91–100 of 221 posts
They are planning on selling 60 lots for ~$1m each so the maths could work.
Earlier quoted context omitted.
After browsing OpenSea one may reasonably come to the conclusion that for every competent artist selling NFTs of their art, there are approximately 40,000 low-effort mspaint primates.
Or just straight-up stolen art. For every one artist selling NFTs of their own art, there are easily five NFTs sold by fraudsters misrepresenting themselves to have to right to do so.
319 ETH per acre. ($1mil USD today) I'm struggling to find a way to constructively criticize. Project aside, the video is not at all professional to a western audience. (watch all of it, I dare you) It's stylistically tone-deaf for their target market, grift notwithstanding. Who decided that real estate investors need a cartoon? At least Fyre's promo content felt "cool."
https://www.businessinsider.in/strategy/theres-a-reason-nige...
I'm about half way through this, and I honestly can't tell whether it's satire or not. If real, this could be the "The Room" [1] of pitches. Just waiting for it to turn into a Lord of the Flies type situation. [1] https://en.wikipedia.org/wiki/The_Room
Ironically given the benefits that the cryptocurrency ecosystem supposedly brings to artists, this promotional material contains stolen IP from at least one independent artist [1]. Cryptoland's response was to block the victim [2]. [1]: https://twitter.com/kamilabianchi/status/1478764832967086083 [2]: https://twitter.com/kamilabianchi/status/1479852849932734477
"Proof of work gym"
This is a joke, right?
Why would you want to live in a theme-park on a remote jungle island in a volatile jurisdiction with a bunch of assholes?
https://en.wikipedia.org/wiki/Republic_of_Minerva
https://en.wikipedia.org/wiki/Seasteading
https://www.theguardian.com/news/2021/sep/07/disastrous-voya...
It doesn't generally end well.
Earlier quoted context omitted.
You'd assume they'd be subject to the laws of whatever country that island is in. One thing you can be certain of is that no country is ceding any territory for them to form their own nation.
The island they are eyeing is Nananu-i-cake in Fiji: https://www.privateislandsonline.com/south-pacific/fiji/nana... It's at least a real island that's really for sale, but Cryptolands renders present it as being freestanding in the ocean rather than right next to the mainland and another island as it is in reality