- Joined
- Feb 2, 2019
Btw they're back on rarible.
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Automatic moderation had them removed after reports, or an employee ate a bullet from management?Btw they're back on rarible.
I'll let you know if I find out.Automatic moderation had them removed after reports, or an employee ate a bullet from management?
All the black flurks are selling above minting price though, so a minority has made money selling minorities already.
Wait, you mean Stonetoss takes 5% of every trade? I didn't even know that was a thing. I can't be reading that right how would you even enforce that on a decentralized network?I'll let you know if I find out.
It seems that the rare traits are on of the things that make them more expensive.
A lot of people seem to be selling flurks at below minting price. I guess it makes sense if you just wanted to support stonetoss. You made sure he got the money, then recouped what you could.
All the black flurks are selling above minting price though, so a minority has made money selling minorities already.
There apparently is also a royalty of 5% on every trade.
While I'm unsure if that's true, it's certainly possible. It would be part of the smart contract, which is part of why ethereum is so much more useful than BTC, it has the framework to allow all sorts of unique schemes for various reasons, like some coins have a x% burn/ x% network redistribution, which encourages holding the coin, the percentage total is usually below 3% which allows it to be a better option than payments via card.Wait, you mean Stonetoss takes 5% of every trade? I didn't even know that was a thing. I can't be reading that right how would you even enforce that on a decentralized network?
Hmm, when I tried to access his website, my antiviral stopped me. This hasn't happened before, so I wonder what this could be.View attachment 2744840
New comic.
Tokens on Ethereum are held as part of a 'smart contract', basically an on-blockchain database of sorts that says who owns what and what they can do with it. Any token is just an entry that says token ABC is owned by wallet address XYZ.Wait, you mean Stonetoss takes 5% of every trade? I didn't even know that was a thing. I can't be reading that right how would you even enforce that on a decentralized network?
Wait, you mean Stonetoss takes 5% of every trade? I didn't even know that was a thing. I can't be reading that right how would you even enforce that on a decentralized network?
Tokens on Ethereum are held as part of a 'smart contract', basically an on-blockchain database of sorts that says who owns what and what they can do with it. Any token is just an entry that says token ABC is owned by wallet address XYZ.
So if the contract that created the tokens has a function as part of the transfer that redirects .05 of the selling price to the creator, there ya go.
Hmm, when I tried to access his website, my antiviral stopped me. This hasn't happened before, so I wonder what this could be.
...did he just use sneed?View attachment 2744840
New comic.
New comic.
Fuck me it's so good.These scams are particularly prevalent on Opensea – I guess they were more concerned about the wrong artist making money than their customers getting scammed.
AgreedFuck me it's so good.
I wanted to see if the responses to opensea on twitter were a lot of angry stonetoss fans. There were a couple. But almost all of them were people who got scammed out of their money one way or another or delisted unrelated to stonetoss. That was pretty interesting.Agreed
"I believe in unregulated currency markets"
"POLICE! I JUST BOUGHT A FAKE NFT!!!"
It's like an antifa riot born of the blockchain.
There are now walled gardens, shit like Coinbase, where normies can relatively safely deal with shit like cryptocurrencies, but early crypto when it was mainly just Bitcoin was one Ponzi scam after another. It always surprised me that early adopters of something that was fairly complicated to deal with at the time, so if they could do it at all, they would have to be smarter than a fencepost, could repeatedly fall for the absurdly ridiculous scams that were nearly the norm then.It makes the whole field of nfts and crypto more exciting to me, because it feels more like the old wild west internet.
I am confused. They aren't buying the art to have it, they want to invest it and sell it for a premium later?Some of his NFTs have already fallen below mint price btw, OpenSea delisting it fucked a lot of people over