NFT (Non-Fungible Tokens) - Files as crypto currency

[Sir Joahim Browinson III]

Question about NFTs.
So it's a crypto coin tied to art files. okay. Dumb as hell, but ok.

So....why can't the art be good? Why does it always have to suck so much? I've seen better deviantart abominations, so why do these NFT artworks look like that?

Cause they need art fast, cheap in mass. A lot of it uses random generation too, so they can just create a general pattern and watch pngs go brrrr.
This is why I generally dislike NFT's. It's not about artist being able to make money on their art, but rather another way to make money out of thin air.

 

[HumanHive]

He should sell commemorative Happenings. If @Null was really unethical he could sell NFT's representing ownership of each lolcow thread, and make them buy out the thread if they want it off the farms.

To double the scam, after a certain period of time Null would allow the creation of another thread. “You bought the rights to delete the first thread, not the second”

 

[Lemmingwise]

He should sell commemorative Happenings. If @Null was really unethical he could sell NFT's representing ownership of each lolcow thread, and make them buy out the thread if they want it off the farms.

Yeah, there's a good way to get lawsuits.

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https://twitter.com/emollick/status/1465505077083389960

Mapping the NFT revolution: market trends, trade networks, and visual features - Scientific Reports

Non Fungible Tokens (NFTs) are digital assets that represent objects like art, collectible, and in-game items. They are traded online, often with cryptocurrency, and are generally encoded within smart contracts on a blockchain. Public attention towards NFTs has exploded in 2021, when their...

www.nature.com

The fact that almost all trades happen by the top 10% isn't surprising. Pareto principle happens in most markets and it's stronger in luxury markets.

 

[TyrasGuard]

Yeah, there's a good way to get lawsuits.



The fact that almost all trades happen by the top 10% isn't surprising. Pareto principle happens in most markets and it's stronger in luxury markets.

And to whom exactly would you complain to

 

[Lemmingwise]

And to whom exactly would you complain to

Anyone who will listen, as it goes with kiwifarms lolsuits. But it does open up to more liability when you have a transfer of money taking place from the lolcow. Wouldn't be too hard to try and frame it as blackmail, for example.

I have 0% legal knowledge btw, it just seems like it would open you up, so feel free to correct me if you know better.

 

[Netizennameless]

I legit do not know if you are being serious or not.

You shouldn't take anything i say seriously.

To double the scam, after a certain period of time Null would allow the creation of another thread. “You bought the rights to delete the first thread, not the second”

This guy gets it

 

[NSJAP]

Sam Hyde have a take on NFT

https://twitter.com/wigger/status/1466905630296449031

 

[Serin Spaghetti]

Cause they need art fast, cheap in mass. A lot of it uses random generation too, so they can just create a general pattern and watch pngs go brrrr.
This is why I generally dislike NFT's. It's not about artist being able to make money on their art, but rather another way to make money out of thin air.

The modern day, modern art!

 

[Terrifik]

https://twitter.com/sodasprouts/status/1468044162045861889

 

[BrunoMattei]

https://opensea.io/collection/troma-collectibles

Troma is now making NFT's... Fucking Troma. @Frank D'arbo

 

[Least Concern]

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https://twitter.com/sodasprouts/status/1468044162045861889

Did Daft Punk consent to having their likenesses used in this work of art?

 

[Sir Joahim Browinson III]

https://opensea.io/collection/troma-collectibles

Troma is now making NFT's... Fucking Troma. @Frank D'arbo

I mean, I am not surprised, they like when people pay them for trash after all.

 

[WULULULULU]

Remember what I mentioned before about Ubisoft and NFTs. Well:

Link for the curious. Also apologies but I didn't use the Youtube screenshot, probably because all the dislike addons for browsers are not available for Brave.

 

[The Iconoclast]

Remember what I mentioned before about Ubisoft and NFTs. Well:

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Link for the curious. Also apologies but I didn't use the Youtube screenshot, probably because all the dislike addons for browsers are not available for Brave.

It just feels like all these companies trying to do NFTs are astroturfing them, like Ubisoft and AMC, they're pretending there's more demand for them than there really is, and that people would actually appreciate or love getting them instead of being apathetic at best to them.

It's such a weird trend to see.

 

[Mister Qwerty]

CryptoCvnt NFT

 

[Feetus]

View attachment 2784306

CryptoCvnt NFT

In June, the Supreme Court is going to repeal Roe v Wade and CryptoCvnts will be sitting there, having proudly donated $227 for the cause of literally nothing. Don't bother calling them out for it though: as "a woman-led project, CryptoCvnts does not give a fvck."

But if you were underwhelmed by CryptoCvnt #34, don't worry: CryptoCvnt #35 is... something.

 

[Synthwave Obsessed]

I might be late, but you don't even have to right click -> save image age for NFTs. Some giga chad created a website called The NFT Bay where you can download about 18 TB of NFTs FOR FREE. Imagine spending billions of dollars on this grand display of autism!

 

[Allseadem]

Figured this would be good as a first post, hope this isn't in the wrong thread.

There's this really exceptional NFT guy I found who's trying to get attention from Elon Musk. How is he doing it? Making a website with Elon Musk's name to advertise about him selling his fucking toilet as a million-dollar NFT, while traveling with it around the world in a gorilla suit and treating it like a god. He also thinks that Elon Musk's tweets are subliminal messages about his plan to message this guy about his fucking toilet. Also, the toilet is partially broken and he grieves about it every time it breaks. I wish I was joking about all of this, but it looks pretty damn real.

Here's an archive of his website.

Here's the OpenSea listing for his toilet.

Spoiler: Twitter stuff

Archive

Archive

Archive

Archive

Archive

Archive

 

[Porker LeVance]

At some point the NFT market will be flooded, and only remarkable and notable NFT's from the boom period will be valuable. Also they're only valuable if someone is willing to buy, so just because it has a high markup or you bought it for a lot doesn't mean you may ever get a return on the investment. You can sit on it for a long time and hold out for a buyer, but if there's no one that wants to buy your pixel art of a skinny white guy with a bandana and monocle, you're just stuck with it in your little Second Life house.

 

[2.D.]

I honestly regret not making some set of templates, whipping up an ImageMagick script, and then making and minting a shitton of low effort NFTs to cash in on a bunch of people who can't help but piss money away.