makes me wonder how long they'll really last as a phenomenon.

A lot of it is very likely to be money laundering (like pretty much every cryptocurrency thing), or just financial speculation shenanigans - it's worth it for people to spend big to bolster the hype, as long as they can manage to sell what they bought for even more before the market crashes. I would be a little surprised if most of the hype doesn't die out before the end of the year, it doesn't seem to have the sort of longer term speculation potential as bitcoin does but idk

ufo, Wednesday, 10 March 2021 08:49 (seven months ago) link

i cannot believe i had to write this. but.https://t.co/ZO3wQyQh1K pic.twitter.com/cau0kixLYB

— everest (@everestpipkin) March 3, 2021

Zach_TBD (Karl Malone), Wednesday, 10 March 2021 08:56 (seven months ago) link

i had one digital acquaintance who appears to have gotten (even more?) rich off of this. she made the same gif over and over, a shot of a CRT TV screen, panning left and right, 500 different times over. lately she got really into the NFT scene and was early and made a bunch of money.

i guess at one stage in my life i might have tried. at this point, i shake my fist at it and say YOU DUMB FUCKS

Zach_TBD (Karl Malone), Wednesday, 10 March 2021 08:58 (seven months ago) link

then again, i'm literally litsening to a simple twist of fate right now, so maybe it is i who is the dumb fuck

Zach_TBD (Karl Malone), Wednesday, 10 March 2021 08:59 (seven months ago) link

my initial thoughts on NFT were that that some aspects of it were worthwhile goals: mainly, some sort of "ownership" over a digital file (and now, i realize, not just digital), some sort of means of tracking who made something. when i made more things, i would get really frustrated about seeing people use my things wholesale - boingboing does it like every 9 months and i always publicly whine about them. even though i'm sure they're wearing dirty jeans like i am.

but everest (see that tweet/medium essay) makes good points that acknowledge that but also make clear that this particular implementation of it fucking blows. i think i'm more optimistic about it than they are. but yeah, i follow some gif dude who has had a handful of his gifs already "minted" by someone else - i mean, what? is this just the first gold rush where you're a dumbass if you don't mint everything you made that might be valuable? ...or is everyone just a giant fucking asshole?

Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:05 (seven months ago) link

you can browse through all the shit that's being minted. it's so bad. everything is bad. but i may be missing the forest for the trees. there are so many things being "minted" every minute, now. wtf does this mean? what if everything became minted? what if everything was auto-minted and part of a market, whether we wanted that or not? is there anything preventing someone from minting ILX as token? wtf am i even talking about? what a fucking asshole? what the fuck? see what i mean

Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:07 (seven months ago) link

then imagine you visit this thread in 4 months and some jerk has made $45K off of it on NFT and you don't even know how

Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:09 (seven months ago) link

anyway, maybe this will be the rare crypto thing that gets regulated, because now Giphy (I think owned by facebook?) is mad about NFTs using Giphy images (which are actually made by real people, not them) so they're issuing a very official Twitter "hey-quit-it" notification to all

Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:10 (seven months ago) link

NFT's value is built upon an escalating equation that becomes more difficult to solve. as everest says:

...in a digital context scarcity must be constructed- there is nothing that demands the next block in the blockchain be harder to make than the last. If anything, the opposite should be true- computers grow ever more efficient and p"owerful. This means any scarcity is artificial, a process that demands ever more energy, ever more resources lost to continue to operate and return, for no other reason than to insure that tomorrow it will be even more expensive- which makes the wastefulness of today a good investment.

This is why cryptocurrency is valuable. There is nothing high-tech about it. There is no miracle. It is simply futures speculation without the speculation- no guessing required, because we know it will be more wasteful tomorrow; it is baked into the tech.
All that cryptocurrency does is abstract resources into a market by making those resources unavailable to the future.

right?

Zach_TBD (Karl Malone), Wednesday, 10 March 2021 09:21 (seven months ago) link

I had an idea to make some gifs of giant warehouses of bitcoin computers turning into desolate post-apocalyptic wastelands and sell them as NFTs

Bastard Lakes (Camaraderie at Arms Length), Wednesday, 10 March 2021 14:42 (seven months ago) link

Ethereum “has been moving” to proof of stake for almost as long as it has existed. It has been so long that “Eth 2.0 PoS Coming Soon!” is something of a running joke.

this really was a tremendous irritant when I was working "in the space"

stimmy stimmy yah (Simon H.), Wednesday, 10 March 2021 14:52 (seven months ago) link

NFT's the only explainer you will need pic.twitter.com/2yM1LVh1Wk

— SPAC Lindzon (@howardlindzon) March 11, 2021

longtime caller, first time listener (man alive), Thursday, 11 March 2021 14:50 (seven months ago) link

The digital art community is basically imploding right now as it has polarized into for and against jumping onto this train. People that knew nothing about this two weeks ago, are now cool with creating dox lists of other artists they think are on the wrong side. It’s pretty distressing.

