A thread for discussing the impacts that things like bitcoin, non-fungible tokens (NFTs) and blockchain based technologies might have on music...

Fake Banky NFT sold through artist's website for £244k

https://www.bbc.co.uk/news/technology-58399338

only just heard this story on the World Service, if i was in a laughing mood i'd be rolling on the floor

NEWSFLASH: UMG’s next-gen label 10:22PM forms 𝐊𝐈𝐍𝐆𝐒𝐇𝐈𝐏, the First-Ever Group Consisting of NFT Characters from Bored Ape Yacht Club.🐒 pic.twitter.com/zMSAq4HI2Z

— Universal Music Group (@UMG) November 11, 2021

wonder if any music is actually going to come from this nonsense

While I can see the potential to have such technology to verify authenticity, it seems this is the f'n craziest 'emperor has no clothes' Pog BS that has come down the binary yellow brick road.

But hey, I am impressed perhaps jealous that people have seemed to turn a fancy software cookie into some real world cash.

Oh my god, Dave pic.twitter.com/qwUCGDMsGZ

— kerry xmas (says your text message) (@spiraltastic) January 1, 2022

https://www.esquireme.com/culture/interviews/akon-my-next-album-is-going-to-be-an-nft-album

https://tedgioia.substack.com/p/eleven-wild-guesses-on-how-blockchain

this is entertaining just for how much he has absolutely no idea what he's talking about and how little sense most of them make even if you accept the premise of 'blockchain can do this'

MC Serch is selling bootleg Spotify URLs of Severed Heads as NFTs, which is a sentence you can type in 2022

It looks like someone (HitPiece??) scanned everything over 1000 plays on Spotify and made an NFT of it

Bunch of artists are suitably pissed about it

Inevitable

Introducing Coachella Collectibles NFTs 🎡 Lifetime festival passes, digital collectibles redeemable for physical items & more available Friday at 10am PT at https://t.co/D8v4cD04wc

Explore our debut collections👇 pic.twitter.com/eEPdVvxPhg

— Coachella (@coachella) February 1, 2022

increasingly, my take on this is "kill everyone now"

(see Residents thread revive)

Fucksake

https://help.twitter.com/en/using-twitter/twitter-blue-fragments-folder/nft

My take is that it's hard to imagine real people with such little sense. Even the distress of the person who posted the black monkey story, which sounded like a moral tale to tell your children about how being a dumbass leads you to lose everything and die angry, is so disconnected from common sense. (They apparently reconciled and are still getting married, yay love). Your boyfriend bought you an 8K image of a monkey, and what you're concerned about is that he thinks you were mean to him? As opposed to uh, asking him to hand over all financial management for the net 80 years. And you reached for Reddit for a solution? It's a bizarro alternate universe, as if they're all living in the Matrix.

I don’t think those Reddit stories are real.

Jack Dorsey sold his 1st-ever tweet as an NFT last year.

It was bought for $2.9 million, which he converted to Bitcoin & donated to COVID-19 relief in Africa.

But last week, the buyer relisted it for $48 million & the auction ended with a top bid of just $280.

(h/t @CoinDesk) pic.twitter.com/firrdrQJye

— Joe Pompliano (@JoePompliano) April 13, 2022

https://i.imgur.com/JWqSJlk_d.webp?maxwidth=640&shape=thumb&fidelity=medium

no surprise but still lol

The God Save The Queen NFT collection, includes three tiers of rarity 💎 Each tier features a number of artworks & NFT's will be allocated upon minting.

— Sex Pistols Official (@sexpistols) June 9, 2022

never mind the bitcoins, here’s the NFTs

og cyberpunk

Ever get the feeling you've been cheated?

how was this only 6 months ago? feels like a lifetime

https://www.inputmag.com/culture/hitpiece-nft-music-rory-felton-mc-serch-atl-jacob-relaunch

I admire the gumption. If at first your scam does not succeed, try and try again.

"Early adopters will get access to their very own music lounge where you’ll be able to share... your NFTs in an immersive listening room" - I remember trying Second Life for a weekend about... some years ago?

I'll check my emails. I signed up on 10 February 2007 and cancelled my account on 02 March 2007. It was obviously and totally inadequate. A single-line IRC client with a poorly-written graphical engine on top of it. I admire the site's owners for managing to fool the world's press into advertising it as the next big thing. And some of its money-making schemes were ahead of its time. I admire nothing else about it and I don't care how it's doing now. Someone will probably pipe up that it's popular in Germany and has one hundred and fifty million user accounts (including mine) who regularly use it etc. As a vehicle for creativity - which is how it was advertised - it was dire.

But, yes, this kind of "immersive listening room" is exactly what Second Life was advertised as, and it was rubbish, and this is rubbish as well.

Snoop & Eminem performing at MTV VMAs in @OthersideMeta and using their @BoredApeYC IP pic.twitter.com/BxJRbukeT3

— Puff ❤️ y00ts (@PuffYatty) August 29, 2022

lmao at this nonsense

Man, that is worse than I could have imagined. It's like someone's digital animation thesis from 1998.