Kim, Thursday, 11 March 2021 14:57 (seven months ago) link

There was a company several years ago (a buddy briefly worked there) selling authenticated, digital sports trading cards... this is nothing newish.

Andy the Grasshopper, Thursday, 11 March 2021 17:26 (seven months ago) link

the difference is that the blockchain stuff makes it extraordinarily inefficient & is solely responsible for all the hype & ridiculous money being thrown around

ufo, Thursday, 11 March 2021 21:11 (seven months ago) link

https://www.wsj.com/articles/nba-top-shot-nft-crypto-digital-collectibles-11615266042?mod=e2tws

Bros with $200k to set on fire passing this shit around hoping to not be the last one holding

Joe Bombin (milo z), Friday, 12 March 2021 04:01 (seven months ago) link

Hot potato shit

calstars, Friday, 12 March 2021 04:05 (seven months ago) link

The digital art community is basically imploding right now as it has polarized into for and against jumping onto this train. People that knew nothing about this two weeks ago, are now cool with creating dox lists of other artists they think are on the wrong side. It’s pretty distressing.

are people actually making dox lists?

honestly i am unfollowing #NFT evangelists, though. the shit is gross. don't know what else to say, it's just sad. i do understand why some people disregard the whole "cosmically unnecessary electricity usage at a time when ...god am i writing this again? fuck" thing - no one's making money off of digital art, or if you did you had to sell your soul in order to get compensated. and now this is finally a chance for some people to buy a couple lottery tickets, mint their cool shit, and hope it takes off and makes them some money. i guess i can understand that. i think it's wrong to do, when you're aware of what the actual costs are, or if you imagine a world where NFTs were successful and transactions continued to exponentially grow. that's why the evangelists bother me, because they should know better

Zach_TBD (Karl Malone), Friday, 12 March 2021 04:18 (seven months ago) link

beeple sold a NFT at christie's for $70M today (it was actually a bit lower than but fuck)

Zach_TBD (Karl Malone), Friday, 12 March 2021 04:19 (seven months ago) link

Well I sold my horse for just over $1000. Listed it for .5 eth and it sold within 5 minutes. Probably could have gotten more or made more long term with breeding, but that would have required more effort than I wanted to put into it. That’s the last NFT I was holding to flip. Going to take my cursed money and run.

Jeff, Monday, 12 July 2021 14:08 (three months ago) link

Easy money out there

Z_TBD (Karl Malone), Monday, 12 July 2021 14:26 (three months ago) link

how easy is it at this exact moment in time to turn "etherium" (jesus) into US dollars in a bank account?

Yours in Sorrow, A Schoolboy: (forksclovetofu), Monday, 12 July 2021 15:32 (three months ago) link

I’m sure PayPal will make it easy within a few months. The entire app is an advertisement for crypto now.

Z_TBD (Karl Malone), Monday, 12 July 2021 15:43 (three months ago) link

okay but how about right now? can you swap out with the same ease as you would euros to dollars or is everyone pretending the play money is totally real money even if they can't get it in their wallets?

Yours in Sorrow, A Schoolboy: (forksclovetofu), Monday, 12 July 2021 15:45 (three months ago) link

Maybe, but right now, this stuff is so convoluted that it is a long way from mainstream adoption. Summary of my journey to get that damn horse:

1. Create MetaMask wallet to connect to the Zed.Run website
2. Purchase eth through MetaMask using my debit card (fee 2.9% + $.0.30 + gas fees ($5 minimum))
3. Wrap the eth to turn it into weth, more gas fees (which were astronomically high at the time, at this point I learned what gwei is/gas limits/transaction speeds, etc )
3. Use weth to try and buy a horse, failed.
4. Said fuck it and unwrapped with weth back to eth, more gas fees.
5. Another horse drop a few weeks later, eth to weth again, with gas fees, failed again.
6. Received free horse from Zed.Run because the whole experience was miserable.
7. List horse on opensea, which required me to do two transactions for verification, minimal gas fee for the second one
8. Sold horse, paid in weth, had to convert that back into eth, this time went through the polygon network, which required a couple of transactions and fees
9. Eth back in my MetaMask wallet, want to cash out but can’t from my wallet, have to use an exchange
10. Send eth to my Coinbase account, withdraw to my debit account, fees apply.

All of those could have been handled numerous different ways, so I’m sure someone who is more knowledgeable than me could do it with lower fees or jumping through fewer hoops. The gas fees themselves were perplexing. They could be minimal or more than the cost of your transaction, all depending on network utilization. This is made more confusing by being able to pick your gas price to speed up the transaction.

Until Paypal/Amazon/large financial institutions make this easy, it’s going to stay cryptobros, meme investors, and dorks like me with time and money to waste.

Jeff, Monday, 12 July 2021 16:19 (three months ago) link

Not to mention tax implications, saving that headache for next year.

Jeff, Monday, 12 July 2021 16:21 (three months ago) link

the future!

Yours in Sorrow, A Schoolboy: (forksclovetofu), Monday, 12 July 2021 16:26 (three months ago) link

given the amount of time and fees that were involved in this and the time you will need to continue to spend to cash this in, what amount per hour would you say you have been paid for buying this digital horse? more or less than NY minimum wage?

Yours in Sorrow, A Schoolboy: (forksclovetofu), Monday, 12 July 2021 16:28 (three months ago) link

How to get rich in 3 easy steps:
1) Steal hotel soap
2) Invest savings in S&P
3) Become millionaire pic.twitter.com/GSQBsopb6z

— TikTok Investors (@TikTokInvestors) May 17, 2021

Yours in Sorrow, A Schoolboy: (forksclovetofu), Monday, 12 July 2021 16:29 (three months ago) link

given the amount of time and fees that were involved in this and the time you will need to continue to spend to cash this in, what amount per hour would you say you have been paid for buying this digital horse? more or less than NY minimum wage?


That is a good question and one that I’m going to pretend I don’t know the answer to.

Jeff, Monday, 12 July 2021 16:37 (three months ago) link

Oh and the wild fluctuations of the price of eth over this time frame makes it less lucrative as well. When I started this in early may, it was at $3500. Today, just over $2000.

Jeff, Monday, 12 July 2021 16:44 (three months ago) link

https://niftys.com/events/spacejam#free-nfts

Jeff, Tuesday, 13 July 2021 00:51 (three months ago) link

Summary of my journey to get that damn horse:

Getting to the 'create a MetaMask' blah blah blah line at the beginning of the Zed Run newb FAQ is where I jumped ship. Buying DMT off the darknet was simpler than all that shit.

Joe Bombin (milo z), Tuesday, 13 July 2021 01:50 (three months ago) link

Damien Hirst is launching an NFT. $2,000 for a digital print and ownership of a print (1 of 10,000 made). After two months, the buyer has to choose whether to own the physical object or the NFT, but can't have both.

Here's a link to the @FT article covering my first NFT series 'The Currency'. Launching 3pm BST today! https://t.co/U7WiKnGpyX

— Damien Hirst (@hirst_official) July 14, 2021

... (Eazy), Wednesday, 14 July 2021 12:27 (three months ago) link

makes u think.

MoMsnet (calzino), Wednesday, 14 July 2021 12:45 (three months ago) link

"But here’s the special Hirst-devised twist..."

aaarrggh!

MoMsnet (calzino), Wednesday, 14 July 2021 12:54 (three months ago) link

Grifter heaven

... (Eazy), Wednesday, 14 July 2021 13:00 (three months ago) link

Until Paypal/Amazon/large financial institutions make this easy

this will never happen with cryptocurrencies as we know them

ufo, Wednesday, 14 July 2021 13:26 (three months ago) link

Leading speculator Hirst has entered the market

Z_TBD (Karl Malone), Wednesday, 14 July 2021 14:20 (three months ago) link

newchallenger.gif

Yours in Sorrow, A Schoolboy: (forksclovetofu), Wednesday, 14 July 2021 19:00 (three months ago) link

I have Bugs Bunny and Lebron Space Jam NFTs, will I be able to retire on them in a few years?

Joe Bombin (milo z), Wednesday, 14 July 2021 19:02 (three months ago) link

ah Damien Hirst, all the fucking charlatans coming out to play

Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Wednesday, 14 July 2021 19:28 (three months ago) link

https://techcrunch.com/2021/07/27/shopify-now-allowing-imerchants-to-sell-nfts-directly-through-their-storefronts/

I was able to get the first two Bulls NFTs, one of only 26 people that have gotten them all so far. Just when I think I’m out, I get pulled back in.

Jeff, Wednesday, 28 July 2021 12:14 (two months ago) link

There's that lake house, coming up. ^^

... (Eazy), Wednesday, 28 July 2021 12:15 (two months ago) link

And now I’m 3 for 3. Next three drop over the next three days. I’m sure my luck will run out soon.

Jeff, Wednesday, 28 July 2021 13:18 (two months ago) link

some of hirst's early work is interesting.

treeship., Wednesday, 28 July 2021 15:50 (two months ago) link

I'm the person who started all the fuss @FameLadySquad and @queenship_ project. I have enough proof to state that FLS was created by 3 males who are also behind a whole bunch of abandoned NFT projects.

And their "signature" convinces me Queenship is also their product. Thread/

— Fedor Linnik (@FedorLinnik) August 10, 2021



Most recent drama on NFT Twitter. Male Russian devs posing as women, cranking out new NFT projects. I’m sure this is more prevalent than most people realize.

Jeff, Tuesday, 10 August 2021 12:20 (two months ago) link

three weeks pass...

Those Damien Hirst NFTs that went for $2K in July are now going for over https://www.nftstats.com/collection/thecurrency00K.

... (Eazy), Wednesday, 1 September 2021 18:11 (one month ago) link

Whoops: going for over $100K.

... (Eazy), Wednesday, 1 September 2021 18:11 (one month ago) link

https://www.nft-stats.com/collection/thecurrency

... (Eazy), Wednesday, 1 September 2021 18:12 (one month ago) link

i believe that converts to exactly three jugs of milk in the post-apocalyptic world

professional anti- (Karl Malone), Wednesday, 1 September 2021 18:59 (one month ago) link

So much has happened with NFT’s in the last month, it’s been absolutely insane. I’ve stayed mostly on the sidelines, floor prices for everything I’ve been interested in have just been more than I’m willing to risk. Made a bit of money flipping the WNBA top shots that just dropped.

Jeff, Wednesday, 1 September 2021 18:59 (one month ago) link

How is that Bulls one doing, Jeff?

... (Eazy), Wednesday, 1 September 2021 19:17 (one month ago) link

Unfortunately, still waiting for them to launch their market place.

Jeff, Wednesday, 1 September 2021 20:06 (one month ago) link

just the worst

what's the worst? NFTs?

nah. there's probably something worse. Something even more more speculative. Something that can be integrated even more tightly with things that have nothing to do with money.

professional anti- (Karl Malone), Friday, 3 September 2021 03:48 (one month ago) link

one month passes...

they're tacky status symbols

typo hell #12: a hundreds of millions of people (Karl Malone), Tuesday, 12 October 2021 09:19 (one week ago) link

but reading that helped me understand the appeal more. i have never been one of those guys who wants an expensive designer jacket. i have never considered it. i would never, ever spend my money in that way, mostly because i don't have that money. maybe other people see me that way - they see me buying a $50 game that actually sucks really badly, and i only play it for 2 hours. i've done that a couple times. for me, at the time, i had $50 and it wasn't a big deal. now, at this time, $50 is everything and i would never throw it away like that. maybe nfts are like that for other people that have more money. they don't realize how completely tacky their purchase is. it's an investment, or a frivolous evening.

anyway, that hypothetical expensive designer jacket. maybe nfts are like that, for some people. it's probably more healthy for me to just think of them like that, and the people that buy them as the kind of people that buy really nice designer jackets. they're out there for sure, and they're usually really popular and influential people, but also they suck

typo hell #12: a hundreds of millions of people (Karl Malone), Tuesday, 12 October 2021 09:22 (one week ago) link

Dirt is, of course, selling their own tacky NFTs

When Young Sheldon began to rap (forksclovetofu), Tuesday, 12 October 2021 21:50 (one week ago) link

Ooh I been dirt, but I don’t care.

And of course the worms! (Boring, Maryland), Tuesday, 12 October 2021 21:55 (one week ago) link

Coinbase launching an NFT market place: https://www.coindesk.com/business/2021/10/12/coinbase-follows-ftxus-into-nft-trading/

Glad to see OpenSea getting some more competition. They’ve had some growing pains.

Jeff, Tuesday, 12 October 2021 22:24 (one week ago) link

it used to annoy me, but now i love how crypto and NFT language is sort of staring down German (the language) in terms of "ridiculous compound nouns"

I'm a sovereign jazz citizen (the table is the table), Tuesday, 12 October 2021 23:17 (one week ago) link

I read a Twitter thread that describes NFTs as the evolution of spending money to put someone’s name on a star. It’s basically buying a spot in a ledger and you don’t own shit. Gotta respect the grift.

officer sonny bonds, lytton pd (mayor jingleberries), Wednesday, 13 October 2021 04:04 (one week ago) link

it's in the first post on this thread lol

Bongo Jongus, Wednesday, 13 October 2021 17:23 (one week ago) link

I still haven't seen anything about nfts that make sense to me and I've been paying attention to a lot of different projects. I want them to make sense, because it feels like it could, but it just reads as another way to spend money, so it's like, cool, new money thing

Bongo Jongus, Wednesday, 13 October 2021 17:25 (one week ago) link

Because of amazing blockchain technology every NFT is guaranteed to be absolutely unique in the universe. ofc, because of slight variations in DNA, every pig-ear dog chewy is guaranteed to be absolutely unique in the universe, too.

more difficult than I look (Aimless), Wednesday, 13 October 2021 18:10 (one week ago) link


You must be logged in to post. Please either login here, or if you are not registered, you may register here.